$1,000,000

2116 Penny Rd High Point, NC 27265

Nottingham Neighborhood

Estimated payment $5,729/month

Total Views 7,138
3 Beds
2 Baths
2,034 Sq Ft
$492 Price per Sq Ft

Highlights

  • 0.83 Acre Lot
  • No HOA
  • Attached Carport
  • Florence Elementary School Rated A-
  • 3 Car Attached Garage
  • Central Air

About This Home

Located at the highly visible corner of Samet Drive and Penny Road, this property presents an incredible opportunity for office or commercial use in a rapidly developing area. Currently featuring a residential structure, this lot offers endless potential for businesses looking to establish a presence in a high-traffic location. Buyers are responsible for verifying zoning and permitted use. The seller has not initiated the rezoning process to provide flexibility for the buyer to select the most suitable designation for their intended use. Don't miss this chance to invest in a property with excellent visibility and future growth potential!

Last Listed By

Spencer Harrell

Real Broker LLC License #315871 Listed on: 02/21/2025

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1977

Lot Details

  • 0.83 Acre Lot
  • Property is zoned RS-40

Parking

  • 3 Car Attached Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,034 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Southwest Middle School
  • Southwest High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0196679
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Subdivision Name: None
  • Directions: 421 South to 40 East, 68 South, left onto Penny Road
  • Above Grade Finished Sq Ft: 2034
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1977
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2034
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Garage, Attached Carport, Attached
  • Garage Description: Attached Carport, Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0196679
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 1204819.2771
  • TRIADMLS_PlatPage: 37
  • TRIADMLS_DeedPage: 0318
  • TRIADMLS_DeedBook: 8275
  • TRIADMLS_PlatBook: 34

Tax Info

  • Tax Annual Amount: 1704.08
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.85

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2023 $1,704 $199,400 $45,000 $154,400
2022 $1,704 $199,400 $45,000 $154,400
2021 $1,447 $169,300 $27,000 $142,300
2020 $1,396 $169,300 $27,000 $142,300
2019 $1,396 $169,300 $0 $0
2018 $1,389 $169,300 $0 $0
2017 $1,389 $169,300 $0 $0
2016 $1,438 $169,300 $0 $0
2015 $1,446 $169,300 $0 $0
2014 $1,463 $169,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $1,000,000 +400.0% $492 / Sq Ft
05/01/2020 05/01/20 Sold $200,000 -- $111 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Available
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,782 Credit Line Revolving
Open $198,500 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $77,000 Unknown
Previous Owner $80,000 Credit Line Revolving
Source: Public Records

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Source: Triad MLS

MLS Number: 1170983

Triad MLS

APN: 0196679

North Carolina Guilford County High Point 27265 Nottingham

2116 Penny Rd, High Point, NC

This home is located at 2116 Penny Rd, High Point, NC 27265 and is currently priced at $1,000,000, approximately $491 per square foot. This property was built in 1977. 2116 Penny Rd is a home located in Guilford County with nearby schools including Florence Elementary School, Southwest Guilford Middle School, and Southwest Guilford High School.

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Listing Agent
Spencer Harrell
Section Image
Real Broker LLC
(336) 810-8240