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123 Penley Circle

123 Penley Circle, Raleigh, NC 27609
Property in North Hills
1 Units For Sale
Unit for sale at 123 Penley Circle, Raleigh, NC 27609

$850,000

  • 3 Beds
  • 3.5 Baths
  • 2,651 ft²
123 Penley Circle, Raleigh, NC 27609 Listing by Jay Walden

123 Penley Circle in Raleigh, NC was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 123 Penley Circle has 2,694 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 683 sqft and has been categorized as a full basement. In total, the area measurement of the land is 3,049 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 123 Penley Circle was last sold in Feb 16, 2024 for $820,000. According to our calculations, that's $304.38 per sqft. Prior to that sales transaction, the property was sold for $488,000 in Apr 7, 2016. Current property owners are expected to pay $6,063 in taxes per year. The property on 123 Penley Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $554,376. To break that down further, the land itself was valued at $168,000. While improvements to the property were assessed at a total of $386,376. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 683
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,694
  • Building Area: 2,694
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,694
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RAMBLEWOOD LANTERN
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO86 RAMBLEWOOD LANTERN PH4 BM2013-00744

Ownership

  • Current Owner : SCHAPPE JEFFREY JAMES
  • Previous Owner : BENEFIELD ELIZABETH A
  • Owner Before Previous Owner: VALENTINE MARIE
  • Owner Before Previous Owner 2: VALENTINE JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052603

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0418704
  • District: 01
  • Subdivision Phase Number: 4
  • Parcel: 1705.11-67-8385 0418704
  • Lot: 86
  • Municipality: RALEIGH
  • Latitude: 35.8304
  • Longitude: -78.6394

    Address

  • Full Address: 123 Penley Cir
  • Address - House Number: 123
  • Address - Street Name: Penley
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C073
  • 4-Digit Zip Code: 7154
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,063

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 96
  • Final Value: 839,675
  • High Value: 896,807
  • Low Value: 782,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $656,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Mar 01, 2024
  • First Open Lien Mortgage Loan Amount: $656,000
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $554,376
  • Market Land Value: $168,000
  • Market Improvement Value: $386,376

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,376
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $386,376

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11922030949
  • Current Sale Price: $820,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 08, 2016
  • Previous Sale Contract Date: Apr 07, 2016
  • Previous Sale Amount: $488,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Mar 01, 2024
  • First Mortgage Loan Amount: $656,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 08, 2016
  • Previous Mortgage Loan Amount: $363,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About North Hills



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Frequently Asked Questions

What neighborhood is 123 Penley Circle located in?
The 123 Penley Circle is a located in the neighborhood of North Hills in North Hills, Raleigh.
How many listings are currently for sale in 123 Penley Circle?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 123 Penley Circle?
The average sales price for units in 123 Penley Circle is $850,000 , or $321/sqft. currently.

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