OFF MARKET

Off Market Jan 2021 for $229K

$326,292

•

1,400

sq ft

505 Penwood Rd, Willow Spring, NC 27592

About this home

A Gem on beautiful, near Acre Lot - Hard To Find Ranch - Meticulously Renovated - New Roof - All New Kitchen w/ White Cabinetry, Granite Countertops, Tiled Backsplash, Upgraded KitchenAid SS Microwave & 5 Burner Gas CookTop, SS Dishwasher & Wall Oven, Farm Style Sink - Great Sized Bedrms, New Cultured Marble Vanity Tops in Baths, Dual Vanities in Master w/ a Tub/Shower & Separate Shower, New Flooring, Laminate in Liv, Kitch & Hallway, Smooth Ceilings, Covered Front Porch, Deck, Hardiplank & Vinyl Siding

Single-familyProperty Type

1997Year Built

0.93 acresLot Size

$233Est. Price/Sq.Ft.

Listed by Paul Capps • Long & Foster Real Estate INC/Cary

Bought with Diana Lockamy • Coldwell Banker HPW

Redfin checked: 2 minutes ago

•Source:TMLS #2348090

Redfin Estimate

$326,292

$96K since sold in January 2021$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.9% higher than the average sale price ($314K) of 6 comparable homes.

SOLD MAY 22, 2026
$310,000
A
3 beds2 baths1,370 sq ft
55 Edward Ct, Willow Spring, NC 27592
SOLD JUN 4, 2026
$325,000
B
3 beds2 baths1,306 sq ft
108 Danbury Ct, Willow Spring, NC 27592
SOLD MAY 8, 2026
$294,900
C
3 beds2 baths1,236 sq ft
1941 White Memorial Church Rd, Willow Spring, NC 27592
SOLD JUL 13, 2026
$350,000
D
3 beds2 baths1,500 sq ft
292 Buckhaven Dr, Willow Spring, NC 27592
SOLD DEC 11, 2025
$329,000
E
3 beds2 baths1,278 sq ft
1333 Honeycutt Rd, Willow Spring, NC 27592
SOLD MAR 25, 2026
$275,000
F
3 beds2 baths1,112 sq ft
136 Pebblestone Ct, Willow Spring, NC 27592

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Earn from this home

Sell

$141,478

Est. take-home

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Rent

$1,960/mo

Redfin rental estimate

List your home for rent

Market trends in 27592, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.5%

0.1% MoM

Median sale price

$425K

$392 MoM

Avg. days on market

50d

4 days MoM

Recently sold homes

103

14 MoM

New listings for sale

COMING SOON
$430,000
3 beds2.5 baths1,770 sq ft
8104 Hartwood Glen Cir, Willow Spring, NC 27592
3D WALKTHROUGH
$460,000
3 beds3 baths2,458 sq ft
7328 Blannie Farms Ln, Willow Spring, NC 27592
$335,000
3 beds2 baths1,366 sq ft
6201 Lilly Stream Ct, Willow Spring, NC 27592
$525,000
3 beds2.5 baths3,284 sq ft
9021 River Hawk Lndg, Willow Spring, NC 27592
$499,900
4 beds2.5 baths2,573 sq ft
1220 Huffington Oak Dr, Willow Spring, NC 27592
$269,000
3 beds2 baths1,437 sq ft
101 Ander Ln, Willow Spring, NC 27592
$525,000
3 beds2.5 baths2,466 sq ft
7100 Sarahwood Ct, Willow Spring, NC 27592
VIDEO TOUR
$399,900
3 beds2 baths1,635 sq ft
7100 Deer Brook St, Willow Spring, NC 27592
$549,000
4 beds3 baths2,832 sq ft
1237 Huffington Oak Dr, Willow Spring, NC 27592
$554,900
3 beds3 baths2,305 sq ft
7425 Blannie Farms Ln, Willow Spring, NC 27592
See all

Provided by Redfin

Sale history for 505 Penwood Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,908 (−1.6%)

$74,990 + $230,180

$305,170

2025

$1,939 (+48.8%)

$74,990 + $230,180

$305,170

2024

$1,302 (+3.2%)

$40,000 + $120,700

$160,700

2023

$1,262 (−3.1%)

$40,000 + $120,700

$160,700

2022

$1,302 (+11.3%)

$40,000 + $120,700

$160,700

2021

$1,171 (−0.8%)

$40,000 + $104,520

$144,520

2020

$1,180 (+2.4%)

$40,000 + $100,530

$140,530

2019

$1,152 (+25.5%)

$40,000 + $100,530

$140,530

2018

$918

$28,000 + $81,290

$109,290

2017

$918

$28,000 + $81,290

$109,290

2016

$918

$28,000 + $81,290

$109,290

2014

$918

$28,000 + $81,290

$109,290

2013

$918 (+2.4%)

$28,000 + $81,290

$109,290

2012

$896

$28,000 + $81,290

$109,290

2011

$896

$28,000 + $81,290

$109,290

Tax history for 505 Penwood Rd

Year

Property tax

Land + Additions

Assessment*

2026

$1,908 (−1.6%)

$74,990 + $230,180

$305,170

2025

$1,939 (+48.8%)

$74,990 + $230,180

$305,170

2024

$1,302 (+3.2%)

$40,000 + $120,700

$160,700

2023

$1,262 (−3.1%)

