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706 Penn Rd; Raleigh, NC Property Details

706 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 706 Penn Rd has 2 bedrooms, and 1.5 bathrooms, and a total of 1,290 square feet. The lot size of 706 Penn Rd is 7,841 square feet.

Off market
706 Penn Rd Raleigh, NC 27604
$355,000 Listing Price
2 Beds
1.5 Baths
1,290 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $355,000
  • Open Loans / Balance: 1 / $244,053
  • Est. Equity / %: $364,947 / 59.93%
  • Gross Yield: 5.884%
  • APN: 1714.17-11-9900-000
  • Situs County: Wake
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • 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: 1,290/SqFt
  • Lot: 7,841/SqFt
  • Gross: 1,290/SqFt
  • Living: 1,290/SqFt
  • Building: 1,290/SqFt
  • Ground: 1,290/SqFt
  • Price Per Square Foot: $275.19

Legal Description

  • Description: LO135 ANAOSHAK KHAVARIAN RCMB BM2022-023
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: 35.787926 / -78.62266
  • Subdivision: Capital Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2359
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

706 Penn Rd has 8 associated Taxes items

706 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 $494,391. The APN we've located for 706 Penn Rd is 1714.17-11-9900-000.

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Taxes
  • Assessed Value:  $494,391
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.17-11-9900-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Market Value:  494391
  • Market Year:  2025

Tax History

706 Penn Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $494,391 Land Value $300,000 Improvement Value $194,391 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $494,391 Land Value $300,000 Improvement Value $194,391 Tax Amount $4,313.79 Change Rate +0.161663% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $338,849 Land Value $180,000 Improvement Value $158,849 Tax Amount $3,713.46 Change Rate +0.0761% Assessed CR Tax Rate +0.010959%
Year 2022 Assessed Value $338,849 Land Value $180,000 Improvement Value $158,849 Tax Amount $3,450.85 Change Rate +0.040353% Assessed CR Tax Rate +0.010184%
Year 2021 Assessed Value $338,849 Land Value $180,000 Improvement Value $158,849 Tax Amount $3,317 Change Rate +0.018522% Assessed CR Tax Rate +0.009789%
Year 2020 Assessed Value $338,849 Land Value $180,000 Improvement Value $158,849 Tax Amount $3,256.68 Change Rate Assessed CR Tax Rate +0.009611%
Year 2019 Assessed Value $235,911 Land Value $108,000 Improvement Value $127,911 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $235,911 Land Value $108,000 Improvement Value $127,911 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $235,911 Land Value $108,000 Improvement Value $127,911 Tax Amount $2,474.18 Change Rate +0.020925% Assessed CR Tax Rate +0.010488%
Year 2016 Assessed Value $235,911 Land Value $108,000 Improvement Value $127,911 Tax Amount $2,423.47 Change Rate +0.179815% Assessed CR Tax Rate +0.010273%
Year 2015 Assessed Value $196,437 Land Value $80,000 Improvement Value $116,437 Tax Amount $2,054.11 Change Rate +0.054136% Assessed CR Tax Rate +0.010457%
Year 2014 Assessed Value $196,437 Land Value $80,000 Improvement Value $116,437 Tax Amount $1,948.62 Change Rate Assessed CR Tax Rate +0.00992%