Off market jun 2003 for $366K

$997,636

Est. refi paymentEst. refi $2,465/mo

•

2,780

sq ft

7204 Penny Rd, Raleigh, NC 27606

About this home

Awesome Value!Reduced over $20,000! Better than new!4 BR+bonus rm, can be 5 BR!Custom built estate home on 5.5 acres, no restrictions, horses allowed!Backs to Lake Wheeler property, Brick home, new garage siding, roof, all interior new!New windows, doors, paint, carpet, gorgeous hardwood floors 1st floor, privacy galore!Fenced rear yard, sprinkler system, circle drive, brick walkways. Owner/Broke

Single-familyProperty Type

1984Year Built

5.5 acresLot Size

$359Est. Price/Sq.Ft.

2 car garageParking

Listed by Dennis Fowler • RE/MAX United

Bought with Lynn Britt • RE/MAX United

Redfin checked: a minute ago

•Source:TMLS #687924

Redfin Estimate

$997,636

$632K since sold in June 2003$20K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 47.5% higher than the average sale price ($676K) of 6 comparable homes.

SOLD OCT 8, 2026
$825,000
A
3 beds3.5 baths2,680 sq ft
4029 Country Village Dr, Raleigh, NC 27606
SOLD JUL 15, 2026
$667,500
B
4 beds3.5 baths2,762 sq ft
2721 Glassman Ln, Raleigh, NC 27606
SOLD NOV 9, 2026
$380,000
C
3 beds2.5 baths2,360 sq ft
6428 Penny Rd, Raleigh, NC 27606
SOLD JUN 29, 2026
$740,000
D
4 beds3.5 baths2,459 sq ft
2536 Maxton Crest Dr, Apex, NC 27539
SOLD SEP 21, 2026
$630,000
E
4 beds2.5 baths2,334 sq ft
3313 Corsham Dr, Apex, NC 27539
SOLD SEP 23, 2026
$815,000
F
4 beds3 baths2,995 sq ft
4705 Carolton Dr, Raleigh, NC 27606

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$842,287

Est. take-home

List your home with Redfin and save $9,976

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,986/mo

Redfin rental estimate

List your home for rent

Market trends in 27606, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+0.5% MoM

Median sale price

$516K

$7K MoM

Avg. days on market

38d

2 days MoM

Recently sold homes

17 MoM

New listings for sale

NEW 24 HRS AGO
$735,900
4 beds3.5 baths3,250 sq ft
920 Merwin Rd, Raleigh, NC 27606
OPEN TODAY, 1PM TO 3PM
$509,900
3 beds2.5 baths2,095 sq ft
241 Kentigern Dr, Raleigh, NC 27606
$269,000
4 beds4 baths1,314 sq ft
1305 Kent Rd #102, Raleigh, NC 27606
$159,900
1 bed1 bath540 sq ft
3522 Ivy Commons Dr, Raleigh, NC 27606
$250,000
2 beds2 baths771 sq ft
1509 Gorman St, Raleigh, NC 27606
$155,000
1 bed1 bath540 sq ft
3517 Ivy Commons Dr #301, Raleigh, NC 27606
$450,000
3 beds2 baths1,458 sq ft
5848 Yates Mill Pond Rd, Raleigh, NC 27606
$200,000
2 beds1.5 baths1,100 sq ft
5520 Kaplan Dr Unit A, Raleigh, NC 27606
$395,000
3 beds2 baths1,259 sq ft
233 Singleton St, Raleigh, NC 27606
OPEN TODAY, 2PM TO 4PM
$710,000
3 beds2.5 baths2,308 sq ft
2900 Whitehart Ln, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 7204 Penny Rd

Date

Event

Price

TMLS #687924

Nov 29, 2023

Price Changed

$280,000

$101/sq ft

Jun 12, 2003

Sold

$366,000

$132/sq ft

May 16, 2003

Price Changed

$379,988

$137/sq ft

May 16, 2003

Listing Removed

—

May 2, 2003

Listed

$379,988

$137/sq ft

TMLS #664206

Jan 14, 2009

Listing Removed

—

Nov 5, 2002

Listed

$400,000

$144/sq ft

Public Records

Jun 12, 2003

Sold

$366,000

$132/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,488 (+3.0%)

$495,480 + $515,703

$1,011,183

2024

$6,299 (+21.7%)

$495,480 + $515,703

$1,011,183

2023

$5,177 (+7.9%)

$495,480 + $515,703

$1,011,183

2022

$4,797 (+2.8%)

$374,550 + $286,884

$661,434

2021

$4,668 (+1.7%)

$374,550 + $286,884

$661,434

2020

$4,591 (−1.0%)

$374,550 + $286,884

$661,434

2019

$4,636 (+8.8%)

$374,550 + $286,884

$661,434

2018

$4,261 (+5.5%)

$348,200 + $216,968

$565,168

2017

$4,038 (+2.1%)

$348,200 + $216,968

$565,168

2016

$3,956 (−12.4%)

$348,200 + $216,968

$565,168

2015

$4,514 (+7.4%)

$348,200 + $216,968

$565,168

2014

$4,204 (+7.1%)

