Address
42 Penny Lane, Ithaca Town, NY
Price
$ 225,000
Property Attributes
  • MLS#R1687334
  • TypeSingle Family
  • Listing Status Active
  • CountyTOMPKINS
  • CityIthaca Town
  • AreaIthaca-Town
  • NeighborhoodCommonland
  • Zip14850
  • StyleSeeRemarks
  • Year Built1983
  • Taxes$ 4555
  • Price$ 225,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage864
  • Lot Size0.02 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

This 2 bedroom bi-level condo is PERFECT EASY LIVING! Attractive and efficient! The main level features a living/dining combo with flooring and a large bay window. The convenient kitchen is across from the dining area. It has a breakfast bar with granite counters plus newer appliances, as well as a walk-in pantry/laundry. Upstairs are 2 bedrooms with hardwood floors and a full bath. There's abundant parking plus a reserved carport with a storage closet. HOA fees $370/mo. cover water, sewer, garbage, roof, snow removal, exterior maintenance and landscaping plus community laundry facilities. In 2027, the HOA has planned siding repair and exterior painting for units #27 to #44. #42 is included. It will look fresh and new! Bus stop nearby. Access to miles of private fascinating hiking trails. Bird lovers paradise! A fabulous place to call home! Minutes to Cornell & Ithaca College, supermarket, drug store, banks & restaurants.

Elementary School Middle School High School
Belle Sherman Elementary School Dewitt Middle Ithaca Senior High
Price History
6/3/2026 Listed $225,000

General Features

Sewer Connected
Heating Electric
Utilities ElectricityConnected,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession CloseOfEscrow
Appliances Dishwasher,ElectricCooktop,ElectricOven,ElectricRange,ElectricWaterHeater,Disposal,Refrigerator,Washer
HOA Fee 370.0
Garage Spaces 1.0
Patio/Porch Features Patio
Architectural Style Other,SeeRemarks
Construction Materials WoodSiding
School District Ithaca
Year Built 1983
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype SingleFamilyResidence
Assoc Fee Paid Per Monthly
County Tompkins
Property Type Residential
Subdivision Name Commonland
Garage Y/N Yes
Total Rooms 5
Full Baths 1
Status Active
Directions Take Route 79E. Commonland is right turn between Honness Lane and Pine Tree Road. Turn left on Penny Lane. #42 is in first cluster.
High School Ithaca Senior High
City Ithaca Town
Senior Community Y/N No
High School District Ithaca
MLS Area Ithaca-Town-503089
Lot Size Units Acres
Lot Size Square Feet 871.0
Carport Y/N Yes
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 4555.0
Middle/Junior High School Dewitt Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 185000
TaxOtherAnnualAssessmentAmount 0.0

Interior Features

Interior Amenities BreakfastBar,EntranceFoyer,ProgrammableThermostat
Basement None
Flooring Hardwood,Varies
Total Stories 2
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Laundry Features MainLevel
Total Bedrooms 2
Total Baths 1

Exterior Features

Exterior Amenities BlacktopDriveway,Patio
Parking Features Carport,Other
Lot Features CulDeSac,IrregularLot,NearPublicTransit,ResidentialLot,Wooded
Water Source Connected,Public
Lot Size Area 0.02
Foundation Details Block
Building Area Total 864.0
Lot Dimensions 18X53
Lot Size Acres 0.02
Waterfront Y/N No
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 14850

Price
AVG $530K
$230K
Taxes
AVG $11,248
$4,555
Year Built
AVG 1954
1983
Visits
AVG 12
3
Data Provided by Inside Real Estate®
Listed By
Siu-ling Chaloemtiarana with Warren Real Estate of Ithaca Inc.;

Areas We Cover

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