$363,200
2 Beds
1.5 Baths
1,536 sqft (on 0.32 acres)
116 Penny Ln, Ithaca, NY 14850
Est. Refi. Payment $2,599/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 10, 2022 for $330,000
Home Value
Trulia Estimate
$363KSince last month
Decreased$4K (-1%)Since last year
Decreased$12K (-3.1%)Since last sale
Increased$34K (+10.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +89% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $364K |
| October 2026 | $367K |
| September 2026 | $367K |
| August 2026 | $374K |
| July 2026 | $374K |
| June 2026 | $379K |
| May 2026 | $379K |
| April 2026 | $380K |
| March 2026 | $377K |
| February 2026 | $370K |
| January 2026 | $363K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $383,500 | 06/05/26 | 2 | 2 | 1,284 | |
0.33 | Single-Family Home | $327,500 | 09/17/26 | 3 | 2 | 1,643 | |
0.38 | Single-Family Home | $390,000 | 07/17/26 | 3 | 2 | 1,447 | |
0.24 | Single-Family Home | $400,000 | 11/25/25 | 4 | 2.5 | 1,852 | |
0.55 | Single-Family Home | $360,000 | 06/17/26 | 3 | 1 | 1,176 | |
0.28 | Single-Family Home | $561,250 | 07/24/26 | 3 | 3 | 2,791 | |
0.25 | Single-Family Home | $370,500 | 11/14/25 | 3 | 1.5 | 1,320 | |
0.22 | Single-Family Home | $295,000 | 03/17/26 | 1 | 1 | 1,050 | |
0.90 | Single-Family Home | $355,000 | 06/17/26 | 3 | 1.5 | 1,620 | |
0.64 | Single-Family Home | $155,000 | 12/05/25 | 3 | 1 | 1,638 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $353,200 | 2 | 1.5 | 1,536 | Off Market | |
0.02 | $401,900 | 3 | 3 | 1,436 | Off Market | |
0.02 | $404,900 | 3 | 3 | 1,436 | Off Market | |
0.04 | $488,300 | 3 | 2.5 | 2,356 | Off Market | |
0.04 | $466,500 | 3 | 2.5 | 2,204 | Off Market | |
0.05 | $315,300 | 2 | 2 | 768 | Off Market | |
0.06 | $343,100 | 2 | 2 | 1,536 | Off Market | |
0.07 | $421,200 | 3 | 2.5 | 2,204 | Off Market | |
0.07 | $426,100 | 3 | 2.5 | 2,204 | Off Market | |
0.08 | $274,900 | 3 | 2 | 1,440 | Off Market | |
0.08 | $146,000 | 1 | 1 | 750 | Off Market | |
0.10 | $535,200 | 3 | 2.5 | 2,312 | Off Market | |
0.10 | $310,900 | 2 | 2 | 1,572 | Off Market | |
0.11 | $338,600 | 2 | 2 | 1,536 | Off Market | |
0.11 | $439,200 | 4 | 3 | 2,738 | Off Market | |
0.12 | $423,000 | 3 | 2.5 | 1,436 | Off Market | |
0.12 | $372,400 | 3 | 2 | 1,500 | Off Market | |
0.13 | $350,800 | 4 | 2 | 1,662 | Off Market | |
0.13 | $370,000 | 2 | 2 | 1,536 | Off Market | |
0.13 | $328,200 | 3 | 2 | 1,555 | Off Market |
Local Information
- Map ViewExplore the area around 116 Penny Ln.
- Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1988
0.32 acre lot
1,536 sqft
$236/sqft
Garage
About this House
What's unique:Spacious second bedroomWalk in closetOpen floor planHerringbone hardwoodsWood burning fireplaceNewer laundry appliances
All the works been done! Close to Cornell & Downtown Ithaca (on the bus rt). The property boarders six mile creek hiking trails & is located at the end of the cul-de-sac. The large windows provide tons of natural light illuminating the open floor plan; a wonderful place to relax &/or entertain. Enjoy easy access to the outside on both levels through the sliding glass doors to the wonderful deck & a patio. The living room has floor to ceiling built in bookshelves and a wood burning fireplace. This property offers:large bedrooms,den&garage. Many improvements made (see complete list in docs).
116 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 2 bathroom, 1,536 sqft single-family home in East Ithaca, built in 1988. It last sold for $330,000 on Jun 10, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $363,200, with a rent estimate of $2,241/month.
