1122 Penrose Ln, Charlotte, NC, 28217

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
1,058 SqFt
$331/SqFt
House

Location

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1122 Penrose Ln, Charlotte$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1959
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
MLS #4154320
StatusActive

About 1122 Penrose Ln

PICKELBALL JUST MINUTES AWAY - Located in the sought-after neighborhood of hot Clanton Park, this charming Ranch-style home boasts three bedrooms, one bathroom, and is situated on nearly a quarter-acre lot. A spacious driveway guides you to the freshly painted brick exterior with a covered front porch, new roof, and windows. Upon entering, you'll be greeted by beautifully restored original wood floors. The home has been recently updated with fresh paint, new ceiling fans, door handles, and laundry area shelving. The kitchen has new soft-close custom cabinets, new flooring, countertops, dishwasher, microwave, washer/dryer. Adjacent to the kitchen is a spacious back patio perfect for hosting gatherings, which then extends into a sizable enclosed backyard. The seller has made significant upgrades to the property including new under-house PVC piping, hot water heater, furnace, HVAC system, exterior vents as well as a new water line in the bathroom AND FREE INTERNET! A must see! SOLD AS IS!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 1,058 SqFt

Listing Office:

  • Office Name: Xclusive Realty LLC
  • Office Email: brenda@xclusive-realty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
  • Basement: No
  • Flooring Type: Stone, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $850
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlotte, NC.

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Charlotte, NC

City

Med. Sold Price

$420.4K

Med. Price/SqFt

$238

Avg. Days On Market

39

# of Sold Homes

817

1122 Penrose Ln vs Charlotte

159 DAYS ON ROCKET

+120 Days

$350,000

-$70.4K Less

$331/SqFt

+$92 More

KEY TAKEAWAY

This property is $70.4K less than the Median Sold Price and $92/SqFt more than other homes in Charlotte, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4154320

Listing Office:

  • Office Name: Xclusive Realty LLC
  • Office Email: brenda@xclusive-realty.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$850$88,100
2020$941$88,100
2018$873$61,000

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3478107
5
/10

  • Charles H. Parker Academic Center

  • 1546 Walton Rd

  • 0.40 miles

  • Public Magnet Grades KG-5

school-card-donut-3478108
2
/10

  • Niner University Elementary School

  • 2414 Lester St

  • 0.83 miles

  • Public District Grades KG-2

school-card-donut-3478109
4
/10

  • Reid Park Academy

  • 4108 W Tyvola Rd

  • 0.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. Typical income of Charlotte, NC residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1122 Penrose Ln

What is the listing price of this property?

The listing price of 1122 Penrose Ln property is $350,000.

What type of property is this?

The property 1122 Penrose Ln is a house located in Charlotte, North Carolina, 28217.

Is this property for sale now?

Active Listing: 1122 Penrose Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $850 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1122 Penrose Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1122 Penrose Ln is 1,058 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1122 Penrose Ln is 1959.

Rocket Homes›North Carolina›Mecklenburg County›Charlotte›28217›1122 Penrose Ln

This home is located at 1122 Penrose Ln in Charlotte, NC and zip code 28217 in the Edgebrook neighborhood. This 1,058 square foot home was built in 1959. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Charlotte, NC there were more than 157 sold above asking price, over 465 sold below and more than 195 were sold right at the asked price. The number of homes for sale in Charlotte, NC decreased by 3.3% between October 2024 and November 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $420,468.

From Rocket Homes Real Estate and based on county public records data.

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