7504 Penny Rd is a 1,946 square foot house on a 1.28 acre lot with 1.5 bathrooms. - it last sold on August 29, 1997 for $132,000. Based on Redfin's Raleigh data, we estimate the home's value is $483,093.
Single-familyProperty Type
1959Year Built
1.28 acresLot Size
$248Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$483,093
$351K since sold in August 1997$25K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.2% lower than the average sale price ($515K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-40W
Residential-40 Watershed District
The R-40W 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
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Electric
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Conventional
Exterior Wall: Brick
Roof Shape Type: Hip
Building Type: Single Family
Property Information
Subdivision Name: LOIS SMITH MOORE ESTATE
Living Sq. Ft: 1,946
Building Sq. Ft: 1,946
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LOIS SMITH MOORE ESTATE TR1 BM1997-1172
Parking & Garage Information
Parking Type: Masonry Garage
Garage/Parking Sq. Ft: 550
Garage / Carport Type: Masonry
Lot Information
# of Buildings: 1
Land Sq. Ft: 55,757
Acres: 1.28
Zoning Code: R-40W
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: Electric
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,946
Stories: 1.0
Lot Size: 1.28 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1979
County: Wake County
APN: 0770.02 89 8416 000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Swift Creek Elementary
Public K-5 • Assigned • 3.2mi
8/10
Dillard Drive Middle
Public 6-8 • Assigned • 3.7mi
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
53% 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
72
54
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
$459,000 – $556,000
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