Easy one level living in this all brick home. Charm of yesteryear abounds with built in bookcase, quality hardwood flooring and wood burning fireplace. New roof 2019! All windows replaced 2012. No steps to separate laundry room. Almost 3/4 of an acre on corner of a cul-de-sac in bucolic setting near Lake Wheeler. Detached 2 car garage. Excellent location close to Yates Mill County Park, NC State Agricultural land and easy commute to 40 & 401. Great location and opportunity-make it yours before it is gone!
REDUCED $10,000!!SUPER LOCATION OFF HIGHLY SOUGHT AREA OF PENNY RD, NEAR LAKE WHEELER AND NC STATE/BELTLINE. HOME BEING SOLD AS IS. 3rd BEDROOM POSSIBILITIES IN THE FAMILY ROOM OR FRONT ENCLOSED PORCH AREA. NICE HARDWOOD FLOORS AND FIREPLACE, COVERED DECK, OUT BUILDINGS, SEE LISTING AGENT ABOUT WELL LOCATION.
Year
Property tax
Land + Additions
Assessment*
2025
$1,751 (+3.0%)
$108,000 + $162,662
$270,662
2024
$1,701 (+15.4%)
$108,000 + $162,662
$270,662
2023
$1,474 (+7.8%)
$108,000 + $162,662
$270,662
2022
$1,367 (+2.7%)
$75,600 + $110,895
$186,495
2021
$1,331 (+1.7%)
$75,600 + $110,895
$186,495
2020
$1,309 (−0.8%)
$75,600 + $110,895
$186,495
2019
$1,320 (+8.7%)
$75,600 + $110,895
$186,495
2018
$1,214 (+5.4%)
$72,000 + $87,151
$159,151
2017
$1,152 (+2.1%)
$72,000 + $87,151
$159,151
2016
$1,128 (+4.1%)
$72,000 + $87,151
$159,151
2015
$1,084 (+5.4%)
$72,000 + $87,151
$159,151
2014
$1,028 (+6.9%)
$67,500 + $85,815
$153,315
2013
$961 (+17.3%)
$67,500 + $85,815
$153,315
2012
$819 (+94.3%)
$67,500 + $62,685
$130,185
2011
$422
$67,500 + $62,685
$130,185
Tax history for 5416 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,751 (+3.0%)
$108,000 + $162,662
$270,662
2024
$1,701 (+15.4%)
$108,000 + $162,662
$270,662
2023
$1,474 (+7.8%)
$108,000 + $162,662
$270,662
2022
$1,367 (+2.7%)
$75,600 + $110,895
$186,495
2021
$1,331 (+1.7%)
$75,600 + $110,895
$186,495
2020
$1,309 (−0.8%)
$75,600 + $110,895
$186,495
2019
$1,320 (+8.7%)
$75,600 + $110,895
$186,495
2018
$1,214 (+5.4%)
$72,000 + $87,151
$159,151
2017
$1,152 (+2.1%)
$72,000 + $87,151
$159,151
2016
$1,128 (+4.1%)
$72,000 + $87,151
$159,151
2015
$1,084 (+5.4%)
$72,000 + $87,151
$159,151
2014
$1,028 (+6.9%)
$67,500 + $85,815
$153,315
2013
$961 (+17.3%)
$67,500 + $85,815
$153,315
2012
$819 (+94.3%)
$67,500 + $62,685
$130,185
2011
$422
$67,500 + $62,685
$130,185
*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
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.74 Acres
Year renovated
1960
Sq. Ft.
1,477
Year built
1954
Style
Single Family Residential
County
Wake County
APN
0781.04 93 8634 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 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.