NOT LISTED FOR SALE

7632 Penland Dr Clemmons, NC 27012

Estimated Value: $517,325 - $702,000

3 Beds
2.5 Baths
2,833 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $326,500 $115 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,336/month

136 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • No HOA
  • Frank Morgan Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2014

Historic feeling colonial with all the amenities and functionality of today on a truly fantastic lot! Wide plank hardwoods, open den/kitchen concept, updated master bath and kitchen, updated main level laundry room, LARGE rooms, handsome woodwork and moldings throughout, large master bdrm with cozy fireplace, big secondary bedrooms with walk-in closets, over-sized two car garage, almost acre lot offers many elevations, unfinished basement with fireplace offers even more potential! Great offering.

Last Agent to Sell the Property

Blake Ginther

Keller Williams Realty Elite License #268304 Listed on: 10/22/2013

Keller Williams Realty Elite

Last Buyer's Agent

Kristen Roberson

Leonard Ryden Burr Real Estate License #264067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1983

Lot Details

  • 0.95 Acre Lot
  • Property is zoned RS15

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 2,833 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 3 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Zoned Heating
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,521

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Directions: I-40 West to Harper Road/Tanglewood exit, Right on Harper, Immediate Left on Fair Oaks, Right on Gardenspring, Right on Sandhurst, Right on Penland
  • Above Grade Finished Sq Ft: 2833
  • Architectural Style: Colonial
  • Unit Levels: One and One Half
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2833
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 2833
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Construction Type: Brick, Masonite
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Zoning: RS15
  • TRIADMLS_DeedPage: 024
  • TRIADMLS_DeedBook: 3065

Tax Info

  • Tax Annual Amount: 2521.11
  • Tax Map Number: 582830
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.9033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Cosby Ashley B
Bought by
Cosby Bradley A
Current Estimated Value
$580,331

Purchase Details

Listed on
Oct 22, 2013
Closed on
Apr 16, 2014
Sold by
Reavis Robert G and Reavis Summer L
Bought by
Cosby Bradley A and Cosby Ashley B
Seller's Agent
Blake Ginther
Keller Williams Realty Elite
Buyer's Agent
Kristen Roberson
Leonard Ryden Burr Real Estate
List Price
$345,000
Sold Price
$326,500
Premium/Discount to List
-$18,500
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$310,175
Outstanding Balance
$235,702
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$344,629

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jun 12, 2012
Sold by
Turnage John W and Turnage Marcia C
Bought by
Reavis Robert G and Reavis Summer L
Seller's Agent
Mary Gettys Hardwick
Leonard Ryden Burr Real Estate
Buyer's Agent
Blake Ginther
Keller Williams Realty Elite
List Price
$325,000
Sold Price
$318,500
Premium/Discount to List
-$6,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$286,650
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2012
Sold by
Turnage John Walker
Bought by
Turnage John W and Turnage Marcia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
2.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cosby Bradley A -- None Available
Cosby Bradley A $326,500 None Available
Reavis Robert G $318,500 None Available
Turnage John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosby Bradley A $310,175
Previous Owner Reavis Robert G $286,650
Previous Owner Turnage John W $159,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2014 04/17/14 Sold $326,500 -5.4% $115 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $345,000 +8.3% $122 / Sq Ft
06/18/2012 06/18/12 Sold $318,500 -2.0% $114 / Sq Ft View Prior Sale
05/01/2012 05/01/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $325,000 -- $117 / Sq Ft
Source: Triad 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
2024 $2,963 $317,200 $61,500 $255,700
2023 $2,963 $317,200 $61,500 $255,700
2022 $2,963 $317,200 $61,500 $255,700
2021 $2,963 $317,200 $61,500 $255,700
2020 $2,875 $304,100 $51,500 $252,600
2019 $2,906 $304,100 $51,500 $252,600
2018 $2,803 $304,100 $51,500 $252,600
2016 $2,603 $280,683 $58,000 $222,683
2015 $2,603 $280,683 $58,000 $222,683
2014 $2,521 $279,061 $58,000 $221,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 688321

Triad MLS

APN: 5883-42-1173