NOT LISTED FOR SALE

5007 Pennington Place Sims, NC 27880

Estimated Value: $394,000 - $475,000

3 Beds
3 Baths
2,410 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $250,000 $104 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,518/month

98 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Formal Dining Room
  • Rock Ridge Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of January 2019

Located on 1.23 acre in the lovely Rock Ridge neighborhood of Pennington Place, this beautiful home has 3 bedrooms and 3 full baths, office and bonus room. Convenient to major highways! Call today for more details and schedule a personal showing!

Last Agent to Sell the Property

David Herndon

Chesson Realty License #259819 Listed on: 08/20/2018

Last Buyer's Agent

Connor Bedgood

Chesson Realty License #283863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 2006

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 203 x 292 x 155 x 306
  • Property is zoned AR

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Partially Finished Attic
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • Pennington Place Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 2761-16-3560.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,662

Year Built

Built in 2006

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Gas Logs, Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 107.84
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 2410.00
  • Total Heated Primary Separate Sq Ft: 2410.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Stone, Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 180.00

Lot Info

  • Deed Page: 927.00
  • Lot Acres: 1.23
  • Lot Dimensions: 203 x 292 x 155 x 306
  • Lot Sq Ft: 53579.00
  • Plat Book: 34
  • Plat Page: 287
  • Zoning: AR

Tax Info

  • Tax Identifier: 2761-16-3560.000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 9, 2019
Sold by
Shakour Joseph Peter and Shakour Candace Rose
Bought by
Thomas Joshua M and Thomas Kelly L
Seller's Agent
David Herndon
Chesson Realty
Buyer's Agent
Connor Bedgood
Chesson Realty
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$430,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,187
Avg. Annual Appreciation
8.35%
Original Mortgage
$250,000
Outstanding Balance
$220,989
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$209,198

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 26, 2013
Sold by
Hedrick Christopher B and Hedrick Catherine J
Bought by
Shakour Joseph Peter and Shakour Candace Rose
Seller's Agent
Angie Baker
First Wilson Properties
Buyer's Agent
Pam Redding
Chesson Realty
List Price
$234,000
Sold Price
$233,000
Premium/Discount to List
-$1,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$221,350
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Stock Loan Services Llc
Bought by
Hedrick Christopher B and Hedrick Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2009
Sold by
Letchworth Builders Inc
Bought by
Stock Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
5.19%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Thomas Joshua M $250,000 None Available
Shakour Joseph Peter $233,000 None Available
Hedrick Christopher B $215,000 None Available
Stock Loan Services Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Joshua M $250,000
Previous Owner Shakour Joseph Peter $221,350
Previous Owner Hedrick Christopher B $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2019 01/10/19 Sold $250,000 -3.8% $104 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $259,900 +11.5% $108 / Sq Ft
06/27/2013 06/27/13 Sold $233,000 -0.4% $106 / Sq Ft View Prior Sale
04/25/2013 04/25/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $234,000 -- $106 / Sq Ft
Source: Hive 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 $2,662 $379,241 $53,036 $326,205
2024 $2,662 $379,241 $53,036 $326,205
2023 $1,903 $223,860 $27,759 $196,101
2022 $1,903 $223,860 $27,759 $196,101
2021 $1,893 $223,860 $27,759 $196,101
2020 $1,893 $223,860 $27,759 $196,101
2019 $1,893 $223,860 $27,759 $196,101
2018 $1,897 $224,364 $27,759 $196,605
2017 $1,897 $224,364 $27,759 $196,605
2016 $1,897 $224,364 $27,759 $196,605
2014 $1,955 $231,293 $33,210 $198,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100131442

Hive MLS

APN: 2761-16-3560.000