31 Penny Ln Ithaca Town, NY ^$ 249,900

31 Penny Ln

^$ 249,900

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31 Penny Ln

Ithaca Town, NY, 14850

^$ 249,900

Bedrooms2 Baths1.0 Sq 1,152

Monthly Estimate*

^$ 1,726

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Condo for sale in Ithaca Town, NY for $249,900 with 2 bedrooms and 1 full bath. This 1,152 square foot condo was built in 1982 on a lot size of 0.03.

Desirable, private, large end unit in Commonland Community. Enjoy beautiful views from the huge picture window in the living/dining room with cherry hardwood floor. Kitchen opens to living area and has full size front load w/d. Large primary bedroom has a big walk-in closet, updated bath and shower. additional bedroom can also be used as an office. Enjoy outdoor dining at your own large private patio with flower (rose) and vegetable (tomato) garden. Also designated parking space for this condo. This condo has been very well maintained. Close to Cornell, trails & the Six Mile Creek Nature Preserve, enjoy the beauty of Ithaca, w/o the maintenance. It’s also on the bus line and is a short drive or bike ride to Cornell. $370 HOA fee: water, sewer, snow removal, exterior maintenance, trash/recycling.

Condo Active

Price

^$ 249,900

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 5,618

Style

Condominium

Lot Size

0.03

Year Built

1982

Town/City

Ithaca Town

County/Region

TOMPKINS

MLS | Web ID

R1708450

Features

Interior

Interior Amenities BreakfastArea LivingDiningRoom

Basement None

Flooring Carpet Hardwood Varies Vinyl

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

General

Sewer Connected

Heating Electric Baseboard

Utilities SewerConnected WaterConnected

Possession Closing

Appliances Dryer Dishwasher ExhaustFan ElectricOven ElectricRange ElectricWaterHeater Refrigerator RangeHood Washer

HOA Fee 370.0

Garage Spaces 0.0

Association Fee Includes MaintenanceStructure Sewer SnowRemoval Trash Water

Construction Materials WoodSiding

School District Ithaca

Pets Allowed CatsOk DogsOk

Year Built 1982

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype Condominium

Assoc Fee Paid Per Monthly

County Tompkins

Property Type Residential

Subdivision Name Commonland Community

Garage Y/N No

Total Rooms 5

Full Baths 1

Status Active

City Ithaca Town

Association Name Commonland HOA

Senior Community Y/N No

High School District Ithaca

Number Of Units Total 0

MLS Area Ithaca-Town-503089

Lot Size Units Acres

Elementary School Belle Sherman

Year Built Details Existing

Tax Annual Amount 5618.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Ithaca

Elementary School District Ithaca

Tax Assessed Value 215000

TaxOtherAnnualAssessmentAmount 0.0

Property Sub Type Additional Condominium Townhouse

Exterior

Parking Features Assigned NoGarage OneSpace

Lot Features Rectangular RectangularLot Wooded

Water Source Connected Public

Lot Size Area 0.03

Building Area Total 1152.0

Lot Size Acres 0.03

Waterfront Y/N No

Internal Only

Street Number 1 31

* Excluded Features

List By

Ithaca Real Estate, Inc.

Broker

(607) 379-9168

Phone

Affordability Calculator

$2,194

Per Month

Monthly Principal & Interest: $1,726
Monthly Property Taxes: $468
Monthly Home Insurance: --

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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

Trends
Schools

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Trends Information provided by ATTOM Data Solutions.

5133762 Elementary School

3323858 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
10/19/2026	$249,900	-3.85%	Price Down
8/19/2026	$259,900		Listed Price

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31 Penny Ln, Ithaca Town, NY, 14850 is a Condo for sale at $249,900 with 1,152 sqft and a lot size of 0.03. 31 Penny Ln has 2 bedrooms, 1.0 baths, and was built in 1982. The property's zip code is 14850 which is in Ithaca Town, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.

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 Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2026 All rights reserved.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Data is updated as of 11/11/2026.

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