Come see this gorgeous home in Raleigh! No city taxes or HOA! Just minutes from shopping/dining, this 3 bed, 2 bath home boasts; an open living room with upgraded floors and a gas masonry fireplace; a spacious dining area that leads into the kitchen, with stainless appliances, tile backsplash and a farmhouse sink. The main floor master features a private bathroom with a dual vanity and clawfoot tub. Don’t miss the large bonus room over the garage, screened in porch and fenced in yard!
Seller said SELL! Huge price reduction!!!Completely remodeled! NO CITY TAXES! NO HOA! You will look forward to coming home to the wrap around front porch, serene surroundings, with fenced back yard, screen porch and huge deck! brand new interior w/ new lam floors, windows, paint, granite, ss appliances, backsplash w/ hand painted tiles, custom light fixture in kit and hall, sealed crawl, HUGE bonus w/ it's own heat/air sys, farm house sink in kit and laundry rm, hybrid water heater, see list for more!
TMLS #1995987
Aug 12, 2015
Sold
$245,000
$111/sq ft
Jul 4, 2015
Contingent
—
Jun 18, 2015
Price Changed
$253,000
$115/sq ft
May 14, 2015
Price Changed
$259,000
$117/sq ft
Apr 30, 2015
Price Changed
$269,000
$122/sq ft
Mar 27, 2015
Relisted
—
Mar 18, 2015
Listing Removed
—
Mar 18, 2015
Listed
$275,000
$125/sq ft
Mar 18, 2015
Listed
$253,000
$115/sq ft
+20
Location, Location, Location! Country living at its best! Enjoy peaceful evenings on the large covered porch or screened in deck. Additional deck perfect for a cookout! Conveniently located near Cary and downtown Raleigh for shopping, dining and entertainment. Home is situated on 1.68 acres with fenced in back yard. This charming 2 story home features family room with fireplace, bay window in breakfast area, spacious first floor master suite and endless opportunities with 400 unfinished square feet.
Public Records
Jun 13, 1995
Sold
$171,000
$77/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,468 (+3.0%)
$176,000 + $363,022
$539,022
2024
$3,367 (+18.4%)
$176,000 + $363,022
$539,022
2023
$2,844 (+7.9%)
$176,000 + $363,022
$539,022
2022
$2,636 (+2.8%)
$104,500 + $257,668
$362,168
2021
$2,565 (+1.7%)
$104,500 + $257,668
$362,168
2020
$2,523 (+15.1%)
$104,500 + $257,668
$362,168
2019
$2,193 (+8.7%)
$104,500 + $257,668
$362,168
2018
$2,016 (+10.1%)
$126,500 + $139,514
$266,014
2017
$1,832 (+2.1%)
$126,500 + $139,514
$266,014
2016
$1,795 (−13.5%)
$126,500 + $128,353
$254,853
2015
$2,074 (+5.5%)
$126,500 + $128,353
$254,853
2014
$1,966 (+7.1%)
$120,000 + $175,831
$295,831
2013
$1,836
$120,000 + $175,831
$295,831
2012
$1,836
$120,000 + $175,831
$295,831
2011
$1,836
$120,000 + $175,831
$295,831
Tax history for 7505 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,468 (+3.0%)
$176,000 + $363,022
$539,022
2024
$3,367 (+18.4%)
$176,000 + $363,022
$539,022
2023
$2,844 (+7.9%)
$176,000 + $363,022
$539,022
2022
$2,636 (+2.8%)
$104,500 + $257,668
$362,168
2021
$2,565 (+1.7%)
$104,500 + $257,668
$362,168
2020
$2,523 (+15.1%)
$104,500 + $257,668
$362,168
2019
$2,193 (+8.7%)
$104,500 + $257,668
$362,168
2018
$2,016 (+10.1%)
$126,500 + $139,514
$266,014
2017
$1,832 (+2.1%)
$126,500 + $139,514
$266,014
2016
$1,795 (−13.5%)
$126,500 + $128,353
$254,853
2015
$2,074 (+5.5%)
$126,500 + $128,353
$254,853
2014
$1,966 (+7.1%)
$120,000 + $175,831
$295,831
2013
$1,836
$120,000 + $175,831
$295,831
2012
$1,836
$120,000 + $175,831
$295,831
2011
$1,836
$120,000 + $175,831
$295,831
*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
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.68 Acres
Year renovated
1995
Sq. Ft.
2,099
Year built
1995
Style
Single Family Residential
County
Wake County
APN
0770.02 89 8118 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
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
Parking
Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Concrete, Driveway, Garage, Garage Faces Side
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Gas Cooktop, Microwave, Water Purifier, Water Softener