NOT LISTED FOR SALE

207 Penny Ln Lexington, NC 27295

Estimated Value: $139,000 - $152,000

3 Beds
1 Bath
1,000 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $61,000 $61 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $783/month

103 Days on Market

Highlights

  • Attic
  • Cottage
  • Level Lot
  • No HOA
  • Attached Carport
  • Wood Siding

About This Home

As of September 2016

This Cottage is perfect for a starter home or downsizing. 3 bedroom 1 bath with open floor plan for family gatherings. Kitchen dinning combo with easy access to back yard for grilling. Laundry room right off kitchen with laminate tile floors. New metal roof in 2014 and storage building. Fence on right side of property belongs to neighbor. Great price in the Tyro area.

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 04/21/2016

Last Buyer's Agent

Sandy Walker

Leonard Craver Realty Inc License #185809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1980

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 150 x 117 x 100 x 95.17
  • Level Lot
  • Property is zoned RA2

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 877 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Laminate Flooring
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Tyro Middle School
  • West Davidson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1802800000056
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 150 x 117 x 100 x 95.17
  • Subdivision Name: None
  • Directions: I-85 South to Hargrave Lane, take State Rd. 1222 to Old Salisbury Rd/Old 65 Hwy 29-70 S, Follow Tyro Rd. to Penny Lane, take left on Penny lane home on left.
  • Above Grade Finished Sq Ft: 877
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 877
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Tyro
  • High School: West Davidson
  • Middle Or Junior School: Tyro

Lot Info

  • Parcel #: 1802800000056
  • Zoning: RA2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 386.94
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Hunter Amos Joseph
Bought by
Nellis Ronald B and Nellis Travis James
Current Estimated Value
$146,196

Purchase Details

Listed on
Apr 21, 2016
Closed on
Sep 29, 2016
Sold by
Mclemore Michael Carl and Mclemore Nicole Craver
Bought by
Amos Joseph Hunter
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Sandy Walker
Leonard Craver Realty Inc
List Price
$64,900
Sold Price
$61,000
Premium/Discount to List
-$3,900
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$62,724
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2013
Closed on
Nov 25, 2013
Sold by
Citimortgage Inc
Bought by
Mclemore Michael Carl and Mclemore Craver
Seller's Agent
Sharon Collins
RE/MAX Realty Consultants
List Price
$34,999
Sold Price
$23,000
Premium/Discount to List
-$11,999
-34.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.81%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Stevenson Gary and Stevenson Susan M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 30, 2010
Sold by
G&M Builders
Bought by
Stevenson Gary Wayne and Stevenson Susan Irene
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nellis Ronald B $75,000 None Listed On Document
Nellis Ronald B $75,000 None Listed On Document
Amos Joseph Hunter $61,000 None Available
Mclemore Michael Carl $23,000 None Available
Citimortgage Inc $31,000 None Available
Stevenson Gary Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amos Joseph Hunter $62,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2016 09/29/16 Sold $61,000 -6.0% $87 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $64,900 +182.2% $93 / Sq Ft
11/25/2013 11/25/13 Sold $23,000 -34.3% $26 / Sq Ft View Prior Sale
11/13/2013 11/13/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $34,999 -- $39 / 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 $210 $68,780 $0 $0
2024 $210 $68,640 $0 $0
2023 $419 $68,640 $0 $0
2022 $419 $68,640 $0 $0
2021 $419 $68,640 $0 $0
2020 $375 $61,330 $0 $0
2019 $380 $61,330 $0 $0
2018 $380 $61,330 $0 $0
2017 $380 $61,330 $0 $0
2016 $387 $62,410 $0 $0
2015 $387 $62,410 $0 $0
2014 $348 $56,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 792391

Triad MLS

APN: 18-028-0-000-0056-0-0-0