8016 Penny Rd Raleigh, NC 27606
Middle Creek Neighborhood
5
Beds
2
Baths
2,350
Sq Ft
3.5
Acres
Highlights
- View of Trees or Woods
- 3.5 Acre Lot
- Partially Wooded Lot
- Swift Creek Elementary School Rated A-
- Recreation Room
- Private Yard
About This Home
As of March 2025Welcome to 8016 and 8012 Penny Road, Raleigh, NC—a one of a kind property offering exceptional potential for redevelopment or flexible living arrangements. Situated on two gently sloping lots totaling 3.5-acres, this listing includes two single-story homes ready for your imagination.The main home features a classic design with a walkout basement, offering ample space and functionality. Inside, you'll find a family room adorned with traditional paneling, complemented by formal living and dining rooms that provide a welcoming atmosphere for gatherings. The home includes three spacious bedrooms and two full bathrooms. The home also features a walkout basement with an office/bonus room and the laundry area.The second home on the property presents an excellent opportunity for rental income or extended family living. Its single-story layout ensures easy accessibility and comfort.The property also has a sturdy outbuilding.This property is ideally located offering a blend of rural tranquility and urban convenience. Whether you are looking to redevelop, invest, or find a spacious home with rental potential, 8016 and 8012 Penny Road provides a rare opportunity to meet your needs.
Last Agent to Sell the Property
Corcoran DeRonja Real Estate License #203046 Listed on: 10/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,694
Year Built
- Built in 1954
Lot Details
- 3.5 Acre Lot
- Partially Wooded Lot
- Many Trees
- Private Yard
- Back Yard
- Property is zoned R-40W
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Vinyl Siding
- Lead Paint Disclosure
Interior Spaces
- 1-Story Property
- Sliding Doors
- Family Room
- Dining Room
- Recreation Room
- Views of Woods
- Storm Doors
Kitchen
- Built-In Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Basement
- Walk-Out Basement
- Partial Basement
- Block Basement Construction
- Laundry in Basement
- Crawl Space
- Natural lighting in basement
Parking
- 6 Parking Spaces
- Gravel Driveway
- Unpaved Parking
- 6 Open Parking Spaces
- Outside Parking
- Off-Street Parking
Accessible Home Design
- Central Living Area
- Handicap Accessible
- Accessible Approach with Ramp
Outdoor Features
- Patio
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
- Front Porch
Schools
- Swift Creek Elementary School
- Dillard Middle School
- Athens Dr High School
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Natural Gas Connected
- Shared Well
- Electric Water Heater
- Septic Tank
- Septic System
Community Details
- No Home Owners Association
- Swift Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number # 0771706474 & 0771706578
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2024
Closed on
Feb 24, 2025
Sold by
Jones Joe A and Jones Algaree N
Bought by
Zenith Homes Company
Seller's Agent
Frank DeRonja
Corcoran DeRonja Real Estate
Buyer's Agent
Keith Bliss
LPT Realty, LLC
List Price
$789,900
Sold Price
$755,000
Premium/Discount to List
-$34,900
-4.42%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-69.20%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $755,000 | None Listed On Document | |
| Warranty Deed | $755,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $1,975,000 | +618.2% | $415 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $275,000 | -63.6% | -- |
| 03/05/2025 03/05/25 | Sold | $755,000 | -4.4% | $321 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | For Sale | $789,900 | -- | $336 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,832 | $452,739 | $204,000 | $248,739 |
| 2023 | $2,279 | $289,747 | $149,000 | $140,747 |
| 2022 | $2,113 | $289,747 | $149,000 | $140,747 |
| 2021 | $2,056 | $289,747 | $149,000 | $140,747 |
| 2020 | $2,022 | $289,747 | $149,000 | $140,747 |
| 2019 | $2,038 | $247,131 | $140,000 | $107,131 |
| 2018 | $1,874 | $247,131 | $140,000 | $107,131 |
| 2017 | $1,777 | $247,131 | $140,000 | $107,131 |
| 2016 | $1,741 | $247,131 | $140,000 | $107,131 |
| 2015 | $1,922 | $273,875 | $177,500 | $96,375 |
| 2014 | $1,822 | $273,875 | $177,500 | $96,375 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Bliss
Seller's Agent in 2025
Keith Bliss
LPT Realty, LLC
(919) 796-5478
3 in this area
110 Total Sales
-
Frank DeRonja
Seller's Agent in 2025
Frank DeRonja
Corcoran DeRonja Real Estate
(919) 669-7993
2 in this area
110 Total Sales
-
Gioia Bliss
G
Seller Co-Listing Agent in 2025
Gioia Bliss
LPT Realty, LLC
(919) 337-5279
10 Total Sales
-
Sara DuChon
Seller Co-Listing Agent in 2025
Sara DuChon
Corcoran DeRonja Real Estate
(919) 745-7564
1 in this area
45 Total Sales
Map
Source: Doorify MLS
MLS Number: 10057333
APN: 0771.04-70-6578-000
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