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7020 Penny Rd; Raleigh, NC Property Details

7020 Penny Rd, Raleigh, NC is a Single Family that was built in 1988. This property is not for sale. Our records show that 7020 Penny Rd has 3.5 bathrooms, and a total of 2,890 square feet. The lot size of 7020 Penny Rd is 80,150 square feet.

Off market
7020 Penny Rd Raleigh, NC 27606
$652,164 Estimated Value
3.5 Baths
2,890 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $260,000
  • Est. Equity / %: $663,000 / 100%
  • Gross Yield: 7.028%
  • APN: 0780.01-18-2955-000
  • Situs County: Wake
  • Length Of Ownership: 31 years, 8 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Roof Type: Gable
  • Deck: true

Measurements

  • Total: 2,890/SqFt
  • Lot: 80,150/SqFt
  • Gross: 2,890/SqFt
  • Garage: 624/SqFt
  • Living: 2,890/SqFt
  • Building: 2,890/SqFt
  • Ground: 2,890/SqFt
  • Garage Unfinished: 624/SqFt
  • Price Per Square Foot: $89.97

Legal Description

  • Description: LO2 PROP STEVE W FOWLER BM1988-906
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: 35.697586 / -78.72638
  • Subdivision: Property/Steven W Fowler
  • Property Class: Residential
  • Zoning: R-80W
  • County Use Code: 01

Amenities

  • Plus Four: 9319
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

7020 Penny Rd has no associated ownership info
7020 Penny Rd has no associated ownership info.

Taxes

7020 Penny Rd has 10 associated Taxes items

7020 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 $652,164. The APN we've located for 7020 Penny Rd is 0780.01-18-2955-000.

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Taxes
  • Assessed Value:  $652,164
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0780.01-18-2955-000
  • Assessed Land Value:  190560
  • Market Land Value:  190560
  • Tax Amount:  4191.24
  • Tax Year:  2025
  • Market Value:  652164
  • Market Year:  2025

Tax History

7020 Penny Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $652,164 Land Value $190,560 Improvement Value $461,604 Tax Amount $4,191.24 Change Rate +0.049586% Assessed CR Tax Rate +0.006427%
Year 2024 Assessed Value $639,812 Land Value $190,560 Improvement Value $449,252 Tax Amount $3,993.23 Change Rate +0.136219% Assessed CR Tax Rate +0.006241%
Year 2023 Assessed Value $448,184 Land Value $138,600 Improvement Value $309,584 Tax Amount $3,514.49 Change Rate +0.07913% Assessed CR Tax Rate +0.007842%
Year 2022 Assessed Value $448,184 Land Value $138,600 Improvement Value $309,584 Tax Amount $3,256.78 Change Rate +0.027576% Assessed CR Tax Rate +0.007267%
Year 2021 Assessed Value $448,184 Land Value $138,600 Improvement Value $309,584 Tax Amount $3,169.38 Change Rate +0.016821% Assessed CR Tax Rate +0.007072%
Year 2020 Assessed Value $448,184 Land Value $138,600 Improvement Value $309,584 Tax Amount $3,116.95 Change Rate +0.048356% Assessed CR Tax Rate +0.006955%
Year 2019 Assessed Value $361,599 Land Value $130,400 Improvement Value $231,199 Tax Amount $2,973.18 Change Rate +0.087706% Assessed CR Tax Rate +0.008222%
Year 2018 Assessed Value $361,599 Land Value $130,400 Improvement Value $231,199 Tax Amount $2,733.44 Change Rate +0.054987% Assessed CR Tax Rate +0.007559%
Year 2017 Assessed Value $361,599 Land Value $130,400 Improvement Value $231,199 Tax Amount $2,590.97 Change Rate +0.020654% Assessed CR Tax Rate +0.007165%
Year 2016 Assessed Value $361,599 Land Value $130,400 Improvement Value $231,199 Tax Amount $2,538.54 Change Rate -0.121594% Assessed CR Tax Rate +0.00702%
Year 2015 Assessed Value $413,239 Land Value $189,600 Improvement Value $223,639 Tax Amount $2,889.94 Change Rate +0.055065% Assessed CR Tax Rate +0.006993%
Year 2014 Assessed Value $413,239 Land Value $189,600 Improvement Value $223,639 Tax Amount $2,739.11 Change Rate Assessed CR Tax Rate +0.006628%