OFF MARKET

Off market may 2015 for $255K

$505,398

Est. refi paymentEst. refi $1,717/mo

•

1,762

sq ft

5204 Penny Rd, Raleigh, NC 27606

About this home

Location! Beautiful country atmosphere within minutes of downtown Raleigh and Crossroads in Cary. This home is located between Lake Wheeler and Historic Yates Mill Park (walking trails). This very well maintained ranch offers a circular driveway, 2 car garage, 2 extra parking pads, storage area in the garage, fenced back yard, and an outbuilding. The Family Room has cathedral ceilings, and masonry fireplace with gas logs. Home offers a breakfast nook, formal dining, an office and large walk-in closets.

Single-familyProperty Type

1979Year Built

0.92 acresLot Size

$287Est. Price/Sq.Ft.

2 car garageParking

Listed by Connie Austin • For Sale Realty, Inc.

Listed by Derryck Sauls • For Sale Realty, Inc.

Bought with Connie Austin • For Sale Realty, Inc.

Redfin checked: a few seconds ago

•Source:TMLS #1995024

Redfin Estimate

$505,398

$250K since sold in May 2015$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.1% higher than the average sale price ($432K) of 6 comparable homes.

SOLD AUG 5, 2026
$612,500
A
3 beds2 baths1,772 sq ft
6016 Brass Lantern Ct, Raleigh, NC 27606
SOLD JUL 2, 2026
$360,000
B
3 beds2 baths1,495 sq ft
4708 Farmer Ln, Raleigh, NC 27606
SOLD JUL 30, 2026
$382,000
C
3 beds2.5 baths1,664 sq ft
5705 Timber Ln, Raleigh, NC 27606
SOLD APR 8, 2026
$415,000
D
3 beds2 baths1,507 sq ft
4308 Yates Mill Pond Rd, Raleigh, NC 27606
SOLD SEP 16, 2026
$465,000
E
3 beds2 baths1,634 sq ft
5112 Laurie Dr, Raleigh, NC 27606
SOLD JUL 7, 2026
$355,000
F
3 beds2 baths1,407 sq ft
5840 Fayetteville Rd, Raleigh, NC 27603

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Earn from this home

Sell

$322,303

Est. take-home

List your home with Redfin and save $5,054

Refinance

Est. cash available

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Rent

$2,345/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+0.5% MoM

Median sale price

$516K

$7K MoM

Avg. days on market

38d

2 days MoM

Recently sold homes

17 MoM

New listings for sale

NEW 24 HRS AGO
$735,900
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OPEN TODAY, 1PM TO 3PM
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3 beds2.5 baths2,095 sq ft
241 Kentigern Dr, Raleigh, NC 27606
$269,000
4 beds4 baths1,314 sq ft
1305 Kent Rd #102, Raleigh, NC 27606
$159,900
1 bed1 bath540 sq ft
3522 Ivy Commons Dr, Raleigh, NC 27606
$250,000
2 beds2 baths771 sq ft
1509 Gorman St, Raleigh, NC 27606
$155,000
1 bed1 bath540 sq ft
3517 Ivy Commons Dr #301, Raleigh, NC 27606
$450,000
3 beds2 baths1,458 sq ft
5848 Yates Mill Pond Rd, Raleigh, NC 27606
$200,000
2 beds1.5 baths1,100 sq ft
5520 Kaplan Dr Unit A, Raleigh, NC 27606
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OPEN TODAY, 2PM TO 4PM
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See all

Provided by Redfin

Sale history for 5204 Penny Rd

Date

Event

Price

TMLS #1995024

May 15, 2015

Sold

$255,000

$145/sq ft

May 8, 2015

Pending

—

Apr 15, 2015

Contingent

—

Apr 2, 2015

Price Changed

$259,900

$148/sq ft

Mar 13, 2015

Listed

$269,900

$153/sq ft

Mar 11, 2015

Listed

$259,900

$148/sq ft

Public Records

Oct 23, 1992

Sold

$120,000

$68/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,857 (+3.0%)

