OFF MARKET

Off market nov 2019 for $565K

$919,687

Est. refi paymentEst. refi $3,868/mo

•

4,100

sq ft

5820 Penny Rd, Raleigh, NC 27606

About this home

Wow! No city taxes or HOA fees in great location. Access to everything. Custom built. All formal areas, dining & living rms. Huge kitchen w/ custom cabinets, loads of counter space, breakfast bar, sunny morning rm over looking private backyard. Family rm w/ a masonry FP. Sun room. 1st floor master suite w/ champagne bath. 1st floor 2nd bedrm. Upstairs features large bonus rm w/ wet bar & 2 bedrms. 3 full baths. A detached 1850 sqft workshop w/ full kitchen, water & electricity, 2 bays + 2nd flr. 2 acre lot!

Single-familyProperty Type

1993Year Built

2 acresLot Size

$224Est. Price/Sq.Ft.

2 car garageParking

Listed by Wanda Burns-Ramsey • Coldwell Banker HPW

Listed by Jordan Ramsey • Coldwell Banker HPW

Bought with Brian Wolborsky • Howard Hanna Allen Tate Raleigh Falls of Neuse

Redfin checked: a few seconds ago

•Source:TMLS #2255827

Redfin Estimate

$919,687

$355K since sold in November 2019$23K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.1% lower than the average sale price ($1.05M) of 6 comparable homes.

SOLD SEP 23, 2026
$815,000
A
4 beds3 baths2,995 sq ft
4705 Carolton Dr, Raleigh, NC 27606
SOLD JUN 11, 2026
$730,000
B
4 beds3 baths3,102 sq ft
2440 Millstone Harbour Dr, Raleigh, NC 27603
SOLD FEB 9, 2026
$825,000
C
4 beds3 baths4,200 sq ft
1900 High Oaks Ln, Raleigh, NC 27606
SOLD AUG 21, 2026
$865,000
D
4 beds3.5 baths3,116 sq ft
2128 Beneventum Ct, Raleigh, NC 27606
SOLD JUN 17, 2026
$2,330,000
E
3 beds3.5 baths4,556 sq ft
6205 View Water Dr, Raleigh, NC 27606
SOLD SEP 24, 2026
$715,000
F
3 beds3 baths3,218 sq ft
4900 Kundinger Ct, Raleigh, NC 27606

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Earn from this home

Sell

$474,812

Est. take-home

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Refinance

Est. cash available

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Rent

$3,543/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

0.4% MoM

Median sale price

$471K

$6K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

128

9 MoM

New listings for sale

COMING SOON
$699,000
3 beds2.5 baths2,014 sq ft
7405 Holly Springs Rd, Raleigh, NC 27606
NEW 10 HRS AGO
$590,000
5 beds3.5 baths2,580 sq ft
861 Athens Dr #101, Raleigh, NC 27606
3D WALKTHROUGH
$850,000
3 beds2.5 baths2,761 sq ft
4925 Birchleaf Dr, Raleigh, NC 27606
3D WALKTHROUGH
$299,000
2 beds2.5 baths1,698 sq ft
2506 Bryarton Village Way, Raleigh, NC 27606
$575,000
4 beds2 baths2,049 sq ft
6909 Holly Springs Rd, Raleigh, NC 27606
$399,990
2 beds2 baths1,069 sq ft
7000 Holly Springs Rd, Raleigh, NC 27606
$344,500
3 beds2.5 baths1,552 sq ft
5121 Powell Townes Way, Raleigh, NC 27606
$190,000
2 beds1.5 baths1,056 sq ft
4703 Blue Bird Ct Unit F, Raleigh, NC 27606
3D WALKTHROUGH
$299,900
4 beds3.5 baths2,040 sq ft
1912 Fox Sterling Dr, Raleigh, NC 27606
$249,900
3 beds2 baths1,136 sq ft
4202 Kaplan Dr, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 5820 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,318 (+3.0%)

$210,720 + $617,591

$828,311

2024

$5,164 (+13.0%)

$210,720 + $617,591

$828,311

2023

$4,571 (+7.9%)

$210,720 + $617,591

$828,311

2022

$4,235 (+2.8%)

$154,200 + $429,466

$583,666

2021

$4,121 (+1.7%)

$154,200 + $429,466

$583,666

2020

$4,053 (+3.2%)

$154,200 + $429,466

$583,666

2019

$3,926 (+8.8%)

$154,200 + $429,466

$583,666

2018

$3,609 (+5.5%)

$144,800 + $333,466

$478,266

2017

$3,420 (+2.1%)

$144,800 + $333,466

$478,266

2016

$3,351 (−2.4%)

$144,800 + $333,466

$478,266

2015

$3,432 (+5.5%)

$144,800 + $333,466

$478,266

2014

$3,253 (+7.1%)

$153,000 + $338,396

$491,396

2013

$3,037

$153,000 + $338,396

$491,396

2012

$3,037

$153,000 + $338,396

$491,396

2011

$3,037

$153,000 + $338,396

$491,396

Tax history for 5820 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,318 (+3.0%)

$210,720 + $617,591

$828,311

2024

$5,164 (+13.0%)

