OFF MARKET

Off Market Oct 2018 for $355K

$513,310

Est. refi paymentEst. refi $2,366/mo

•

1,290

sq ft

706 Penn Rd, Raleigh, NC 27604

About this home

WANT TO LIVE IN ONE OF RALEIGH'S FASTEST GROWING AREAS JUST MINUTES FROM ALL PERSON ST HAS TO OFFER? This convenient and well maintained home has 3 bedrooms and 1.5 baths. Original hardwoods, ceramic tile and brand new carpet throughout. Beautiful kitchen boasts stainless appliances plus granite countertops. Rare and wonderful wood burning fireplace in family room. Baths offer updated tile and fixtures. Spacious larger fenced backyard with detached storage shed.

Single-familyProperty Type

1951Year Built

7,840 sq ftLot Size

$398Est. Price/Sq.Ft.

Listed by Bradley Murray • Murray Real Estate Group, LLC

Bought with The Janice Rosenberg Team Rosenberg • RE/MAX United

Redfin checked: a few seconds ago

•Source:TMLS #2209939

Redfin Estimate

$513,310

$158K since sold in October 2018$9,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5% higher than the average sale price ($489K) of 6 comparable homes.

SOLD JUL 6, 2026
$425,000
A
3 beds1 bath984 sq ft
708 Hamilton Rd, Raleigh, NC 27604
SOLD SEP 4, 2026
$355,000
B
3 beds2 baths1,226 sq ft
1420 E Lane St, Raleigh, NC 27610
SOLD APR 30, 2026
$610,000
C
3 beds2 baths1,303 sq ft
1802 Bennett St, Raleigh, NC 27604
SOLD MAR 6, 2026
$655,000
D
3 beds2 baths1,567 sq ft
700 Tyler Rd, Raleigh, NC 27604
SOLD AUG 5, 2026
$601,000
E
2 beds2 baths1,199 sq ft
626 Glascock St, Raleigh, NC 27604
SOLD SEP 4, 2026
$287,000
F
4 beds2 baths1,260 sq ft
2127 Milburnie Rd, Raleigh, NC 27610

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Earn from this home

Sell

$243,761

Est. take-home

List your home with Redfin and save $5,133

Refinance

Est. cash available

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Rent

$1,983/mo

Redfin rental estimate

List your home for rent

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

OPEN SAT, 1PM TO 3PM
$386,000
2 beds2.5 baths1,117 sq ft
1406 Governors Ct, Raleigh, NC 27604
$415,000
4 beds2 baths2,301 sq ft
2909 Glade Aster Ct, Raleigh, NC 27604
3D WALKTHROUGH
$365,000
Studio2 baths1,741 sq ft
1920 Jupiter Hills Ct, Raleigh, NC 27604
$205,000
2 beds2.5 baths1,065 sq ft
2341 Turtle Point Dr, Raleigh, NC 27604
OPEN SAT, 11AM TO 1PM
$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
See all

Provided by Redfin

Sale history for 706 Penn Rd

Date

Event

Price

TMLS #2209939

Oct 2, 2018

Sold

$355,000

$275/sq ft

Sep 20, 2018

Pending

—

Aug 19, 2018

Contingent

—

Aug 16, 2018

Listed

$345,000

$267/sq ft

TMLS #1916402

Jan 21, 2014

Sold

$235,000

$182/sq ft

Jan 21, 2014

Sold

$235,000

$182/sq ft

Nov 26, 2013

Contingent

—

Nov 8, 2013

Price Changed

$239,000

$185/sq ft

Oct 27, 2013

Price Changed

$240,000

$186/sq ft

Oct 18, 2013

Listed

$248,000

$192/sq ft

Oct 18, 2013

Listed

$239,000

$185/sq ft

+13

TMLS #1000882

Jul 7, 2008

Sold

$227,000

$176/sq ft

May 2, 2008

Listed

$229,900

$178/sq ft

TMLS #1000686

May 2, 2008

Listing Removed

—

May 2, 2008

Listed

$239,900

$186/sq ft

TMLS #994557

May 1, 2008

Listing Removed

—

Apr 3, 2008

Listed

$239,900

$186/sq ft

TMLS #974552

Apr 3, 2008

Listing Removed

—

Jan 2, 2008

Listed

$255,000

$198/sq ft

TMLS #966058

Feb 27, 2008

Listing Removed

—

Nov 2, 2007

Listed

$269,900

$209/sq ft

TMLS #942947

Aug 8, 2007

Sold

$90,000

$70/sq ft

Jul 17, 2007

Listing Removed

—

Jul 8, 2007

Listed

$68,500

$53/sq ft

Public Records

Jun 25, 1991

Sold

$50,000

$39/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,332 (+0.4%)

$300,000 + $194,391

$494,391

2024

$4,314 (+16.2%)

$300,000 + $194,391

$494,391

2023

$3,713 (+7.6%)

