5316 Penny Rd is a 2,955 square foot house on a 5.77 acre lot with 2.5 bathrooms. - it last sold on May 21, 2014 for $390,000. Based on Redfin's Raleigh data, we estimate the home's value is $851,670.
Single-familyProperty Type
1968Year Built
5.77 acresLot Size
$288Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$851,670
$462K since sold in May 2014$13K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 18.5% higher than the average sale price ($719K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Mar 24, 2025 • Final
Residential trade permit. plumbing, mechanical, or electrical
Replace a heat pump system and install a programmable thermostat. The air handling unit is located in the attic and the heat pump is at the rear of the house. This work excludes ductwork and serves the main floor.
HVAC
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
Interior
Basement Information
Basement Sq. Ft: 985
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Unknown With Part Basement
Building Style Type: Conventional
Exterior Wall: Brick
Roof Shape Type: Gable
Building Type: Single Family
Pool Information
Has Pool
Property Information
Subdivision Name: WILDWOOD SUB
Living Sq. Ft: 2,955
Building Sq. Ft: 2,955
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LO4-5 WILDWOOD SUB BM1941-28
Parking & Garage Information
Parking Type: Masonry Garage
Garage/Parking Sq. Ft: 323
Garage / Carport Type: Masonry
Lot Information
# of Buildings: 1
Land Sq. Ft: 251,341
Legal Lot Number: 4
Acres: 5.77
Zoning Code: R-40W
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,955
Stories: 1.0
Lot Size: 5.77 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Wake County
APN: 0791.03 04 2367 000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
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
56% 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
72
54
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
$810,000 – $980,000
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