NOT LISTED FOR SALE

1612 Penny Rd High Point, NC 27265

Estimated Value: $318,000 - $344,000

3 Beds
2 Baths
1,800 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $325,000 $181 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,856/month

46 Days on Market

Highlights

  • On Golf Course
  • 0.82 Acre Lot
  • No HOA
  • Florence Elementary School Rated A-
  • Contemporary Architecture
  • Double Oven

About This Home

As of August 2024

YES BUYERS YOU CAN HAVE IT ALL & WITH NEW LOWER PRICE! Unique Property & Opportunity With NO HOA Conveniently Located Minutes From Everything Yet Situated On A Serene Tree Buffered & Deep .82 Acre Lot That Abuts The Jamestown Golf Course That Makes This Homes Backyard A Private & Rural Feeling Oasis. Huge Open Concept Living/Entertaining Spaces That Will Make Family Gatherings & Entertaining A Breeze, Vaulted Living Room Ceiling w/ Dual ceiling Fans, Fireplace & Built-In Shelving. Kitchen Features Maple Cabinetry, Granite Countertops, Eating Bar + Pantry. Owners Suite w/ Ensuite Bath W/Jetted Tub & Separate Shower. 3rd Bedroom Is Currently Opened/Combined With Primary To Make A Larger Room Used As Office. Tons of Storage in 16x32 Storage Building w. New Roof + Walk-In Crawl Space w/ Double Entry Doors.

Last Agent to Sell the Property

Karen Towery

Hackett Towery Realty License #277676 Listed on: 05/31/2024

Last Buyer's Agent

Shaun Canoy

Real Broker LLC License #325282

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1993

Lot Details

  • 0.82 Acre Lot
  • On Golf Course
  • Property is zoned RS-15

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Stucco
  • Stone

Interior Spaces

  • 1,696 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Double Oven
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 157591
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Subdivision Name: None
  • Directions: From G'boro, Head West on Wendover Toward High Point, Left onto Penny Rd, 1612 is 1.3mi on Left. From W Gate City Blvd. Rt onto Guilford College Rd. 1.4mi, Rt Guilford Rd. .5mi, Rt E Fork Rd 1.8mi, Left Penny Rd .5mi. 1612 Penny Rd will be on the Left.
  • Above Grade Finished Sq Ft: 1696
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_LandDescription: Golf Course Lot
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Double Oven, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1696
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Lot Features: On Golf Course
  • Pool Features: None
  • Construction Type: Block, Stone, Stucco, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Florence
  • High School: Southwest
  • Middle Or Junior School: Southwest

Lot Info

  • Parcel #: 157591
  • Zoning: RS-15
  • TRIADMLS_PlatPage: 56
  • TRIADMLS_PlatBook: 99
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1626
  • Tax Lot: 1
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.8546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 8, 2024
Sold by
Hicks Nancy and Waltman Nancy Ilene
Bought by
Wong Luis G Ruiz and Ortega Cindy S
Seller's Agent
Karen Towery
Hackett Towery Realty
Buyer's Agent
Shaun Canoy
Real Broker LLC
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%
Views
191
Current Estimated Value
$327,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,299
Avg. Annual Appreciation
0.52%
Original Mortgage
$308,750
Outstanding Balance
$305,250
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$22,049

Purchase Details

Closed on
May 12, 1993
Bought by
Waltman Nancy Nelson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Wong Luis G Ruiz $325,000 None Listed On Document
Waltman Nancy Nelson $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Luis G Ruiz $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2024 08/13/24 Sold $325,000 0.0% $217 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $325,000 -1.5% $217 / Sq Ft
05/31/2024 05/31/24 For Sale $329,900 -- $220 / Sq Ft
Source: Triad 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 $1,626 $190,300 $63,000 $127,300
2024 $1,626 $190,300 $63,000 $127,300
2023 $1,626 $190,300 $63,000 $127,300
2022 $1,626 $190,300 $63,000 $127,300
2021 $1,231 $144,000 $28,000 $116,000
2020 $1,187 $144,000 $28,000 $116,000
2019 $1,187 $144,000 $0 $0
2018 $1,181 $144,000 $0 $0
2017 $1,187 $144,000 $0 $0
2016 $1,123 $132,200 $0 $0
2015 $1,129 $132,200 $0 $0
2014 $1,142 $132,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1143822

Triad MLS

APN: 0157591