Sold
Last Sold Price
171,626 Lot Size3.94 Acres
7901 Penny Rd, Raleigh, NC 27606
LandProperty Type
3.94 acresLot Size

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.
Listing closed: 06/10/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2531670

Location

Listing Courtesy of Coldwell Banker Advantage

Sold By Keller Williams Realty Cary

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Payment Calculator

$2,593 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,325

Property Taxes

$268

HOA Dues

$0

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Property Information for 7901 Penny Road

Property Details
  • MLS Type: Land / Unimproved Land
  • County: Wake County
  • Subdivision: Not in a Subdivision
Building Information
  • Lot Size: 3.94 AC
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
  • Has City Limits: No
  • Has Restrictive Covenants: No
Contract Information
  • Original Listing ID: 2531670
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Due Diligence Expiration Date: 2024-05-09
School Information
  • Elementary School: Wake - Swift Creek Elementary
  • Middle Or Junior School: Wake - Dillard Drive Middle
  • High School: Wake - Athens Drive High
Property
Lot Information
  • Lot Features: Level
  • Vegetation: Wooded Description: Hardwoods
  • Sold PriceList Price: 0.87
Property and Assessments
  • Current Use: Vacant
Utilities
  • Sewer: Other
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well

Property History for 7901 Penny Road

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Sold

Doorify MLS (fka Triangle MLS) #2531670

$450,000
Jun 5, 2024

Sold (Public Record)

Public Record #1534139744

$450,000
Feb 11, 2024

Pending

Doorify MLS (fka Triangle MLS) #2531670

DateEvent & SourcePrice
06/10/2024

Sold

Doorify MLS (fka Triangle MLS) #2531670

$450,000
06/05/2024

Sold (Public Record)

Public Record #1534139744

$450,000
02/11/2024

Pending

Doorify MLS (fka Triangle MLS) #2531670

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

Public Records for 7901 Penny Road

Taxable ValueLand$344,532Additions$155,152Total$499,684
Tax Record2025$3,216 ($268 / 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.

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Listing Courtesy of Coldwell Banker Advantage

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