See Home Value
$615,521*
House - Off Market

121 Penwood Drive

Cary, NC 27511
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2811 Sqft
$446,000 - $544,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
Sold Apr 23, 2021
$485,000
$339,500 by Ark-la-tex Financial Services
Mortgage Due May 01, 2051
Sold Dec 29, 1983
$133,500

About This Property

Very well maintained custom built home on .32 acre cul-de-sac lot in Cary. Home offers 2811 heated sq ft, 566 sq ft unheated walkup attic, 4 bedrooms, bonus room 2nd floor office, living room could be 2nd office and huge screened in porch with grilling deck. 2 staircases. Smooth ceilings. Hardwood floor in foyer, living room, dining room, kitchen, breakfast area and 1/2 bath. Roof replaced 2010, solar panels added 2019, 2nd floor HVAC 2018, 1st floor HVAC 2020 *CLICK ON PICTURES FOR FLOOR PLAN*

The manager has listed the unit size as 2811 square feet.
Unit Size
2,811Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold to Audrey Dreyer, Kenneth Thom... $485,000
Sold to Audrey Dreyer, Kenneth Thom...
Mar 7, 2021 No longer available -
No longer available
Feb 28, 2021 Listed $495,000
Listed
Dec 29, 1983 Sold to Deborah K Wagner, Theodore ... $133,500
Sold to Deborah K Wagner, Theodore ...

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 557
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,763
  • Building Area: 2,763
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,763
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WALNUT RIDGE
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO41 WALNUT RIDGE PH2 SE2B BM1982-01040

Ownership

  • Current Owner : DREYER KENNETH THOMAS
  • Current Owner 2: DREYER AUDREY
  • Previous Owner : WAGNER THEODORE W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053516

Zoning

  • Zoning: R12

Geography

  • Account Number: 0125265
  • District: 04
  • Subdivision Phase Number: 2
  • Parcel: 0773.11-56-3033 0125265
  • Lot: 41
  • Municipality: CARY
  • Latitude: 35.772
  • Longitude: -78.746

    Address

  • Full Address: 121 Penwood Dr
  • Address - House Number: 121
  • Address - Street Name: Penwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: C007
  • 4-Digit Zip Code: 4868
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,792

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 642,381
  • High Value: 725,737
  • Low Value: 559,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,500
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $339,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $391,045
  • Market Land Value: $125,000
  • Market Improvement Value: $266,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $391,045
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $266,045

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11840925444
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 29, 1983
  • Previous Sale Contract Date: Dec 29, 1983
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Other
Loft
2.5 Baths
2,514 ft²
$235/ft²
$590,000 Oct 12, 2023
-
$315/mo

About Walnut Ridge


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Frequently Asked Questions

When was property at 121 Penwood Drive built and last sold?
The property at 121 Penwood Drive was built in 1983 and last sold on Apr 14, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 121 Penwood Drive is $513,635.
What are some comparable homes to 121 Penwood Drive?
There are currently no comparable homes to 121 Penwood Drive.

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