42 Penny Ln, Ithaca, NY, 14850
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1983
Materials
- Foundation: Block
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other,See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Disposal,Refrigerator,Washer
- Laundry features: Main Level
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Breakfast Bar,Entrance Foyer,Programmable Thermostat
- Flooring: Hardwood,Varies
Heating
- Heating features: Electric
Interior Area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Details
- Parcel number: 50308905800100010420000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Blacktop Driveway,Patio
Lot
- Lot size: 871.20 sqft
- Features: Cul-De-Sac,Irregular Lot,Near Public Transit,Residential Lot,Wooded
- Lot size dimensions: 18 x 53
Parking
- Total spaces: 1
- Parking features: Carport,Other
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Tompkins County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $67 | $804 |
| Property Taxes | $395 | $4,740 |
| Electricity | $246 | $2,954 |
| Total | $1,845 | $22,140 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $225,000 |
| 2024-08-26 | Sold | $210,000 |
| 2024-07-15 | Contingent | $210,000 |
| 2024-07-12 | Listed for sale | $210,000 |
| 2019-05-02 | Sold | $163,000 |
| 2019-02-27 | Pending sale | $155,000 |
| 2019-02-19 | Listed for sale | $155,000 |
| 2017-01-10 | Sold | $134,000 |
| 2016-12-06 | Pending sale | $139,000 |
| 2016-09-22 | Price change | $139,000 |
| 2016-08-31 | Listed for sale | $145,000 |
| 2006-08-22 | Sold | $95,000 |
| 2000-05-26 | Sold | $43,000 |
For Sale by Agent
View on Zillow