55 Penny Ln, Mars Hill, NC 28754 Property Records

Madison County property record for 55 Penny Ln, Mars Hill, NC 28754

Property Summary

Property Type	Single Family Home
Details	2 ba · 2,880 sqft · built 2008
Lot Size	1.52 acres (66,211 sqft)
Owner	2 Individual Names on File
Last Sale	$730,040 (Sep 2023)
Tax Bill	$3,103 (2025)
Deeds & Mortgages	Sep 2023 Sale & Mortgage Apr 2017 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`9851-95-5937`

Property Details

APN / Parcel Number

Primary APN	`9851-95-5937`
Alternative APNs	`9851956967 0022412` `660695`

Interior

Full Baths	2 Baths
Plumbing Fixtures	6 Plumbing Fixtures
Stories	1 Story
Building Area	2,880 sqft Heated Area
1st Floor Area	1,152 sqft
Basement Area	1,152 sqft
Finished Basement	1,152 sqft
Flooring	Hardwood
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Exterior Material	Logs
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	66,211 sqft (1.52 acres)

Exterior Amenities

Porch	Slab
Porch Area	336 sqft
Deck Area	1,296 sqft
Shed	1 Shed
Shed Area	240 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Other

Location & Zoning

Street Address	55 PENNY LN
City	MARS HILL
State	NC
Zip	28754-0650
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-2
Legal Description	LO:67 & 68 PL:9-433
Legal Subdivision	WOLFS RIDGE AS SHOWN ON THAT PLAT
Legal Block	95
Legal Lot Number	67-68
Jurisdiction	MADISON NC
Township / Civil Division	7, EBBS CHAPEL
Census Block Group	1
Census Block	1025
Census Tract	10100

Owner

55 Penny Ln is owned and occupied by two individuals who bought it in September 2023.

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

Owner of Record	2 Individual Names on File
Mailing Address	55 PENNY LN, MARS HILL, NC 28754-0650
Occupancy	Owner Occupied
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
Sep 22, 2023	Warranty Deed, Transfer · VA Mortgage MORTGAGE RESEARCH CENTER LLC
Apr 13, 2017	Deed of Trust, Mortgage HERITAGE COMMUNITY BANK
Jun 28, 2022	Deed of Trust, Mortgage · Conventional Mortgage ALLY BANK
May 4, 2022	Warranty Deed, Transfer
Feb 9, 2021	Warranty Deed, Transfer CHICAGO TITLE COMPANY, CHICAGO TITLE INSURANCE CO
Nov 18, 2020	Warranty Deed, Transfer · Conventional Mortgage TRUIST BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 22, 2023 · Amount on File
Deed Sale	Sep 22, 2023 · Amount on File
Prior Sale	May 4, 2022 · Amount on File
Deed Document Number	2023352301
Deed Book / Page	780 / 530
Record Updated	Jun 8, 2026

September 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	Sep 22, 2023
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Document Number	0007800530
Book / Page	780 / 530
Map Reference	MB 9 PG 433
Instrument Date	Sep 21, 2023
Instrument	352301
Transaction Type	Transfer
Record Updated	Oct 6, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,460.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	845 SOUTHWOOD BLVD UNIT 1, 1, INCLINE VILLAGE, NV 89451-7417

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	55 PENNY LN, MARS HILL, NC 28754-0650

Mortgage

Document Number	0000352302
Date	Sep 22, 2023
Instrument	352302

Lender

Name	MORTGAGE RESEARCH CENTER LLC
Type	Mortgage Company

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Oct 1, 2053

April 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON NC
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Transaction Type	Mortgage
Record Updated	Aug 23, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0006280567
Date	Apr 13, 2017
Book Page	628/567

Lender

Name	HERITAGE COMMUNITY BANK
Type	Bank
Address	GREENEVILLE, TN 37745

Agreement

Amount	Amount on Record
Term	240 Months
Due	Apr 13, 2037

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MADISON NC
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Transaction Type	Mortgage
Record Updated	Aug 23, 2022
Title Company	WESTCOR LAND TITLE INS CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0007540053
Date	Jun 28, 2022
Book Page	754/53
Instrument	347339

Lender

Name	ALLY BANK
Type	Bank
Address	CHARLOTTE, NC 28202

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jul 1, 2052

May 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	May 4, 2022
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Document Number	0007490579
Book / Page	749 / 579
Map Reference	MB 9 PG 433
Instrument Date	Apr 28, 2022
Instrument	346594
Transaction Type	Transfer
Record Updated	Aug 23, 2022

Transaction

Amount	Amount on Record
Tax	$1,550.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	38 NICHOLSON ST, 38, CHARLESTON, SC 29407-7331

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	55 PENNY LN, MARS HILL, NC 28754-0650

February 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	Feb 9, 2021
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Document Number	0007120268
Book / Page	712 / 268
Map Reference	MB 5 PG 289
Instrument Date	Jan 13, 2021
Instrument	340100
Transaction Type	Transfer
Record Updated	Aug 23, 2022
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INSURANCE CO

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	38 NICHOLSON ST, CHARLESTON, SC 29407-7331

November 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MADISON NC
Recording Date	Nov 18, 2020
Property Address	55 PENNY LN, MARS HILL, NC 28754-0650
Document Number	0007050066
Book / Page	705 / 66
Map Reference	PL 04-071
Instrument Date	Nov 6, 2020
Instrument	338944
Transaction Type	Transfer
Record Updated	Aug 23, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$830.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1101 SW 21ST ST, 1101, FORT LAUDERDALE, FL 33315-2421

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	38 NICHOLSON ST, CHARLESTON, SC 29407-7331

Mortgage

Document Number	0000338945
Date	Nov 18, 2020
Instrument	338945

Lender

Name	TRUIST BANK
Type	Bank

Agreement

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

Tax Assessment & Valuation

The 2025 property tax bill for 55 Penny Ln was $3,103.

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	$3,103.00	$649,603 Land $149,568 Building $500,035	$649,603 Land $149,568 Building $500,035
2023		$416,829 (-) Land $126,821 Building $290,008	$416,829 (-) Land $126,821 Building $290,008
2022		$416,829 Land $126,821 Building $290,008	$416,829 Land $126,821 Building $290,008

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

Flood

FEMA maps place 55 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 55 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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