$300,000 + $194,391

$494,391

2022

$3,451 (+4.0%)

$180,000 + $158,849

$338,849

2021

$3,317 (+1.9%)

$180,000 + $158,849

$338,849

2020

$3,257 (+18.3%)

$180,000 + $158,849

$338,849

2019

$2,754 (+6.0%)

$180,000 + $158,849

$338,849

2018

$2,598 (+5.0%)

$108,000 + $127,911

$235,911

2017

$2,474 (+2.1%)

$108,000 + $127,911

$235,911

2016

$2,423 (+18.0%)

$108,000 + $127,911

$235,911

2015

$2,054 (+5.4%)

$108,000 + $127,911

$235,911

2014

$1,948 (+7.0%)

$80,000 + $116,437

$196,437

2013

$1,821

$80,000 + $116,437

$196,437

2012

$1,821 (+1.0%)

$80,000 + $116,437

$196,437

2011

$1,803

$80,000 + $116,437

$196,437

Tax history for 706 Penn Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,332 (+0.4%)

$300,000 + $194,391

$494,391

2024

$4,314 (+16.2%)

$300,000 + $194,391

$494,391

2023

$3,713 (+7.6%)

$300,000 + $194,391

$494,391

2022

$3,451 (+4.0%)

$180,000 + $158,849

$338,849

2021

$3,317 (+1.9%)

$180,000 + $158,849

$338,849

2020

$3,257 (+18.3%)

$180,000 + $158,849

$338,849

2019

$2,754 (+6.0%)

$180,000 + $158,849

$338,849

2018

$2,598 (+5.0%)

$108,000 + $127,911

$235,911

2017

$2,474 (+2.1%)

$108,000 + $127,911

$235,911

2016

$2,423 (+18.0%)

$108,000 + $127,911

$235,911

2015

$2,054 (+5.4%)

$108,000 + $127,911

$235,911

2014

$1,948 (+7.0%)

$80,000 + $116,437

$196,437

2013

$1,821

$80,000 + $116,437

$196,437

2012

$1,821 (+1.0%)

$80,000 + $116,437

$196,437

2011

$1,803

$80,000 + $116,437

$196,437

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

7,841 Sq. Ft.

Year renovated

2001

Sq. Ft.

1,290

Year built

1951

Style

Single Family Residential

County

Wake County

APN

1714.17 11 9900 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

Oct 5, 2023 • Final

Residential electrical service upgrade

Relocate the electrical service in preparation for a future addition.

Addition

Electrical

Sep 20, 2022 • Final

Residential change out hvac

Replace the gas package unit.

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

Parking

Parking Information
Parking Features: Driveway, Gravel

Interior

Bathroom Information
Bathrooms Full: 1
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave
Window Features: Insulated Windows
Laundry Features: In Kitchen, Laundry Closet, Main Level
Interior Features: Eat-in Kitchen, Entrance Foyer, Shower Only
Fireplace: Yes
Fireplace Features: Family Room, Wood Burning
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Aluminum Siding, Fiber Cement
Building Area Total: 1290.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Porch

Property information
Above Grade Finished Area: 1290.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other

Lot Information
Lot Size Acres: 0.18
Lot Size Area: 0.18
Lot Size Dimensions: 60x126x60x129
Lot Size Square Feet: 7840.8
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 2597.0

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: Wake Forest Road to Glascock. Cross over Brookside, then right on Madison Road, left on Penn.
Latitude: 35.787926
Longitude: -78.622661
Postal Code: 27604

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 1,290
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 2001
County: Wake County
APN: 1714.17 11 9900 000

Home facts updated by county records on Aug 10, 2026

Other

hidden custom fields
In Kitchen, Laundry Closet, Main Level

Listing Date Information
Contract Status Change Date: 2018-10-02
Documents Change Timestamp: 2024-06-18T00:24:43.000Z

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

$488,000 – $591,000

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Home values near 706 Penn Rd

Data from public records.

Address	Redfin Estimate
704 Penn Rd, Raleigh, NC 2 Beds \| 1 Baths \| 823 Sq. Ft.	$394,959
712 Penn Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2328 Sq. Ft.	$807,137

Address	Redfin Estimate
715 Penn Rd, Raleigh, NC 4 Beds \| 4.5 Baths \| 4268 Sq. Ft.	$1,345,980
708 Penn Rd, Raleigh, NC 2 Beds \| 1 Baths \| 840 Sq. Ft.	$410,429

Address	Redfin Estimate
713 Penn Rd, Raleigh, NC - Beds \| 1 Baths \| 1206 Sq. Ft.	$389,130
718 Penn Rd, Raleigh, NC 2 Beds \| 1 Baths \| 851 Sq. Ft.	$398,946

Property information provided by TMLS when last listed in 2018. 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 706 Penn Rd

Tax history for 706 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 706 Penn Rd

More real estate resources