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705 Penncross Dr; Raleigh, NC Property Details

705 Penncross Dr, Raleigh, NC is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 705 Penncross Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,005 square feet. The lot size of 705 Penncross Dr is 8,712 square feet.

Off market
705 Penncross Dr Raleigh, NC 27610
$146,500 Listing Price
4 Beds
2 Baths
2,005 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $146,500
  • Open Loans / Balance: 2 / $52,531
  • Est. Equity / %: $296,469 / 84.95%
  • Gross Yield: 7.393%
  • APN: 1734.04-50-4504-000
  • Situs County: Wake
  • Length Of Ownership: 27 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Average
  • Roof Type: Gable
  • Deck: true

Measurements

  • Total: 2,005/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,005/SqFt
  • Garage: 220/SqFt
  • Living: 2,005/SqFt
  • Building: 2,005/SqFt
  • Garage Unfinished: 220/SqFt
  • Price Per Square Foot: $73.07

Legal Description

  • Description: LO23 VILLAGE LAKES SUB PH4 BM1992-251
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: 35.78388 / -78.54344
  • Subdivision: Village Lakes Sub Ph4
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 2180
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $179
  • H O A Amount: $179
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

705 Penncross Dr has no associated ownership info
705 Penncross Dr has no associated ownership info.

Taxes

705 Penncross Dr has 10 associated Taxes items

705 Penncross Dr, 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 $366,412. The APN we've located for 705 Penncross Dr is 1734.04-50-4504-000.

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Taxes
  • Assessed Value:  $366,412
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1734.04-50-4504-000
  • Assessed Land Value:  70000
  • Market Land Value:  70000
  • Tax Amount:  3215.48
  • Tax Year:  2025
  • Market Value:  366412
  • Market Year:  2025

Tax History

705 Penncross Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $366,412 Land Value $70,000 Improvement Value $296,412 Tax Amount $3,215.48 Change Rate +0.004119% Assessed CR Tax Rate +0.008776%
Year 2024 Assessed Value $366,412 Land Value $70,000 Improvement Value $296,412 Tax Amount $3,202.29 Change Rate +0.298682% Assessed CR Tax Rate +0.00874%
Year 2023 Assessed Value $224,385 Land Value $36,000 Improvement Value $188,385 Tax Amount $2,465.8 Change Rate +0.075876% Assessed CR Tax Rate +0.010989%
Year 2022 Assessed Value $224,385 Land Value $36,000 Improvement Value $188,385 Tax Amount $2,291.9 Change Rate +0.040227% Assessed CR Tax Rate +0.010214%
Year 2021 Assessed Value $224,385 Land Value $36,000 Improvement Value $188,385 Tax Amount $2,203.27 Change Rate +0.018462% Assessed CR Tax Rate +0.009819%
Year 2020 Assessed Value $224,385 Land Value $36,000 Improvement Value $188,385 Tax Amount $2,163.33 Change Rate +0.084735% Assessed CR Tax Rate +0.009641%
Year 2019 Assessed Value $170,363 Land Value $32,000 Improvement Value $138,363 Tax Amount $1,994.34 Change Rate +0.060035% Assessed CR Tax Rate +0.011706%
Year 2018 Assessed Value $170,363 Land Value $32,000 Improvement Value $138,363 Tax Amount $1,881.39 Change Rate +0.049719% Assessed CR Tax Rate +0.011043%
Year 2017 Assessed Value $170,363 Land Value $32,000 Improvement Value $138,363 Tax Amount $1,792.28 Change Rate +0.020858% Assessed CR Tax Rate +0.01052%
Year 2016 Assessed Value $170,363 Land Value $32,000 Improvement Value $138,363 Tax Amount $1,755.66 Change Rate -0.01237% Assessed CR Tax Rate +0.010305%
Year 2015 Assessed Value $169,739 Land Value $26,000 Improvement Value $143,739 Tax Amount $1,777.65 Change Rate +0.054047% Assessed CR Tax Rate +0.010473%
Year 2014 Assessed Value $169,739 Land Value $26,000 Improvement Value $143,739 Tax Amount $1,686.5 Change Rate Assessed CR Tax Rate +0.009936%