For Comp Purposes Only. Note to Real Estate Professionals: Sold for Land Value Only: 1.71 Acres, just East of Kildaire Farm Rd. Buyer intends to demo house and rebuild new.
Single-familyProperty Type
1972Year Built
1.71 acresLot Size
$522Est. Price/Sq.Ft.
2 car garageParking
Listed by Scott Korbin• Triangle Home Masters
Listed by Karl Zellman
Bought with John Little• Triangle Realty Solutions
Amazing Lot with Wooded View. This huge lot is in a highly desireable area near Cary, with a Raleigh address and No City Taxes! The price assumes Seller will use donation of house to 501(c)3 for Tax write off. House with Lot is Listed for Sale for $256,000. Existing Well and Septic System remain.
TMLS #1774392
Aug 26, 2011
Sold
$195,000
$80/sq ft
Aug 26, 2011
Sold
$195,000
$80/sq ft
Aug 4, 2011
Listing Removed
—
Mar 18, 2011
Listed
$199,750
$82/sq ft
Mar 18, 2011
Listed
$199,750
$82/sq ft
For Comp Purposes Only. Note to Real Estate Professionals: Sold for Land Value Only: 1.71 Acres, just East of Kildaire Farm Rd. Buyer intends to demo house and rebuild new.
TMLS #973540
Apr 7, 2008
Sold
$254,900
$105/sq ft
Mar 18, 2008
Listing Removed
—
Dec 21, 2007
Listed
$249,900
$103/sq ft
Public Records
Feb 2, 2004
Sold
$234,000
$96/sq ft
Public Records
Feb 9, 1996
Sold
$198,000
$81/sq ft
Public Records
Jul 30, 1985
Sold
$129,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,354 (+3.0%)
$300,000 + $2,253,757
$2,553,757
2024
$15,879 (+19.7%)
$300,000 + $2,253,757
$2,553,757
2023
$13,270 (+7.9%)
$300,000 + $2,253,757
$2,553,757
2022
$12,293 (+2.8%)
$195,000 + $1,504,358
$1,699,358
2021
$11,961 (+1.7%)
$195,000 + $1,504,358
$1,699,358
2020
$11,763 (−12.0%)
$195,000 + $1,504,358
$1,699,358
2019
$13,367 (+8.8%)
$195,000 + $1,504,358
$1,699,358
2018
$12,283 (+5.5%)
$177,000 + $1,457,206
$1,634,206
2017
$11,639 (+2.1%)
$177,000 + $1,457,206
$1,634,206
2016
$11,402 (−16.9%)
$177,000 + $1,457,206
$1,634,206
2015
$13,722 (+317.6%)
$177,000 + $1,457,206
$1,634,206
2014
$3,286
$121,000 + $378,500
$499,500
Tax history for 9900 Penny Rd
Year
Property tax
Land + Additions
Assessment*
2025
$16,354 (+3.0%)
$300,000 + $2,253,757
$2,553,757
2024
$15,879 (+19.7%)
$300,000 + $2,253,757
$2,553,757
2023
$13,270 (+7.9%)
$300,000 + $2,253,757
$2,553,757
2022
$12,293 (+2.8%)
$195,000 + $1,504,358
$1,699,358
2021
$11,961 (+1.7%)
$195,000 + $1,504,358
$1,699,358
2020
$11,763 (−12.0%)
$195,000 + $1,504,358
$1,699,358
2019
$13,367 (+8.8%)
$195,000 + $1,504,358
$1,699,358
2018
$12,283 (+5.5%)
$177,000 + $1,457,206
$1,634,206
2017
$11,639 (+2.1%)
$177,000 + $1,457,206
$1,634,206
2016
$11,402 (−16.9%)
$177,000 + $1,457,206
$1,634,206
2015
$13,722 (+317.6%)
$177,000 + $1,457,206
$1,634,206
2014
$3,286
$121,000 + $378,500
$499,500
*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
3.5
Stories
1.75
Lot width
—
Lot depth
—
Lot size
1.71 Acres
Year renovated
2014
Sq. Ft.
11,668
Year built
2014
Style
Single Family Residential
County
Wake County
APN
0761.04 84 8518 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-40W
WATERSHED PROTECTION OVERLAY
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.