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507 Pennington Avenue

507 Pennington Avenue, Thomasville, NC 27360
Property in Davidson
Sold Aug 13, 2021
Transfer
$117,038 by Lakeview Community Capital Llc
Mortgage Due Sep 01, 2051
Sold Aug 14, 2018
$122,000
$119,790 by Movement Mortgage
Mortgage Due Sep 01, 2048
507 Pennington Avenue in Thomasville, NC was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 507 Pennington Avenue has 1,788 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 linear feet across the front of the lot is 1,770 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 25,665 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 576 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 forced air unit and being fueled with electricity. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $122,000 in Aug 6, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,683 in taxes each year. 507 Pennington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $124,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,665
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,770
  • Total Building Area: 2,458
  • Gross Building Area: 2,458
  • Building Area: 2,458
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,788
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMAS PARK
  • Land Acres: 0.589
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=4-19 BA L118-124 BK2495-1621

Ownership

  • Current Owner : RUIZ JEAN CARLOS
  • Current Owner 2: BOLANOS PAOLA ANDREA
  • Previous Owner : RUIZ JEAN CAROLS
  • Previous Owner 2: BOLANOS PAOLA ANDREA
  • Owner Before Previous Owner: GENTRY MELVIN LARRY
  • Owner Before Previous Owner 2: GENTRY DANIEL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thomasville City Schools
  • School Tax School District: C
  • School Tax District Code 2: SC08
  • School Tax District Code 3: SC08
  • Census Tract: 060900

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: MAP 173
  • Account Number: 9255546
  • District: 16
  • Parcel: 16-173-0-00A-0118
  • Municipality: THOMASVILLE
  • Latitude: 35.872
  • Longitude: -80.0791

    Address

  • Full Address: 507 Pennington Ave
  • Address - House Number: 507
  • Address - Street Name: Pennington
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Thomasville
  • Carrier Code: C016
  • 4-Digit Zip Code: 5707
  • Zip Code: 27360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,683

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 138,821
  • High Value: 157,719
  • Low Value: 119,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,038
  • First Open Lien Mortgage Lender: LAKEVIEW COMMUNITY CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $117,038
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $124,200
  • Market Land Value: $21,000
  • Market Improvement Value: $103,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,200

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11850304397
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021000020253
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Aug 06, 2018
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKEVIEW COMMUNITY CAPITAL LLC
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $117,038
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Aug 14, 2018
  • Previous Mortgage Loan Amount: $119,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Thomasville



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Frequently Asked Questions

What neighborhood is 507 Pennington Avenue located in?
The 507 Pennington Avenue is a located in the neighborhood of Davidson in Thomasville, Thomasville.
What is the average sales price for listings in 507 Pennington Avenue?
The average sales price for units in 507 Pennington Avenue is $0 currently.

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