86 Penny Ln, Ithaca, NY 14850
OFF MARKET

$313,400

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,230 sqft

86 Penny Ln, Ithaca, NY 14850

East Ithaca
Est. Refi. Payment $2,225/mo*
Refinance Your Home
Currently Off Market - Sold Sep 19, 2023 for $285,000

Home Value

Trulia Estimate
$313K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$5K (+1.6%)
Since last sale
Increased$29K (+10.1%)
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 +70% in the last 10 years
MonthEstimated value
2026
August 2026$314K
August 2026$313K
July 2026$312K
June 2026$315K
May 2026$315K
April 2026$315K
March 2026$314K
February 2026$305K
January 2026$300K
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
88 Penny Ln, Ithaca, NY
0.01
Single-Family Home
$295,000
03/17/26
1
1
1,050
22 Penny Ln, Ithaca, NY
0.18
Single-Family Home
$222,000
07/22/26
2
1
960
110 Penny Ln, Ithaca, NY
0.17
Single-Family Home
$338,000
10/08/25
2
2
1,536
313 Sunnyview Ln, Ithaca, NY
0.25
Single-Family Home
$383,500
06/05/26
2
2
1,284
151 Westview Ln, Ithaca, NY
0.21
Single-Family Home
$390,000
07/17/26
3
2
1,447
111 Terrace View Dr, Ithaca, NY
0.22
Single-Family Home
$395,000
09/18/25
3
2.5
1,940
110 Terrace View Dr, Ithaca, NY
0.25
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
145 Pine Tree Rd, Ithaca, NY
0.38
Single-Family Home
$455,000
09/30/25
3
2
1,637

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
87 Penny Ln, Ithaca, NY 14850
0.00
$285,700
2
1
1,050
Off Market
88 Penny Ln, Ithaca, NY 14850
0.01
$295,000
1
1
1,050
Recently Sold
97 Penny Ln, Ithaca, NY 14850
0.06
$319,200
2
1.5
1,232
Off Market
102 Penny Ln, Ithaca, NY 14850
0.10
$379,500
2
2
1,536
Off Market
103 Penny Ln, Ithaca, NY 14850
0.11
$407,000
3
2.5
2,204
For Sale
50 Penny Ln, Ithaca, NY 14850
0.09
$315,900
3
1.5
1,346
Off Market
73 Lois Ln, Ithaca, NY 14850
0.08
$279,900
1
1
1,056
For Sale
Lois Ln, Ithaca, NY 14850
0.08
$314,100
2
1.5
1,230
Off Market
72 Lois Ln, Ithaca, NY 14850
0.09
$260,000
2
1
1,056
Recently Sold
44 Penny Ln, Ithaca, NY 14850
0.12
$309,000
3
1
1,152
For Sale
57 Lois Ln, Ithaca, NY 14850
0.12
$205,000
1
1
960
Recently Sold

Local Information

  • Map ViewExplore the area around 86 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
1,230 sqft
$255/sqft
Garage

About this House

This private end-unit has two bedrooms, one and a half baths, gleaming bamboo floors, and is very well maintained with space and light. Carefree living awaits, $285 monthly HOA covers exterior structure/roof maintenance, snow removal, lawn care, insurance, trash pickup, water, sewer, event space and community gardens. TCAT Bus is a very short distance, and the carport is $40/year. This town home is in the Commonland Community, just minutes to Cornell & IC.
86 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 2 bathroom, 1,230 sqft single-family home in East Ithaca, built in 1986. It last sold for $285,000 on Sep 19, 2023 (15% above the $248,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $313,400, with a rent estimate of $2,094/month.
Last check for updates: about 3 hours ago
Listed by Zoe Leonard, (917) 887-5458
Howard Hanna S Tier Inc
Bought with: Hilda Moleski, (607) 220-3369, Carol Bushberg Real Estate
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#IB409056

Home Details for 86 Penny Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 17Types of Rooms: Bedroom 1, Bedroom 2, Workshop
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1230 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water ConnectedAppliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Range Hood, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Electric,BaseboardHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Tile, Varies, Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckExterior: DeckFoundation: Pillar/Post/Pier
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Frame, Wood Siding
Property Information
Parcel Number: 58.1186

Price & Status

Price
List Price: $248,000
Status Change & Dates
Off Market Date: Tue Sep 19 2023Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Ithaca Town
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca

Building

Building Area
Building Area: 1230 Square Feet

HOA

HOA Fee Includes: Common Area Insurance, Sewer, Snow Removal, Trash, WaterAssociation for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 1742.4 sqft

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: IB409056Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-581186-R-N

Price and Tax history

DateEventPrice
Sep 19, 2023
Source: NYSAMLSs #IB409056
Sold
$285,000
Sep 13, 2023
Source: ITMLS #409056
Pending
$248,000
Jul 19, 2023
Source: ITMLS #409056
Contingent
$248,000
Jul 11, 2023
Source: ITMLS #409056
Listed For Sale
$248,000
Jul 30, 2021
Source: NYSAMLSs #IB404538
Sold
$221,000

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

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program 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 2026-09-03 12:50:50 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.

Frequently asked questions about 86 Penny Ln

  • What is 86 Penny Ln estimated to be worth?
    Trulia's estimated value for 86 Penny Ln in Ithaca, NY is $313,400.
  • What is the price history for 86 Penny Ln?
    86 Penny Ln in Ithaca, NY last sold for $285,000 in September 2023.
  • 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 86 Penny Ln have laundry facilities?
    Yes, 86 Penny Ln in Ithaca, NY has in-unit laundry.
  • How big is the lot at 86 Penny Ln?
    The lot at 86 Penny Ln in Ithaca, NY is about 0.04 acres (1,742 sq ft).

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