2116 Penny Rd High Point, NC 27265
Nottingham NeighborhoodEstimated payment $5,470/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,704 | $199,400 | $45,000 | $154,400 |
| 2024 | $1,704 | $199,400 | $45,000 | $154,400 |
| 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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Available | |
| Deed | $72,000 | -- |
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: Triad MLS
MLS Number: 1170983
APN: 0196679
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