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705 Penn Rd; Raleigh, NC Property Details

705 Penn Rd, Raleigh, NC is a Single Family that was built in 2017. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 705 Penn Rd has 3 bedrooms, and 3.5 bathrooms, and a total of 2,956 square feet. The lot size of 705 Penn Rd is 8,712 square feet.

Off market
705 Penn Rd Raleigh, NC 27604
$110,000 Listing Price
3 Beds
3.5 Baths
2,956 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $340,403
  • Est. Equity / %: $784,597 / 69.74%
  • Gross Yield: 6.503%
  • APN: 1714.17-12-9039-000
  • Situs County: Wake
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,956/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,956/SqFt
  • Garage: 378/SqFt
  • Living: 2,956/SqFt
  • Building: 2,956/SqFt
  • Garage Unfinished: 378/SqFt
  • Price Per Square Foot: $37.21

Legal Description

  • Description: LO123 CAPITOL HEIGHTS BM1945-00113
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: 35.78843 / -78.62258
  • Subdivision: Capitol Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2358
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

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

Taxes

705 Penn Rd has 10 associated Taxes items

705 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 $1,009,487. The APN we've located for 705 Penn Rd is 1714.17-12-9039-000.

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Taxes
  • Assessed Value:  $1,009,487
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.17-12-9039-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  8823.74
  • Tax Year:  2025
  • Market Value:  1009487
  • Market Year:  2025

Tax History

705 Penn Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,009,487 Land Value $300,000 Improvement Value $709,487 Tax Amount $8,823.74 Change Rate +0.004135% Assessed CR Tax Rate +0.008741%
Year 2024 Assessed Value $1,009,487 Land Value $300,000 Improvement Value $709,487 Tax Amount $8,787.4 Change Rate +0.168149% Assessed CR Tax Rate +0.008705%
Year 2023 Assessed Value $688,303 Land Value $180,000 Improvement Value $508,303 Tax Amount $7,522.5 Change Rate +0.076323% Assessed CR Tax Rate +0.010929%
Year 2022 Assessed Value $688,303 Land Value $180,000 Improvement Value $508,303 Tax Amount $6,989.07 Change Rate +0.040475% Assessed CR Tax Rate +0.010154%
Year 2021 Assessed Value $688,303 Land Value $180,000 Improvement Value $508,303 Tax Amount $6,717.19 Change Rate +0.018579% Assessed CR Tax Rate +0.009759%
Year 2020 Assessed Value $688,303 Land Value $180,000 Improvement Value $508,303 Tax Amount $6,594.67 Change Rate +0.11751% Assessed CR Tax Rate +0.009581%
Year 2019 Assessed Value $507,483 Land Value $108,000 Improvement Value $399,483 Tax Amount $5,901.22 Change Rate +0.060463% Assessed CR Tax Rate +0.011628%
Year 2018 Assessed Value $108,000 Land Value $108,000 Improvement Value Tax Amount $5,564.76 Change Rate +3.952969% Assessed CR Tax Rate +0.051526%
Year 2017 Assessed Value $108,000 Land Value $108,000 Improvement Value Tax Amount $1,123.52 Change Rate Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $166,998 Land Value $108,000 Improvement Value $58,998 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $119,146 Land Value $60,000 Improvement Value $59,146 Tax Amount $1,253.75 Change Rate Assessed CR Tax Rate +0.010523%
Year 2014 Assessed Value $119,146 Land Value $60,000 Improvement Value $59,146 Tax Amount Change Rate Assessed CR Tax Rate