5 Penny Ln
Ithaca, NY 14850
East Ithaca- 2 Beds
- 1 Bath
- 864 sqft
2 Beds
1 Bath
864 sqft
Home Value
Trulia Estimate
$197KSince last month
Increased$1K (+0.7%)Since last year
Decreased$4K (-2.1%)Since last sale
Increased$77K (+64.4%)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 +63% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $197K |
| July 2026 | $196K |
| June 2026 | $201K |
| May 2026 | $198K |
| April 2026 | $195K |
| March 2026 | $202K |
| February 2026 | $197K |
| January 2026 | $193K |
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 |
|---|---|---|---|---|---|---|---|
0.75 | Condo | $239,000 | 06/12/26 | 2 | 1 | 1,104 | |
0.70 | Condo | $230,000 | 04/08/26 | 2 | 1 | 1,080 | |
0.71 | Condo | $224,500 | 12/08/25 | 2 | 1 | 1,080 | |
0.71 | Condo | $356,588 | 04/07/26 | 3 | 2 | 1,325 | |
0.80 | Condo | $457,500 | 10/27/25 | 3 | 2 | 1,560 | |
1.37 | Condo | $346,725 | 01/06/26 | 2 | 1.5 | 1,397 | |
1.98 | Condo | $380,000 | 06/17/26 | 2 | 2 | 983 | |
1.37 | Condo | $330,000 | 03/20/26 | 3 | 2.5 | 2,011 | |
1.34 | Condo | $428,000 | 08/11/26 | 3 | 1.5 | 1,838 | |
2.78 | Condo | $130,700 | 10/02/25 | 2 | 1 | 1,056 |
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 |
|---|---|---|---|---|---|---|
0.02 | $264,900 | 2 | 1 | 1,152 | For Sale | |
0.00 | $258,100 | 2 | 1 | 1,152 | Off Market | |
0.04 | $311,300 | 2 | 1.5 | 1,344 | Off Market | |
0.06 | $260,200 | 3 | 1 | 1,152 | Off Market | |
0.06 | $237,200 | 2 | 1 | 864 | Off Market | |
0.06 | $222,000 | 2 | 1 | 960 | Recently Sold | |
0.08 | $261,200 | 5 | 2.5 | 2,048 | Off Market | |
0.09 | $233,900 | 2 | 1 | 864 | Off Market | |
0.11 | $250,100 | 2 | 1 | 864 | Off Market | |
0.12 | $242,200 | 2 | 1 | 1,152 | Off Market | |
0.12 | $255,300 | 2 | 1 | 1,152 | Off Market | |
0.12 | $225,000 | 2 | 1 | 864 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1984
Living Area
864 sqft
Price/Sqft
$228
About this House
Welcome to your future Commonland condo! And just in time to watch the seasons change through your lovely living room picture window! This tastefully appointed residence, at an affordable price, has been lovingly maintained and features upgrades, including air conditioning (thank you very much); a fabulous flagstone patio, a new Bosch dishwasher, and more. Just move right in. If you enjoy nature youll love the Commonlands luscious flora and fauna, from the hiking trails to the green common areas. Easy access (on bus route) to downtown; Cornell & IC; and East Hill Plaza for shopping.
5 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 864 sqft condo in East Ithaca, built in 1984. It last sold for $120,000 on Sep 30, 2014. It is currently off market. The Trulia Estimate is $197,300, with a rent estimate of $1,895/month.
Home Details for 5 Penny Ln
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Interior Details Basement |
Heating & Cooling Heating: Baseboard, ElectricAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate |
Appliances & Utilities Cable ReadyDishwasherMicrowaveRefrigerator |
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Exterior Home Features Roof: OtherExterior: WoodFoundation Type: PiersPatio |
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Year Built Year Built: 1984 |
Property Type / Style Property Type: CondoArchitecture: Contemporary |
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Units in Building: 1 |
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Lot Area: 871 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 30, 2014 Source: NYSAMLSs #IB141701 | Sold | $120,000 |
Aug 19, 2014 Source: Agent Provided | PriceChange | $122,500 Price decreased by 2% |
Aug 7, 2014 Source: Agent Provided | Listed For Sale | $125,000 |
Apr 15, 2011 Source: Agent Provided | ListingRemoved | $115,000 |
Oct 20, 2010 Source: Agent Provided | Listed For Sale | $115,000 |
Jul 11, 2007 Source: N/A | Sold | $103,000 |
Jan 14, 2005 Source: N/A | Sold | $85,900 |
Oct 2, 2000 Source: N/A | Sold | $34,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $165,000 |
Home facts updated by county records
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
Around this home
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
Frequently asked questions about 5 Penny Ln
- What is 5 Penny Ln estimated to be worth?Trulia's estimated value for 5 Penny Ln in Ithaca, NY is $197,300.
- What is the price history for 5 Penny Ln?5 Penny Ln in Ithaca, NY last sold for $120,000 in September 2014.
- 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 5 Penny Ln have air conditioning?Yes, 5 Penny Ln in Ithaca, NY has air conditioning.

