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5408 Penny Rd; Raleigh, NC Property Details

5408 Penny Rd, Raleigh, NC is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 5408 Penny Rd has 2 bathrooms, and a total of 1,955 square feet. The lot size of 5408 Penny Rd is 40,075 square feet.

Off market
5408 Penny Rd Raleigh, NC 27606
$307,206 Estimated Value
2 Baths
1,955 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $165,000
  • Est. Equity / %: $416,000 / 100%
  • Gross Yield: 5.386%
  • APN: 0781.04-93-9772-000
  • Situs County: Wake
  • Length Of Ownership: 27 years, 6 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,955/SqFt
  • Lot: 40,075/SqFt
  • Gross: 1,955/SqFt
  • Garage: 528/SqFt
  • Living: 1,955/SqFt
  • Building: 1,955/SqFt
  • Ground: 1,955/SqFt
  • Garage Unfinished: 528/SqFt
  • Price Per Square Foot: $84.40

Legal Description

  • Description: LO7 RCMB WM CNST BLDLATTIE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.710575 / -78.696915
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9303
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

5408 Penny Rd has no associated ownership info
5408 Penny Rd has no associated ownership info.

Taxes

5408 Penny Rd has 10 associated Taxes items

5408 Penny Rd, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $307,206. The APN we've located for 5408 Penny Rd is 0781.04-93-9772-000.

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Taxes
  • Assessed Value:  $307,206
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0781.04-93-9772-000
  • Assessed Land Value:  120000
  • Market Land Value:  120000
  • Tax Amount:  1984.89
  • Tax Year:  2025
  • Market Value:  307206
  • Market Year:  2025

Tax History

5408 Penny Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $307,206 Land Value $120,000 Improvement Value $187,206 Tax Amount $1,984.89 Change Rate +0.029641% Assessed CR Tax Rate +0.006461%
Year 2024 Assessed Value $307,206 Land Value $120,000 Improvement Value $187,206 Tax Amount $1,927.75 Change Rate +0.090147% Assessed CR Tax Rate +0.006275%
Year 2023 Assessed Value $224,233 Land Value $84,000 Improvement Value $140,233 Tax Amount $1,768.34 Change Rate +0.078644% Assessed CR Tax Rate +0.007886%
Year 2022 Assessed Value $224,233 Land Value $84,000 Improvement Value $140,233 Tax Amount $1,639.41 Change Rate +0.027399% Assessed CR Tax Rate +0.007311%
Year 2021 Assessed Value $224,233 Land Value $84,000 Improvement Value $140,233 Tax Amount $1,595.69 Change Rate +0.016719% Assessed CR Tax Rate +0.007116%
Year 2020 Assessed Value $224,233 Land Value $84,000 Improvement Value $140,233 Tax Amount $1,569.45 Change Rate +0.071648% Assessed CR Tax Rate +0.006999%
Year 2019 Assessed Value $176,872 Land Value $80,000 Improvement Value $96,872 Tax Amount $1,464.52 Change Rate +0.087044% Assessed CR Tax Rate +0.00828%
Year 2018 Assessed Value $176,872 Land Value $80,000 Improvement Value $96,872 Tax Amount $1,347.25 Change Rate +0.054549% Assessed CR Tax Rate +0.007617%
Year 2017 Assessed Value $176,872 Land Value $80,000 Improvement Value $96,872 Tax Amount $1,277.56 Change Rate +0.020481% Assessed CR Tax Rate +0.007223%
Year 2016 Assessed Value $176,872 Land Value $80,000 Improvement Value $96,872 Tax Amount $1,251.92 Change Rate +0.063599% Assessed CR Tax Rate +0.007078%
Year 2015 Assessed Value $166,604 Land Value $75,000 Improvement Value $91,604 Tax Amount $1,177.06 Change Rate +0.054477% Assessed CR Tax Rate +0.007065%
Year 2014 Assessed Value $166,604 Land Value $75,000 Improvement Value $91,604 Tax Amount $1,116.25 Change Rate Assessed CR Tax Rate +0.0067%