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717 Penn Rd; Raleigh, NC Property Details

717 Penn Rd, Raleigh, NC is a Single Family that was built in 2022. This property is currently a cash purchase and is for sale. Our records show that 717 Penn Rd has 5 bedrooms, and 3.5 bathrooms, and a total of 5,467 square feet. The lot size of 717 Penn Rd is 9,583 square feet.

On Market for 836 days
717 Penn Rd Raleigh, NC 27604
$1,350,000 Listing Price
5 Beds
3.5 Baths
5,467 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2022
  • Purchase Price: $330,000
  • Open Loans / Balance: 2 / $1,444,089
  • Est. Equity / %: $249,911 / 14.75%
  • Gross Yield: 1.707%
  • APN: 1714.17-22-2096-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 5,467/SqFt
  • Lot: 9,583/SqFt
  • Gross: 5,467/SqFt
  • Living: 5,467/SqFt
  • Building: 5,467/SqFt
  • Price Per Square Foot: $60.36

Legal Description

  • Description: LO111 CAPITAL HEIGHTS RCMB BM2021-01118
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: 35.788322 / -78.62137
  • Subdivision: Capital Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

717 Penn Rd has 10 associated Taxes items

717 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 $2,178,864. The APN we've located for 717 Penn Rd is 1714.17-22-2096-000.

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Taxes
  • Assessed Value:  $2,178,864
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.17-22-2096-000
  • Assessed Land Value:  240000
  • Market Land Value:  240000
  • Tax Amount:  19021.88
  • Tax Year:  2025
  • Market Value:  2178864
  • Market Year:  2025

Tax History

717 Penn Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,178,864 Land Value $240,000 Improvement Value $1,938,864 Tax Amount $19,021.88 Change Rate +0.004141% Assessed CR Tax Rate +0.00873%
Year 2024 Assessed Value $2,178,864 Land Value $240,000 Improvement Value $1,938,864 Tax Amount $18,943.44 Change Rate +0.97794% Assessed CR Tax Rate +0.008694%
Year 2023 Assessed Value $1,344,429 Land Value $180,000 Improvement Value $1,164,429 Tax Amount $9,577.36 Change Rate +4.255067% Assessed CR Tax Rate +0.007124%
Year 2022 Assessed Value $180,000 Land Value $180,000 Improvement Value Tax Amount $1,822.5 Change Rate -0.275008% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $256,302 Land Value $180,000 Improvement Value $76,302 Tax Amount $2,513.82 Change Rate +0.018487% Assessed CR Tax Rate +0.009808%
Year 2020 Assessed Value $256,302 Land Value $180,000 Improvement Value $76,302 Tax Amount $2,468.19 Change Rate +0.388832% Assessed CR Tax Rate +0.00963%
Year 2019 Assessed Value $151,624 Land Value $108,000 Improvement Value $43,624 Tax Amount $1,777.17 Change Rate +0.059953% Assessed CR Tax Rate +0.011721%
Year 2018 Assessed Value $151,624 Land Value $108,000 Improvement Value $43,624 Tax Amount $1,676.65 Change Rate +0.049645% Assessed CR Tax Rate +0.011058%
Year 2017 Assessed Value $151,624 Land Value $108,000 Improvement Value $43,624 Tax Amount $1,597.35 Change Rate +0.020841% Assessed CR Tax Rate +0.010535%
Year 2016 Assessed Value $151,624 Land Value $108,000 Improvement Value $43,624 Tax Amount $1,564.74 Change Rate +0.575802% Assessed CR Tax Rate +0.01032%
Year 2015 Assessed Value $93,963 Land Value $60,000 Improvement Value $33,963 Tax Amount $992.98 Change Rate +0.053526% Assessed CR Tax Rate +0.010568%
Year 2014 Assessed Value $93,963 Land Value $60,000 Improvement Value $33,963 Tax Amount $942.53 Change Rate Assessed CR Tax Rate +0.010031%