NOT LISTED FOR SALE

708 Penn Rd Raleigh, NC 27604

Oakwood Park Neighborhood

Estimated Value: $405,000 - $440,000

2 Beds
1 Bath
840 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $385,000 $458 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,638/month

6 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Brick Veneer
  • Conn Elementary Rated A-
  • No HOA
  • Landscaped

About This Home

As of October 2021

Cozy 2 bed 1 bath ranch next to Oakwood park. Walkable neighborhood next to shops and restaurants. Spacious Living room, Wood floors, 5 yr old roof and new appliances. Large fenced back yard with large shed. Will not last.

Last Agent to Sell the Property

Yolanda Smith

CW Realty License #243358 Listed on: 09/07/2021

Last Buyer's Agent

Richard Spencer

Slate Luxury Homes License #239998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • Landscaped

Home Design

  • Ranch Style House
  • Brick Veneer
  • Block Foundation

Interior Spaces

  • 840 Sq Ft Home
  • Family Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Private Driveway
  • Unpaved Parking

Schools

  • Conn Elementary School
  • Ligon Middle School
  • Enloe High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Capitol Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,738

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Prop. Type: Residential
  • Subdivision Name: Capitol Heights
  • Above Grade Finished Sq Ft: 840.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 60 x 130
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • Foundation Details Block3: Yes
  • General Property Information Above Grade Finished Area: 840.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.18
  • Construction Type: Brick Veneer
  • Foundation Details: Block
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Enloe
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Lot Dimensions: 60 x 130
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1738.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 28, 2021
Sold by
Daisy Mae Properties Llc
Bought by
Lisanti Christopher
Seller's Agent
Yolanda Smith
CW Realty
Buyer's Agent
Richard Spencer
Slate Luxury Homes
List Price
$360,000
Sold Price
$385,000
Premium/Discount to List
$25,000
6.94%
Current Estimated Value
$428,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,167
Avg. Annual Appreciation
3.17%
Original Mortgage
$346,500
Outstanding Balance
$320,061
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,995

Purchase Details

Closed on
Feb 20, 2013
Sold by
Baxter Real Estate Llc
Bought by
Westbrook Robin

Purchase Details

Closed on
Jul 30, 2003
Sold by
Westbrook Robin and Westbrook Robin Wilson
Bought by
Baxter Real Estate Llc

Purchase Details

Closed on
Jan 6, 2003
Sold by
Edwards Shelley Lucas and Edwards Jeffrey R
Bought by
Westbrook Robin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5%

Purchase Details

Closed on
Aug 21, 1998
Sold by
Russell Roy Dale
Bought by
Lucas Shelley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lisanti Christopher $385,000 None Available
Westbrook Robin -- None Available
Baxter Real Estate Llc -- --
Westbrook Robin W $85,000 --
Lucas Shelley J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisanti Christopher $346,500
Previous Owner Westbrook Robin W $76,500
Previous Owner Lucas Shelley J $74,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $385,000 -- --
10/28/2021 10/28/21 Sold $385,000 +6.9% $458 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $360,000 -- $429 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $3,703 $424,086 $300,000 $124,086
2023 $3,066 $279,427 $180,000 $99,427
2022 $2,849 $279,427 $180,000 $99,427
2021 $1,739 $279,427 $180,000 $99,427
2020 $2,689 $279,427 $180,000 $99,427
2019 $2,051 $175,276 $108,000 $67,276
2018 $1,935 $175,276 $108,000 $67,276
2017 $1,843 $175,276 $108,000 $67,276
2016 $1,806 $175,276 $108,000 $67,276
2015 $1,516 $144,438 $80,000 $64,438
2014 $1,438 $144,438 $80,000 $64,438
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    Yolanda Smith

    CW Realty

    (919) 805-1080

    1 in this area

    3 Total Sales

    Yolanda Smith
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Spencer

    Slate Luxury Homes

    (919) 821-0180

    1 in this area

    65 Total Sales

    Richard Spencer
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2406518

Doorify MLS

APN: 1714.17-11-9970-000

North Carolina Wake County Raleigh 27604 Oakwood Park

708 Penn Rd, Raleigh, NC

This home is located at 708 Penn Rd, Raleigh, NC 27604 since 07 September 2021 and is currently estimated at $428,167, approximately $509 per square foot. This property was built in 1951. 708 Penn Rd is a home located in Wake County with nearby schools including Conn Elementary, Ligon Magnet Middle School, and Enloe High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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