8016 Penny Road

Raleigh, NC 27606

$789,900
Price
5
Beds
2
Baths
2,350 Sq. Ft.
$336 / Sq. Ft.
2,350
Sq. Ft.
$336
per Sq. Ft.
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Description

Welcome to 8016 and 8012 Penny Road, Raleigh, NC—a one of a kind property offering exceptional potential for redevelopment or flexible living arrangements. Situated on two gently sloping lots totaling 3.5-acres, this listing includes two single-story homes ready for your imagination. The main home features a classic design with a walkout basement, offering ample space and functionality. Inside, you'll find a family room adorned with traditional paneling, complemented by formal living and dining rooms...Welcome to 8016 and 8012 Penny Road, Raleigh, NC—a one of a kind property offering exceptional potential for redevelopment or flexible living arrangements. Situated on two gently sloping lots totaling 3.5-acres, this listing includes two single-story homes ready for your imagination. The main home features a classic design with a walkout basement, offering ample space and functionality. Inside, you'll find a family room adorned with traditional paneling, complemented by formal living and dining rooms that provide a welcoming atmosphere for gatherings. The home includes three spacious bedrooms and two full bathrooms. The home also features a walkout basement with an office/bonus room and the laundry area. The second home on the property presents an excellent opportunity for rental income or extended family living. Its single-story layout ensures easy accessibility and comfort. The property also has a sturdy outbuilding. This property is ideally located offering a blend of rural tranquility and urban convenience. Whether you are looking to redevelop, invest, or find a spacious home with rental potential, 8016 and 8012 Penny Road provides a rare opportunity to meet your needs.
  1. Listed by Frank DeRonja • Corcoran DeRonja Real Estate
  2. Listed by Sara DuChon • Corcoran DeRonja Real Estate

Property Details for 8016 Penny Road

View
Trees/Woods
View
Yes
Waterfront
No
Subdivision
Swift Creek
LISTING UPDATED: 10/09/2024 06:32 PM

Property Details for 8016 Penny Road

StatusActive
MLS #10057333
Days on Market8
Taxes$4,694 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1954
Lot Size3.50 AC / 152,460 SF
CountyWake County

Building Information for 8016 Penny Road

Stories1Year Built1954Building Size-Lot Size3.50 AC / 152,460 SF

Property Information for 8016 Penny Road

Summary
Location and General Information
  • Zoning: R-40W
  • Directions: Lake Wheeler Road to Right on Penny Road--go about 3.8 miles and your home will be on the right.
  • Subdivision Name: Swift Creek
  • Latitude: 35.70217
  • Longitude: -78.738481
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,694.21
  • City Limits Of: Raleigh
  • City Limits YN: No
  • Lot Number: Attached
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Swift Creek
  • Middle Or Junior School: Wake - Dillard
  • High School: Wake - Athens Dr
Parking
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel, Off Street, Outside, Unpaved
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2350.0
  • Lot Features: Back Yard, Many Trees
  • Architectural Style: Ranch
  • Other Area Above Grade: 0
  • Other Area Below Grade: 0
  • Total Other Area Sq Ft: 0
  • Other Structures: Outbuilding, Shed(s), Workshop
  • Parcel Number: # 0771706474 & 0771706578
  • Structure Type: House
  • Enhanced Accessible: Yes
  • Power Production YN: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 48
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 594.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: No Common Walls
  • Community Features: None
  • Senior Community: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected
  • Water Source: Shared Well
  • Water_Sewer: Shared Well, Septic Tank, Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area
  • Construction Materials: Block, Brick, Vinyl Siding
  • Exterior Features: Private Yard, Storage
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Patio, Side Porch
  • Pool Features: None
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Block, Brick, Vinyl Siding, House
Interior Features
  • Levels: One
  • Stories: 1
  • Basement Description: Block, Crawl Space, Daylight, Partial, Walk-Out Access
  • Fireplace Y N: No
  • Flooring: Carpet, Linoleum, Tile
  • Door Features: Sliding Doors, Storm Door(s)
  • Cooling: Central Air, Gas
  • Cooling?: Yes
  • Heating: Gas Pack, Natural Gas
  • Heating?: Yes
  • Appliances: Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Range Hood, Refrigerator
  • Laundry Features: In Basement
  • Interior Features: Bathtub/Shower Combination, Laminate Counters
  • Equipment Appliances: Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Range Hood, Refrigerator
  • Interior: Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected, Driveway, Gravel, Off Street, Outside, Unpaved, Block, Brick, Vinyl Siding, In Basement
  • Equipment: Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Range Hood, Refrigerator, In Basement, Driveway, Gravel, Off Street, Outside, Unpaved
Room Information
Room Information
  • Rooms Total: 9.0
Room 1
  • Room Dimensions: 19.7 x 12.7
  • Room Width: 12.7
  • Room Length: 19.7
  • Room Level: Main
  • Room Type: Family Room
Room 2
  • Room Dimensions: 17.3 x 9.3
  • Room Width: 9.3
  • Room Length: 17.3
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 10.1 x 10.1
  • Room Width: 10.1
  • Room Length: 10.1
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 19.7 x 11.9
  • Room Width: 11.9
  • Room Length: 19.7
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 5
  • Room Dimensions: 12.3 x 12.7
  • Room Width: 12.7
  • Room Length: 12.3
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Dimensions: 13.1 x 10.8
  • Room Width: 10.8
  • Room Length: 13.1
  • Room Level: Main
  • Room Type: Bedroom 3
Room 7
  • Room Dimensions: 11.1 x 11.6
  • Room Width: 11.6
  • Room Length: 11.1
  • Room Level: Main
  • Room Type: Bedroom 4
Room 8
  • Room Dimensions: 11.4 x 13
  • Room Width: 13.0
  • Room Length: 11.4
  • Room Level: Basement
  • Room Type: Bedroom 5
Room 9
  • Room Dimensions: 24.7 x 11.3
  • Room Width: 11.3
  • Room Length: 24.7
  • Room Level: Basement
  • Room Type: Recreation Room
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 8016 Penny Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8016 Penny Road

Taxable ValueLand$204,000Additions$248,739Total$452,739
Tax Record2024$2,832 ($236 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,431 SqFtAbove Grade Finished SqFt2,431 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1974ZoningR-40WCountyWAKEAPN0771.04-70-6578 0037172

Schools near 8016 Penny Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Swift Creek Elementary
Public - K to 5
Dillard Drive Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
Crossroads FLEX
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

Crossroads FLEX
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.

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More information about 8016 Penny Road, Raleigh, NC 27606

8016 Penny Road is a single family home for sale in Raleigh, NC 27606. This property was listed for sale on October 9, 2024 by Corcoran DeRonja Real Estate, it's currently listed at $789,900. This listing's school district is Wake County School District. Nearby schools include Swift Creek Elementary, Dillard Drive Middle and Athens Drive High. 8016 Penny Road is a 5-bed, 2-bath, 2,350 sqft single family home built in 1954.

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 Corcoran DeRonja Real Estate

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.