$40,000 + $120,700

$160,700

2022

$1,302 (+11.3%)

$40,000 + $120,700

$160,700

2021

$1,171 (−0.8%)

$40,000 + $104,520

$144,520

2020

$1,180 (+2.4%)

$40,000 + $100,530

$140,530

2019

$1,152 (+25.5%)

$40,000 + $100,530

$140,530

2018

$918

$28,000 + $81,290

$109,290

2017

$918

$28,000 + $81,290

$109,290

2016

$918

$28,000 + $81,290

$109,290

2014

$918

$28,000 + $81,290

$109,290

2013

$918 (+2.4%)

$28,000 + $81,290

$109,290

2012

$896

$28,000 + $81,290

$109,290

2011

$896

$28,000 + $81,290

$109,290

*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

Stories

Lot width

—

Lot depth

—

Lot size

0.99 Acres

Year renovated

2011

Sq. Ft.

1,400

Year built

1997

Style

Single Family Residential

County

Johnston County

APN

13C03003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

Agricultural-Residential District

The agricultural-residential district (AR) is intended to encourage the continuance of agricultural uses as well as to ensure that residential development will occur at sufficient densities to provide for a range of housing opportunities throughout the county. Further, it is the intention of the regulations of this district to ensure that residential development having access and connecting to public water and sanitary sewer systems will occur within a healthful environment.

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Library
Cemetery
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Parking Features: Driveway, Gravel

Interior

Bathroom Information
Bathrooms Full: 2

Bedroom Information
Bedrooms Total: 3

Interior Features
Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Wall Oven
Laundry Features: Laundry Room, Main Level
Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Primary Downstairs, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
Flooring: Carpet, Laminate, Vinyl

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement, Vinyl Siding
Building Area Total: 1400.0
Structure Type: Modular

Exterior Features
Patio and Porch Features: Covered, Deck, Porch
Foundation Details: Brick/Mortar
Exterior Features: Rain Gutters

Property information
Accessibility Features: Accessible Washer/Dryer, Level Flooring
Above Grade Finished Area: 1400.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other

Lot Information
Lot Size Acres: 0.93
Lot Size Area: 0.93
Lot Size Dimensions: see plat
Lot Size Square Feet: 40510.8
Lot Size Units: Acres
Zoning: RAG

Financial

Tax Information
Tax Annual Amount: 972.0

Financial Information
Buyer Financing: FHA

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

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

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown

School Information
Elementary School: Johnston - Dixon Road
Middle Or Junior School: Johnston - McGees Crossroads
High School: Johnston - W Johnston

Location Information
County Or Parish: Johnston
Directions: Highway 401 S - Lt on TenTen - Rt on Old Stage Rd - Lt on Rock Service Station Rd - Becomes Jackson King Rd - Lt on White Memorial Church Rd - Rt on Penwood Rd - or hit White Memorial Church Rd Right off Hwy 210 and make Lt on Penwood.
Latitude: 35.534695
Longitude: -78.637506
Postal Code: 27592

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,400
Stories: 1.0
Lot Size: 0.99 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 2011
County: Johnston County
APN: 13C03003

Home facts updated by county records on Aug 31, 2026

Other

hidden custom fields
Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2021-01-06
Documents Change Timestamp: 2024-06-17T20:09:53.000Z
Price Change Timestamp: 2020-11-16T11:38:45.000Z

Listing Price Information
Previous List Price: 239900.0

Around this home

Schools

Dixon Road Elementary

Public PreK-5 • Assigned • 2.4mi

9/10

McGee's Crossroads Middle School

Public 6-8 • Assigned • 3.8mi

9/10

West Johnston High

Public 9-12 • Assigned • 5.6mi

4/10

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

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 106° expected this year, 17 days in 30 years

6/10 Wind Factor

67% 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

Willow Spring, NC • 27592

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$310,000 – $376,000

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New listings for sale in 27592

COMING SOON

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3D WALKTHROUGH

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7328 Blannie Farms Ln, Willow Spring, NC 27592

$335,000

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$525,000

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9021 River Hawk Lndg, Willow Spring, NC 27592

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1220 Huffington Oak Dr, Willow Spring, NC 27592

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VIDEO TOUR

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$549,000

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1237 Huffington Oak Dr, Willow Spring, NC 27592

Home values near 505 Penwood Rd

Data from public records.

Address	Redfin Estimate
607 Penwood Rd, Willow Spring, NC 3 Beds \| 1 Baths \| 1144 Sq. Ft.	$222,855
51 Buckstone Pl, Willow Spring, NC 4 Beds \| 2.5 Baths \| 2296 Sq. Ft.	$433,094

Address	Redfin Estimate
601 Penwood Rd, Willow Spring, NC 3 Beds \| 2 Baths \| 1728 Sq. Ft.	$198,808
75 Buckstone Pl, Willow Spring, NC 3 Beds \| 3.5 Baths \| 2402 Sq. Ft.	$505,854

Address	Redfin Estimate
25 Buckstone Pl, Willow Spring, NC 4 Beds \| 3 Baths \| 2800 Sq. Ft.	$524,857
102 Buckstone Pl, Willow Spring, NC 4 Beds \| 2.5 Baths \| 2257 Sq. Ft.	$447,430

Property information provided by TMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27592, NC

Sale history for 505 Penwood Rd

Tax history for 505 Penwood Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27592

Home values near 505 Penwood Rd

More real estate resources