NOT LISTED FOR SALE

1001 Pennington Way Apex, NC 27502

Estimated Value: $576,000 - $624,702

4 Beds
2.5 Baths
2,125 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $533,000 $251 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,591/month

26 Days on Market

Highlights

  • 0.33 Acre Lot
  • Deck
  • Cathedral Ceiling
  • Olive Chapel Elementary School Rated A
  • Transitional Architecture
  • 3-minute walk to Pearson Farms Community Park

About This Home

As of March 2023

BEAUTIFUL HOME ON A DOUBLE CUL-DE-SAC LOT! FORMER PARADE HOME THAT HAS BEEN WELL TAKEN CARE OF. NICE LARGE FENCED IN YARD WITH SCREENE IN BACK PORCH. OPEN KITCHEN TO FAMILY ROOM WITH GAS LOGS. FORMAL DINNING ROOM AND LIVING ROOM FOR ENTERTAINING. LARGE MASTER WITH VAULETED CEILINGS, WIC, GARDEN TUB AND SEPERATE SHOWER. ATTIC AND GARAGE HAVE PENTY OF STORAGE SPACE. NEW WINDOWS IN 2021. PLEASE REACH OUT TO AGENT FOR MORE DETAILS.

Last Agent to Sell the Property

Rhonda Kosor

Mark Spain Real Estate License #221089 Listed on: 12/06/2022

Mark Spain Real Estate

Last Buyer's Agent

Rachel Ting

Compass -- Raleigh License #332644

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,674

Year Built

  • Built in 1996

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,125 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Parking

  • Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Olive Chapel Elementary School
  • Apex Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Pearson Farms Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,674

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Pearson Farms
  • Above Grade Finished Sq Ft: 2125.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels One and One Half: Yes
  • General Property Information Above Grade Finished Area: 2125.0
  • General Property Information Carport YN: No
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Acres: 0.33
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Pantry, Separate Shower, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Gas Range, Gas Water Heater, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.33
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 37.5
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: No
  • General Property Information:Association Fee: 37.5
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Apex

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3674.0
  • Tax Year: 2022
  • Tax Map Number: 0732.15-53-3159.000

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 16, 2023
Sold by
Mccarthy Maureen A
Bought by
Eng Elizabeth and Guilder Brian
Seller's Agent
Rhonda Kosor
Mark Spain Real Estate
Buyer's Agent
Rachel Ting
Compass -- Raleigh
List Price
$539,000
Sold Price
$533,000
Premium/Discount to List
-$6,000
-1.11%
Views
81
Current Estimated Value
$595,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,426
Avg. Annual Appreciation
4.55%
Original Mortgage
$383,000
Outstanding Balance
$371,386
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$224,040

Purchase Details

Closed on
Jul 15, 1999
Sold by
Mckee David T
Bought by
Mccarthy Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
7%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eng Elizabeth $533,000 --
Mccarthy Maureen A $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Elizabeth $383,000
Previous Owner Mccarthy Maureen A $171,500
Previous Owner Mccarthy Maureen A $35,100
Previous Owner Mckee David $166,000
Previous Owner Mckee David $166,000
Previous Owner Mccarthy Maureen A $167,200
Previous Owner Mckee David $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $533,000 -- --
03/28/2023 03/28/23 Sold $533,000 -1.1% $251 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $539,000 -- $254 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,907 $559,692 $180,000 $379,692
2024 $4,797 $559,692 $180,000 $379,692
2023 $3,914 $354,930 $88,000 $266,930
2022 $3,674 $354,930 $88,000 $266,930
2021 $3,534 $354,930 $88,000 $266,930
2020 $3,498 $354,930 $88,000 $266,930
2019 $3,324 $290,922 $88,000 $202,922
2018 $3,131 $290,922 $88,000 $202,922
2017 $2,915 $290,922 $88,000 $202,922
2016 $2,872 $290,922 $88,000 $202,922
2015 $2,780 $274,803 $72,000 $202,803
2014 $2,680 $274,803 $72,000 $202,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2486336

Doorify MLS

APN: 0732.15-53-3159-000