$120,000 + $323,494

$443,494

2024

$2,774 (+22.9%)

$120,000 + $323,494

$443,494

2023

$2,257 (+7.9%)

$120,000 + $323,494

$443,494

2022

$2,092 (+2.7%)

$84,000 + $202,890

$286,890

2021

$2,036 (+1.7%)

$84,000 + $202,890

$286,890

2020

$2,002 (−6.6%)

$84,000 + $202,890

$286,890

2019

$2,144 (+8.7%)

$84,000 + $202,890

$286,890

2018

$1,971 (+5.5%)

$99,000 + $161,030

$260,030

2017

$1,869 (+2.1%)

$99,000 + $161,030

$260,030

2016

$1,831 (+18.1%)

$99,000 + $161,030

$260,030

2015

$1,550 (+5.4%)

$99,000 + $161,030

$260,030

2014

$1,470 (+7.0%)

$80,000 + $140,444

$220,444

2013

$1,374

$80,000 + $140,444

$220,444

2012

$1,374

$80,000 + $140,444

$220,444

2011

$1,374

$80,000 + $140,444

$220,444

Tax history for 5204 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,857 (+3.0%)

$120,000 + $323,494

$443,494

2024

$2,774 (+22.9%)

$120,000 + $323,494

$443,494

2023

$2,257 (+7.9%)

$120,000 + $323,494

$443,494

2022

$2,092 (+2.7%)

$84,000 + $202,890

$286,890

2021

$2,036 (+1.7%)

$84,000 + $202,890

$286,890

2020

$2,002 (−6.6%)

$84,000 + $202,890

$286,890

2019

$2,144 (+8.7%)

$84,000 + $202,890

$286,890

2018

$1,971 (+5.5%)

$99,000 + $161,030

$260,030

2017

$1,869 (+2.1%)

$99,000 + $161,030

$260,030

2016

$1,831 (+18.1%)

$99,000 + $161,030

$260,030

2015

$1,550 (+5.4%)

$99,000 + $161,030

$260,030

2014

$1,470 (+7.0%)

$80,000 + $140,444

$220,444

2013

$1,374

$80,000 + $140,444

$220,444

2012

$1,374

$80,000 + $140,444

$220,444

2011

$1,374

$80,000 + $140,444

$220,444

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.92 Acres

Year renovated

1979

Sq. Ft.

1,764

Year built

1979

Style

Single Family Residential

County

Wake County

APN

0791.03 04 8394 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-40W

Residential-40 Watershed District

The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space

Aug 28, 2024 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Perform a service change to install a whole house generator.

Electrical

Generator

May 10, 2023 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Parking Features: Attached, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front

Interior

Bathroom Information
Bathrooms Full: 2

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Features: Laundry Room
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Pantry, Primary Downstairs, Storage, Walk-In Closet(s)
Fireplace: Yes
Fireplace Features: Family Room, Gas Log, Masonry
Fireplaces Total: 1
Flooring: Carpet, Ceramic Tile, Laminate

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Cedar
Building Area Total: 1762.0
Builder Name: Rufus Anderson
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Deck, Porch
Foundation Details: Brick/Mortar
Exterior Features: Fenced Yard, Rain Gutters

Property information
Accessibility Features: Accessible Washer/Dryer
Living Area: 1,762
Above Grade Finished Area: 1762.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Outbuilding
Ownership Type: Other

Lot Information
Lot Size Acres: 0.92
Lot Size Area: 0.92
Lot Size Dimensions: 151x273x152x259
Lot Size Square Feet: 40075.2
Lot Size Units: Acres

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air, Heat Pump
Cooling: Yes
Cooling Information: Central Air, Heat Pump

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown

School Information
Elementary School: Wake - Yates Mill
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: From I-40 take Lake Wheeler Road South turn Right at traffic signal onto Penny Road just beyond Historic Yates Mill Park. Travel approximately 1/2 mile and your new home is on the Right.
Latitude: 35.71236
Longitude: -78.693824
Postal Code: 27606
Road Frontage Type: Other

