197 Penny Ln, Mars Hill, NC 28754 Property Records

Madison County property record for 197 Penny Ln, Mars Hill, NC 28754

Property Summary

Property Type	Single Family Home
Details	4 ba · 3,428 sqft · built 2007
Lot Size	0.96 acres (41,818 sqft)
Owner	Individual Name on File
Last Sale	$670,000 (Apr 2023)
Tax Bill	$3,517 (2025)
Deeds & Mortgages	Apr 2023 Sale Mar 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`9851-96-3161`

Property Details

APN / Parcel Number

Primary APN	`9851-96-3161`
Alternative APNs	`9851963161 0022358` `22358`

Interior

Full Baths	4 Baths
Plumbing Fixtures	12 Plumbing Fixtures
Stories	1 Story
Building Area	3,428 sqft Heated Area
1st Floor Area	1,378 sqft
Basement Area	1,714 sqft
Finished Basement	1,714 sqft
Flooring	Softwood
Interior Walls	Log
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2007
Exterior Material	Logs
Construction Type	Wood
Foundation Type	Footing
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	41,818 sqft (0.96 acres)
Porch	Slab
Porch Area	60 sqft
Deck Area	84 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	197 PENNY LN
City	MARS HILL
State	NC
Zip	28754-9307
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-2
Legal Description	WOLFS RIDGE LO:14 PL:5-289
Legal Subdivision	WOLF S RIDGE
Legal Block	96
Legal Lot Number	14
Jurisdiction	MADISON NC
Township / Civil Division	7, EBBS CHAPEL
Census Block Group	1
Census Block	1025
Census Tract	10100

Owner

197 Penny Ln is owned by an individual who bought it in April 2023.

Source: Madison County records, as of April 28, 2026

Owner of Record	Individual Name on File
Mailing Address	2571 S ZELLNER DR, INVERNESS, FL 34450-6220
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
Apr 20, 2023	Warranty Deed, Transfer
Mar 2, 2020	Warranty Deed, Transfer · Conventional Mortgage BEVERLY-HANKS MORTGAGE SERVICES INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 20, 2023 · Amount on File
Deed Sale	Apr 20, 2023 · Amount on File
Prior Sale	Mar 2, 2020 · Amount on File
Deed Document Number	2023350501
Deed Book / Page	771 / 96
Prior Transfer Date	Apr 9, 2015
Prior Transfer Doc	0005870653
Record Updated	Oct 29, 2026

April 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	Apr 20, 2023
Property Address	197 PENNY LN, MARS HILL, NC 28754-9307
Document Number	0007710096
Book / Page	771 / 96
Map Reference	MB 5 PG 289
Instrument Date	Apr 17, 2023
Instrument	350501
Transaction Type	Transfer
Record Updated	May 4, 2023

Transaction

Amount	Amount on Record
Tax	$1,340.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	97034 ARNOLD RIDGE DR, YULEE, FL 32097-5054

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	197 PENNY LN, MARS HILL, NC 28754-9307

March 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	Mar 2, 2020
Property Address	197 PENNY LN, MARS HILL, NC 28754-9307
Document Number	0006850277
Book / Page	685 / 277
Map Reference	MB 5 PG 289
Instrument Date	Feb 19, 2020
Instrument	335651
Transaction Type	Transfer
Record Updated	Nov 4, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$780.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	10466 SUNRISE LAKES BLVD APT 102, 10466, SUNRISE, FL 33322-5980

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	97034 ARNOLD RIDGE DR, YULEE, FL 32097-5054

Mortgage

Document Number	335652
Date	Mar 2, 2020
Instrument	335652

Lender

Name	BEVERLY-HANKS MORTGAGE SERVICES INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Mar 1, 2035

Tax Assessment & Valuation

The 2025 property tax bill for 197 Penny Ln was $3,517.

Source: Madison County assessment roll, as of April 28, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Madison County
Unified School District	Madison County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,517.00	$741,715 (-) Land $57,115 Building $684,600	$741,715 (-) Land $57,115 Building $684,600
2024	$3,517.00	$741,715 (+70.51%) Land $57,115 Building $684,600	$741,715 (+70.51%) Land $57,115 Building $684,600
2023		$434,986 Land $38,928 Building $396,058	$434,986 Land $38,928 Building $396,058

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

Flood

FEMA maps place 197 Penny Ln in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 2011.

Source: FEMA National Flood Hazard Layer, effective March 31, 2024 · 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	4 in force
Nearby Flood Claims	3 (2011–2012)
Claims Outside the SFHA	2 of 3
Most Recent Claim	Aug 2012 · other causes

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 197 Penny Ln is moderate, ranking above 48% of the US, with a 0.09% annual chance of wildfire.

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

Wildfire Risk	Moderate above 48% of the US · above 70% of North Carolina
Wildfire Likelihood	0.09% 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 6 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
Skyrunner Fixed Wireless	25 / 10

Cell Coverage

4G LTE (outdoors only), no 5G reported

Nearby Properties on Penny Ln

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