127 Colton's Way, Penrose, NC 28766 Property Records

Transylvania County property record for 127 Colton's Way, Penrose, NC 28766

Property Summary

Property Type	Single Family Home
Details	2 bd · 1.5 ba · 1,232 sqft · built 2007
Lot Size	0.65 acres (28,314 sqft)
Owner	Individual Name on File
Last Sale	$25,000 (Dec 2006)
Tax Bill	$1,694 (2026)
Deeds & Mortgages	Mar 2026 Mortgage Feb 2024 Line of Credit + 2 more
Flood Zone	Zone X (minimal risk)
APN	`9527-00-7893-000`

Property Details

APN / Parcel Number

Primary APN	`9527-00-7893-000`
Alternative APN	`70166490`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Building Area	1,232 sqft Heated Area
Flooring	Hardwood
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2010
Exterior Material	Shingles
Foundation Type	Footing
Roof Type	Cathedral/Clerestory
Roof Material	Wood Shingle
Lot Area	28,314 sqft (0.65 acres)
View / Lot	Waterfront

Utilities, Heating & Cooling

Cooling System	Central
Heating Fuel	Electric

Location & Zoning

Account Number	70166490
Street Address	127 COLTONS WAY
City	PENROSE
State	NC
Zip	28766-8817
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	L3 LITTLE COVE SD .65
Legal Subdivision	LITTLE COVE SUBDIVISION
Jurisdiction	TRANSYLVANIA NC
Township / Civil Division	LITTLE RIVER
Census Block Group	1
Census Block	1009
Census Tract	960401

Owner

127 Colton's Way is owned by an individual who bought it in December 2006.

Source: Transylvania County records, as of October 13, 2026

Owner of Record	Individual Name on File
Mailing Address	PO BOX 489, PENROSE, NC 28766-0489
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 18, 2026	Deed of Trust, Mortgage · Conventional Mortgage STATE EMPLOYEES CU
Feb 6, 2024	Deed of Trust, Mortgage · Line of Credit STATE EMPLOYEES CU
Feb 27, 2018	Deed of Trust, Mortgage · ARM STATE EMPLOYEES CU
Mar 17, 2020	Deed of Trust, Mortgage · Conventional Mortgage STATE EMPLOYEES CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 18, 2006 · Amount on File
Deed Sale	Dec 18, 2006 · Amount on File
Deed Document Number	200610419
Deed Book / Page	384 / 589
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TRANSYLVANIA NC
Property Address	127 COLTONS WAY, PENROSE, NC 28766-8817
Transaction Type	Mortgage
Record Updated	Apr 1, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	127 COLTONS WAY, PENROSE, NC 28766-8817
Investor	Possibly a Property Investor

Mortgage

Document Number	0011820262
Date	Mar 18, 2026
Book Page	1182/262
Instrument	2026001232

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union
Address	PO BOX 25279, RALEIGH, NC 27611

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.2%
Adjustable	Adjustable Rate Rider
Type Change Date	Apr 1, 2031
Change Frequency	5 Years
Min Rate At Change	3.2%
Max Rate At Change	7.2%
Index	5-Year CMT
Margin	2
Max Rate	11.2%

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TRANSYLVANIA NC
Property Address	127 COLTONS WAY, PENROSE, NC 28766-8817
Transaction Type	Mortgage
Record Updated	Feb 15, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0011040778
Date	Feb 6, 2024
Book Page	1104/778
Instrument	2024000552

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union
Address	RALEIGH, NC 27611

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TRANSYLVANIA NC
Property Address	127 COLTONS WAY, PENROSE, NC 28766-8817
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	ACCURATE TITLE GROUP LLC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0008340105
Date	Feb 27, 2018
Book Page	834/105
Instrument	2018000937

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union
Address	RALEIGH, NC 27611

Agreement

Type	ARM
Amount	Amount on Record
Term	361 Months
Due	Mar 1, 2048

Interest

Rate Type	Adjustable Rate
Rate	4.12%
Change Frequency	5 Years
Min Rate At Change	3.75%
Index	5-Year CMT
Max Rate	6%

March 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TRANSYLVANIA NC
Property Address	127 COLTONS WAY, PENROSE, NC 28766-8817
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	ACCURATE TITLE GROUP LLC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0009140182
Date	Mar 17, 2020
Book Page	914/182
Instrument	2020001403

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union
Address	RALEIGH, NC 27611

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2050

Interest

Rate Type	Adjustable Rate
Rate	3.87%
Change Frequency	5 Years
Min Rate At Change	3.75%
Max Rate At Change	6%
Index	5-Year CMT

Tax Assessment & Valuation

The 2026 property tax bill for 127 Colton's Way was $1,694.

Source: Transylvania County assessment roll, as of October 13, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Transylvania County
Unified School District	Transylvania County Schools (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,694.00	$352,730 (-) Land $36,000 Building $316,730	$352,730 (-) Land $36,000 Building $316,730
2025	$1,694.00	$352,730 Land $36,000 Building $316,730	$352,730 Land $36,000 Building $316,730
2023	$1,347.00	$204,670 Land $30,000 Building $174,670	$204,670 Land $30,000 Building $174,670

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 127 Colton's Way in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 2004.

Source: FEMA National Flood Hazard Layer, effective June 26, 2017 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	5 in force
Nearby Flood Claims	6 (2004–2024)
Claims Outside the SFHA	2 of 6
Most Recent Claim	Sep 2024 · Tropical Storm Helene
Claims by Event	Tropical Storm Helene, Sep 2024 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 127 Colton's Way is moderate, ranking above 40% of the US, with a 0.06% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 40% of the US · above 58% of North Carolina
Wildfire Likelihood	0.06% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 51 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Comporium Fiber	5,000 / 5,000

Cell Coverage

4G LTE only, no 5G reported

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