7901 Penny Rd

Raleigh, NC 27606

$450,000
Last Sold Price
171,626 / 3.94
Lot Size / Acres

Description

Rare Opportunity for a True Estate Homesite in Wake County. Convenient to Downtown Raleigh and Located in the Swift Creek Watershed, this 3.94 acre Tract Features a Beautiful Pond and is perfect for an Executive Estate.. The Location Ensures Protection from Dense Development due to Watershed. There is an Existing Septic System and Well in Place. The Existing Home is currently Occupied but Conveys at No Value.Rare Opportunity for a True Estate Homesite in Wake County. Convenient to Downtown Raleigh and Located in the Swift Creek Watershed, this 3.94 acre Tract Features a Beautiful Pond and is perfect for an Executive Estate.. The Location Ensures Protection from Dense Development due to Watershed. There is an Existing Septic System and Well in Place. The Existing Home is currently Occupied but Conveys at No Value.
  1. Listed by Doug Jacobs • Coldwell Banker Advantage

Property Details for 7901 Penny Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 02/28/2025 04:50 AM

Property Details for 7901 Penny Road

StatusClosed
MLS #2531670
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size3.94 AC
CountyWake County

Location

Listing Courtesy of Coldwell Banker Advantage

Sold By Keller Williams Realty Cary

Add your commute

Building Information for 7901 Penny Road

Lot Size3.94 AC

Payment Calculator

$2,617 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,358

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7901 Penny Road

Summary
Location and General Information
  • Directions: Penny Rd East from Lake Wheeler Rd. After Crossing over the Lake the Property is on the Left just past Graham Newton Rd.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.700335
  • Longitude: -78.738472
  • Road Surface Type: Paved
Taxes and HOA Information
  • City Limits YN: No
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Original Listing ID: 2531670
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Due Diligence Expiration Date: 2024-05-09
School Information
  • Elementary School: Wake - Swift Creek
  • Middle Or Junior School: Wake - Dillard
  • High School: Wake - Athens Dr
Property
Lot Information
  • Lot Features: Level
  • Vegetation: Wooded Description: Hardwoods
  • Sold PriceList Price: 0.87
Property and Assessments
  • Photos Count: 9
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Vacant
Utilities
  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well
  • Water_Sewer: Well, Other, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 7901 Penny Road

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Sold

TRIANGLEMLS #2531670

$450,000—
Jun 10, 2024

Pending

TRIANGLEMLS #2531670

—
Jun 5, 2024

Sold (Public Record)

Public Record #1534139744

$450,000—
Sep 12, 2023

Listed (Active)

TRIANGLEMLS #2531670

$515,000—
Sep 12, 2023

Listed (Active)

TRIANGLEMLS #2531670

$515,000—
Nov 5, 2022

Expired

TRIANGLEMLS #2373574

—
Nov 4, 2022

Expired

AMLS #2373574

$2,900,000—
Mar 23, 2021

Listed (Active)

TRIANGLEMLS #2373574

$3,800,000—
Mar 23, 2021

Listed (Active)

AMLS #2373574

$3,800,000—
DateEvent & SourcePrice
06/10/2024

Sold

TRIANGLEMLS #2531670

$450,000
06/10/2024

Pending

TRIANGLEMLS #2531670

—
06/05/2024

Sold (Public Record)

Public Record #1534139744

$450,000
09/12/2023

Listed (Active)

TRIANGLEMLS #2531670

$515,000
09/12/2023

Listed (Active)

TRIANGLEMLS #2531670

$515,000
11/05/2022

Expired

TRIANGLEMLS #2373574

—
11/04/2022

Expired

AMLS #2373574

$2,900,000
03/23/2021

Listed (Active)

TRIANGLEMLS #2373574

$3,800,000
03/23/2021

Listed (Active)

AMLS #2373574

$3,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7901 Penny Road

Taxable ValueLand$342,264Additions$155,152Total$497,416
Tax Record2024$3,109 ($259 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt1,521 SqFtAbove Grade Finished SqFt1,521 SqFtStories1Lot Size172,933 SqFtStyleSingle Family ResidenceYear Built1959ZoningR-40WCountyWAKEAPN0770.02-79-6933 0037454Fireplace TypeHas Fireplace

Schools near 7901 Penny Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Swift Creek Elementary
PublicK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Advantage

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.