OFF MARKET

Off Market Oct 2021 for $385K

$416,815

Est. refi paymentEst. refi $618/mo

•

840

sq ft

708 Penn Rd, Raleigh, NC 27604

About this home

Single-familyProperty Type

1951Year Built

7,840 sq ftLot Size

$496Est. Price/Sq.Ft.

Listed by Yolanda Smith • CW Realty

Bought with Richard Spencer • Slate Luxury Homes

Redfin checked: a minute ago

•Source:TMLS #2406518

Redfin Estimate

$416,815

$32K since sold in October 2021$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.4% lower than the average sale price ($499K) of 6 comparable homes.

SOLD AUG 12, 2026
$435,000
A
2 beds1 bath876 sq ft
1229 Norris St, Raleigh, NC 27604
SOLD JUL 6, 2026
$425,000
B
3 beds1 bath984 sq ft
708 Hamilton Rd, 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 AUG 12, 2026
$500,000
E
2 beds2 baths996 sq ft
1102 Oakwood Ave, Raleigh, NC 27601
SOLD JUL 14, 2026
$390,000
F
2 beds1 bath718 sq ft
311 Seawell Ave, Raleigh, NC 27601

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Earn from this home

Sell

$111,805

Est. take-home

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Est. cash available

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Rent

$1,640/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 708 Penn Rd

Date

Event

Price

TMLS #642787

Feb 21, 2025

Price Changed

$94,900

$113/sq ft

Nov 29, 2023

Price Changed

$94,900

$113/sq ft

Jan 11, 2003

Sold

$85,000

$101/sq ft

Jan 11, 2003

Price Changed

$159,000

$189/sq ft

Jan 11, 2003

Sold

$85,000

$101/sq ft

Nov 18, 2002

Price Changed

$159,000

$189/sq ft

May 29, 2002

Listed

$94,900

$113/sq ft

May 29, 2002

Listed

$94,900

$113/sq ft

TMLS #2406518

Oct 28, 2021

Sold

$385,000

$458/sq ft

Sep 27, 2021

Contingent

—

Sep 21, 2021

Listed

$360,000

$429/sq ft

Sep 8, 2021

Coming Soon

$360,000

$429/sq ft

Public Records

Jan 6, 2003

Sold

$85,000

$101/sq ft

TMLS #477506

Aug 21, 1998

Sold

$75,000

$89/sq ft

May 11, 1998

Listed

$78,900

$94/sq ft

Public Records

Jun 9, 1997

Sold

$61,500

$73/sq ft

Public Records

Jun 29, 1990

Sold

$38,000

$45/sq ft

Public Records

Apr 29, 1985

Sold

$39,500

$47/sq ft

Public Records

Oct 31, 1983

Sold

$25,000

$30/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,718 (+0.4%)

$300,000 + $124,086

$424,086

2024

$3,703 (+20.8%)

$300,000 + $124,086

$424,086

2023

$3,066 (+7.6%)

$300,000 + $124,086

$424,086

2022

$2,849 (+4.0%)

$180,000 + $99,427

$279,427

2021

$2,739 (+1.8%)

$180,000 + $99,427

$279,427

2020

$2,689 (+31.1%)

$180,000 + $99,427

$279,427

2019

$2,051 (+6.0%)

$180,000 + $99,427

$279,427

2018

$1,935 (+5.0%)

$108,000 + $67,276

$175,276

2017

$1,843 (+2.1%)

$108,000 + $67,276

$175,276

2016

$1,805 (+19.1%)

$108,000 + $67,276

$175,276

2015

$1,515 (+5.4%)

$108,000 + $67,276

$175,276

2014

$1,438 (+7.0%)

$80,000 + $64,438

$144,438

2013

$1,344

$80,000 + $64,438

$144,438

2012

$1,344 (+1.0%)

$80,000 + $64,438

$144,438

2011

$1,331

$80,000 + $64,438

$144,438

Tax history for 708 Penn Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,718 (+0.4%)

$300,000 + $124,086

$424,086

2024

$3,703 (+20.8%)

$300,000 + $124,086

$424,086

2023

$3,066 (+7.6%)

$300,000 + $124,086

$424,086

2022

$2,849 (+4.0%)

$180,000 + $99,427

$279,427

2021

$2,739 (+1.8%)

$180,000 + $99,427

$279,427

2020

$2,689 (+31.1%)

$180,000 + $99,427

$279,427

2019

$2,051 (+6.0%)

$180,000 + $99,427

$279,427

2018

$1,935 (+5.0%)

$108,000 + $67,276

$175,276

2017

$1,843 (+2.1%)

$108,000 + $67,276

$175,276

2016

$1,805 (+19.1%)

$108,000 + $67,276

$175,276

2015

$1,515 (+5.4%)

$108,000 + $67,276

$175,276

2014

$1,438 (+7.0%)

$80,000 + $64,438

$144,438

2013

$1,344

$80,000 + $64,438

$144,438

2012

$1,344 (+1.0%)

$80,000 + $64,438

$144,438

2011

$1,331

$80,000 + $64,438

$144,438

*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

7,841 Sq. Ft.

Year renovated

1981

Sq. Ft.

840

Year built

1951

Style

Single Family Residential

County

Wake County

APN

1714.17 11 9970 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: Driveway, Unpaved

Interior

Bathroom Information
Bathrooms Full: 1

Bedroom Information
Bedrooms Total: 2

Interior Features
Appliances: Electric Water Heater
Flooring: Wood

Exterior

Building Information
Construction Materials: Brick Veneer
Building Area Total: 840.0
Structure Type: Site Built

Exterior Features
Foundation Details: Block

Property information
Above Grade Finished Area: 840.0
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: 60 x 130
Lot Size Square Feet: 7840.8
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 1738.0

Financial Information
Buyer Financing: FHA

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

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

Location

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

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

Location Information
County Or Parish: Wake
Directions: from Wake Forest Rd turn East on Glascock, South on Madison, East on Penn Rd 4th house on right side.
Latitude: 35.787906
Longitude: -78.622619
Postal Code: 27604

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 840
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1981
County: Wake County
APN: 1714.17 11 9970 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2021-10-29

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

$396,000 – $480,000

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New listings for sale in 27604

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

Home values near 708 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
718 Penn Rd, Raleigh, NC 2 Beds \| 1 Baths \| 851 Sq. Ft.	$399,089

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 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27604, NC

Sale history for 708 Penn Rd

Tax history for 708 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 708 Penn Rd

More real estate resources