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5504 Penny Rd; Raleigh, NC Property Details

5504 Penny Rd, Raleigh, NC is a Single Family that was built in 1983. This property is not for sale. Our records show that 5504 Penny Rd has 2 bathrooms, and a total of 1,868 square feet. The lot size of 5504 Penny Rd is 283,140 square feet.

Off market
5504 Penny Rd Raleigh, NC 27606
$511,285 Estimated Value
2 Baths
1,868 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Est. Equity / %: $582,000 / 100%
  • Gross Yield: 6.472%
  • APN: 0781.04-94-4157-000
  • Situs County: Wake

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,868/SqFt
  • Lot: 283,140/SqFt
  • Gross: 1,868/SqFt
  • Garage: 525/SqFt
  • Living: 1,868/SqFt
  • Building: 1,868/SqFt
  • Ground: 1,868/SqFt
  • Garage Unfinished: 525/SqFt

Legal Description

  • Description: STEEP HILL LD
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: 35.712173 / -78.69866
  • Subdivision: Steep Hill
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9304
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

5504 Penny Rd has no associated ownership info
5504 Penny Rd has no associated ownership info.

Taxes

5504 Penny Rd has 10 associated Taxes items

5504 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 $511,285. The APN we've located for 5504 Penny Rd is 0781.04-94-4157-000.

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Taxes
  • Assessed Value:  $511,285
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0781.04-94-4157-000
  • Assessed Land Value:  258600
  • Market Land Value:  258600
  • Tax Amount:  2099.93
  • Tax Year:  2025
  • Market Value:  511285
  • Market Year:  2025

Tax History

5504 Penny Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $511,285 Land Value $258,600 Improvement Value $252,685 Tax Amount $2,099.93 Change Rate +0.029655% Assessed CR Tax Rate +0.004107%
Year 2024 Assessed Value $511,285 Land Value $258,600 Improvement Value $252,685 Tax Amount $2,039.45 Change Rate +0.109862% Assessed CR Tax Rate +0.003989%
Year 2023 Assessed Value $358,472 Land Value $191,250 Improvement Value $167,222 Tax Amount $1,837.57 Change Rate +0.07869% Assessed CR Tax Rate +0.005126%
Year 2022 Assessed Value $358,472 Land Value $191,250 Improvement Value $167,222 Tax Amount $1,703.52 Change Rate +0.027411% Assessed CR Tax Rate +0.004752%
Year 2021 Assessed Value $358,472 Land Value $191,250 Improvement Value $167,222 Tax Amount $1,658.07 Change Rate +0.016722% Assessed CR Tax Rate +0.004625%
Year 2020 Assessed Value $358,472 Land Value $191,250 Improvement Value $167,222 Tax Amount $1,630.8 Change Rate -0.033417% Assessed CR Tax Rate +0.004549%
Year 2019 Assessed Value $325,272 Land Value $162,500 Improvement Value $162,772 Tax Amount $1,687.18 Change Rate +0.087213% Assessed CR Tax Rate +0.005187%
Year 2018 Assessed Value $325,272 Land Value $162,500 Improvement Value $162,772 Tax Amount $1,551.84 Change Rate +0.054662% Assessed CR Tax Rate +0.004771%
Year 2017 Assessed Value $325,272 Land Value $162,500 Improvement Value $162,772 Tax Amount $1,471.41 Change Rate +0.02053% Assessed CR Tax Rate +0.004524%
Year 2016 Assessed Value $325,272 Land Value $162,500 Improvement Value $162,772 Tax Amount $1,441.81 Change Rate -0.374334% Assessed CR Tax Rate +0.004433%
Year 2015 Assessed Value $328,932 Land Value $175,100 Improvement Value $153,832 Tax Amount $2,304.44 Change Rate +0.054963% Assessed CR Tax Rate +0.007006%
Year 2014 Assessed Value $328,932 Land Value $175,100 Improvement Value $153,832 Tax Amount $2,184.38 Change Rate Assessed CR Tax Rate +0.006641%