18 days on rocket

Sale Pending

138 Penny Ln, Lexington, NC, 27295

$194,900

Home List Price

$2,314*

Closing Credit

2 Bedrooms
1 Full Bath
900 - 1.1K SqFt
$170 - $219/SqFt
House
Schools Nearby

Location

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138 Penny Ln, Lexington$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1980
HeatingHeat Pump, Electric
CoolingHeat Pump
MLS #1139085
Lot Size0.34 Acres
StatusSale Pending
(Pending)

About 138 Penny Ln

This ranch home waiting for you and your family. Recently upgraded home with 2 bedrooms, bath, and a large bonus room with closet. The kitchen, dining and living room provides great space for family gatherings. The bonus room is perfect allowing each prospective buyer to decide the best use for their family. Beautiful new flooring with LVP and carpet. The back patio is great for grilling and the large back yard perfect for outdoor games. Nice storage building and covered side "lean to". Partial private fencing and paved drive. This one is move-in ready.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1980

Listing Office:

  • Office Name: Price REALTORS - NC Hwy 8
  • Office Phone: (336) 798-3750
  • Listing Agent: Frankie Byrd

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Cleared, Rural Area
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Old Salisbury rd. (Hwy 29). Rt. Tyro Rd. Left Penny Lane. Home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $170 - $219/SqFt

Tax Information:

  • Annual Amount: $523
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$280.7K

Med. Price/SqFt

$155

Avg. Days On Market

61

# of Sold Homes

94

138 Penny Ln vs Lexington

18 DAYS ON ROCKET

-43 Days

$194,900

-$85.8K Less

$170 - $219/SqFt

+$170K More

KEY TAKEAWAY

This property is $85.8K less than the Median Sold Price and $170K/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: #1139085

Listing Office:

  • Office Name: Price REALTORS - NC Hwy 8
  • Office Phone: (336) 798-3750
  • Listing Agent: Frankie Byrd

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: 5/1/2024, 12:55:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 19, 2007Home Sold
$77,000
Mar 30, 2007Home Sold
$36,500

Tax History

YEARPROP. TAXASSESSMENT
2021$523$85,600
2020$446$73,160
2019$453$73,160
2018$454$73,160
2017$451$72,790

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-4003600
4
/10
  • Tyro Elementary School

  • 450 Cow Palace Rd

  • 1.79 miles

  • Public District Grades PK-5

school-card-donut-4003601
6
/10
  • Reeds Elementary School

  • 791 S Nc Highway 150

  • 3.07 miles

  • Public District Grades PK-5

school-card-donut-4003602
5
/10
  • Churchland Elementary School

  • 7571 S Nc Highway 150

  • 3.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,800. The most common annual income of people living in Lexington, NC is less than $35k. 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 138 Penny Ln

What is the listing price of this property?

The listing price of 138 Penny Ln property is $194,900.

What type of property is this?

The property 138 Penny Ln is a house located in Lexington, North Carolina, 27295.

Is this property for sale now?

Sale Pending: 138 Penny Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $523 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 19, 2007 for $77,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 138 Penny Ln has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 138 Penny Ln is 900 - 1100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 138 Penny Ln is 1980.

Rocket HomesNorth CarolinaDavidson CountyLexington27295138 Penny Ln

This home is located at 138 Penny Ln in Lexington, NC and zip code 27295. This home was built in 1980. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $194,900.

In March 2024 more than 14 listings in Lexington, NC were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 50 were sold below. The number of listings in Lexington, NC increased by 4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $280,737, while the average time on the real estate market was 61 days.

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

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