8708 Penny Rd Raleigh, NC 27606
Middle Creek NeighborhoodEstimated Value: $1,021,000 - $1,097,000
--
Bed
3
Baths
3,415
Sq Ft
$307/Sq Ft
Est. Value
About This Home
This home is located at 8708 Penny Rd, Raleigh, NC 27606 and is currently estimated at $1,048,145, approximately $306 per square foot. 8708 Penny Rd is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Resurrection Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2006
Sold by
Futrell Glenn and Futrell Joy C
Bought by
Farmer Daniel J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$229,178
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$818,967
Purchase Details
Closed on
Sep 17, 2002
Sold by
Wyman Park Llc
Bought by
Futrell Glenn
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farmer Daniel J | $128,000 | None Available | |
| Futrell Glenn | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farmer Daniel J | $360,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $6,676 | $1,040,722 | $216,000 | $824,722 |
| 2024 | $6,483 | $1,040,722 | $216,000 | $824,722 |
| 2023 | $4,909 | $627,013 | $108,000 | $519,013 |
| 2022 | $4,548 | $627,013 | $108,000 | $519,013 |
| 2021 | $4,426 | $627,013 | $108,000 | $519,013 |
| 2020 | $4,353 | $627,013 | $108,000 | $519,013 |
| 2019 | $4,483 | $546,506 | $108,000 | $438,506 |
| 2018 | $4,121 | $546,506 | $108,000 | $438,506 |
| 2017 | $3,906 | $546,506 | $108,000 | $438,506 |
| 2016 | $3,826 | $546,506 | $108,000 | $438,506 |
| 2015 | $4,367 | $625,921 | $126,000 | $499,921 |
| 2014 | $4,139 | $625,921 | $126,000 | $499,921 |
Source: Public Records
Map
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