When was property at 5505 Pennfine Drive built and last sold?

The property at 5505 Pennfine Drive was built in 1993 and last sold on Mar 5, 2009 for $150,000.

How much is this home worth?

The estimated value of the home located at 5505 Pennfine Drive is $350,352.

What are some comparable homes to 5505 Pennfine Drive?

There are currently no comparable homes to 5505 Pennfine Drive.

Raleigh

27610

Village Lakes

5505 Pennfine Drive

$349,900

● House - Off Market

5505 Pennfine Drive

Raleigh, NC 27610

3 Beds

2 Baths, 1 Half Bath

1,566 Ft²

$2,140

Est. Monthly

$179

HOA / Fees

5.00%

Cap Rate

About This Property

Charming 3-bedroom, 2.5-bath home featuring a welcoming front porch and a stylish kitchen with white cabinets, granite countertops, tile backsplash, and stainless steel appliances. The spacious kitchen island offers extra prep space and seating, perfect for everyday living and entertaining.

Unit Size

1,566 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$223

Property Type

House

Property Taxes

$242

HOA Dues

$179

Year Built

1993

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (TMLS #10098855)

Price History

Date / Event	Date	Event
Oct 30, 2025	Sold	Premium
Sold
Sep 30, 2025	In contract	-
In contract
Sep 16, 2025	Relisted	$349,900
Relisted
Aug 26, 2025	In contract	-
In contract
Aug 19, 2025	Price Decreased	$349,900 ↓ $5K (1.4%)
Price Decreased
May 27, 2025	Listed by Offerpad Brokerage LLC	$354,900
Listed by Offerpad Brokerage LLC
Mar 5, 2009	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1993

Effective Year Built: 1993
Total Rooms: 6
Bedroom Count: 0
Bathroom Plumbing Fixtures: 7
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 7
Garage Square Area: 144
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,405

Total Building Area: 1,580
Building Area: 1,580
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,580
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: VILLAGE LAKES
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO169 VILLAGE LAKES PH6 BM1992-00177

Neighborhood

School District Name: Wake County Schools

Census Tract: 054106

Zoning

Zoning: R-6

Geography

Account Number: 0193629

District: 17
Subdivision Phase Number: 6
Parcel: 1733.06-49-6822 0193629
Lot: 169
Municipality: ST MATTHEW'S
Latitude: 35.7819
Longitude: -78.5461

Address

Full Address: 5505 Pennfine Dr

Address - House Number: 5505
Address - Street Name: Pennfine
Address - Suffix Type: Dr
State: NC
City Name: Raleigh
Carrier Code: C028
4-Digit Zip Code: 2161
Zip Code: 27610

Valuation

Tax

Tax Year: 2022

Tax Amount: $196,871

Appraisal Valuation

Standard Deviation: 0.1422

Valuation Date: Aug 31, 2022
Confidence Score: 83
Final Value: 345,367
High Value: 394,510
Low Value: 296,224

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $192,465

Market Land Value: $36,000
Market Improvement Value: $156,465

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $192,465
Assessed Land Value: $36,000
Assessed Improvements Value: $156,465

Sales

Current Sale Contract Date: Mar 05, 2009

Current Sale Recording Date: Mar 05, 2009
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southeast Raleigh

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$186

Below Asking

0.03%

Average Days on Market

Average Home Size

1718 ft²

Average Home Age

24.1 years

Currently For Sale

177 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5224 Anchorage Way, Raleigh, NC, 27610

$1,999 /mo

3 Beds
2 Baths

5224 Anchorage Way, Raleigh, NC, 27610 Listing by Demilade Ogunnowo

Unit for rent at 843 Oak Center Drive, Raleigh, NC, 27610

$1,795 /mo

3 Beds
2 Baths
1,525 ft²

843 Oak Center Drive, Raleigh, NC, 27610 Listing by Raj Yarlagadda

Unit for rent at 817 Oak Center Drive, Raleigh, NC, 27610

$1,850 /mo

3 Beds
2 Baths
1,460 ft²

817 Oak Center Drive, Raleigh, NC, 27610 Listing by Teena Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jacqueline Shaffer, Offerpad Brokerage LLC
Last Updated: 12 months ago
Data Source: TMLS, MLS# 10098855

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

5505 Pennfine Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Southeast Raleigh

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions