Second round of renovation completed. Great location and a beautiful drive home. Amazing wooded lot 10 minutes from downtown. Includes NEW REAL OAK floors, New Carpet, New Toilets, New Granite, NEW STAINLESS appliances, New Hot water heater, Large garage w/ extra work space, Large office or game room above garage, Amazing wrap around front deck, huge back deck, 2 Fireplaces, Full basement over 1000 sqft. with kitchen/bar and full bath, tons of natural light. www. pennyroad. info Priced under tax value!!
Single-familyProperty Type
1985Year Built
0.92 acresLot Size
$195Est. Price/Sq.Ft.
2 car garageParking
Listed by Kyle Eckenrode• NCHomestead
Bought with The Living Local Team Lucas• RE/MAX United
NOW REDUCED TO SELL QUICKLY! Where else can you find a huge wooded lot, 2 wood burning fireplaces, and much more? A second kitchen in the basement makes it an apartment, a space to entertain, or a spot to exile surly teenagers! Veranda porch, water softener and many extras! Needs new paint, carpet; bring your imagination and make it truly yours! Home Warranty
Public Records
May 14, 2014
Sold
$199,500
$56/sq ft
Public Records
Nov 23, 2005
Sold
$290,000
$81/sq ft
TMLS #777256
Oct 17, 2005
Sold
$290,000
$81/sq ft
Sep 18, 2005
Listing Removed
—
Dec 14, 2004
Listed
$293,000
$82/sq ft
Beautifully maintained. Quiet wooded lot just 15 minutes from NC state, dntn Raleigh or Cary. Great house for lg family/entertaining. Only 1 mi from fishing/water skiing on Lake Wheeler. Finshed walk-out lower level apt/rec room w kitchen & bath. Large Bedrooms. Lots of built-ins. , solid surface counters, new appliances, heat pumps, well and paint.
TMLS #798921
May 20, 2005
Listing Removed
—
Apr 27, 2005
Listed
$319,900
$89/sq ft
TMLS #786270
Apr 27, 2005
Listing Removed
—
Feb 16, 2005
Listed
$319,900
$89/sq ft
TMLS #764074
Dec 13, 2004
Listing Removed
—
Sep 10, 2004
Listed
$329,900
$92/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,813 (+3.0%)
$180,500 + $412,485
$592,985
2024
$3,702 (+21.0%)
$180,500 + $412,485
$592,985
2023
$3,061 (+7.9%)
$180,500 + $391,116
$571,616
2022
$2,837 (+2.8%)
$102,000 + $288,030
$390,030
2021
$2,761 (+1.7%)
$102,000 + $288,030
$390,030
2020
$2,715 (+1.7%)
$102,000 + $288,030
$390,030
2019
$2,671 (+8.8%)
$102,000 + $288,030
$390,030
2018
$2,456 (+5.5%)
$91,800 + $232,773
$324,573
2017
$2,328 (+2.1%)
$91,800 + $232,773
$324,573
2016
$2,280 (−9.0%)
$91,800 + $232,773
$324,573
2015
$2,506 (+5.5%)
$91,800 + $232,773
$324,573
2014
$2,376 (+7.1%)
$115,000 + $243,059
$358,059
2013
$2,218
$115,000 + $243,059
$358,059
2012
$2,218
$115,000 + $243,059
$358,059
2011
$2,218
$115,000 + $243,059
$358,059
Tax history for 5213 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,813 (+3.0%)
$180,500 + $412,485
$592,985
2024
$3,702 (+21.0%)
$180,500 + $412,485
$592,985
2023
$3,061 (+7.9%)
$180,500 + $391,116
$571,616
2022
$2,837 (+2.8%)
$102,000 + $288,030
$390,030
2021
$2,761 (+1.7%)
$102,000 + $288,030
$390,030
2020
$2,715 (+1.7%)
$102,000 + $288,030
$390,030
2019
$2,671 (+8.8%)
$102,000 + $288,030
$390,030
2018
$2,456 (+5.5%)
$91,800 + $232,773
$324,573
2017
$2,328 (+2.1%)
$91,800 + $232,773
$324,573
2016
$2,280 (−9.0%)
$91,800 + $232,773
$324,573
2015
$2,506 (+5.5%)
$91,800 + $232,773
$324,573
2014
$2,376 (+7.1%)
$115,000 + $243,059
$358,059
2013
$2,218
$115,000 + $243,059
$358,059
2012
$2,218
$115,000 + $243,059
$358,059
2011
$2,218
$115,000 + $243,059
$358,059
*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
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.92 Acres
Year renovated
1985
Sq. Ft.
3,290
Year built
1985
Style
Single Family Residential
County
Wake County
APN
0791.03 14 0069 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
Nov 15, 2022 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Electrical
Pool and hot tub
Sep 8, 2022 • Final
Residential deck
Remove the existing deck and construct an expanded deck that includes a covered roof area.
Addition
Remodel
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
Garage: Yes
Garage Spaces: 2
Parking Features: Concrete, Driveway, Garage
Interior
Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 4
Interior Features
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Range Hood, Water Softener
Laundry Features: Laundry Room, Main Level
Interior Features: Apartment/Suite, Ceiling Fan(s), Kitchen/Dining Room Combination, Shower Only
Fireplace: Yes
Fireplace Features: Basement, Den, Family Room, Fireplace Screen, Great Room, Living Room, Sealed Combustion
Fireplaces Total: 2
Flooring: Carpet, Combination, Vinyl, Wood
Room Information
Apartment, Exterior Entry, Finished, Full, Heated
Exterior
Building Information
Construction Materials: Masonite
Building Area Total: 3590.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Covered, Deck, Porch
Property information
Above Grade Finished Area: 2590.0
Below Grade Finished Area: 1000.0
Levels: Multi/Split, Three Or More, Two
Ownership Type: Other
Lot Information
Lot Size Acres: 0.92
Lot Size Area: 0.92
Lot Size Dimensions: 144x179x264x234
Lot Size Square Feet: 40075.2
Lot Size Units: Acres
Zoning: R-40W
Financial
Tax Information
Tax Annual Amount: 2376.0
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Utilities: Cable Available
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Electric, Zoned
Cooling: Yes
Cooling Information: Zoned
Location
HOA Information
Association: No
Association Name: na
Association Name: na
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown
School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools
Location Information
County Or Parish: Wake
Directions: South Lake wheeler, Right on Penny rd, House is on the left.
Latitude: 35.711666
Longitude: -78.693222
Postal Code: 27606
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 3,290
Stories: 2.0
Lot Size: 0.92 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: 1985
County: Wake County
APN: 0791.03 14 0069 000
Home facts updated by county records on Oct 30, 2026
Other
hidden custom fields
Laundry Room, Main Level
Listing Date Information
Contract Status Change Date: 2015-06-23
Price Change Timestamp: 2015-06-23T20:11:50.000Z
Listing Price Information
Previous List Price: 350000.0
Around this home
Schools
K - 12
Preschool & daycare
Yates Mill Elementary
Public PreK-5 • Assigned • 2.7mi
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
61% 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
$667,000 – $807,000
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