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162 Penny Ln, Lexington, NC, 27295

$198,000

Home List Price

$2,351*

Closing Credit

2 Bedrooms
1 Full Bath
1,008 SqFt
$196/SqFt
House

Location

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162 Penny Ln, Lexington$198,000

Buyer Closing Credits

$2,351*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1979
HeatingHeat Pump, Electric
CoolingHeat Pump
MLS #1163717
Lot Size0.40 Acres
StatusActive

About 162 Penny Ln

This charming one-level ranch is perfect for those looking for quiet and easy Davidson County living. The open-concept living space allows you to stay engaged with guests while working in the kitchen. A butcher block island top is the perfect compliment to the stainless steel appliances. And the best part is that the double-door refrigerator remains in the home!! The bonus room could be used as an office or a 3rd bedroom. Enjoy the ease of having laundry close to bedrooms. And, if you have outdoor toys, you will love the storage building. New roof and HVAC in 2023. USDA ELIGIBLE!! Professional pictures coming soon!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1979
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: Coldwell Banker Advantage
  • Office Phone: (336) 725-0506
  • Listing Agent: Amy Pasquale

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Heading S on Hwy 150 take a left on to Tyro Rd. Take R on to Penny Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $218
  • Tax Year: 2021
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Housing Market Comparison

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

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Lexington, NC

City

Med. Sold Price

$288.5K

Med. Price/SqFt

$162

Avg. Days On Market

44

# of Sold Homes

105

162 Penny Ln vs Lexington

1 DAY ON ROCKET

-43 Days

$198,000

-$90.5K Less

$196/SqFt

+$34 More

KEY TAKEAWAY

This property is $90.5K less than the Median Sold Price and $34/SqFt more than other homes in Lexington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1163717

Listing Office:

  • Office Name: Coldwell Banker Advantage
  • Office Phone: (336) 725-0506
  • Listing Agent: Amy Pasquale

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:46 AM 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$218$71,480
2020$171$53,780
2019$173$53,780
2018$174$53,780
2017$174$53,780

History based on county public records data.

Payment Calculator

$1,056

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$660

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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-815382
5
/10

  • Tyro Elementary School

  • 450 Cow Palace Rd

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-815383
5
/10

  • Reeds Elementary School

  • 791 S NC Highway 150

  • 3.07 miles

  • Public District Grades KG-5

school-card-donut-815384
5
/10

  • Churchland Elementary School

  • 7571 S NC Highway 150

  • 3.83 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,800. The majority of Lexington, NC residents have income less than $35k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 162 Penny Ln

What is the listing price of this property?

The listing price of 162 Penny Ln property is $198,000.

What type of property is this?

The property 162 Penny Ln is a house located in Lexington, North Carolina, 27295.

Is this property for sale now?

Active Listing: 162 Penny 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 $218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 162 Penny Ln has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 162 Penny Ln is 1,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 162 Penny Ln is 1979.

Rocket Homes›North Carolina›Davidson County›Lexington›27295›162 Penny Ln

This home is located at 162 Penny Ln in Lexington, NC and zip code 27295. This 1,008 square foot home, which was built in 1979, sits on a 0.40 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $198,000.

While more than 14 listings in Lexington, NC in October 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 46 were sold below. The number of homes for sale in Lexington, NC decreased by 0.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $288,532.

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

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