$210,720 + $617,591

$828,311

2023

$4,571 (+7.9%)

$210,720 + $617,591

$828,311

2022

$4,235 (+2.8%)

$154,200 + $429,466

$583,666

2021

$4,121 (+1.7%)

$154,200 + $429,466

$583,666

2020

$4,053 (+3.2%)

$154,200 + $429,466

$583,666

2019

$3,926 (+8.8%)

$154,200 + $429,466

$583,666

2018

$3,609 (+5.5%)

$144,800 + $333,466

$478,266

2017

$3,420 (+2.1%)

$144,800 + $333,466

$478,266

2016

$3,351 (−2.4%)

$144,800 + $333,466

$478,266

2015

$3,432 (+5.5%)

$144,800 + $333,466

$478,266

2014

$3,253 (+7.1%)

$153,000 + $338,396

$491,396

2013

$3,037

$153,000 + $338,396

$491,396

2012

$3,037

$153,000 + $338,396

$491,396

2011

$3,037

$153,000 + $338,396

$491,396

*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

1.5

Lot width

—

Lot depth

—

Lot size

2.08 Acres

Year renovated

1993

Sq. Ft.

3,866

Year built

1993

Style

Single Family Residential

County

Wake County

APN

0781.04 63 9558 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.

Permitted uses

Include but are not limited to:

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

Oct 18, 2024 • Final

Residential alteration

Perform electrical and plumbing work to convert an existing finished second floor area into a bedroom, bathroom, sitting room, and bar area with a sink, dishwasher, and refrigerator. Install exterior stairs for access and convert an existing bedroom into a laundry room and closet. No cooking appliances are to be installed.

ADU

Electrical

Plumbing

Remodel

Oct 17, 2023 • Final

Residential hvac or water heater replacement

Remove and replace a 3.5 ton heat pump and gas furnace with a new 3.5 ton heat pump and gas furnace. The units are located in the attic and outside and serve the first floor.

HVAC

Plumbing

Water heater

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, Workshop in Garage

Interior

Bathroom Information
Bathrooms Full: 3

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater
Window Features: Skylight(s), Storm Window(s)
Laundry Features: Laundry Room, Main Level
Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Pantry, Primary Downstairs, Separate Shower, Shower Only, Walk-In Closet(s), Walk-In Shower
Fireplace: Yes
Fireplace Features: Family Room, Gas Log, Masonry
Fireplaces Total: 1
Flooring: Carpet, Laminate

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Brick
Building Area Total: 4100.0
Structure Type: Site Built

Property information
Above Grade Finished Area: 4100.0
Below Grade Finished Area: 0.0
Levels: Two
Other Structures: Workshop
Ownership Type: Other

Lot Information
Lot Size Acres: 2.0
Lot Size Area: 2.0
Lot Size Dimensions: 312x224x168x158x33x266
Lot Size Square Feet: 87120.0
Lot Size Units: Acres
Zoning: Res

Financial

Tax Information
Tax Annual Amount: 3609.0

Financial Information
Buyer Financing: Cash

Utilities

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

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Propane
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: No
Association Name: NONE
Association Name: NONE
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: Wake - Cedar Fork
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: Lake Wheeler Road, right on Penny Road, Home is on the the right.
Latitude: 35.710292
Longitude: -78.707107
Postal Code: 27606

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,866
Stories: 1.5
Lot Size: 2.08 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: 1993
County: Wake County
APN: 0781.04 63 9558 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2019-11-07
Documents Change Timestamp: 2024-06-17T23:08:53.000Z

Around this home

Schools

Yates Mill Elementary

Public PreK-5 • Assigned • 2.3mi

7/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.1mi

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

65% 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)

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

$874,000 – $1.06M

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New listings for sale in 27606

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NEW 10 HRS AGO

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5 beds3.5 baths2,580 sq ft

861 Athens Dr #101, Raleigh, NC 27606

3D WALKTHROUGH

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3D WALKTHROUGH

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2506 Bryarton Village Way, Raleigh, NC 27606

$575,000

4 beds2 baths2,049 sq ft

6909 Holly Springs Rd, Raleigh, NC 27606

$399,990

2 beds2 baths1,069 sq ft

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Home values near 5820 Penny Rd

Data from public records.

Address	Redfin Estimate
5817 Penny Road, Raleigh, NC 2 Beds \| 1.5 Baths \| 964 Sq. Ft.	$285,721
5917 Penny Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2460 Sq. Ft.	$686,414

Address	Redfin Estimate
5809 Penny Road, Raleigh, NC - Beds \| 1 Baths \| 972 Sq. Ft.	$306,891
6001 Penny Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2145 Sq. Ft.	$479,293

Address	Redfin Estimate
5901 Penny Road, Raleigh, NC 1 Beds \| 1 Baths \| 805 Sq. Ft.	$256,951
5909 Penny Road, Raleigh, NC - Beds \| 3.5 Baths \| 3315 Sq. Ft.	$593,639

Property information provided by TMLS when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5820 Penny Rd

Tax history for 5820 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 5820 Penny Rd

More real estate resources