$130,000
SOLD JUN 23, 2025

32269 Pennington Rd Albemarle, NC 28001

3 Beds
1 Bath
1,026 Sq Ft
2 Acres

Recently Sold

$127 Per Sq Ft

30% Below List Price

77 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Space Heater
  • Front Porch
  • Four Sided Brick Exterior Elevation

About This Home

As of June 2025

Fixer upper or a great investment property! Located in North Stanly school district per GIS (agents to verify). Brick ranch 3 bedrooms and 1 bathroom with a full unfinished basement. Country living with 2 acres of land. Some work has been done to bathroom but not fully complete and will be sold as is. The septic was pumped in 2024 and the hot water heater was replaced in 2017. Perfect for investors or buyers looking for a project. With some work, this property can shine. Reach out today to learn more or schedule a showing!

Last Agent to Sell the Property

Shandy Safrit

Lantern Realty & Development, LLC Brokerage Email: shandy.safrit@gmail.com License #302044 Listed on: 02/13/2025

Lantern Realty & Development, LLC

Last Buyer's Agent

Shandy Safrit

Lantern Realty & Development, LLC Brokerage Email: shandy.safrit@gmail.com License #302044 Listed on: 02/13/2025

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1968

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,026 Sq Ft Home
  • Laminate Flooring
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Schools

  • Millingport Elementary School
  • North Stanly Middle School
  • North Stanly High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Septic Tank

Additional Features

  • Front Porch
  • Property is zoned R-20

Listing and Financial Details

  • Assessor Parcel Number 6539-03-34-0480

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1968
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 126.71
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: shandy.safrit@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1026
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1026
  • Has Basement: Dirt Floor, Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1026
  • Bedroom Main: 3
  • Room Count: 8
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full, Brick Partial
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Space Heater
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Inside
  • Cooling: Window Unit(s)
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Stanly
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2
  • Lot Size Units: Acres
  • Parcel Number: 6539-03-34-0480
  • Additional Parcels Description: 653903249458
  • Zoning Specification: R-20

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Millingport
  • High School: North Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Jun 17, 2025
Sold by
Newman Rebecca M
Bought by
Vang Ka Mua and Vang Cher
Seller's Agent
Shandy Safrit
Lantern Realty & Development, LLC
Buyer's Agent
Shandy Safrit
Lantern Realty & Development, LLC
List Price
$185,000
Sold Price
$130,000
Premium/Discount to List
-$55,000
-29.73%
Views
182
Current Estimated Value
$140,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,055
Avg. Annual Appreciation
26.21%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Holshouser Jeffrey Paul and Holshouser Robin Motley
Bought by
Newman Rebecca Marie
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2025 06/23/25 Sold $130,000 -18.2% $127 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $159,000 -3.6% $155 / Sq Ft
03/17/2025 03/17/25 Price Changed $165,000 -7.8% $161 / Sq Ft
03/04/2025 03/04/25 Price Changed $179,000 -3.2% $174 / Sq Ft
02/13/2025 02/13/25 For Sale $185,000 -- $180 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $540 $91,980 $37,500 $54,480
2024 $423 $61,521 $18,000 $43,521
2023 $423 $61,521 $18,000 $43,521
2022 $520 $61,521 $18,000 $43,521
2021 $518 $61,521 $18,000 $43,521
2020 $494 $54,748 $16,000 $38,748
2019 $494 $54,748 $16,000 $38,748
2018 $409 $54,748 $16,000 $38,748
2017 $409 $54,748 $16,000 $38,748
2016 $383 $51,251 $14,000 $37,251
2015 $458 $51,251 $14,000 $37,251
2014 $547 $51,251 $14,000 $37,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4220714

Canopy MLS (Canopy Realtor® Association)

APN: 6539-03-34-0480