42 Penny Lane Ithaca Town, NY $ 225,000
42 Penny Lane
$ 225,000
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42 Penny Lane

Ithaca Town, NY, 14850
$ 225,000
Bedrooms2 Baths1.0 Sq 864

Monthly Estimate*

$ 1,554

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Single Family Home for sale in Ithaca Town, NY for $225,000 with 2 bedrooms and 1 full bath. This 864 square foot home was built in 1983 on a lot size of 0.02.

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.

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Single Family Active

Price

$ 225,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,555

Style

SeeRemarks

Lot Size

0.02

Year Built

1983

Town/City

Ithaca Town

County/Region

TOMPKINS

MLS | Web ID

R1687334

Features
Interior
Interior Amenities BreakfastBar EntranceFoyer ProgrammableThermostat
Basement None
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Laundry Features MainLevel
Total Bedrooms 2
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 1
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General
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
Number Of Units Total 0
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
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Exterior
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
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Internal Only
Street Number 1 42
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* Excluded Features
List By
Warren Real Estate Of Ithaca Inc.

Broker

(607) 279-2550

Phone

Affordability Calculator

$1,934
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133762 Elementary School
5133729 Middle School
Ithaca Senior High High School
Pricing History
DatePricePrice ChangeDescription
6/3/2026$225,000 Listed Price

Map


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42 Penny Lane, Ithaca Town, NY, 14850 is a Single Family Home for sale at $225,000 with 864 sqft and a lot size of 0.02. 42 Penny Lane has 2 bedrooms, 1.0 baths, and was built in 1983. The property's zip code is 14850 which is in Ithaca Town, NY