Welcome to this well-kept corner double-lot property located in the desirable East Lincoln school district!
Nestled in a quiet neighborhood conveniently situated between Lincolnton and Denver, this home offers the perfect blend of privacy and accessibility — and best of all, no HOA!
Built in 2015, this 2,200 sq. ft. residence features an inviting layout with a spacious primary suite and an additional large room with a sitting area — ideal as a mother-in-law suite, guest retreat, or private office space. The home also includes an attached two-car garage and expansive outdoor space for relaxing or entertaining.
The vacant cul-de-sac lot next door is included, giving you endless possibilities — build an outbuilding, add a pool, or even construct another dwelling (per county approval).
Enjoy the peaceful surroundings while being just minutes from shopping, dining, and major highways. This property truly offers space, flexibility, and value — all in a fantastic location!
Active
Price cut: $30K (11/5)
$430,000
5039 Penn Rd, Iron Station, NC 28080
3beds
2,132sqft
Est.:
Single Family Residence
Built in 2015
0.85 Acres Lot
$424,900 Zestimate®
$202/sqft
$-- HOA
What's special
Mother-in-law suitePrivate office spaceCorner double-lot propertySpacious primary suiteInviting layoutGuest retreatExpansive outdoor space
- 102 days |
- 696 |
- 32 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 05:47am
Listing Provided by:
Lena Lawing LenaLawingRealtor@gmail.com,
Century 21 Town & Country Rlty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4312822
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range
- Laundry: Laundry Room
Features
- Flooring: Carpet, Linoleum
- Has basement: No
Interior area
- Total structure area: 2,132
- Total interior livable area: 2,132 sqft
- Finished area above ground: 2,132
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Garage on Main Level
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.85 Acres
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: 77731
- Zoning: R-SF
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Subdivision: Donaphan Hills
Location
- Region: Iron Station
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $419,662
- Annual tax amount: $2,738
- Date on market: 10/14/2025
- Cumulative days on market: 433 days
- Listing terms: Cash,FHA,USDA Loan,VA Loan
- Road surface type: Asphalt, Paved
Estimated market value
$424,900
$404,000 - $446,000
$2,143/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Price change | $430,000-6.5%$202/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4312822 Report a problem | ||
| 10/14/2025 | Listed for sale | $460,000-3.2%$216/sqft |
Source: Canopy MLS as distributed by MLS GRID #4312822 Report a problem | ||
| 9/16/2025 | Listing removed | $475,000$223/sqft |
Source: Canopy MLS as distributed by MLS GRID #4192427 Report a problem | ||
| 6/6/2025 | Price change | $475,000-2.1%$223/sqft |
Source: Canopy MLS as distributed by MLS GRID #4192427 Report a problem | ||
| 3/31/2025 | Price change | $485,000-1%$227/sqft |
Source: Canopy MLS as distributed by MLS GRID #4192427 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,738 +0.7% | $419,662 |
| 2024 | $2,718 +2.1% | $419,662 |
| 2023 | $2,661 +50.5% | $419,662 +86.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,406/mo
Principal & interest
$2051
Property taxes
$204
Home insurance
$151
Climate risks
Neighborhood: 28080
Nearby schools
GreatSchools rating
- 7/10Iron Station ElementaryGrades: PK-5Distance: 3.4 mi
- 4/10East Lincoln MiddleGrades: 6-8Distance: 1.9 mi
- 7/10East Lincoln HighGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Iron Station
- Middle: East Lincoln
- High: East Lincoln
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
