$225,000
2 Beds
1 Bath
864 sqft
42 Penny Ln, Ithaca, NY 14850
Est. Mortgage $1,988/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1983
$260/sqft
Garage
HOA $370/mo
Local Information
- Map ViewExplore the area around 42 Penny Ln.
- Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 4 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: 93 |
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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 |
Around this home
- Belle Sherman School
- PK-5
- Public
- 347 Students
4/10GreatSchools RatingParent Rating AverageThe best program is reading. Everyday bear folder has new books to read.Other Review9y ago - Caroline Elementary School
- PK-5
- Public
- 273 Students
9/10GreatSchools RatingParent Rating AverageWe had a great extra Caroline. Maybe kids attended from K-5th. Small class sizes (my sons K class had only 12 kids!) mean lots of teacher-student interaction. Teachers engage the kids with interesting projects and they use the outdoor nature campus for many learning opportunities. The principal was great too. All around a fantastic school!Parent Review4y ago - Beverly J Martin Elementary School
- PK-5
- Public
- 258 Students
3/10GreatSchools RatingParent Rating AverageIn comparison to other elementary schools of the ICSD, BJM is a truer reflection of inclusion and cultural diversity. If you want your child to learn how to appreciate difference in gender, race, socioeconomic status, ability, and be exposed to a myriad of ways of thought, I would encourage you to consider this school.Other Review8y ago - Enfield School
- PK-5
- Public
- 165 Students
3/10GreatSchools RatingParent Rating AverageEnfield is an awesome school. The class sizes are small, teachers are enthusiastic and supported by their administrators and there is a real sense of community. There is a curriculum centered around gardens and farming. There’s a creek and sledding hills and kids spend a lot of time outside year round.Parent Review3y ago - Fall Creek Elementary School
- PK-5
- Public
- 217 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - South Hill School
- PK-5
- Public
- 363 Students
9/10GreatSchools RatingParent Rating AverageSouth Hill has provided a great educational and social experience for my kid in the two years we've been there. Classes are small, teachers are committed, there is a great number of aides supporting teachers, and there is good social-emotional support. We have experience some minor level of bullying that has been addressed strongly and assertively by leadership, including direct involvement of the Principal who is very approachable and involved in all school matters. Infrastructure is great, there are plenty opportunities for parent involvement as well, and the school is generally well run.Parent Review1y ago - Cayuga Heights Elementary
- PK-5
- Public
- 270 Students
9/10GreatSchools RatingParent Rating AverageThe teacher should stop telling the students that they don’t need to go to college. The students should make that decision at the right time in high school. The teacher should focus more on the learning.Parent Review11mo ago
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
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
Home Value
Trulia Estimate
$214KSince last month
Decreased$3K (-1.2%)Since last year
Decreased$9K (-3.8%)Since last sale
Increased$4K (+2%)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 +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $214K |
| August 2026 | $216K |
| July 2026 | $217K |
| June 2026 | $219K |
| May 2026 | $222K |
| April 2026 | $221K |
| March 2026 | $220K |
| February 2026 | $225K |
| January 2026 | $223K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $222,000 | 07/22/26 | 2 | 1 | 960 | |
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 | |
0.21 | Single-Family Home | $390,000 | 07/17/26 | 3 | 2 | 1,447 | |
0.82 | Single-Family Home | $183,000 | 05/29/26 | 2 | 1 | 772 | |
1.09 | Single-Family Home | $260,000 | 07/14/26 | 2 | 1 | 906 | |
0.33 | 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 |
|---|---|---|---|---|---|---|
0.05 | $315,900 | 3 | 1.5 | 1,346 | Off Market | |
0.01 | $256,000 | 2 | 1 | 1,152 | Off Market | |
0.02 | $252,400 | 2 | 1 | 864 | Off Market | |
0.02 | $259,900 | 2 | 1 | 1,152 | For Sale | |
0.03 | $234,800 | 2 | 1 | 864 | Off Market | |
0.04 | $245,900 | 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 | $205,000 | 1 | 1 | 960 | Recently Sold | |
0.13 | $313,400 | 2 | 1.5 | 1,230 | Off Market | |
0.13 | $285,700 | 2 | 1 | 1,050 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 3, 2026 Source: NYSAMLSs #R1687334 | Listed For Sale | $225,000 |
Aug 26, 2024 Source: NYSAMLSs #R1551734 | Sold | $210,000 |
Jul 15, 2024 Source: ITMLS #R1551734 | Contingent | $210,000 |
Jul 12, 2024 Source: ITMLS #R1551734 | Listed For Sale | $210,000 |
May 2, 2019 Source: NYSAMLSs #IB315885 | Sold | $163,000 |
Feb 27, 2019 Source: Agent Provided | Pending | $155,000 |
Feb 19, 2019 Source: Agent Provided | Listed For Sale | $155,000 |
Jan 10, 2017 Source: NYSAMLSs #IB307422 | Sold | $134,000 |
Dec 6, 2016 Source: Agent Provided | Pending | $139,000 |
Sep 22, 2016 Source: Agent Provided | PriceChange | $139,000 Price decreased by 4% |
Aug 31, 2016 Source: Agent Provided | Listed For Sale | $145,000 |
Aug 22, 2006 Source: N/A | Sold | $95,000 |
May 26, 2000 Source: N/A | Sold | $43,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $185,000 |
Home facts updated by county records
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 2026-09-05 00:57:43 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 42 Penny Ln
- What is the estimated monthly payment for 42 Penny Ln?Based on a $225,000 list price with 20% down at today's rates, the estimated monthly payment for 42 Penny Ln in Ithaca, NY is approximately $1,626 (about $1,167 principal & interest, $384 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 42 Penny Ln compare to homes in Ithaca?42 Penny Ln in Ithaca, NY is listed at $225,000, about 45% below the $406K median sale price in Ithaca.
- What are the closest schools to 42 Penny Ln?The closest schools to 42 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 42 Penny Ln estimated to be worth?Trulia's estimated value for 42 Penny Ln in Ithaca, NY is $214,300.
- Does 42 Penny Ln have laundry facilities?Yes, 42 Penny Ln in Ithaca, NY has laundry facilities.
- How big is the lot at 42 Penny Ln?The lot at 42 Penny Ln in Ithaca, NY is about 0.02 acres (871 sq ft).
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.