247 Penn Lake Dr
Reidsville, NC 27320
3 bd 1 ba 960 sqft Built 1972 Lot 24,829 sqft single_family
Most recent sale
$169,000
Oct 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 24, 2022 | Sold | $169,000 | MLS #1083615 |
| Sep 8, 2022 | Listed | $169,500 | MLS #1083615 |
| Aug 23, 2016 | Sold | $32,500 | MLS #797454 |
| Jun 8, 2016 | Listing removed | $39,900 | Rockingham |
| Jun 7, 2016 | Listed | $39,900 | MLS #84758 |
| Aug 26, 2004 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $138,783 | $8,276 | $147,059 | $942 |
| 2024 | $138,783 | $8,276 | $147,059 | $942 |
| 2023 | $76,286 | $7,524 | $83,810 | $657 |
| 2022 | $76,286 | $7,524 | $83,810 | $657 |
| 2021 | $76,286 | $7,524 | $83,810 | $658 |
| 2020 | $76,286 | $7,524 | $83,810 | $658 |
| 2019 | $76,286 | $7,524 | $83,810 | $658 |
| 2018 | $70,019 | $12,524 | $82,543 | $649 |
| 2017 | $70,019 | $12,524 | $82,543 | $632 |
| 2016 | $70,019 | $12,524 | $82,543 | $632 |
| 2015 | $70,019 | $12,524 | $82,543 | $632 |
| 2014 | $70,019 | $12,524 | $82,543 | $626 |
| 2013 | $70,019 | $12,524 | $82,543 | $626 |
| 2012 | $70,019 | $12,524 | $82,543 | $626 |
| 2011 | $70,019 | $12,524 | $82,543 | $628 |
| 2010 | $67,153 | $14,156 | $81,309 | $632 |
| 2009 | $67,153 | $14,156 | $81,309 | $638 |
| 2008 | $67,153 | $14,156 | $81,309 | $630 |
| 2007 | $67,153 | $14,156 | $81,309 | $630 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
24,829 sqft
ZIP code
27320
City
Reidsville
Street
Penn Lake Dr
Coordinates
36.37860, -79.65013
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,296
Gross rental yield
9.20%
Implied cap rate
5.98%
Trend-extrapolated value
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Frequently asked questions
When did 247 Penn Lake Dr last sell?
247 Penn Lake Dr most recently sold on Oct 24, 2022 for $169,000.
What is the current tax assessment for 247 Penn Lake Dr?
The most recent total assessment for 247 Penn Lake Dr (year 2025) is $147,059 with $942 in property tax.
How does 247 Penn Lake Dr's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $169,000.
When was 247 Penn Lake Dr built?
247 Penn Lake Dr was built in 1972.
How does 247 Penn Lake Dr compare to others on Penn Lake Dr?
We track 6 other properties on Penn Lake Dr. Browse the list under "Other properties on Penn Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 247 Penn Lake Dr?
247 Penn Lake Dr is a 3 bed, 1 bath, 960 sqft, 24,829 sqft lot single_family.
Is 247 Penn Lake Dr a flip candidate?
No — 247 Penn Lake Dr does not appear in our flips dataset.
Is 247 Penn Lake Dr a tax-appeal candidate?
No — 247 Penn Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.6%
Implied 1-yr
+22.5%
2026 Q3
$313.9K
2026 Q4
$326.8K
ZIP 27320 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Lake Dr