Google satellite image for 8617 Penny Rd, Raleigh, NC 27606

Off market

$698,207

—

•

2 ba

•

1,814

sq ft

8617 Penny Rd, Raleigh, NC 27606

About this home

8617 Penny Rd is a 1,814 square foot house on a 4.24 acre lot with 2 bathrooms. Based on Redfin's Raleigh data, we estimate the home's value is $698,207.

Single-familyProperty Type

1984Year Built

4.24 acresLot Size

$385Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$698,207

$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20% higher than the average sale price ($582K) of 6 comparable homes.

SOLD OCT 7, 2026
$560,000
A
3 beds2.5 baths2,243 sq ft
6512 Bakersfield Dr, Raleigh, NC 27606
SOLD SEP 30, 2026
$570,000
B
3 beds2 baths1,630 sq ft
5109 Swift Ridge Rd, Raleigh, NC 27606
SOLD JUL 6, 2026
$750,000
C
4 beds2.5 baths2,297 sq ft
3908 Inland Ct, Raleigh, NC 27606
SOLD SEP 16, 2026
$630,000
D
3 beds2.5 baths2,571 sq ft
6516 Bakersfield Dr, Raleigh, NC 27606
SOLD OCT 1, 2026
$515,000
E
3 beds2.5 baths2,074 sq ft
2900 Meadowview Ct, Apex, NC 27539
SOLD SEP 16, 2026
$465,000
F
3 beds2 baths1,634 sq ft
5112 Laurie Dr, Raleigh, NC 27606

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Earn from this home

Sell

$656,045

Est. take-home

List your home with Redfin and save $6,982

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 8617 Penny Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$4,234 (+3.0%)

$392,160 + $266,728

$658,888

2024

$4,112 (+15.2%)

$392,160 + $266,728

$658,888

2023

$3,568 (+7.9%)

$392,160 + $266,728

$658,888

2022

$3,306 (+2.8%)

$294,600 + $160,401

$455,001

2021

$3,217 (+1.7%)

$294,600 + $160,401

$455,001

2020

$3,164 (−5.7%)

$294,600 + $160,401

$455,001

2019

$3,356 (+8.8%)

$294,600 + $160,401

$455,001

2018

$3,085 (+5.5%)

$274,400 + $134,087

$408,487

2017

$2,924 (+2.1%)

$274,400 + $134,087

$408,487

2016

$2,865 (−4.7%)

$274,400 + $134,087

$408,487

2015

$3,006 (+5.5%)

$274,400 + $134,087

$408,487

2014

$2,849 (+7.1%)

$285,600 + $144,394

$429,994

2013

$2,660

$285,600 + $144,394

$429,994

2012

$2,660

$285,600 + $144,394

$429,994

2011

$2,660

$285,600 + $144,394

$429,994

Tax history for 8617 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,234 (+3.0%)

$392,160 + $266,728

$658,888

2024

$4,112 (+15.2%)

$392,160 + $266,728

$658,888

2023

$3,568 (+7.9%)

$392,160 + $266,728

$658,888

2022

$3,306 (+2.8%)

$294,600 + $160,401

$455,001

2021

$3,217 (+1.7%)

$294,600 + $160,401

$455,001

2020

$3,164 (−5.7%)

$294,600 + $160,401

$455,001

2019

$3,356 (+8.8%)

$294,600 + $160,401

$455,001

2018

$3,085 (+5.5%)

$274,400 + $134,087

$408,487

2017

$2,924 (+2.1%)

$274,400 + $134,087

$408,487

2016

$2,865 (−4.7%)

$274,400 + $134,087

$408,487

2015

$3,006 (+5.5%)

$274,400 + $134,087

$408,487

2014

$2,849 (+7.1%)

$285,600 + $144,394

$429,994

2013

$2,660

$285,600 + $144,394

$429,994

2012

$2,660

$285,600 + $144,394

$429,994

2011

$2,660

$285,600 + $144,394

$429,994

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

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: 2

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: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Conventional
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family

Property Information
Subdivision Name: 01R
Living Sq. Ft: 1,814
Building Sq. Ft: 1,814
# of Units: 1
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: LO1R ATKINS FARMS INC BM1997-908

Lot Information
# of Buildings: 1
Land Sq. Ft: 184,694
Legal Lot Number: 1R
Acres: 4.24
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: 2.0
Sq. Ft.: 1,814
Stories: 1.5
Lot Size: 4.24 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1984
County: Wake County
APN: 0771.03 41 5740 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 • 2.9mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.5mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.8mi

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

60% 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

$664,000 – $803,000

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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 8617 Penny Rd

Data from public records.

Address	Redfin Estimate
8600 Penny Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2283 Sq. Ft.	$691,481
5513 Huntingwood Drive, Raleigh, NC - Beds \| 3 Baths \| 2637 Sq. Ft.	$660,247
5500 Huntingwood Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 3795 Sq. Ft.	$869,281
5525 Hunter Hollow Drive, Raleigh, NC 3 Beds \| 2.5 Baths \| 2388 Sq. Ft.	$673,697
5608 Huntford Lane, Raleigh, NC 3 Beds \| 2.5 Baths \| 2244 Sq. Ft.	$596,856
2628 Hunters Meadow Lane, Raleigh, NC 4 Beds \| 3.5 Baths \| 3050 Sq. Ft.	$798,026
5517 Hunter Hollow Drive, Raleigh, NC - Beds \| - Baths \| 2430 Sq. Ft.	$659,071

Address	Redfin Estimate
8621 Penny Road, Raleigh, NC 4 Beds \| 3 Baths \| 2984 Sq. Ft.	$761,580
5509 Huntingwood Drive, Raleigh, NC 4 Beds \| 3 Baths \| 2412 Sq. Ft.	$700,758
5613 Normanshire Drive, Raleigh, NC - Beds \| 2.5 Baths \| 2596 Sq. Ft.	$793,943
5616 Huntford Lane, Raleigh, NC - Beds \| - Baths \| 2276 Sq. Ft.	$572,431
5600 Huntford Lane, Raleigh, NC 4 Beds \| 2.5 Baths \| 2136 Sq. Ft.	$598,957
2625 Hunters Meadow Lane, Raleigh, NC 4 Beds \| 2.5 Baths \| 2925 Sq. Ft.	$755,810
5505 Huntingwood Drive, Raleigh, NC - Beds \| - Baths \| 3326 Sq. Ft.	$796,655

Address	Redfin Estimate
8701 Penny Road, Raleigh, NC - Beds \| 2 Baths \| 2599 Sq. Ft.	$669,620
5504 Huntingwood Drive, Raleigh, NC - Beds \| - Baths \| 2858 Sq. Ft.	$694,180
5621 Normanshire Drive, Raleigh, NC 4 Beds \| 2.5 Baths \| 2819 Sq. Ft.	$812,360
5508 Hunter Hollow Drive, Raleigh, NC - Beds \| 2.5 Baths \| 2878 Sq. Ft.	$750,370
2621 Hunters Meadow Lane, Raleigh, NC 4 Beds \| 3 Baths \| 2919 Sq. Ft.	$767,097
2629 Hunters Meadow Lane, Raleigh, NC 4 Beds \| 3.5 Baths \| 3235 Sq. Ft.	$778,283
5633 Normanshire Drive, Raleigh, NC 3 Beds \| 2.5 Baths \| 2821 Sq. Ft.	$680,328

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 8617 Penny Rd

Tax history for 8617 Penny Rd

Zoning and permits

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 8617 Penny Rd

More real estate resources