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  • Price cut: $19K (6/2)
    $276,000

    126 Penguin Ln, Statesville, NC 28625

    3beds
    1,528sqft
    : 
    $1,652/mo
    Get pre-qualified
    Single Family Residence
    Built in 1975
    1.57 Acres Lot
    $270,900 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Surrounded by farmlandQuiet private setting
    Investors, take note! This turnkey 3-bedroom, 1-bath home comes with a new lease already in place, providing guaranteed monthly income from day one. Recently remodeled prior to the current tenant’s move-in, the property requires minimal upkeep, making it a low-hassle addition to your portfolio. The home is currently being utilized as a 4-bedroom, 2-bath home which helps rental marketability. Set back from the road and surrounded by farmland, the home offers a quiet, private setting that is highly desirable for tenants and future homeowners alike. With its floor plan and updated finishes, this property is both comfortable and marketable, ensuring continued rental demand.Whether you’re looking to expand your rental portfolio or secure a home for yourself in the future, 126 Penguin Ln is an opportunity you want to check out.
    333 days
    |
    231
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Wilson josh@guardianrealestategrp.com,

    Guardian Real Estate Group LLC,

    Luke Reid,

    Guardian Real Estate Group LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4300681MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 3
      Kitchen
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator
      • Laundry: Main Level
      Features
      • Has basement: No
      Interior area
      • Total structure area: 1,528
      • Total interior livable area: 1,528 sqft
      • Finished area above ground: 1,528
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 1.57 Acres
      • Features: Private
      Details
      • Parcel number: 4715763678.000
      • Zoning: RA
      • Special conditions: Subject to Lease

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      • Foundation: Crawl Space
      • Roof: Aluminum
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: County Water

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Statesville

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $145,840
      • Annual tax amount: $920
      • Date on market: 9/9/2025
      • Cumulative days on market: 334 days
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel, Paved

        Estimated market value

        $270,900

        $257,000 - $284,000

        $1,482/mo

        Price history

        DateEventPrice
        6/2/2026Price change$276,000-6.4%$181/sqft
        Source: Canopy MLS as distributed by MLS GRID #4300681 Report a problem
        12/9/2025Price change$295,000-3.3%$193/sqft
        Source: Canopy MLS as distributed by MLS GRID #4300681 Report a problem
        9/9/2025Listed for sale$305,000$200/sqft
        Source: Canopy MLS as distributed by MLS GRID #4300681 Report a problem
        9/11/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/11/2022Listed for rent$1,680$1/sqft
        Source: Zillow Rental Manager Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$920 $145,840
        2024$920 $145,840
        2023$920 +34.3%$145,840 +46.4%
        2022$685 +0.6%$99,650
        2021$681 $99,650
        2020$681 $99,650
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28625

        Getting around

        0 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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