$425,550 + $221,583

$647,133

2013

$3,924

$425,550 + $210,339

$635,889

2012

$3,924

$425,550 + $210,339

$635,889

2011

$3,924

$425,550 + $210,339

$635,889

Tax history for 7204 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,488 (+3.0%)

$495,480 + $515,703

$1,011,183

2024

$6,299 (+21.7%)

$495,480 + $515,703

$1,011,183

2023

$5,177 (+7.9%)

$495,480 + $515,703

$1,011,183

2022

$4,797 (+2.8%)

$374,550 + $286,884

$661,434

2021

$4,668 (+1.7%)

$374,550 + $286,884

$661,434

2020

$4,591 (−1.0%)

$374,550 + $286,884

$661,434

2019

$4,636 (+8.8%)

$374,550 + $286,884

$661,434

2018

$4,261 (+5.5%)

$348,200 + $216,968

$565,168

2017

$4,038 (+2.1%)

$348,200 + $216,968

$565,168

2016

$3,956 (−12.4%)

$348,200 + $216,968

$565,168

2015

$4,514 (+7.4%)

$348,200 + $216,968

$565,168

2014

$4,204 (+7.1%)

$425,550 + $221,583

$647,133

2013

$3,924

$425,550 + $210,339

$635,889

2012

$3,924

$425,550 + $210,339

$635,889

2011

$3,924

$425,550 + $210,339

$635,889

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

5.47 Acres

Year renovated

1984

Sq. Ft.

2,559

Year built

1984

Style

Single Family Residential

County

Wake County

APN

0780.01 08 8761 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-80W

Residential-80 Watershed District

The R-80W 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

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Circular Driveway, Garage, Garage Door Opener

Interior

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Water Softener
Window Features: Insulated Windows
Interior Features: Bookcases, Ceiling Fan(s), Central Vacuum, Pantry, Storage, Walk-In Closet(s)
Fireplace: Yes
Fireplace Features: Family Room, Gas Log
Fireplaces Total: 1
Flooring: Hardwood

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Brick Veneer
Building Area Total: 2780.0

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

Property information
Above Grade Finished Area: 2780.0
Below Grade Finished Area: 0.0
Levels: Tri-Level, Two
Ownership Type: Other

Land Information
Horse: Yes

Lot Information
Lot Size Acres: 5.5
Lot Size Area: 5.5
Lot Size Dimensions: 328x770x381x818
Lot Size Square Feet: 239580.0
Lot Size Units: Acres
Zoning: Res 80W

Financial

Financial Information
Buyer Financing: Conventional

Utilities

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

Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump, Zoned
Cooling: Yes
Cooling Information: Zoned

Location

HOA Information
Association: No
Association Fee Includes: None

School Information
Elementary School: Wake - Oak Grove
Middle Or Junior School: Wake - West Lake
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: From Cary,Kildaire to Penny Rd,left 3.4 miles, on left;From Raleigh,Beltline to Jones Franklin to Holly Springs Rd, left Penny Rd.From Garner,Tryon, Lake Wheeler, Penny.
Latitude: 35.697509
Longitude: -78.727897
Postal Code: 27606

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,559
Stories: 2.0
Lot Size: 5.47 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1984
County: Wake County
APN: 0780.01 08 8761 000

Home facts updated by county records on Oct 30, 2026

Around this home

Schools

K - 12
Preschool & daycare

Swift Creek Elementary

Public K-5 • Assigned • 3.3mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.9mi

7/10

Athens Drive High

Public 9-12 • Assigned • 5.0mi

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 104° expected this year, 17 days in 30 years

6/10 Wind Factor

64% 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)

49°

31°

55°

37°

70°

47°

77°

56°

79°

61°

90°

70°

92°

74°

83°

69°

81°

64°

70°

53°

66°

47°

54°

36°

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

$948,000 – $1.15M

Reach more buyers when you sell with Redfin. Save up to $9,976 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$595,000

