See Home Value
$1,270,933*
House - Off Market

715 Penn Road

Raleigh, NC 27604
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4268 Sqft
$1,058,000 - $1,292,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
Sold Mar 10, 2021
$320,000
Sold Jan 01, 1976
$15,500

About This Property

Don't miss out on this Downtown Raleigh gem built by local luxury builder Urban Building Solutions. The home has a welcoming inviting feel from the second you pull up. The design perfectly blends function and style with high end finishes and a floor plan that flows seamlessly. There's plenty of space for a home office, homework station, game room, gym you name it! With this house you can have it all & still be in one of Raleigh's most desirable locations! Urban Building has built another masterpiece!

The manager has listed the unit size as 4268 square feet.
Unit Size
4,268Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$275
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

Price History

Date / Event Date Event Price
Jan 10, 2022 No longer available -
No longer available
Dec 31, 2021 Price Decreased $1,175,000
↓ $25K (2.1%)
Price Decreased
Oct 11, 2021 Listed $1,200,000
Listed
Mar 10, 2021 Sold $320,000
Sold
Jan 18, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 4,314
  • Building Area: 4,314
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,314
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAPITAL HEIGHTS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO128 CAPITOL HGTS

Ownership

  • Current Owner : URBAN BUILDING SOLUTIONS LLC
  • Previous Owner : ANDERSON JONATHAN W
  • Previous Owner 2: ESTATE OF MARGARCT LEE JONES
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0009938
  • District: 01
  • Parcel: 1714.17-22-2026 0009938
  • Lot: 128
  • Municipality: RALEIGH
  • Latitude: 35.7883
  • Longitude: -78.6216

    Address

  • Full Address: 715 Penn Rd
  • Address - House Number: 715
  • Address - Street Name: Penn
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C043
  • 4-Digit Zip Code: 2358
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,946
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 384,319
  • High Value: 431,890
  • Low Value: 336,747

    Market Valuation

  • Market Total Value: $980,303
  • Market Land Value: $180,000
  • Market Improvement Value: $800,303

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $980,303
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $800,303

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Transaction ID: 11836076514
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1976
  • Previous Sale Contract Date: Jan 01, 1976
  • Previous Sale Amount: $15,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIDELITY BANK
  • First Mortgage Transaction Date: Mar 10, 2021
  • First Mortgage Loan Amount: $712,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,238 ft²
$371/ft²
$1,200,000 Mar 3, 2023
-
$623/mo
House
4 Beds
3 Baths
3,309 ft²
$408/ft²
$1,350,000 Aug 9, 2022
-
-
House
4 Beds
3.5 Baths
2,911 ft²
$412/ft²
$1,200,000 Nov 18, 2022
-
-
Condo
4 Beds
3.5 Baths
3,032 ft²
$412/ft²
$1,250,000 Oct 21, 2022
-
-
House
3 Beds
3.5 Baths
2,829 ft²
$442/ft²
$1,250,000 Oct 12, 2022
-
$696/mo
Condo
3 Beds
2.5 Baths
2,453 ft²
$387/ft²
$950,000 Sep 20, 2022
-
-

About Central Raleigh


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Frequently Asked Questions

When was property at 715 Penn Road built and last sold?
The property at 715 Penn Road was built in 2021 and last sold on Mar 10, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 715 Penn Road is $1,221,199.
What are some comparable homes to 715 Penn Road?
There are currently no comparable homes to 715 Penn Road.

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