For sale

Price cut: $100K (2/5)

$825,000

2116 Penny Rd, High Point, NC 27265

3beds

2,034sqft

Est.:

Stick/Site Built, Residential, Single Family Residence

Built in 1977

0.83 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

New Price! Located at the highly visible corner of Samet Drive and Penny Road, this property presents an incredible opportunity for office or commercial use in a rapidly developing area. Currently featuring a residential structure, this lot offers endless potential for businesses looking to establish a presence in a high-traffic location. Buyers are responsible for verifying zoning and permitted use. The seller has not initiated the rezoning process to provide flexibility for the buyer to select the most suitable designation for their intended use. Don't miss this chance to invest in a property with excellent visibility and future growth potential!

413 days

267

6

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Heating

Heat Pump, Electric

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Den

Interior area

Total structure area: 2,034
Total interior livable area: 2,034 sqft
Finished area above ground: 2,034

Property

Parking

Total spaces: 3
Parking features: Carport, Garage, Attached Carport, Attached
Attached garage spaces: 3
Has carport: Yes

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 0.83 Acres

Details

Parcel number: 0196679
Zoning: RS-40
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Brick

Condition

Year built: 1977

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: High Point

Financial & listing details

Tax assessed value: $199,400
Annual tax amount: $1,704
Date on market: 2/21/2025
Cumulative days on market: 412 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/5/2026	Price change	$825,000-10.8%
Source: Triad MLS #1170983 Report a problem
12/11/2025	Price change	$925,000-7.5%
Source: Triad MLS #1170983 Report a problem
2/21/2025	Listed for sale	$1,000,000+400%
Source: Triad MLS #1170983 Report a problem
5/4/2020	Listing removed	$200,000$98/sqft
Source: Allen Tate Realtors #970820 Report a problem
5/4/2020	Listed for sale	$200,000$98/sqft
Source: Allen Tate Realtors #970820 Report a problem
5/1/2020	Sold	$200,000
Source: Triad MLS #970820 Report a problem
3/25/2020	Pending sale	$200,000$98/sqft
Source: Allen Tate Realtors #970820 Report a problem
3/23/2020	Listed for sale	$200,000$98/sqft
Source: Allen Tate Realtors #970820 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,756 +3%	$199,400
2024	$1,704	$199,400
2023	$1,704	$199,400
2022	$1,704 +17.8%	$199,400 +17.8%
2021	$1,447 +3.6%	$169,300
2018	$1,396 -2.4%	$169,300
2017	$1,430	$169,300
2016	$1,430	$169,300
2015	$1,430 -2.2%	$169,300
2014	$1,463	$169,300 +1.6%
2013	--	$166,600
2012	--	$166,600 -3.9%
2011	--	$173,300
2010	--	$173,300
2009	--	$173,300
2008	--	$173,300
2007	--	$173,300
2006	--	$173,300
2005	--	$173,300
2004	--	$173,300 +34.3%
2002	--	$129,000
2001	--	$129,000