31 Penny Ln, Ithaca, NY 14850
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FOR SALE

31 Penny Ln
Ithaca, NY 14850

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

$259,900

Est. Mortgage $2,205/mo*

$259,900

Est. Mortgage $2,205/mo*
2 Beds
1 Bath
1,152 sqft

Home Highlights

HOA
$370/Monthly
Price/Sqft
$226
Climate Control
Electric, Baseboard Heating
Listed
4 days ago

Local Information

  • Map ViewExplore the area around 31 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Desirable, private, large end unit in Commonland Community. Enjoy beautiful views from the huge picture window in the living/dining room with cherry hardwood floor. Kitchen opens to living area and has full size front load w/d. Large primary bedroom has a big walk-in closet, updated bath and shower. additional bedroom can also be used as an office. Enjoy outdoor dining at your own large private patio with flower (rose) and vegetable (tomato) garden. Also designated parking space for this condo. This condo has been very well maintained. Close to Cornell, trails & the Six Mile Creek Nature Preserve, enjoy the beauty of Ithaca, w/o the maintenance. It’s also on the bus line and is a short drive or bike ride to Cornell. $370 HOA fee: water, sewer, snow removal, exterior maintenance, trash/recycling.
Last check for updates: about 8 hours ago
Listing by: Ithaca Real Estate, Inc., (607) 379-9168
Jenny Ying Chai, (607) 379-9168
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1708018

Home Details for 31 Penny Ln

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1152 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Range Hood, WasherDishwasherDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Electric,BaseboardHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies, Vinyl

Exterior Features

Exterior Home Features
Exterior: Blacktop DrivewayFoundation: Other, See Remarks
Parking & Garage
No GarageParking: No Garage
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 4

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Wood Siding
Property Information
Condition: ResaleParcel Number: 58.1131

Price & Status

Price
List Price: $259,900Price Per Sqft: $226
Status Change & Dates
Possession Timing: Closing

Location

Direction & Address
City: Ithaca TownCommunity: Commonland Community
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca

Agent Information

Listing Agent
Listing ID: R1708018

Building

Building Area
Building Area: 1152 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Ithaca Board of RealtorsHOA Fee: $370/Monthly

Lot Information

Lot Area: 1306.8 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: R1708018Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-581131-R-N

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.

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

Home Value

Trulia Estimate
$247K
Since last month
Decreased$6K (-2.3%)
Since last year
Decreased$4K (-1.7%)
Since last sale
Increased$79K (+47.4%)
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 +48% in the last 10 years
MonthEstimated value
2026
August 2026$247K
July 2026$253K
June 2026$259K
May 2026$252K
April 2026$249K
March 2026$255K
February 2026$247K
January 2026$242K
2025
2024
2023
2022
2021
2020
2019

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
0.04
Single-Family Home
$222,000
07/22/26
2
1
960
0.16
Single-Family Home
$295,000
03/17/26
1
1
1,050
0.32
Single-Family Home
$338,000
10/08/25
2
2
1,536
0.35
Single-Family Home
$383,500
06/05/26
2
2
1,284
0.22
Single-Family Home
$390,000
07/17/26
3
2
1,447
0.80
Single-Family Home
$183,000
05/29/26
2
1
772
0.35
Single-Family Home
$395,000
09/18/25
3
2.5
1,940

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
0.00
$234,800
2
1
864
Off Market
0.02
$251,900
2
1
864
Off Market
0.04
$242,200
2
1
1,152
Off Market
0.04
$222,000
2
1
960
Recently Sold
0.02
$225,000
2
1
864
For Sale
0.02
$256,800
2
1
1,152
Off Market
0.04
$237,200
2
1
864
Off Market
0.03
$309,000
3
1
1,152
For Sale
0.08
$260,200
3
1
1,152
Off Market
0.09
$257,800
2
1
1,152
Off Market
0.10
$264,900
2
1
1,152
For Sale

Price and Tax history

DateEventPrice
Aug 19, 2026
Source: NYSAMLSs #R1708018
Listed For Sale
$259,900
Jul 11, 2019
Source: NYSAMLSs #IB316730
Sold
$167,500
May 17, 2019
Source: Agent Provided
Pending
$169,000
Apr 29, 2019
Source: Agent Provided
Listed For Sale
$169,000
Nov 21, 2016
Source: NYSAMLSs #IB307884
Sold
$140,000

LGBTQ Local Legal Protections

Jenny Ying Chai, Ithaca Real Estate, Inc., (607) 379-9168
Agent Phone: (607) 379-9168
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-08-23 23:01:37 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Frequently asked questions about 31 Penny Ln

  • What is the estimated monthly payment for 31 Penny Ln?
    Based on a $259,900 list price with 20% down at today's rates, the estimated monthly payment for 31 Penny Ln in Ithaca, NY is approximately $1,860 (about $1,341 principal & interest, $444 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 31 Penny Ln compare to homes in Ithaca?
    31 Penny Ln in Ithaca, NY is listed at $259,900, about 36% below the $406K median sale price in Ithaca.
  • What are the closest schools to 31 Penny Ln?
    The closest schools to 31 Penny Ln in Ithaca, NY are Belle Sherman School (Pre-K/Elementary, rated 4/10), Beverly J Martin Elementary School (Pre-K, rated 3/10), Boynton Middle School (rated 8/10).
  • What is 31 Penny Ln estimated to be worth?
    Trulia's estimated value for 31 Penny Ln in Ithaca, NY is $246,900.
  • Does 31 Penny Ln have laundry facilities?
    Yes, 31 Penny Ln in Ithaca, NY has in-unit laundry.
  • How big is the lot at 31 Penny Ln?
    The lot at 31 Penny Ln in Ithaca, NY is about 0.03 acres (1,307 sq ft).
31 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 1,152 sqft single-family home built in 1982. 31 Penny Ln is located in East Ithaca, Ithaca. This property is currently available for sale and was listed by NYSAMLSs on Aug 19, 2026. The MLS # for this home is MLS# R1708018.