Skip to content
Skip to content
TopHapOpen in map
TownhouseResidential
$821,654$305 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $820,000 on Mar 1, 2024

123 PENLEY CIR

RALEIGH, NC 27609
4
Baths
2,694 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,049 ft²
Lot SizeThe size of the land the home sits on, from county records.
2014
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$822K
$754K low$890K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$820,000 · Mar 1, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,724 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$768,713 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$304,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$464,213
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$768,713
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$768,713

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.11
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
CountyWake
Lot (acres)The size of the land the home sits on, from county records.0.07
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 120 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Root Elementary SchoolA
Elementary · Grades PK–5 · 0.7 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 1.6 mi
H
Broughton Magnet High SchoolB+
High · Grades 9–12 · 2.9 mi

District: Wake County Public Schools

Neighborhood · ZIP 27609These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.39,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,515 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,548
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,912
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

123 Penley Cir measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 87% of homes in Wake County
  • Costs more per square foot than 87% of homes in Wake County
  • Bigger than 76% of homes in Raleigh 27609
  • Has a smaller lot than 92% of homes in Midtown Raleigh
  • Newer than 93% of homes in Raleigh 27609

What homes are worth in Raleigh 27609

Each bar is how many homes fall in that price range. The marker is this home.

This home
$163K$3M

This home is worth more than 74% of homes in Raleigh 27609.

How it measures up in Raleigh 27609

The dot is this home. The mark in the middle is the typical home in Raleigh 27609.

Estimated value$821,654
CheaperTypical $584,630Pricier

Pricier than 74% of homes nearby

Price per ft²$305
CheaperTypical $294Pricier

Pricier than 54% of homes nearby

Living area2,694 ft²
SmallerTypical 1,976 ft²Bigger

Bigger than 76% of homes nearby

Lot size3,049 ft²
SmallerTypical 0.31 acBigger

Bigger than 19% of homes nearby

Year built2014
OlderTypical 1972Newer

Newer than 93% of homes nearby

How 123 Penley Cir ranks against every home in each area.
MeasureThis homeMidtown RaleighRaleigh 27609Wake County
Estimated valuepricier than$821,65465% of homes74% of homes87% of homes
Price per ft²pricier than$30538% of homes54% of homes87% of homes
Living areabigger than2,694 ft²66% of homes76% of homes71% of homes
Lot sizebigger than3,049 ft²8% of homes19% of homes14% of homes
Year builtnewer than201490% of homes93% of homes76% of homes

About 123 Penley Cir

How much is 123 Penley Cir, Raleigh, NC worth?

The TopHap Estimate for 123 Penley Cir, Raleigh, NC is $821,654 as of Sep 24, 2026. The likely range is $753,573 to $889,735. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 123 Penley Cir, Raleigh, NC last sell?

123 Penley Cir, Raleigh, NC last sold on Mar 1, 2024 for $820,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 123 Penley Cir, Raleigh, NC?

123 Penley Cir, Raleigh, NC has 4 bathrooms, 2,694 square feet of living space and a 0.07-acre lot.

When was 123 Penley Cir, Raleigh, NC built?

123 Penley Cir, Raleigh, NC was built in 2014, making it 12 years old. It is a townhouse home. The building has 2 stories.

What schools serve 123 Penley Cir, Raleigh, NC?

123 Penley Cir, Raleigh, NC is assigned to Root Elementary School (elementary), rated A; Oberlin Magnet Middle School (middle), rated A-; Broughton Magnet High School (high), rated B+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 123 Penley Cir, Raleigh, NC compare to other homes in Raleigh 27609?

Among the 10,086 homes in Raleigh 27609, it is worth more than 74% of them ($821,654 against a typical $584,630), its price per square foot is higher than 54% of them ($305 against a typical $294), it is bigger than 76% of them (2,694 ft² against a typical 1,976 ft²), its lot is bigger than 19% of them (3,049 ft² against a typical 0.31 ac) and it is newer than 93% of them (2014 against a typical 1972). Measured against all of Wake County, it is worth more than 87% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 123 Penley Cir, Raleigh, NC?

The 2025 property tax bill for 123 Penley Cir, Raleigh, NC was $6,724. The county assessed it at $768,713.

More homes on Penley Cir

Closest homes

More homes in Raleigh 27609

Assigned schools

Explore the area

See this home in context

Open 123 Penley Cir on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map