OFF MARKET

Off Market May 2013 for $165K

$419,992

Est. refi paymentEst. refi $1,089/mo

•

823

sq ft

704 Penn Rd, Raleigh, NC 27604

About this home

Single-familyProperty Type

1951Year Built

7,405 sq ftLot Size

$510Est. Price/Sq.Ft.

Listed by Chip Edwards • Howard Hanna Allen Tate Raleigh Glenwood

Bought with Peter Rumsey • Howard Hanna Allen Tate Raleigh Glenwood

Redfin checked: 2 minutes ago

•Source:TMLS #1881305

Redfin Estimate

$419,992

$255K since sold in May 2013$25K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.8% lower than the average sale price ($499K) of 6 comparable homes.

SOLD JUL 6, 2026
$425,000
A
3 beds1 bath984 sq ft
708 Hamilton Rd, Raleigh, NC 27604
SOLD AUG 12, 2026
$435,000
B
2 beds1 bath876 sq ft
1229 Norris St, Raleigh, NC 27604
SOLD AUG 5, 2026
$601,000
C
2 beds2 baths1,199 sq ft
626 Glascock St, Raleigh, NC 27604
SOLD JUL 1, 2026
$642,000
D
3 beds2 baths1,359 sq ft
518 Holden St, Raleigh, NC 27604
SOLD JUL 14, 2026
$390,000
E
2 beds1 bath718 sq ft
311 Seawell Ave, Raleigh, NC 27601
SOLD AUG 12, 2026
$500,000
F
2 beds2 baths996 sq ft
1102 Oakwood Ave, Raleigh, NC 27601

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Earn from this home

Sell

$301,800

Est. take-home

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Refinance

Est. cash available

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Rent

$1,603/mo

Redfin rental estimate

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Market trends in 27604, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

0.4% MoM

Median sale price

$350K

$3K MoM

Avg. days on market

40d

6 days MoM

Recently sold homes

163

20 MoM

New listings for sale

NEW 24 HRS AGO
$224,417
3 beds2.5 baths1,661 sq ft
4658 Grinding Stone Dr, Raleigh, NC 27604
$280,999
2 beds2.5 baths1,165 sq ft
2522 Blackwolf Run Ln, Raleigh, NC 27604
$259,000
2 beds2 baths1,656 sq ft
3602 Top Of The Pines Ct, Raleigh, NC 27604
$300,000
3 beds2 baths1,504 sq ft
4117 Willow Oak Rd, Raleigh, NC 27604
$274,900
3 beds2.5 baths1,489 sq ft
2537 Blackwolf Run Ln, Raleigh, NC 27604
3D WALKTHROUGH
$375,000
4 beds2.5 baths1,950 sq ft
3512 Neptune Dr, Raleigh, NC 27604
$435,000
4 beds2.5 baths2,352 sq ft
1521 Arapahoe Ridge Dr, Raleigh, NC 27604
$389,900
3 beds2 baths1,352 sq ft
3309 Ashby Pl, Raleigh, NC 27604
$420,000
4 beds2.5 baths2,760 sq ft
3710 Charleston Park Dr, Raleigh, NC 27604
$564,900
3 beds1 bath1,205 sq ft
2110 Woodview Dr, Raleigh, NC 27604
See all

Provided by Redfin

Sale history for 704 Penn Rd

Date

Event

Price

TMLS #1881305

May 31, 2013

Sold

$165,000

$200/sq ft

May 31, 2013

Sold

$165,000

$200/sq ft

Apr 2, 2013

Contingent

—

Mar 26, 2013

Listed

$169,500

$206/sq ft

Mar 26, 2013

Listed

$169,500

$206/sq ft

TMLS #981520

Sep 29, 2008

Sold

$162,500

$197/sq ft

Sep 22, 2008

Listing Removed

—

Feb 4, 2008

Listed

$167,500

$204/sq ft

Public Records

May 4, 2007

Sold

$173,000

$210/sq ft

Public Records

Jan 5, 2007

Sold

$59,000

$72/sq ft

TMLS #888850

Jan 5, 2007

Sold

$58,250

$71/sq ft

Sep 20, 2006

Listing Removed

—

Sep 16, 2006

Listed

$75,000

$91/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,600 (+0.4%)

$300,000 + $110,489

$410,489

2024

$3,585 (+15.8%)

$300,000 + $110,489

$410,489

2023

$3,097 (+7.6%)

$300,000 + $110,489

$410,489

2022

$2,878 (+4.0%)

$180,000 + $102,250

$282,250

2021

$2,766 (+1.8%)

$180,000 + $102,250

$282,250

2020

$2,716 (+29.5%)

$180,000 + $102,250

$282,250

2019

$2,097 (+6.0%)

$180,000 + $102,250

$282,250

2018

$1,978 (+5.0%)

$108,000 + $71,229

$179,229

2017

$1,885 (+2.1%)

$108,000 + $71,229

$179,229

2016

$1,845 (+2.8%)

$108,000 + $71,229

$179,229

2015

$1,794 (+5.4%)

$108,000 + $71,229

$179,229

2014

$1,702 (+7.0%)

$80,000 + $91,331

$171,331

2013

$1,590

$80,000 + $91,331

$171,331

2012

$1,590 (+1.0%)

$80,000 + $91,331

$171,331

2011

$1,575

$80,000 + $91,331

$171,331

Tax history for 704 Penn Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,600 (+0.4%)

