112 Penny Ln
Ithaca, NY 14850
3 bd 3 ba 2,204 sqft Built 1988 Lot 9,583 sqft single_family
Most recent sale
$452,000
Apr 11, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Sold | $452,000 | CortlandCounty |
| Feb 16, 2024 | Listed | $429,000 | CortlandCounty |
| May 30, 2014 | Sold | $268,000 | IthacaNY |
| Feb 18, 2014 | Listed | $274,000 | IthacaNY |
| Apr 29, 2010 | Sold | $200,000 | IthacaNY |
| Feb 9, 2010 | Relisted | $219,500 | IthacaNY |
| Nov 11, 2009 | Listing removed | $219,500 | IthacaNY |
| Aug 27, 2009 | Listed | $219,500 | IthacaNY |
| Aug 20, 1998 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $412,000 | $33,000 | $445,000 | $11,359 |
| 2024 | $352,000 | $33,000 | $385,000 | $9,206 |
| 2023 | $322,000 | $33,000 | $355,000 | $9,553 |
| 2022 | $247,000 | $33,000 | $280,000 | $9,167 |
| 2021 | $247,000 | $33,000 | $280,000 | $7,905 |
| 2020 | $247,000 | $33,000 | $280,000 | $7,931 |
| 2017 | $232,000 | $33,000 | $265,000 | $7,805 |
| 2016 | $243,000 | $22,000 | $265,000 | $7,864 |
| 2015 | $243,000 | $22,000 | $265,000 | $8,053 |
| 2014 | $178,000 | $22,000 | $200,000 | $6,309 |
| 2013 | $178,000 | $22,000 | $200,000 | $6,226 |
| 2012 | $178,000 | $22,000 | $200,000 | $6,232 |
| 2011 | $193,000 | $22,000 | $215,000 | $6,246 |
| 2010 | $193,000 | $22,000 | $215,000 | $6,272 |
| 2009 | $214,100 | $15,900 | $230,000 | $6,286 |
Property facts
Year built
1988
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,204 sqft
Lot size
9,583 sqft
ZIP code
14850
City
Ithaca
Street
Penny Ln
Coordinates
42.42585, -76.47034
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,712
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 112 Penny Ln last sell?
112 Penny Ln most recently sold on Apr 11, 2024 for $452,000.
What is the current tax assessment for 112 Penny Ln?
The most recent total assessment for 112 Penny Ln (year 2025) is $445,000 with $11,359 in property tax.
How does 112 Penny Ln's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $452,000.
When was 112 Penny Ln built?
112 Penny Ln was built in 1988.
How does 112 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 112 Penny Ln?
112 Penny Ln is a 3 bed, 3 bath, 2,204 sqft, 9,583 sqft lot single_family.
Is 112 Penny Ln a flip candidate?
No — 112 Penny Ln does not appear in our flips dataset.
Is 112 Penny Ln a tax-appeal candidate?
No — 112 Penny Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.6%
2026 Q3
$412.9K
2026 Q4
$413.6K
ZIP 14850 — Median Price History + Forecast
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Geography
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