NOT LISTED FOR SALE

32516 Pennington Rd Albemarle, NC 28001

Estimated Value: $241,336 - $268,000

2 Beds
1 Bath
1,260 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $204,900 $163 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,391/month

199 Days on Market

Highlights

  • Wooded Lot
  • Separate Outdoor Workshop
  • Ceiling Fan
  • Cottage
  • Laundry Room
  • Asbestos

About This Home

As of November 2022

A true doll house located just outside the city limits of Albemarle will charm you. As you walk through the arched doorway into this well maintained over 1,200 Heated Sq. feet, 2 Bd,1 Ba home on almost a half acre with replacement windows, heat pump, NEW dryer, living room, den, dining room, open kitchen, original Hardwood floors under the existing mauve carpet. LOTS of storage space. Unique arch way from one of Albemarle's former industries. NO CITY TAXES! Shop building for the your favorite hobbies. A must see with a country feel.

Last Agent to Sell the Property

Mary Allen

Corcoran HM Properties License #188051 Listed on: 05/06/2022

Corcoran HM Properties

Last Buyer's Agent

Briana Guerra Perez

Keller Williams Lake Norman License #315776

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 119x153x119x154
  • Level Lot
  • Wooded Lot
  • Zoning described as R-10

Home Design

  • Cottage
  • Slab Foundation
  • Wood Siding
  • Asbestos

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 653903417992

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1948
  • Ratio Current Price By Acre: 487857.14
  • Restrictions: N/A
  • Doors and Windows: Insulated Windows,Storm Door(s)
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 162.62
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1260
  • 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: Ceiling Fan(s), Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1260
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Outbuilding(s), Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Construction Type: Asbestos, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 653903417992
  • Lot Size: 119x153x119x154
  • Zoning Description: R-10
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 3.08649

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Millingport
  • High School: North Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Nov 21, 2022
Sold by
Ancillary Carly Grinolds
Bought by
Delgado Arturo Garcia
Seller's Agent
Mary Allen
Corcoran HM Properties
Buyer's Agent
Briana Guerra Perez
Keller Williams Lake Norman
List Price
$219,900
Sold Price
$204,900
Premium/Discount to List
-$15,000
-6.82%
Views
21
Current Estimated Value
$252,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,684
Avg. Annual Appreciation
6.57%
Original Mortgage
$8,000
Outstanding Balance
$6,943
Interest Rate
5.9%
Estimated Equity
$245,641

Purchase Details

Listed on
May 10, 2019
Closed on
Jul 26, 2019
Sold by
Cisco Barbara P and Eudy Vicky P
Bought by
Oneal David
Seller's Agent
Mary Allen
Corcoran HM Properties
Buyer's Agent
Marc Montgerard
Taylor Morrison of Carolinas Inc
List Price
$134,900
Sold Price
$133,500
Premium/Discount to List
-$1,400
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$136,370
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2016
Sold by
Myrna C Pennington
Bought by
Osteen Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,205
Interest Rate
3.61%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Pennington Ruby C
Bought by
Crisco Barbara P and Eudy Vicky P
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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Purchase History

Date Buyer Sale Price Title Company
Delgado Arturo Garcia $205,000 --
Oneal David $133,500 None Available
Osteen Julie -- --
Crisco Barbara P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Arturo Garcia $8,000
Open Delgado Arturo Garcia $196,900
Previous Owner Oneal David $136,370
Previous Owner Osteen Julie $80,205
Previous Owner Osteen Julie --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $204,900 0.0% $163 / Sq Ft
05/17/2022 05/17/22 Price Changed $204,900 -6.8% $163 / Sq Ft
05/06/2022 05/06/22 For Sale $219,900 +64.7% $175 / Sq Ft
07/26/2019 07/26/19 Sold $133,500 -1.0% $106 / Sq Ft View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $134,900 -- $107 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,107 $188,370 $26,199 $162,171
2024 $970 $141,036 $12,575 $128,461
2023 $1,067 $141,036 $12,575 $128,461
2022 $553 $66,386 $12,575 $53,811
2021 $551 $66,386 $12,575 $53,811
2020 $529 $59,481 $11,178 $48,303
2019 $530 $59,481 $11,178 $48,303
2018 $445 $59,481 $11,178 $48,303
2017 $445 $59,481 $11,178 $48,303
2016 $428 $57,231 $9,781 $47,450
2015 $503 $57,231 $9,781 $47,450
2014 $274 $57,231 $9,781 $47,450
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mary Allen

    Corcoran HM Properties

    Section Image

  • B

    Buyer's Agent in 2022

    Briana Guerra Perez

    Keller Williams Lake Norman

    (980) 621-4811

    42 Total Sales

    Briana Guerra Perez
    Section Image

  • M

    Buyer's Agent in 2019

    Marc Montgerard

    Taylor Morrison of Carolinas Inc

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3845724

Canopy MLS (Canopy Realtor® Association)

APN: 6539-03-41-7992

North Carolina Stanly County Albemarle 28001

32516 Pennington Rd, Albemarle, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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