3 months on rocket

717 Penn Rd, Raleigh, NC, 27604

$1,550,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
6 Full Baths, 1 Partial
5,467 SqFt
$284/SqFt
House

Location

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717 Penn Rd, Raleigh$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Site
Attached Garage2 spaces
Year Built2022
HeatingCentral, ENERGY STAR Qualified Equipment
CoolingHeat Pump, Ceiling Fan(s)
MLS #10052091
Lot Size0.22 Acres
StatusActive

About 717 Penn Rd

Welcome to this stunning newly built Single Family home located at 717 Penn Rd, Raleigh, NC. This modern masterpiece was completed in 2022 with meticulous attention to detail and high-end finishes throughout. With 6 bathrooms, 1 half bathroom, and a spacious finished area of 5,467 sq.ft., this home offers plenty of room for comfortable living and entertaining. As you enter the home, you are greeted by a grand two-story foyer that leads into the open concept living area. The gourmet kitchen is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and a large island with seating. The kitchen flows seamlessly into the dining area and family room, creating the perfect space for gatherings with family and friends. The primary suite is a true retreat, boasting a luxurious en-suite bathroom with a soaking tub, dual vanities, and a walk-in shower. With five additional bedrooms, each with their own en-suite bathroom, there is plenty of room for guests or a growing family. The second floor features a spacious loft area that can be used as a media room, home office, or playroom. The home also includes a laundry room, mudroom, and attached garage for added convenience. Situated on a generous lot size of 9,583 sq.ft., the outdoor space is just as impressive as the interior. The backyard offers ample space for outdoor entertaining, gardening, or simply enjoying the beautiful North Carolina weather. Located in a desirable neighborhood in Raleigh, this home is conveniently located near shopping, dining, parks, and top-rated schools. Don't miss your opportunity to own this brand new, impeccably designed home in a prime location. Book your showing today and experience luxury living at its finest at 717 Penn Rd.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2022
  • Living Area: 5,467 SqFt

Listing Office:

  • Office Name: Chosen Real Estate Group
  • Office Phone: (330) 249-3499
  • Listing Agent: Nicholas Huscroft

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Freezer, Cooktop, Dishwasher, ENERGY STAR Qualified Dishwasher, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Smart Appliance(s), Stainless Steel Appliance(s), Vented Exhaust Fan, Oven, Washer/Dryer
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Quartz Counters, Recessed Lighting, Room Over Garage, Walk-In Shower, Water Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Wood Fence, Porch, None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment
  • Cooling: Heat Pump, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Wake Forest Rd to Brookside to N. State Street to Penn Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $2,514
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

717 Penn Rd vs Raleigh

97 DAYS ON ROCKET

+55 Days

$1,550,000

+$1.1M More

$284/SqFt

+$50 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $50/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10052091

Listing Office:

  • Office Name: Chosen Real Estate Group
  • Office Phone: (330) 249-3499
  • Listing Agent: Nicholas Huscroft

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2021Home Sold
$330,000
Jun 15, 2018Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,514$256,302
2020$2,468$256,302
2019$1,676$151,624
2018$1,597$151,624

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4460459
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.95 miles

  • Public Magnet Grades PK-5

school-card-donut-4460460
3
/10

  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-4460461
6
/10

  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.34 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,961. Residents of Raleigh, NC typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 717 Penn Rd

What is the listing price of this property?

The listing price of 717 Penn Rd property is $1,550,000.

What type of property is this?

The property 717 Penn Rd is a house located in Raleigh, North Carolina, 27604.

Is this property for sale now?

Active Listing: 717 Penn Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,514 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 3, 2021 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 717 Penn Rd has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 717 Penn Rd is 5,467 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 717 Penn Rd is 2022.

Rocket Homes›North Carolina›Wake County›Raleigh›27604›717 Penn Rd

This home is located at 717 Penn Rd in Raleigh, NC and zip code 27604 in the Inside the Beltline neighborhood. This 5,467 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $1,550,000.

Raleigh, NC housing market in November 2024 saw over 67 listings sold above listed price, more than 101 sold at listed price and over 257 sold below. The number of homes for sale in Raleigh, NC decreased by 9.7% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $448,424.

From Rocket Homes Real Estate and based on county public records data.

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