116 Penny Ln, Ithaca, NY 14850
OFF MARKET

116 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 2 Beds
  • 1.5 Baths
  • 1,536 sqft (on 0.32 acres)

$374,300

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,595/mo*
Refinance Your Home

$374,300

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,595/mo*
Refinance Your Home
2 Beds
1.5 Baths
1,536 sqft
(on 0.32 acres)

Home Value

Trulia Estimate
$374K
Since last month
Decreased$5K (-1.2%)
Since last year
Decreased$8K (-2%)
Since last sale
Increased$45K (+13.6%)
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 +96% in the last 10 years
MonthEstimated value
2026
August 2026$375K
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
110 Penny Ln, Ithaca, NY
0.06
Single-Family Home
$338,000
10/08/25
2
2
1,536
313 Sunnyview Ln, Ithaca, NY
0.30
Single-Family Home
$383,500
06/05/26
2
2
1,284
111 Terrace View Dr, Ithaca, NY
0.20
Single-Family Home
$395,000
09/18/25
3
2.5
1,940
151 Westview Ln, Ithaca, NY
0.38
Single-Family Home
$390,000
07/17/26
3
2
1,447
110 Terrace View Dr, Ithaca, NY
0.24
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
207 Eastwood Ave, Ithaca, NY
0.55
Single-Family Home
$360,000
06/17/26
3
1
1,176
121 Harwick Rd, Ithaca, NY
0.28
Single-Family Home
$561,250
07/24/26
3
3
2,791
145 Pine Tree Rd, Ithaca, NY
0.50
Single-Family Home
$455,000
09/30/25
3
2
1,637
71 Lois Ln, Ithaca, NY
0.25
Single-Family Home
$370,500
11/14/25
3
1.5
1,320
1015-17 E State St E, Ithaca, NY
0.74
Single-Family Home
$340,000
09/12/25
3
1.5
1,352

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
115 Penny Ln, Ithaca, NY 14850
0.01
$362,400
2
1.5
1,536
Off Market
113 Penny Ln, Ithaca, NY 14850
0.04
$504,100
3
2.5
2,356
Off Market
112 Penny Ln, Ithaca, NY 14850
0.04
$482,300
3
2.5
2,204
Off Market
110 Penny Ln, Ithaca, NY 14850
0.06
$355,800
2
2
1,536
Off Market
108 Penny Ln, Ithaca, NY 14850
0.07
$437,800
3
2.5
2,204
Off Market
107 Penny Ln, Ithaca, NY 14850
0.10
$546,900
3
2.5
2,312
Off Market
102 Penny Ln, Ithaca, NY 14850
0.13
$379,700
2
2
1,536
Off Market
97 Penny Ln, Ithaca, NY 14850
0.17
$310,000
2
1.5
1,232
Off Market
111 Terrace View Dr, Ithaca, NY 14850
0.20
$386,300
3
2.5
1,940
Off Market
88 Penny Ln, Ithaca, NY 14850
0.22
$295,000
1
1
1,050
Recently Sold
87 Penny Ln, Ithaca, NY 14850
0.22
$284,300
2
1
1,050
Off Market
86 Penny Ln, Ithaca, NY 14850
0.23
$310,100
2
1.5
1,230
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
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1988
Lot Size
0.32 acres
Living Area
1,536 sqft
Price/Sqft
$244
Parking
Garage

About this House

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. It is currently off market. The Trulia Estimate is $374,300, with a rent estimate of $2,166/month.

Home Details for 116 Penny Ln

Interior Features

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

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckExterior: WoodPatio
Parking & Garage
GarageParking: Carport, Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 0.32 acres

Price and Tax history

DateEventPrice
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

Market trends in Ithaca

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$406K
$17.33KMoM
Sale-to-List Price
99.2%
1.1%MoM
Price per sq ft
$228
$6MoM
Available listings
145
2MoM
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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Ithaca
See Local Highlights
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

Apartments for Rent

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Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 116 Penny Ln

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Off Market Homes Near 116 Penny Ln

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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 $374,300.
  • 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 balanced market, based on recent for-sale activity.
  • What's the median sale price in Ithaca?
    The median sale price in Ithaca is $406K. That is up $17.33K 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.