$300,000 + $110,489

$410,489

2024

$3,585 (+15.8%)

$300,000 + $110,489

$410,489

2023

$3,097 (+7.6%)

$300,000 + $110,489

$410,489

2022

$2,878 (+4.0%)

$180,000 + $102,250

$282,250

2021

$2,766 (+1.8%)

$180,000 + $102,250

$282,250

2020

$2,716 (+29.5%)

$180,000 + $102,250

$282,250

2019

$2,097 (+6.0%)

$180,000 + $102,250

$282,250

2018

$1,978 (+5.0%)

$108,000 + $71,229

$179,229

2017

$1,885 (+2.1%)

$108,000 + $71,229

$179,229

2016

$1,845 (+2.8%)

$108,000 + $71,229

$179,229

2015

$1,794 (+5.4%)

$108,000 + $71,229

$179,229

2014

$1,702 (+7.0%)

$80,000 + $91,331

$171,331

2013

$1,590

$80,000 + $91,331

$171,331

2012

$1,590 (+1.0%)

$80,000 + $91,331

$171,331

2011

$1,575

$80,000 + $91,331

$171,331

*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

Stories

Lot width

—

Lot depth

—

Lot size

7,405 Sq. Ft.

Year renovated

1981

Sq. Ft.

840

Year built

1951

Style

Single Family Residential

County

Wake County

APN

1714.17 11 8951 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-10

NCOD

Residential-10 District

R-10 allows single-unit living in a detached house, or tiny house, and twounit living in an attached house or townhouse or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse or apartment. Smaller minimum lot sizes are permitted as part of a compact development.; Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space. Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, and allowed uses may be modified for the R- 10 district within the TOD overlay to enable transitoriented development.; R-10 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preservingcommon open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.

Zone overlays

Neighborhood Conservation District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space

Property details

Parking

Parking Information
Parking Features: Asphalt, Driveway

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 1

Bedroom Information
Bedrooms Total: 2

Interior Features
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer Stacked
Window Features: Insulated Windows
Laundry Features: In Kitchen
Interior Features: Bathtub/Shower Combination, Eat-in Kitchen, Granite Counters, Living/Dining Room Combination
Flooring: Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement
Building Area Total: 823.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Porch
Exterior Features: Fenced Yard, Rain Gutters
Fencing: Privacy

Property information
Above Grade Finished Area: 823.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other

Lot Information
Lot Size Acres: 0.17
Lot Size Area: 0.17
Lot Size Dimensions: 60x124x60x126
Lot Size Square Feet: 7405.2
Lot Size Units: Acres

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown

School Information
Elementary School: Wake - Conn
Middle Or Junior School: Wake - Ligon
High School: Wake - Enloe

Location Information
County Or Parish: Wake
Directions: From Downtown, take Person St to Wake Forest Rd, turn Rt onto Glascock, right on Madison, left on Penn.
Latitude: 35.787945
Longitude: -78.622864
Postal Code: 27604

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 840
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1981
County: Wake County
APN: 1714.17 11 8951 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
In Kitchen

Listing Date Information
Contract Status Change Date: 2013-05-31

Around this home

Schools

Conn Elementary

Public PreK-5 • Assigned • 0.6mi

5/10

Ligon Middle

Public 6-8 • Assigned • 1.1mi

7/10

William G Enloe High

Public 9-12 • Assigned • 1.1mi

7/10

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 106° expected this year, 17 days in 30 years

6/10 Wind Factor

59% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27604

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 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$399,000 – $483,000

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New listings for sale in 27604

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$224,417

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4658 Grinding Stone Dr, Raleigh, NC 27604

$280,999

2 beds2.5 baths1,165 sq ft

2522 Blackwolf Run Ln, Raleigh, NC 27604

$259,000

2 beds2 baths1,656 sq ft

3602 Top Of The Pines Ct, Raleigh, NC 27604

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4117 Willow Oak Rd, Raleigh, NC 27604

$274,900

3 beds2.5 baths1,489 sq ft

2537 Blackwolf Run Ln, Raleigh, NC 27604

3D WALKTHROUGH

$375,000

4 beds2.5 baths1,950 sq ft

3512 Neptune Dr, Raleigh, NC 27604

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1521 Arapahoe Ridge Dr, Raleigh, NC 27604

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Home values near 704 Penn Rd

Data from public records.

Address	Redfin Estimate
715 Penn Road, Raleigh, NC 4 Beds \| 4.5 Baths \| 4268 Sq. Ft.	$1,390,416
708 Penn Road, Raleigh, NC 2 Beds \| 1 Baths \| 840 Sq. Ft.	$416,815

Address	Redfin Estimate
713 Penn Road, Raleigh, NC - Beds \| 1 Baths \| 1206 Sq. Ft.	$396,439
718 Penn Road, Raleigh, NC 2 Beds \| 1 Baths \| 851 Sq. Ft.	$399,089

Address	Redfin Estimate
712 Penn Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 2328 Sq. Ft.	$859,011
700 Penn Road, Raleigh, NC - Beds \| 1 Baths \| 840 Sq. Ft.	$383,995

Property information provided by TMLS when last listed in 2013. 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 27604, NC

Sale history for 704 Penn Rd

Tax history for 704 Penn Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27604

Home values near 704 Penn Rd

More real estate resources