5524 Penny Rd is a 1,610 square foot house on a 3.05 acre lot with 2 bathrooms. Based on Redfin's Raleigh data, we estimate the home's value is $606,802.
Single-familyProperty Type
1978Year Built
3.05 acresLot Size
$377Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$606,802
$10K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.9% higher than the average sale price ($471K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,931 (+3.0%)
$328,200 + $283,284
$611,484
2024
$3,817 (+11.4%)
$328,200 + $283,284
$611,484
2023
$3,428 (+7.9%)
$328,200 + $283,284
$611,484
2022
$3,177 (+2.8%)
$230,050 + $207,060
$437,110
2021
$3,092 (+1.7%)
$230,050 + $207,060
$437,110
2020
$3,040 (−7.3%)
$230,050 + $207,060
$437,110
2019
$3,280 (+8.8%)
$230,050 + $207,060
$437,110
2018
$3,015 (+5.5%)
$243,000 + $156,146
$399,146
2017
$2,858 (+2.1%)
$243,000 + $156,146
$399,146
2016
$2,800 (+15.0%)
$243,000 + $156,146
$399,146
2015
$2,434 (+5.5%)
$243,000 + $156,146
$399,146
2014
$2,308 (+7.1%)
$228,250 + $119,473
$347,723
2013
$2,155
$228,250 + $119,473
$347,723
2012
$2,155
$228,250 + $119,473
$347,723
2011
$2,155
$228,250 + $119,473
$347,723
Tax history for 5524 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,931 (+3.0%)
$328,200 + $283,284
$611,484
2024
$3,817 (+11.4%)
$328,200 + $283,284
$611,484
2023
$3,428 (+7.9%)
$328,200 + $283,284
$611,484
2022
$3,177 (+2.8%)
$230,050 + $207,060
$437,110
2021
$3,092 (+1.7%)
$230,050 + $207,060
$437,110
2020
$3,040 (−7.3%)
$230,050 + $207,060
$437,110
2019
$3,280 (+8.8%)
$230,050 + $207,060
$437,110
2018
$3,015 (+5.5%)
$243,000 + $156,146
$399,146
2017
$2,858 (+2.1%)
$243,000 + $156,146
$399,146
2016
$2,800 (+15.0%)
$243,000 + $156,146
$399,146
2015
$2,434 (+5.5%)
$243,000 + $156,146
$399,146
2014
$2,308 (+7.1%)
$228,250 + $119,473
$347,723
2013
$2,155
$228,250 + $119,473
$347,723
2012
$2,155
$228,250 + $119,473
$347,723
2011
$2,155
$228,250 + $119,473
$347,723
*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
Nov 13, 2024 • Final
Residential trade permit. plumbing, mechanical, or electrical
Replace all accessible ductwork serving the entire residential building.
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 Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
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: 6
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Conventional
Exterior Wall: Brick
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: PROPERTY/VICTOR F CLARK&LINDA
Living Sq. Ft: 1,610
Building Sq. Ft: 1,610
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: PENNY LD
Parking & Garage Information
Parking Type: Masonry Garage
Garage/Parking Sq. Ft: 1,160
Garage / Carport Type: Masonry
Lot Information
# of Buildings: 1
Land Sq. Ft: 132,858
Legal Lot Number: 1
Acres: 3.05
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: 2.0
Sq. Ft.: 1,610
Stories: 1.0
Lot Size: 3.05 acres
Style: Single Family Residential
Year Built: 1978
Year Renovated: 1978
County: Wake County
APN: 0781.04 93 0650 000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Yates Mill Elementary
Public PreK-5 • Assigned • 2.5mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.2mi
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
62% 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
$577,000 – $698,000
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