16 Penny Ln, Ithaca, NY 14850
OFF MARKET

16 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 2 Beds
  • 1 Bath
  • 1,152 sqft

$249,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,763/mo*

$249,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $1,763/mo*
2 Beds
1 Bath
1,152 sqft

Home Value

Trulia Estimate
$249K
Since last month
Increased$3K (+1%)
Since last year
Decreased$6K (-2.2%)
Since last sale
Increased$28K (+12.9%)
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 +66% in the last 10 years
MonthEstimated value
2026
August 2026$248K
July 2026$246K
June 2026$250K
May 2026$247K
April 2026$246K
March 2026$250K
February 2026$246K
January 2026$243K
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
0.73
Condo
$239,000
06/12/26
2
1
1,104
0.68
Condo
$230,000
04/08/26
2
1
1,080
0.69
Condo
$224,500
12/08/25
2
1
1,080
0.69
Condo
$356,588
04/07/26
3
2
1,325
0.78
Condo
$457,500
10/27/25
3
2
1,560
1.35
Condo
$346,725
01/06/26
2
1.5
1,397
1.35
Condo
$330,000
03/20/26
3
2.5
2,011
1.31
Condo
$428,000
08/11/26
3
1.5
1,838
1.94
Condo
$380,000
06/17/26
2
2
983
2.73
Condo
$130,700
10/02/25
2
1
1,056

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
$260,200
3
1
1,152
Off Market
0.03
$311,300
2
1.5
1,344
Off Market
0.03
$264,900
2
1
1,152
For Sale
0.04
$259,900
2
1
1,152
Off Market
0.06
$222,000
2
1
960
Recently Sold
0.06
$237,200
2
1
864
Off Market
0.08
$242,200
2
1
1,152
Off Market
0.08
$234,800
2
1
864
Off Market
0.08
$259,900
2
1
1,152
For Sale
0.09
$251,900
2
1
864
Off Market
0.11
$289,700
2
1.5
1,344
Off Market
0.10
$225,000
2
1
864
For Sale

Local Information

  • Map ViewExplore the area around 16 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1983
Living Area
1,152 sqft
Price/Sqft
$216

About this House

Peaceable, private, large Commonland end unit with beautiful woodland views, enclosed patio for dining al fresco, and a living room large enough for all your furniture AND a baby grand piano (which your neighbors wonat hear because walls are so thick). Add to this washer, dryer, and dishwasher, two full bedrooms, one with huge walk-in closet, updated bath, minisplit air conditioner, and many other upgrades, including kitchenas Corian countertops, Marmoleum floors, and refinished woodwork. Best yet, no outdoor maintenance. It feels warm, bright, homey, and otherwise fabulous!
16 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 1,152 sqft condo in East Ithaca, built in 1983. It last sold for $220,000 on Jun 16, 2022. It is currently off market. The Trulia Estimate is $249,100, with a rent estimate of $1,925/month.

Home Details for 16 Penny Ln

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDryerWasher

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: CondoArchitecture: townhouse

Exterior Features

Exterior Home Features
Exterior: WoodFoundation Type: PiersPatio

Community

Units in Building: 1

Lot Information

Lot Area: 1306 sqft

Price and Tax history

DateEventPrice
Jun 16, 2022
Source: NYSAMLSs #IB405985
Sold
$220,000
May 21, 2022
Source: ITMLS #405985
Pending
$220,000
Apr 12, 2022
Source: ITMLS #405985
Contingent
$220,000
Apr 4, 2022
Source: ITMLS #405985
Listed For Sale
$220,000
Jun 14, 2016
Source: NYSAMLSs #IB305902
Sold
$150,000

Market trends in Ithaca

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

Around this home

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

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

Frequently asked questions about 16 Penny Ln

  • What is 16 Penny Ln estimated to be worth?
    Trulia's estimated value for 16 Penny Ln in Ithaca, NY is $249,100.
  • What is the price history for 16 Penny Ln?
    16 Penny Ln in Ithaca, NY last sold for $220,000 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 16 Penny Ln have laundry facilities?
    Yes, 16 Penny Ln in Ithaca, NY has in-unit laundry.

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