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$425,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 851 Sq. Ft.
  • 0.21 Acres
  • Updated 1 day ago
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Live the dream in the highly sought after Capital Heights neighborhood! You will love this 2 bedroom homes on a private fenced .21 acres lot. A prime location just minutes to Downtown Raleigh and walking distance to the Oakwood dog park, restaurants and more. Featuring Granite counters and butcher block island. Stainless steel appliances, hardwoods throughout, private deck, patio and more! Do not miss this fabulous home in an incredible neighborhood. Welcome Home!

Full Property Details for 718 Penn Rd

General

  • Price: $425,000
  • Taxes: $3,503
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10180491
  • Updated: 7/16/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 5
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Washer
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Laundry Closet

Exterior

  • Exterior Features: Fenced Yard, Private Yard
  • Porch/Patio/Deck: Deck, Rear Porch

Parking

  • Parking Features: Driveway, Gravel

Location

  • County: Wake
  • Subdivision: Capital Heights
  • Driving Directions: Wake Forest Rd to Glasscock. Right on State St., Right on Penn. Your new home is on the left.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Conn Elementary
  • Middle School: Wake - Ligon Middle
  • High School: Wake - William G Enloe High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Ranch, Traditional
  • Structure Type: Site Built
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 851
  • Square Feet: 851
  • Finished Above Grnd: 851 Sq. Ft.
  • Year Built: 1951

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147.6
  • Fence: Yes
  • Lot Features: Back Yard, Landscaped
  • Zoning: R-10
  • Fencing (Description): Back Yard

Financial Considerations

  • Tax Amount: $3,503.41

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 171417212876000 0021757
  • Lot Number: 129

Listed by Re/Max Executive, Patrick Lawson (919) 829-9231

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Listing agent

— 718 Penn Rd —

  • Patrick Lawson

    Re/Max Executive

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 718 Penn Rd

School District:Wake County Schools
NameGradesDistance
Conn Elementary
1220 Brookside Drive, Raleigh, NC 27604
PK-50.5 mi
Ligon Middle
706 East Lenoir Street, Raleigh, NC 27601
6-81.2 mi
William G Enloe High
128 Clarendon Crescent, Raleigh, NC 27610
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 718 Penn Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2026
Listed
$425,000
84.78%
MLS
11/28/2016
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 718 Penn Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,503
—
$399,427
—
2024
$3,489
21%
$399,427
52%
2023
$2,892
8%
$263,515
—
2022
$2,688
4%
$263,515
—
2021
$2,584
2%
$263,515
—
2020
$2,537
33%
$263,515
62%
2019
$1,905
6%
$162,681
—
2018
$1,797
5%
$162,681
—
2017
$1,712
2%
$162,681
—
2016
$1,677
49%
$162,681
53%
2015
$1,122
5%
$106,467
—
2014
$1,065
7%
$106,467
—
2013
$996
—
$106,467
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 718 Penn Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max Executive, Patrick Lawson (919) 829-9231

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718 Penn Road, Raleigh, NC 27604 (MLS# 10180491) is a Single Family property with 2 bedrooms and 1 full bathroom. 718 Penn Road is currently listed for $425,000 and was received on July 15, 2026. Want to learn more about 718 Penn Road? Do you have questions about finding other Single Family real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.

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