OFF MARKET

Off Market Aug 2016 for $110K

$628,819

Est. refi paymentEst. refi $600/mo

•

1,032

sq ft

705 Penn Rd, Raleigh, NC 27604

About this home

THE SELLER HAS ACCEPTED AN OFFER THAT IS PENDING SIGNATURE. Walk to Oakwood Park or St. Augustine's Univ. This vintage ranch needs your imagination and some sweat equity to restore its charm. Granted it needs a complete make over, but the potential and the location are well worth the effort. SOLD AS IS. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Single-familyProperty Type

1951Year Built

8,712 sq ftLot Size

$609Est. Price/Sq.Ft.

Listed by Lee St Peter • Carolina Real Estate Associate

Bought with Yolanda Smith • Keller Williams Realty

Redfin checked: 3 minutes ago

•Source:TMLS #2079578

Redfin Estimate

$628,819

$519K since sold in August 2016$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.5% higher than the average sale price ($554K) of 6 comparable homes.

SOLD AUG 5, 2026
$601,000
A
2 beds2 baths1,199 sq ft
626 Glascock St, Raleigh, NC 27604
SOLD JUL 6, 2026
$425,000
B
3 beds1 bath984 sq ft
708 Hamilton Rd, Raleigh, NC 27604
SOLD MAR 6, 2026
$655,000
C
3 beds2 baths1,567 sq ft
700 Tyler Rd, Raleigh, NC 27604
SOLD JUL 1, 2026
$642,000
D
3 beds2 baths1,359 sq ft
518 Holden St, Raleigh, NC 27604
SOLD FEB 24, 2026
$400,000
E
3 beds2 baths1,091 sq ft
2119 Milburnie Rd, Raleigh, NC 27610
SOLD MAY 26, 2026
$600,000
F
3 beds2 baths1,192 sq ft
214 Lafayette Rd, Raleigh, NC 27604

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Earn from this home

Sell

$521,640

Est. take-home

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Refinance

Est. cash available

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Rent

$2,675/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

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2522 Blackwolf Run Ln, Raleigh, NC 27604
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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
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See all

Provided by Redfin

Sale history for 705 Penn Rd

Date

Event

Price

TMLS #2079578

Aug 29, 2016

Sold

$110,000

$107/sq ft

Aug 29, 2016

Sold

$110,000

$107/sq ft

Aug 5, 2016

Pending

—

Jul 18, 2016

Listed

$77,500

$75/sq ft

Jul 15, 2016

Listed

$77,500

$75/sq ft

TMLS #1878895

May 28, 2013

Listing Removed

—

Mar 27, 2013

Pending

—

Mar 14, 2013

Listed

$101,000

$98/sq ft

Public Records

Jul 2, 2001

Sold

$77,000

$75/sq ft

TMLS #596211

May 30, 2001

Sold

$75,000

$73/sq ft

May 20, 2001

Listed

$87,500

$85/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,824 (+0.4%)

$300,000 + $709,487

$1,009,487

2024

$8,787 (+16.8%)

$300,000 + $709,487

$1,009,487

2023

$7,523 (+7.6%)

$300,000 + $709,487

$1,009,487

2022

$6,989 (+4.0%)

$180,000 + $508,303

$688,303

2021

$6,717 (+1.9%)

$180,000 + $508,303

$688,303

2020

$6,595 (+11.8%)

$180,000 + $508,303

$688,303

2019

$5,901 (+6.0%)

$180,000 + $508,303

$688,303

2018

$5,565 (+395.3%)

$108,000 + $399,483

$507,483

2017

$1,124 (−34.7%)

$108,000

2016

$1,721 (+37.4%)

$108,000 + $58,998

$166,998

2015

$1,253 (+5.4%)

$108,000 + $58,998

$166,998

2014

$1,189 (+6.9%)

$60,000 + $59,146

$119,146

2013

$1,112

$60,000 + $59,146

$119,146

2012

$1,112 (+1.0%)

$60,000 + $59,146

$119,146

2011

$1,101

$60,000 + $59,146

$119,146

Tax history for 705 Penn Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,824 (+0.4%)

$300,000 + $709,487

$1,009,487

2024

$8,787 (+16.8%)

$300,000 + $709,487

$1,009,487

2023

$7,523 (+7.6%)

$300,000 + $709,487

$1,009,487

2022

$6,989 (+4.0%)

$180,000 + $508,303

$688,303

2021

$6,717 (+1.9%)

$180,000 + $508,303

$688,303

2020

$6,595 (+11.8%)

$180,000 + $508,303

$688,303

2019

$5,901 (+6.0%)

$180,000 + $508,303

$688,303

2018

$5,565 (+395.3%)

$108,000 + $399,483

$507,483

2017

$1,124 (−34.7%)

$108,000

2016

$1,721 (+37.4%)

$108,000 + $58,998

$166,998

2015

$1,253 (+5.4%)

$108,000 + $58,998

$166,998

2014

$1,189 (+6.9%)

$60,000 + $59,146

$119,146

2013

$1,112

$60,000 + $59,146

$119,146

2012

$1,112 (+1.0%)

$60,000 + $59,146

$119,146

2011

$1,101

$60,000 + $59,146

$119,146

*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

3.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

2017

Sq. Ft.

2,956

Year built

2017

Style

Single Family Residential

County

Wake County

APN

1714.17 12 9039 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
Carport: Yes
Parking Features: Carport, Concrete, Driveway

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 2

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Electric Water Heater
Laundry Features: In Kitchen
Interior Features: Bathtub/Shower Combination, Eat-in Kitchen, Shower Only
Flooring: Carpet, Hardwood, Vinyl

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Asbestos, Masonite
Building Area Total: 1032.0
Structure Type: Site Built

Exterior Features
Exterior Features: Rain Gutters

Property information
Above Grade Finished Area: 1032.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Shed(s), Storage
Ownership Type: Other
Property Condition: Fixer

Lot Information
Lot Size Acres: 0.2
Lot Size Area: 0.2
Lot Size Dimensions: see plat
Lot Size Square Feet: 8712.0
Lot Size Units: Acres

Financial

Financial Information
Buyer Financing: Cash

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: I-440 to north on Rock Quarry Rd, continue on Tarboro St, to left on Oakwood Ave, to right on State St, to left on Penn Rd
Latitude: 35.788429
Longitude: -78.622581
Postal Code: 27604

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 2,956
Stories: 1.5
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 2017
Year Renovated: 2017
County: Wake County
APN: 1714.17 12 9039 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
In Kitchen

Listing Date Information
Contract Status Change Date: 2016-08-30
Photos Change Timestamp: 2023-09-15T16:41:26Z

Around this home

Schools

Conn Elementary

Public PreK-5 • Assigned • 0.5mi

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, 16 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

$598,000 – $724,000

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New listings for sale in 27604

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Home values near 705 Penn Rd

Data from public records.

Address	Redfin Estimate
704 Penn Rd, Raleigh, NC 2 Beds \| 1 Baths \| 823 Sq. Ft.	$419,992
712 Penn Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2328 Sq. Ft.	$859,011

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

Address	Redfin Estimate
713 Penn Rd, Raleigh, NC - Beds \| 1 Baths \| 1206 Sq. Ft.	$396,439
700 Penn Rd, Raleigh, NC - Beds \| 1 Baths \| 840 Sq. Ft.	$383,995

Property information provided by TMLS when last listed in 2016. 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 705 Penn Rd

Tax history for 705 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 705 Penn Rd

More real estate resources