NOT LISTED FOR SALE

Estimated Value: $251,000 - $588,339

1 Bed
1 Bath
1,400 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $500,000 $357 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,581/month

227 Days on Market

About This Home

As of November 2024

Two (2) houses 2700 and 2616 Penninger Circle on this one parcel of land, GIS say 2.0 acres and tax says, 2.5, one parcel two houses for sale, both rented do not disturb tenants, selling homes as is where they are, both need a little TLC but land is super nice and mature trees, located in Charlotte city limits and ready for remodel or new development. Call agent for showings and questions. Zoning allows for more homes to be built on land, see Charlotte Zoning for number of units per acre. Good development or remodel flip of existing homes. Good location as it is close to University area and employment power centers close by. Close to 85 and 485. Beautiful piece of land with new housing all around the area.

NO HOA NO HOA NO HOA

Last Listed By

Steve Goodman

SK Goodman Inc Brokerage Email: skg@skgoodman.com License #205746 Listed on: 02/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1950

Lot Details

  • Property is zoned N1 a, N1-A

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 04705215

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,479

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 357.14
  • Geocode Confidence: High
  • Attribution Contact: skg@skgoodman.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1400
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Other, None
  • Above Grade Finished Sq Ft: 1400
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1400
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: N/A

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: None
  • Sewer: Other - See Remarks
  • Laundry Features: Other - See Remarks, None
  • Cooling: N/A
  • Water Source: Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2
  • Lot Size Units: Acres
  • Parcel Number: 04705215
  • Zoning: N1-A
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1 a

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Nov 19, 2024
Sold by
Woodward Tony A and Woodward Francie E
Bought by
Kermits Whispering Ursa Minor Llc
Seller's Agent
Steve Goodman
SK Goodman Inc
Buyer's Agent
Tyler Mundy
Mundy Real Estate, LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Total Days on Market
227
Views
101
Current Estimated Value
$425,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,665
Avg. Annual Appreciation
-38.37%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Adkins Dwight and Adkins Mary Oneil
Bought by
Woodward Tony A and Woodward Francie E

Purchase Details

Closed on
Sep 7, 2004
Sold by
Penninger Harold D
Bought by
Adkins Dwight and Adkins Mary Oneill

Range of Values:

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Average Value
Not Available
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
Kermits Whispering Ursa Minor Llc $500,000 None Listed On Document
Kermits Whispering Ursa Minor Llc $500,000 None Listed On Document
Woodward Tony A $265,000 None Available
Adkins Dwight $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodward Tony $210,000
Previous Owner Woodward Tony A $39,629
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $500,000 +90.5% $357 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $262,500 -0.9% $188 / Sq Ft
08/20/2024 08/20/24 Price Changed $265,000 -49.5% $189 / Sq Ft
06/13/2024 06/13/24 Price Changed $525,000 +94.4% $375 / Sq Ft
05/20/2024 05/20/24 Price Changed $270,000 -49.5% $193 / Sq Ft
04/12/2024 04/12/24 Price Changed $535,000 -2.7% $382 / Sq Ft
02/26/2024 02/26/24 For Sale $550,000 -- $393 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2023 $2,479 $482,900 $259,600 $223,300
2022 $2,479 $230,900 $68,000 $162,900
2021 $2,228 $230,900 $68,000 $162,900
2020 $2,443 $230,900 $68,000 $162,900
2019 $2,411 $230,900 $68,000 $162,900
2018 $2,781 $200,800 $51,900 $148,900
2017 $2,725 $200,800 $51,900 $148,900
2016 $2,653 $200,800 $51,900 $148,900
2015 $2,683 $200,800 $51,900 $148,900
2014 $2,703 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4112880

Canopy MLS (Canopy Realtor® Association)

APN: 047-052-15