5 Penny Ln, Ithaca, NY 14850
Property image
Property image
OFF MARKET

5 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 2 Beds
  • 1 Bath
  • 864 sqft

$197,300

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,410/mo*

$197,300

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,410/mo*
2 Beds
1 Bath
864 sqft

Home Value

Trulia Estimate
$197K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 5 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Baseboard, ElectricAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate
Appliances & Utilities
Cable ReadyDishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: WoodFoundation Type: PiersPatio

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: CondoArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 871 sqft

Price and Tax history

DateEventPrice
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

Market trends in Ithaca

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$406K
$17.33K
MoM
Sale-to-List Price
99.2%
1.1%
MoM
Price per sq ft
$228
$6
MoM
Available listings
145
2
MoM

Around this home

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

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.

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.

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