When was property at 112 Penny Lane built and last sold?

The property at 112 Penny Lane was built in 1988 and last sold on May 29, 2014 for $268,000.

How much is this home worth?

The estimated value of the home located at 112 Penny Lane is $433,290.

What are some comparable homes to 112 Penny Lane?

There are currently no comparable homes to 112 Penny Lane.

East Ithaca

14850

112 Penny Lane

1 / 50

Map

$452,000

● House - Off Market

112 Penny Lane

Ithaca-Town, NY 14850

3 Beds

3 Baths, 1 Half Bath

$2,890

Estimated Monthly

HOA / Fees

4.52%

Cap Rate

About This Property

OFFER DEADLINE Monday February 19 by 3 pm. Lovely free standing 3 bedroom, 2 1/2 bath townhome in the popular Commonland Community, Belle Sherman Elementary. A wall of windows in the living/dining area lead out to the deck and private backyard with lots of extras. Three story living provides privacy and separation for households looking for options. Backyard has access to the Six Mile Creek hiking trail, a great way to cool off in the warmer‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ months!

Unit Size

Days on Market

55 days

Land Size

0.22 acres

Price per sqft

Property Type

House

Property Taxes

$783

HOA Dues

Year Built

1988

Last updated: 17 days ago (NYSAMLS #S1521510)

Price History

Date / Event	Date	Event
Apr 11, 2024	Sold	$452,000
Sold
Feb 21, 2024	In contract	-
In contract
Feb 16, 2024	Listed by Yaman Real Estate	$429,000
Listed by Yaman Real Estate
May 29, 2014	Sold to Joseph Mariani	$268,000
Sold to Joseph Mariani

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1988

Effective Year Built: 1988
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: Good
Building Quality: C
Building Style: Contemporary
Exterior Walls Type: Wood
Floor Count: 2
Basement Type: Finished improved basement
Basement Area: 768
Garage Type: Detached
Garage Square Area: 240
Parking Space Count: 1
Porch Type: Covered porch

Dimensions

Lot Size Square Feet: 9,583

Total Building Area: 1,436
Building Area: 1,436
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: unknown
Heating: Electric
Heated Square Feet: 1,436
Heating Fuel Type: Electricity

Utilities

Sewer System: Municipal

Water Service: Municipal

Building

Property Class: Residential

Land Acres: 0.22
Standard Land Use Code: Single family residential

Ownership

Current Owner : MARIANI JOSEPH

Previous Owner : SCHLUNEGGER UELI
Owner Before Previous Owner: BAKER PATRICK D & AS TR
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Ithaca City School District

School Tax School District: ITHACA
Census Tract: 001302

Geography

District: 503089

Section: 58.01
Parcel: 503089 58.1-1-112
Block: 1
Lot: 112.000
Municipality: ITHACA (TOV)
Latitude: 42.4259
Longitude: -76.4703

Address

Full Address: 112 Penny Ln

Address - House Number: 112
Address - Street Name: Penny
Address - Suffix Type: Ln
State: NY
City Name: Ithaca
Carrier Code: C019
4-Digit Zip Code: 6273
Zip Code: 14850

Valuation

Tax

Tax Year: 2023

Tax Amount: $9,773
Tax Rate Code Area: 500700

Appraisal Valuation

Standard Deviation: 0.2208

Valuation Date: Mar 06, 2024
Confidence Score: 92
Final Value: 445,947
High Value: 486,726
Low Value: 405,167

Open Liens

Total Open Liens: 2

Total Open Liens Amount: $265,672
First Open Lien Mortgage Lender: TOMPKINS TRUST CO
First Open Lien Mortgage Recording Date: May 29, 2014
First Open Lien Mortgage Loan Amount: $214,400
First Open Lien Mortgage Term: 240
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
First Open Lien Mortgage Loan Due Date: Jan 01, 2034
Second Open Lien Mortgage Lender: TOMPKINS TRUST CO
Second Open Lien Mortgage Recording Date: Aug 11, 2020
Second Open Lien Mortgage Loan Amount: $51,272
Second Open Lien Mortgage Term: 240
Second Open Lien Mortgage Position: 2
Second Open Lien Mortgage Loan Type: Building or Construction Loan
Second Open Lien Mortgage Loan Due Date: Sep 01, 2040

Market Valuation

Market Total Value: $355,000

Market Land Value: $33,000
Market Improvement Value: $322,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $355,000
Assessed Land Value: $33,000
Assessed Improvements Value: $322,000

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 29, 2014

Current Sale Recording Date: May 29, 2014
Current Sale Transaction ID: 1196117725
Current Sale Price: $268,000
Current Sale Document Type: Deed
Previous Sale Recording Date: Apr 26, 2010
Previous Sale Contract Date: Apr 26, 2010
Previous Sale Amount: $200,000
Previous Sale Document Type: Deed

Last Sale Mortgage

First Mortgage Lender: TOMPKINS TRUST CO

First Mortgage Transaction Date: May 29, 2014
First Mortgage Loan Amount: $214,400
First Mortgage Terms: 240
First Mortgage Loan Type: Unknown (DEFAULT)
First Mortgage Loan Due Date: Jan 01, 2034

Redact Ownership Info

Comparables

326 Snyder Hill Road

Sold

House

4 Beds

3 Baths

$347,500 Aug 16, 2023

$347,500 Oct 31, 2023

$686/mo

326 East Falls Street

Sold

Multifamily

6 Beds

3 Baths

$345,000 Oct 12, 2023

$345,000 Dec 29, 2023

$862/mo

113 Juniper Drive

Active

House

4 Beds

2 Baths

2,076 ft²

$211/ft²

$439,000 Mar 29, 2024

$838/mo

102 Penny Lane

In Contract

House

2 Beds

2 Baths

1,536 ft²

$227/ft²

$349,000 Feb 14, 2024

$529/mo

231 Valley Road

Active

House

2 Beds

2 Baths

1,720 ft²

$218/ft²

$375,000 Feb 9, 2024

$356/mo

About East Ithaca

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

Average Home Size

2166 ft²

Average Home Age

51.1 years

Currently For Sale

8 Listings

Similar Homes for Sale

Unit for sale at 231 Valley Road, Ithaca, NY 14850

$375,000

2 Beds
2 Baths
1,720 ft²

231 Valley Road, Ithaca, NY 14850 Listing by David Wahl

Unit for sale at 113 Juniper Drive, Ithaca, NY 14850

$439,000

4 Beds
2 Baths
2,076 ft²

113 Juniper Drive, Ithaca, NY 14850 Listing by Joseph G Giordano

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Nearby Rentals

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1 Bath
527 ft²

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Unit for rent at Ithaca Solar Townhouses, Llc 1047-1053 Danby Rd., Ithaca, NY, 14850

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Last Updated: 17 days ago
Data Source: NYSAMLSs, MLS# S1521510

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

112 Penny Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About East Ithaca

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions