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5125 Penny Rd Raleigh, NC 27606
Estimated payment $4,061/month
Total Views
13,240
4
Beds
3
Baths
3,074
Sq Ft
$224
Price per Sq Ft
Highlights
- Two Primary Bedrooms
- Fireplace in Kitchen
- Forest View
- 2.23 Acre Lot
- Deck
- Secluded Lot
About This Home
This is the rarest kind of opportunity: a home that gives you seclusion and serenity, while keeping you ten minutes from Downtown Raleigh. Yes, you read that right. Welcome to your timeless brick home, nestled back on over 2 wooded acres of private, peaceful land — a personal retreat that feels worlds away, yet is close enough to all the vibrancy of the city. This two-story stunner is the perfect balance of classic elegance and warm, livable charm. As soon as you arrive, you'll feel it: the kind of presence only a property like this has — mature trees, a long private driveway, and that unmistakable sense of arrival. Step inside and the details start speaking for themselves. The main level features a pristine living room/office, a private formal dining room with chair rail molding, and rich hardwood floors that flow throughout most of the main floor, complemented by crown molding that elevates every space. At the center of it all? A double-sided brick fireplace that anchors both the family room and the kitchen — warming your mornings and lighting up your evenings, whether you're whipping up dinner or cozying up with a book. And speaking of kitchens — this one delivers. Think granite countertops, tile backsplash, raised panel floor-to-ceiling cabinetry, gas range, and a central island ready for prep, entertaining, or just gathering with the ones you love. A charming bay window in the eat-in area frames gorgeous wooded views — so every meal comes with a side of nature. The main level also offers something every home needs but few deliver: a first-floor guest suite, ideal for extended stays or multi-generational living. Upstairs, the Primary Suite is everything you've hoped for: a generous walk-in closet, and a spa-like En Suite bath with dual vanities and a large walk-in shower wrapped in tile. The Bonus Room on the second floor, complete with a wet bar, offers a gorgeous flex space — perfect for a home theater, game room, gym, or a play room. The possibilities are yours to define. Now let's talk about the real magic — the land. Over 2 acres of wooded bliss, completely private, and beautifully quiet. This is the kind of place where you sip your morning coffee in the sunroom, listening to the birds chirping, or wind down with a glass of wine on the large back deck, the forest as your backdrop and peace as your soundtrack. Tranquility. Privacy. Elegance. Proximity. You don't have to choose. This home gives you all of it. So here's your chance to own a slice of the good life — a classic Raleigh abode that brings nature to your doorstep while keeping the city at your fingertips. No City Tax and No HOA fees either! NEW ROOF in 2022 with transferable warranty.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,618
Year Built
- Built in 1985
Lot Details
- 2.23 Acre Lot
- Wood Fence
- Landscaped
- Secluded Lot
- Wooded Lot
- Many Trees
- Garden
- Back Yard Fenced and Front Yard
Parking
- 2 Car Attached Garage
- Workshop in Garage
- Inside Entrance
- Side Facing Garage
- Private Driveway
- 6 Open Parking Spaces
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Masonite
- Lead Paint Disclosure
Interior Spaces
- 3,074 Sq Ft Home
- 2-Story Property
- Wet Bar
- Crown Molding
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Forest Views
- Unfinished Attic
Kitchen
- Gas Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Double Master Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Double Vanity
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in Hall
- Laundry on main level
Outdoor Features
- Deck
- Patio
- Rain Gutters
- Porch
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Private Water Source
- Electric Water Heater
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- Southwinds Subdivision
Listing and Financial Details
- Assessor Parcel Number 0791147482
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,618 | $579,463 | $180,500 | $398,963 |
| 2023 | $2,704 | $344,232 | $102,000 | $242,232 |
| 2022 | $2,506 | $344,232 | $102,000 | $242,232 |
| 2021 | $2,439 | $344,232 | $102,000 | $242,232 |
| 2020 | $2,399 | $344,232 | $102,000 | $242,232 |
| 2019 | $2,378 | $288,748 | $91,800 | $196,948 |
| 2018 | $2,187 | $288,748 | $91,800 | $196,948 |
| 2017 | $2,073 | $288,748 | $91,800 | $196,948 |
| 2016 | $2,031 | $288,748 | $91,800 | $196,948 |
| 2015 | -- | $320,556 | $115,000 | $205,556 |
| 2014 | $2,129 | $320,556 | $115,000 | $205,556 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $689,900 | -1.4% | $224 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $699,900 | -3.4% | $228 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $724,900 | +6.6% | $236 / Sq Ft |
| 12/19/2023 12/19/23 | Sold | $680,000 | -2.8% | $224 / Sq Ft |
| 12/16/2023 12/16/23 | Off Market | $699,900 | -- | -- |
| 11/11/2023 11/11/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $699,900 | 0.0% | $230 / Sq Ft |
| 10/05/2023 10/05/23 | Price Changed | $699,900 | -3.4% | $230 / Sq Ft |
| 08/19/2023 08/19/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $724,900 | -- | $238 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $680,000 | None Listed On Document | |
| Deed | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | New Conventional | |
| Previous Owner | $117,500 | New Conventional | |
| Previous Owner | $137,270 | New Conventional | |
| Previous Owner | $143,300 | Unknown | |
| Previous Owner | $138,596 | Unknown | |
| Previous Owner | $113,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $104,038 | Unknown |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10097829
APN: 0791.03-14-7482-000
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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 Doorify 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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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