Home Details for 116 Penny Ln
|
|---|
Interior Details BasementTypes of Rooms: Walk In Closet |
Heating & Cooling Heating: Baseboard, ElectricAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood, Linoleum Vinyl |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
|---|
Year Built Year Built: 1988 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
|
|---|
Exterior Home Features DeckExterior: WoodPatio |
Parking & Garage GarageParking: Carport, Garage Detached |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 0.32 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 13, 2022 Source: ITMLS #406422 | Pending | $299,900 |
Jun 10, 2022 Source: NYSAMLSs #IB406422 | Sold | $330,000 |
Apr 16, 2022 Source: ITMLS #406422 | Contingent | $299,900 |
Apr 14, 2022 Source: ITMLS #406422 | Listed For Sale | $299,900 |
Mar 24, 2017 Source: NYSAMLSs #IB308558 | Sold | $243,200 |
Feb 7, 2017 Source: Agent Provided | Pending | $230,000 |
Jan 30, 2017 Source: Agent Provided | Listed For Sale | $230,000 |
Jan 6, 2016 Source: N/A | Sold | $192,500 |
Sep 20, 2013 Source: NYSAMLSs #IB139122 | Sold | $165,750 |
Aug 31, 2001 Source: N/A | Sold | $105,000 |
Aug 31, 2000 Source: N/A | Sold | $105,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $285,000 |
Home facts updated by county records
Market trends in Ithaca
Last updated October 2026
Avg. sale price
$481K
$4KMoM
Sale-to-List Price
97.5%
1.0%MoM
Price per sq ft
$244
$13MoM
Available listings
151
28MoM
Sourced by Trulia Market Trends
Around this home
- Belle Sherman School
- PK-5
- Public
- 347 Students
4/10GreatSchools RatingParent Rating AverageThe best program is reading. Everyday bear folder has new books to read.Other Review9y ago - Caroline Elementary School
- PK-5
- Public
- 273 Students
9/10GreatSchools RatingParent Rating AverageWe had a great extra Caroline. Maybe kids attended from K-5th. Small class sizes (my sons K class had only 12 kids!) mean lots of teacher-student interaction. Teachers engage the kids with interesting projects and they use the outdoor nature campus for many learning opportunities. The principal was great too. All around a fantastic school!Parent Review4y ago - Beverly J Martin Elementary School
- PK-5
- Public
- 258 Students
3/10GreatSchools RatingParent Rating AverageIn comparison to other elementary schools of the ICSD, BJM is a truer reflection of inclusion and cultural diversity. If you want your child to learn how to appreciate difference in gender, race, socioeconomic status, ability, and be exposed to a myriad of ways of thought, I would encourage you to consider this school.Other Review8y ago - Enfield School
- PK-5
- Public
- 165 Students
3/10GreatSchools RatingParent Rating AverageEnfield is an awesome school. The class sizes are small, teachers are enthusiastic and supported by their administrators and there is a real sense of community. There is a curriculum centered around gardens and farming. There’s a creek and sledding hills and kids spend a lot of time outside year round.Parent Review3y ago - Fall Creek Elementary School
- PK-5
- Public
- 217 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - South Hill School
- PK-5
- Public
- 363 Students
9/10GreatSchools RatingParent Rating AverageSouth Hill has provided a great educational and social experience for my kid in the two years we've been there. Classes are small, teachers are committed, there is a great number of aides supporting teachers, and there is good social-emotional support. We have experience some minor level of bullying that has been addressed strongly and assertively by leadership, including direct involvement of the Principal who is very approachable and involved in all school matters. Infrastructure is great, there are plenty opportunities for parent involvement as well, and the school is generally well run.Parent Review1y ago - Cayuga Heights Elementary
- PK-5
- Public
- 270 Students
9/10GreatSchools RatingParent Rating AverageThe teacher should stop telling the students that they don’t need to go to college. The students should make that decision at the right time in high school. The teacher should focus more on the learning.Parent Review1y ago
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East Ithaca
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's quiet
100 % Say car is needed
100 % Say parking is easy
83 % Say there's holiday spirit
83 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say it's walkable to restaurants
67 % Say kids play outside
63 % Say people would walk alone at night
57 % Say it's walkable to grocery stores
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
50 % Say streets are well-lit
44 % Say neighbors are friendly
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Penny Ln
- What is 116 Penny Ln estimated to be worth?Trulia's estimated value for 116 Penny Ln in Ithaca, NY is $363,200.
- What is the price history for 116 Penny Ln?116 Penny Ln in Ithaca, NY last sold for $330,000 in June 2022.
- Is Ithaca a buyer's or seller's market?Ithaca is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Ithaca?The median sale price in Ithaca is $481K. That is down $4K from the prior month.
- Does 116 Penny Ln have air conditioning?Yes, 116 Penny Ln in Ithaca, NY has air conditioning.
- Does 116 Penny Ln have laundry facilities?Yes, 116 Penny Ln in Ithaca, NY has in-unit laundry.
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