3 beds2.5 baths2,400 sq ft

100 Palace Grn, Cary, NC 27518

Cedar shake roof • All brick driveway • Paver stone walkway

$899,000

2 beds2 baths1,488 sq ft

5317 Pine Dr, Raleigh, NC 27606

Picturesque acres • Mature fruit trees • Old-growth oak trees

$715,000

5 beds2.5 baths3,182 sq ft

110 Drakewood Pl, Cary, NC 27518

Brick front colonial • Cathedral ceiling • Walk-in closet

OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH

$1,200,000

3 beds4.5 baths4,717 sq ft

8125 Rosiere Dr, Apex, NC 27539

Private lot • Real hardwoods • Custom molding

3D WALKTHROUGH

$845,000

3 beds2.5 baths2,761 sq ft

4925 Birchleaf Dr, Raleigh, NC 27606

Detached garage • Workshop • Finished studio

$1,099,999

5 beds4.5 baths4,522 sq ft

101 Phacelia Way, Cary, NC 27518

Private lot • Gourmet kitchen • Stone fireplaces

New listings for sale in 27606

NEW 24 HRS AGO

$735,900

4 beds3.5 baths3,250 sq ft

920 Merwin Rd, Raleigh, NC 27606

Updated kitchen • Newer saltwater pool • Built-in hot tub

OPEN TODAY, 1PM TO 3PM

$509,900

3 beds2.5 baths2,095 sq ft

241 Kentigern Dr, Raleigh, NC 27606

Stunning foyer • Private study • Gourmet kitchen

$269,000

4 beds4 baths1,314 sq ft

1305 Kent Rd #102, Raleigh, NC 27606

$310 HOA • Built 2000 • Listed 3 days

$159,900

1 bed1 bath540 sq ft

3522 Ivy Commons Dr, Raleigh, NC 27606

Covered porch • Storage • New led lighting

$250,000

2 beds2 baths771 sq ft

1509 Gorman St, Raleigh, NC 27606

Eat-in kitchen • Oversized deck • Wooded views

$155,000

1 bed1 bath540 sq ft

3517 Ivy Commons Dr #301, Raleigh, NC 27606

Private balcony • Near nc state • $83 HOA

$450,000

3 beds2 baths1,458 sq ft

5848 Yates Mill Pond Rd, Raleigh, NC 27606

Renovated • New windows • New kitchen

$200,000

2 beds1.5 baths1,100 sq ft

5520 Kaplan Dr Unit A, Raleigh, NC 27606

Walking trails • Off street parking • 2 parking spots

$395,000

3 beds2 baths1,259 sq ft

233 Singleton St, Raleigh, NC 27606

One level living • Spacious lot • Detached garage

Home values near 7204 Penny Rd

Data from public records.

Address	Redfin Estimate
7021 Penny Road, Raleigh, NC - Beds \| 1 Baths \| 1600 Sq. Ft.	$291,223
7109 Penny Road, Raleigh, NC - Beds \| 2.5 Baths \| 2189 Sq. Ft.	$433,971
7205 Penny Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 2814 Sq. Ft.	$760,808
7220 Spring Meadows Lane, Raleigh, NC - Beds \| 2 Baths \| 1912 Sq. Ft.	$532,507
7229 Spring Meadows Lane, Raleigh, NC 3 Beds \| 3 Baths \| 4124 Sq. Ft.	$1,091,752
7221 Spring Meadows Lane, Raleigh, NC 3 Beds \| 2.5 Baths \| 2687 Sq. Ft.	$705,416
7205 Dime Drive, Raleigh, NC - Beds \| 3 Baths \| 4754 Sq. Ft.	$906,547

Address	Redfin Estimate
6912 Penny Road, Raleigh, NC 4 Beds \| 2 Baths \| 2646 Sq. Ft.	$919,463
7017 Penny Road, Raleigh, NC 3 Beds \| 2 Baths \| 1815 Sq. Ft.	$353,332
7020 Penny Road, Raleigh, NC - Beds \| 3.5 Baths \| 2890 Sq. Ft.	$731,026
7216 Spring Meadows Lane, Raleigh, NC - Beds \| - Baths \| 2573 Sq. Ft.	$663,973
7208 Spring Meadows Lane, Raleigh, NC - Beds \| - Baths \| 2046 Sq. Ft.	$678,989
7220 Dime Drive, Raleigh, NC 4 Beds \| 2.5 Baths \| 2854 Sq. Ft.	$807,914
7212 Dime Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 4527 Sq. Ft.	$897,328

Address	Redfin Estimate
7300 Penny Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 1984 Sq. Ft.	$485,644
7100 Penny Road, Raleigh, NC - Beds \| 2 Baths \| 1879 Sq. Ft.	$650,943
7116 Delta Bluff Lane, Raleigh, NC - Beds \| 2 Baths \| 1310 Sq. Ft.	$376,110
7225 Spring Meadows Lane, Raleigh, NC - Beds \| 3.5 Baths \| 2870 Sq. Ft.	$756,600
7224 Spring Meadows Lane, Raleigh, NC 4 Beds \| 3.5 Baths \| 3401 Sq. Ft.	$967,103
7221 Dime Drive, Raleigh, NC 4 Beds \| 3 Baths \| 2520 Sq. Ft.	$644,790
7204 Spring Meadows Lane, Raleigh, NC 3 Beds \| 2.5 Baths \| 4333 Sq. Ft.	$1,035,474

Property information provided by TMLS when last listed in 2003. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Brier Creek homes for sale
North Hills homes for sale
Downtown Raleigh homes for sale
North Raleigh homes for sale
West Cary homes for sale

27609 homes for sale
27613 homes for sale
27614 homes for sale
27615 homes for sale
27703 homes for sale

Houses for rent in Raleigh	Agents near me	Asheville, NC homes for sale	Raleigh Housing Market
Houses for sale near me	Charlotte, NC homes for sale	Apex, NC homes for sale
Land for sale near me	Raleigh, NC homes for sale	Greensboro, NC homes for sale
Open Houses near me	Cary, NC homes for sale	Raleigh Property Records
Condos for sale near me	Durham, NC homes for sale	NC New Listings

Cary homes for sale
Chapel Hill homes for sale
Durham homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 7204 Penny Rd

Tax history for 7204 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 7204 Penny Rd

More real estate resources