48 Penny Ln, Ithaca, NY 14850
OFF MARKET

48 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 3 Beds
  • 3 Baths
  • 1,716 sqft

$336,900

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,355/mo*
Refinance Your Home

$336,900

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $2,355/mo*
Refinance Your Home
3 Beds
3 Baths
1,716 sqft

Home Value

Trulia Estimate
$337K
Since last month
Increased$3K (+0.7%)
Since last year
Increased$11K (+3.5%)
Since last sale
Increased$135K (+66.5%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$338K
July 2026$336K
June 2026$340K
May 2026$338K
April 2026$337K
March 2026$334K
February 2026$325K
January 2026$317K
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
12 Penny Ln, Ithaca, NY
0.14
Townhouse
$250,000
12/23/25
2
1
1,152
116 Terrace View Dr, Ithaca, NY
0.27
Townhouse
$405,000
07/15/26
3
2.5
1,838
207 Walnut St, Ithaca, NY
1.12
Townhouse
$432,500
01/28/26
2
3
1,399
92 Whitetail Dr, Ithaca, NY
1.44
Townhouse
$350,000
12/04/25
3
1.5
1,548
105 Grandview Ave, Ithaca, NY
1.62
Townhouse
$360,000
04/01/26
3
1
1,500
54 Nor Way, Ithaca, NY
4.60
Townhouse
$510,000
10/21/25
3
3.5
2,297
2 Woodland Way, Ithaca, NY
6.01
Townhouse
$650,000
03/12/26
3
3
3,921

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
50 Penny Ln, Ithaca, NY 14850
0.01
$309,300
3
1.5
1,346
Off Market
42 Penny Ln, Ithaca, NY 14850
0.05
$225,000
2
1
864
For Sale
40 Penny Ln, Ithaca, NY 14850
0.05
$255,300
2
1
1,152
Off Market
44 Penny Ln, Ithaca, NY 14850
0.05
$309,000
3
1
1,152
For Sale
36 Penny Ln, Ithaca, NY 14850
0.06
$250,100
2
1
864
Off Market
31 Penny Ln, Ithaca, NY 14850
0.07
$259,900
2
1
1,152
For Sale
30 Penny Ln, Ithaca, NY 14850
0.07
$233,900
2
1
864
Off Market
34 Penny Ln, Ithaca, NY 14850
0.08
$242,200
2
1
1,152
Off Market
22 Penny Ln, Ithaca, NY 14850
0.10
$222,000
2
1
960
Recently Sold
21 Penny Ln, Ithaca, NY 14850
0.10
$237,200
2
1
864
Off Market
86 Penny Ln, Ithaca, NY 14850
0.10
$311,800
2
1.5
1,230
Off Market
87 Penny Ln, Ithaca, NY 14850
0.11
$284,300
2
1
1,050
Off Market

Local Information

  • Map ViewExplore the area around 48 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1985
Living Area
1,716 sqft
Price/Sqft
$196
Parking
Garage

About this House

Comfort, convenience, and beauty converge in this up to date 1700+ SF town-home. New hardwood floors & gorgeous black tile downstairs. Office at entry, leads to comfy living/dining & kitchen made "winter-cozy" with gas heating stove. Walk-in closets in both bedrooms, & each has en suite bath. Addt'l 1/2 bath down. Walk-in pantry big enough for laundry and H2O heater too. Ductless AC units. Custom wood Levelor blinds throughout. Panoramic west hill & sunset views. Public open house 3/28 12:30-2pm. On bus route and close to Cornell University, Ithaca College & Downtown.
48 Penny Ln, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 1,716 sqft townhouse in East Ithaca, built in 1985. It last sold for $203,000 on Jun 18, 2015. It is currently off market. The Trulia Estimate is $336,900, with a rent estimate of $2,707/month.

Home Details for 48 Penny Ln

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet
Heating & Cooling
Heating: Baseboard, ElectricAir ConditioningHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: WoodFoundation Type: Crawl RaisedPorch
Parking & Garage
GarageParking Space: 1Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: TownhouseArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 1742 sqft

Price and Tax history

DateEventPrice
Jun 18, 2015
Source: NYSAMLSs #IB300938
Sold
$203,000
Apr 27, 2015
Source: Agent Provided
Pending
$209,000
Apr 27, 2015
Source: Agent Provided
PriceChange
$209,000
Price decreased by 5%
Mar 10, 2015
Source: Agent Provided
Listed For Sale
$219,900
Jul 1, 2011
Source: N/A
Sold
$173,500

Market trends in Ithaca

Last updated July 2026
Buyer'sMarketSeller'sMarket
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

Around this home

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

Neighborhood Overview

East Ithaca
See Local Highlights
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 48 Penny Ln

  • What is 48 Penny Ln estimated to be worth?
    Trulia's estimated value for 48 Penny Ln in Ithaca, NY is $336,900.
  • What is the price history for 48 Penny Ln?
    48 Penny Ln in Ithaca, NY last sold for $203,000 in June 2015.
  • 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 48 Penny Ln have laundry facilities?
    Yes, 48 Penny Ln in Ithaca, NY has in-unit laundry.
  • Does 48 Penny Ln have a garage?
    Yes, 48 Penny Ln in Ithaca, NY has a garage.

Explore by feature - Pet Friendly

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