40 Penny Ln
Ithaca, NY 14850
East Ithaca- 2 Beds
- 1 Bath
- 1,152 sqft
2 Beds
1 Bath
1,152 sqft
Local Information
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Description
Move right in to easy living with this conveniently located two bedroom condo. Open concept kitchen and living room. The Commonland community is very close to Cornell University, Ithaca College, and downtown Ithaca. Direct access to 6 mile creek with acres of nature surrounding you, waterfalls and trails.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 16, 2026
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
$300/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 40 Penny Ln
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MLS Status: Closed |
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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, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, WasherDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Laminate, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Ceramic Tile, Laminate, Varies |
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Exterior Home Features Patio / Porch: Enclosed, PorchExterior: Gravel DrivewayFoundation: Poured |
Parking & Garage No GarageParking: No Garage,Shared Driveway |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 4 |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story |
Building Construction Materials: Wood Siding |
Property Information Condition: ResaleParcel Number: 58.1140 |
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Price List Price: $235,000 |
Status Change & Dates Off Market Date: Wed Jul 17 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca Town |
School Information Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
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Building Area Building Area: 1152 Square Feet |
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Not Senior Community |
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Association for this Listing: Ithaca Board of RealtorsHOA Fee: $300/Monthly |
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Lot Area: 1306.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, USDA Loan, VA Loan |
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Mls Number: R1538384Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-581140-R-N |
Last check for updates: about 9 hours ago
Listed by Havana Jorrin, (607) 280-9032
Warren Real Estate of Ithaca Inc.
Bought with: Marissa Makie, (607) 659-4343, Berkshire Hathaway HomeServices Heritage Realty
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1538384

Price History for 40 Penny Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2024 | $239,900 | Sold | NYSAMLSs #R1538384 |
| 05/21/2024 | $235,000 | Contingent | ITMLS #R1538384 |
| 05/16/2024 | $235,000 | Listed For Sale | ITMLS #R1538384 |
| 06/05/2020 | $166,000 | Sold | NYSAMLSs #IB401272 |
| 02/13/2020 | $169,500 | Pending | Agent Provided |
| 01/28/2020 | $169,500 | Listed For Sale | Agent Provided |
| 07/24/2014 | $135,000 | Sold | NYSAMLSs #IB140785 |
| 04/29/2014 | $134,000 | Listed For Sale | Agent Provided |
| 08/07/2007 | $109,000 | Sold | N/A |
| 02/19/2003 | $70,000 | Sold | N/A |
| 06/05/2001 | $48,890 | Sold | N/A |
| 06/12/1998 | $48,900 | Sold | N/A |
| 02/07/1995 | $56,500 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $220,000 |
Home facts updated by county records
Comparable Sales for 40 Penny Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $295,000 | 03/17/26 | 1 | 1 | 1,050 | |
0.31 | Single-Family Home | $338,000 | 10/08/25 | 2 | 2 | 1,536 | |
0.27 | Single-Family Home | $430,000 | 06/04/25 | 3 | 2 | 1,482 | |
0.28 | Single-Family Home | $459,000 | 05/30/25 | 3 | 2.5 | 1,852 | |
0.33 | Single-Family Home | $395,000 | 09/18/25 | 3 | 2.5 | 1,940 | |
0.38 | Single-Family Home | $455,000 | 09/30/25 | 3 | 2 | 1,637 | |
0.24 | Single-Family Home | $511,000 | 08/18/25 | 4 | 2 | 1,880 | |
0.34 | Single-Family Home | $400,000 | 11/25/25 | 4 | 2.5 | 1,852 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 40 Penny Ln.
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.
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Homes for sale near 40 Penny Ln
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Homes for rent near 40 Penny Ln
40 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 1,152 sqft single-family home built in 1983. 40 Penny Ln is located in East Ithaca, Ithaca. This property is not currently available for sale. 40 Penny Ln was last sold on Jul 17, 2024 for $239,900 (2% higher than the asking price of $235,000). The current Trulia Estimate for 40 Penny Ln is $257,900.