87 Penny Ln, Ithaca, NY 14850
OFF MARKET

$286,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,050 sqft

87 Penny Ln, Ithaca, NY 14850

East Ithaca
Est. Refi. Payment $2,006/mo*
Refinance Your Home
Currently Off Market - Sold Apr 25, 2025 for $283,000

Home Value

Trulia Estimate
$286K
Since last month
Increased$2K (+0.8%)
Since last year
Decreased$4K (-1.4%)
Since last sale
Increased$3K (+1.1%)
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 +96% in the last 10 years
MonthEstimated value
2026
August 2026$286K
July 2026$284K
June 2026$291K
May 2026$283K
April 2026$279K
March 2026$286K
February 2026$295K
January 2026$296K
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
231 Wildflower Dr #4, Ithaca, NY
0.52
Condo
$239,000
06/12/26
2
1
1,104
201 Wildflower Dr #3, Ithaca, NY
0.47
Condo
$230,000
04/08/26
2
1
1,080
231 Strawberry Hill Cir #4, Ithaca, NY
0.48
Condo
$356,588
04/07/26
3
2
1,325
211 Strawberry Hill Cir #2, Ithaca, NY
0.44
Condo
$360,000
07/16/26
3
2
1,577
321 Strawberry Hill Cir #3, Ithaca, NY
0.57
Condo
$457,500
10/27/25
3
2
1,560
43 Whitetail Dr, Ithaca, NY
1.44
Condo
$346,725
01/06/26
2
1.5
1,397
215 W Spencer St #D2, Ithaca, NY
1.75
Condo
$380,000
06/17/26
2
2
983
45 Whitetail Dr, Ithaca, NY
1.43
Condo
$330,000
03/20/26
3
2.5
2,011
391 Teton Ct, Ithaca, NY
1.37
Condo
$428,000
08/11/26
3
1.5
1,838

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
88 Penny Ln, Ithaca, NY 14850
0.00
$295,000
1
1
1,050
Recently Sold
86 Penny Ln, Ithaca, NY 14850
0.00
$313,400
2
1.5
1,230
Off Market
97 Penny Ln, Ithaca, NY 14850
0.06
$317,500
2
1.5
1,232
Off Market
102 Penny Ln, Ithaca, NY 14850
0.10
$379,500
2
2
1,536
Off Market
50 Penny Ln, Ithaca, NY 14850
0.10
$312,900
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
$314,400
2
1.5
1,230
Off Market
72 Lois Ln, Ithaca, NY 14850
0.08
$260,000
2
1
1,056
Recently Sold
44 Penny Ln, Ithaca, NY 14850
0.13
$309,000
3
1
1,152
For Sale
68 Lois Ln, Ithaca, NY 14850
0.12
$227,000
2
1
960
Off Market
107 Penny Ln, Ithaca, NY 14850
0.14
$543,200
3
2.5
2,312
Off Market

Local Information

  • Map ViewExplore the area around 87 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1986
Living Area
1,050 sqft
Price/Sqft
$272
Parking
Garage
HOA
$335/Monthly

About this House

This contemporary townhouse offers a perfect blend of modern design and natural beauty. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, making it ideal for everyday living. The updated kitchen features a spacious island, providing ample room for meal prep, casual dining, and social gatherings. Large windows fill the space with natural light, enhancing the home's airy feel. Step outside to the back porch, where you can relax and enjoy picturesque views of the Six Mile Creek Nature Preserve. A wondeful community with walking trails and close to downtown, Cornell and IC.
87 Penny Ln, Ithaca, NY 14850 is a 2 bedroom, 1 bathroom, 1,050 sqft condo in East Ithaca, built in 1986. It last sold for $283,000 on Apr 25, 2025 (3% above the $275,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $286,000, with a rent estimate of $2,076/month.
Last check for updates: about 11 hours ago
Listed by Zoe Leonard, (917) 887-5458
Howard Hanna S Tier Inc
Bought with: Karen Eldredge, (607) 279-4319, Howard Hanna S Tier Inc
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1589021

Home Details for 87 Penny Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 2Types of Rooms: Bedroom 1, Bedroom 2, Dining Room, Kitchen
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1050 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, WasherDishwasherDisposalLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Electric,BaseboardHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Varies, Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckExterior: Deck
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Assigned,Detached,Garage,One Space
Frontage
Not on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse, Condominium
Building
Construction Materials: Frame
Property Information
Condition: ResaleParcel Number: 50308905800100010870000000

Price & Status

Price
List Price: $275,000
Status Change & Dates
Off Market Date: Sun Feb 23 2025Possession Timing: Closing

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: 1050 Square Feet

Community

Not Senior Community

HOA

HOA Fee Includes: Common Area Insurance, Snow Removal, TrashHOA Name: Commond land CommunityHOA Phone: 607-229-4989Association for this Listing: Ithaca Board of RealtorsHOA Fee: $335/Monthly

Lot Information

Lot Area: 1306.8 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, FHA

Miscellaneous

Mls Number: R1589021Living Area Range Units: Square FeetAttribution Contact: 917-887-5458Universal Property Id: US-36109-N-50308905800100010870000000-R-N

Price and Tax history

DateEventPrice
Apr 25, 2025
Source: NYSAMLSs #R1589021
Sold
$283,000
Feb 24, 2025
Source: NYSAMLSs #R1589021
Pending
$275,000
Feb 18, 2025
Source: NYSAMLSs #R1589021
Listed For Sale
$275,000
Aug 1, 2022
Source: NYSAMLSs #IB406151
Sold
$239,500
May 17, 2022
Source: ITMLS #406151
Pending
$225,000

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 2026-08-26 11:08:58 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 87 Penny Ln

  • What is 87 Penny Ln estimated to be worth?
    Trulia's estimated value for 87 Penny Ln in Ithaca, NY is $286,000.
  • What is the price history for 87 Penny Ln?
    87 Penny Ln in Ithaca, NY last sold for $283,000 in April 2025.
  • 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 87 Penny Ln have laundry facilities?
    Yes, 87 Penny Ln in Ithaca, NY has laundry facilities.

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