Last Sold Price
171,626 Lot Size3.94 Acres
7901 Penny Rd, Raleigh, NC 27606

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

  1. Listed by Doug Jacobs • Coldwell Banker Advantage

Property Details for 7901 Penny Road

Status
MLS #
2531670
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
3.94 AC
View
Yes
Subdivision
Not in a Subdivision

Location

Listing Courtesy of Coldwell Banker Advantage

Sold By Keller Williams Realty Cary

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Building Information for 7901 Penny Road

Lot Size3.94 AC

Payment Calculator

$2,555 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,287

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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 Type: Land
  • Property Class Name: CrossProperty

Property History for 7901 Penny Road

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Sold

TRIANGLEMLS #2531670

$450,000
Jun 5, 2024

Sold (Public Record)

Public Record #1534139744

$450,000
Feb 11, 2024

Pending

TRIANGLEMLS #2531670

DateEvent & SourcePrice
06/10/2024

Sold

TRIANGLEMLS #2531670

$450,000
06/05/2024

Sold (Public Record)

Public Record #1534139744

$450,000
02/11/2024

Pending

TRIANGLEMLS #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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Advantage

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