42 Penny Ln
Ithaca, NY 14850
East Ithaca- 2 Beds
- 1 Bath
- 864 sqft
2 Beds
1 Bath
864 sqft
We estimate this home will sell faster than 96% nearby.
Local Information
-- mins to
Description
This 2 bedroom bi-level condo is PERFECT EASY LIVING! Attractive and efficient! The main level features a living/dining combo with flooring and a large bay window. The convenient kitchen is across from the dining area. It has a breakfast bar with granite counters plus newer appliances, as well as a walk-in pantry/laundry. Upstairs are 2 bedrooms with hardwood floors and a full bath. There's abundant parking plus a reserved carport with a storage closet. HOA fees $370/mo. cover water, sewer, garbage, roof, snow removal, exterior maintenance and landscaping plus community laundry facilities. In 2027, the HOA has
planned siding repair and exterior painting for units #27 to #44. #42 is included. It will look fresh and new! Bus stop nearby. Access to miles of private fascinating hiking trails. Bird lovers paradise! A fabulous place to call home! Minutes to Cornell & Ithaca College, supermarket, drug store, banks & restaurants.
planned siding repair and exterior painting for units #27 to #44. #42 is included. It will look fresh and new! Bus stop nearby. Access to miles of private fascinating hiking trails. Bird lovers paradise! A fabulous place to call home! Minutes to Cornell & Ithaca College, supermarket, drug store, banks & restaurants.
We estimate this home will sell faster than 96% nearby.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating only
HOA
$370/Monthly
Price/Sqft
$260
Listed
36 days ago
Last check for updates: about 9 hours ago
Listing by: Warren Real Estate of Ithaca Inc., (607) 257-0666
Siu-ling Chaloemtiarana, (607) 279-2550
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1687334

Also Listed on NYSAMLSs.
Home Details for 42 Penny Ln
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MLS Status: Active |
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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: 864 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, WasherDishwasherDisposalLaundry: Main LevelRefrigeratorWasher |
Heating & Cooling Heating: ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Varies |
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Exterior Home Features Patio / Porch: PatioExterior: Blacktop Driveway, PatioFoundation: Block |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageParking Spaces: 1Parking: Carport,Other |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Days on Market: 36 |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other,See Remarks |
Building Construction Materials: Wood Siding |
Property Information Condition: ResaleParcel Number: 50308905800100010420000000 |
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Price List Price: $225,000Price Per Sqft: $260 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Ithaca TownCommunity: Commonland |
School Information Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School: Dewitt MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca |
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Listing Agent Listing ID: R1687334 |
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Building Area Building Area: 864 Square Feet |
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Not Senior Community |
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Association for this Listing: Ithaca Board of RealtorsHOA Fee: $370/Monthly |
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Lot Area: 871.2 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Mls Number: R1687334Living Area Range Units: Square FeetAttribution Contact: 607-279-2550Universal Property Id: US-36109-N-50308905800100010420000000-R-N |
Market trends in Ithaca
Last updated May 2026
Avg. sale price
$404K
$17.17KMoM
Sale-to-List Price
—
Price per sq ft
$229
$1MoM
Available listings
156
25MoM
Price History for 42 Penny Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 06/03/2026 | $225,000 | Listed For Sale | NYSAMLSs #R1687334 |
| 08/26/2024 | $210,000 | Sold | NYSAMLSs #R1551734 |
| 07/15/2024 | $210,000 | Contingent | ITMLS #R1551734 |
| 07/12/2024 | $210,000 | Listed For Sale | ITMLS #R1551734 |
| 05/02/2019 | $163,000 | Sold | NYSAMLSs #IB315885 |
| 02/27/2019 | $155,000 | Pending | Agent Provided |
| 02/19/2019 | $155,000 | Listed For Sale | Agent Provided |
| 01/10/2017 | $134,000 | Sold | NYSAMLSs #IB307422 |
| 12/06/2016 | $139,000 | Pending | Agent Provided |
| 09/22/2016 | $139,000 | PriceChange | Agent Provided |
| 08/31/2016 | $145,000 | Listed For Sale | Agent Provided |
| 08/22/2006 | $95,000 | Sold | N/A |
| 05/26/2000 | $43,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $185,000 |
Home facts updated by county records
Comparable Sales for 42 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 | |
0.30 | Single-Family Home | $338,000 | 10/08/25 | 2 | 2 | 1,536 | |
0.33 | Single-Family Home | $383,500 | 06/05/26 | 2 | 2 | 1,284 | |
0.82 | Single-Family Home | $183,000 | 05/29/26 | 2 | 1 | 772 | |
0.33 | Single-Family Home | $395,000 | 09/18/25 | 3 | 2.5 | 1,940 | |
0.39 | Single-Family Home | $455,000 | 09/30/25 | 3 | 2 | 1,637 | |
0.25 | 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 42 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Siu-ling Chaloemtiarana, Warren Real Estate of Ithaca Inc., (607) 257-0666
Agent Phone: (607) 279-2550

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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 2026-07-09 15:48:24 PDT.
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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.
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42 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 864 sqft single-family home built in 1983. 42 Penny Ln is located in East Ithaca, Ithaca. This property is currently available for sale and was listed by NYSAMLSs on Jun 3, 2026. The MLS # for this home is MLS# R1687334.