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,764
Stories: 1.0
Lot Size: 0.92 acres
Style: Single Family Residential
Year Built: 1979
Year Renovated: 1979
County: Wake County
APN: 0791.03 04 8394 000

Home facts updated by county records on Oct 30, 2026

Other

hidden custom fields
Laundry Room

Listing Date Information
Contract Status Change Date: 2015-05-15
Price Change Timestamp: 2015-05-15T16:05:47Z

Listing Price Information
Previous List Price: 269900.0

Around this home

Schools

K - 12
Preschool & daycare

Yates Mill Elementary

Public PreK-5 • Assigned • 2.6mi

7/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.3mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

58% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27606

Average low and high temperatures (°F)

49°

31°

55°

37°

70°

47°

77°

56°

79°

61°

90°

70°

92°

74°

83°

69°

81°

64°

70°

53°

66°

47°

54°

36°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$481,000 – $582,000

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New listings for sale in 27606

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Home values near 5204 Penny Rd

Data from public records.

Address	Redfin Estimate
5308 Penny Road, Raleigh, NC 3 Beds \| 1 Baths \| 992 Sq. Ft.	$280,122
5309 Penny Road, Raleigh, NC 4 Beds \| 2 Baths \| 2579 Sq. Ft.	$525,561
5200 Penny Road, Raleigh, NC - Beds \| 2 Baths \| 1602 Sq. Ft.	$422,376
5213 Penny Road, Raleigh, NC 4 Beds \| 3.5 Baths \| 3590 Sq. Ft.	$701,613
5105 Forest Creek Road, Raleigh, NC 3 Beds \| 3 Baths \| 3345 Sq. Ft.	$723,196
5117 Forest Creek Road, Raleigh, NC - Beds \| 2 Baths \| 1941 Sq. Ft.	$515,466
4908 Kundinger Court, Raleigh, NC - Beds \| 3 Baths \| 2836 Sq. Ft.	$677,621

Address	Redfin Estimate
5312 Penny Road, Raleigh, NC - Beds \| 2 Baths \| 1290 Sq. Ft.	$436,199
5305 Penny Road, Raleigh, NC - Beds \| - Baths \| 2016 Sq. Ft.	$509,852
5104 Penny Road, Raleigh, NC - Beds \| 2 Baths \| 1776 Sq. Ft.	$446,848
5113 Forest Creek Road, Raleigh, NC 3 Beds \| 3 Baths \| 2367 Sq. Ft.	$656,561
5112 Forest Creek Road, Raleigh, NC - Beds \| 2 Baths \| 1994 Sq. Ft.	$490,247
5101 Forest Creek Road, Raleigh, NC 4 Beds \| 3.5 Baths \| 2624 Sq. Ft.	$651,356
4901 Kundinger Court, Raleigh, NC - Beds \| 2.5 Baths \| 2880 Sq. Ft.	$652,183

Address	Redfin Estimate
5300 Penny Road, Raleigh, NC 2 Beds \| 1 Baths \| 800 Sq. Ft.	$299,578
5208 Penny Road, Raleigh, NC 3 Beds \| 2 Baths \| 1560 Sq. Ft.	$487,702
5217 Penny Road, Raleigh, NC - Beds \| 3 Baths \| 1550 Sq. Ft.	$492,598
5109 Forest Creek Road, Raleigh, NC - Beds \| 2.5 Baths \| 2675 Sq. Ft.	$600,022
5100 Forest Creek Road, Raleigh, NC - Beds \| 2.5 Baths \| 1848 Sq. Ft.	$444,038
5108 Forest Creek Road, Raleigh, NC 3 Beds \| 3 Baths \| 2652 Sq. Ft.	$690,254
4912 Kundinger Court, Raleigh, NC - Beds \| 3 Baths \| 2763 Sq. Ft.	$731,105

Property information provided by TMLS when last listed in 2015. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5204 Penny Rd

Tax history for 5204 Penny Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27606

Home values near 5204 Penny Rd

More real estate resources