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702 Penn Rd; Raleigh, NC Property Details

702 Penn Rd, Raleigh, NC is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 702 Penn Rd has 2 bedrooms, and 1 bathroom, and a total of 840 square feet. The lot size of 702 Penn Rd is 7,405 square feet.

Off market
702 Penn Rd Raleigh, NC 27604
$415,000 Listing Price
2 Beds
1 Baths
840 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $426,000
  • Open Loans: 1
  • Gross Yield: 6.515%
  • APN: 1714.17-11-7992-000
  • Situs County: Wake
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 840/SqFt
  • Lot: 7,405/SqFt
  • Gross: 840/SqFt
  • Living: 840/SqFt
  • Building: 840/SqFt
  • Ground: 840/SqFt
  • Price Per Square Foot: $507.14

Legal Description

  • Description: LO136 W PRT & E PRT LT 137 CAPITOL HEIGH
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: 35.787964 / -78.62306
  • Subdivision: Capitol Heigh
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2359
  • Cooling: None
  • Heating: Forced air unit

Ownership Info

702 Penn Rd has no associated ownership info
702 Penn Rd has no associated ownership info.

Taxes

702 Penn Rd has 8 associated Taxes items

702 Penn 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 $404,478. The APN we've located for 702 Penn Rd is 1714.17-11-7992-000.

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Taxes
  • Assessed Value:  $404,478
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.17-11-7992-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Market Value:  404478
  • Market Year:  2025

Tax History

702 Penn Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $404,478 Land Value $300,000 Improvement Value $104,478 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $404,478 Land Value $300,000 Improvement Value $104,478 Tax Amount $3,532.89 Change Rate +0.219601% Assessed CR Tax Rate +0.008734%
Year 2023 Assessed Value $263,923 Land Value $180,000 Improvement Value $83,923 Tax Amount $2,896.76 Change Rate +0.075974% Assessed CR Tax Rate +0.010976%
Year 2022 Assessed Value $263,923 Land Value $180,000 Improvement Value $83,923 Tax Amount $2,692.22 Change Rate +0.040283% Assessed CR Tax Rate +0.010201%
Year 2021 Assessed Value $263,923 Land Value $180,000 Improvement Value $83,923 Tax Amount $2,587.97 Change Rate +0.018489% Assessed CR Tax Rate +0.009806%
Year 2020 Assessed Value $263,923 Land Value $180,000 Improvement Value $83,923 Tax Amount $2,540.99 Change Rate +0.233664% Assessed CR Tax Rate +0.009628%
Year 2019 Assessed Value $176,004 Land Value $108,000 Improvement Value $68,004 Tax Amount $2,059.71 Change Rate +0.060056% Assessed CR Tax Rate +0.011703%
Year 2018 Assessed Value $176,004 Land Value $108,000 Improvement Value $68,004 Tax Amount $1,943.02 Change Rate +0.049731% Assessed CR Tax Rate +0.01104%
Year 2017 Assessed Value $176,004 Land Value $108,000 Improvement Value $68,004 Tax Amount $1,850.97 Change Rate +0.020876% Assessed CR Tax Rate +0.010517%
Year 2016 Assessed Value $176,004 Land Value $108,000 Improvement Value $68,004 Tax Amount $1,813.12 Change Rate +0.324383% Assessed CR Tax Rate +0.010302%
Year 2015 Assessed Value $130,278 Land Value $80,000 Improvement Value $50,278 Tax Amount $1,369.03 Change Rate Assessed CR Tax Rate +0.010509%
Year 2014 Assessed Value $130,278 Land Value $80,000 Improvement Value $50,278 Tax Amount Change Rate Assessed CR Tax Rate