Stunning townhome in coveted North Hills ITB location with easy walk to shops, restaurants, weekend farmer's market, events, and greenway trail. Built in 2014, it is one of the largest and has great living and entertaining spaces, including a large flexible first floor living area to accommodate dual offices or movie nights with full bathroom. The second floor is light and airy with lots of designer touches, hardwoods, and long city views of North Hills at night or the woods out back. The well-appointed kitchen features granite counters, gas cooking, vent hood and tall cabinets with lit upper display cabinets. On the top floor you'll find two secondary bedrooms, laundry room and an indulgent primary suite, featuring a renovated, custom spa-like primary bath with chandelier, marble throughout and soaking tub. Fantastic location right off the beltline, yet you'll find the private garden with added landscaping, mature perennials, large yard area and wooded view for entertaining, grilling and fire pits to be a place to escape and find tranquility. HOA maintains yard and exterior of building.
Sold for $820,000 on 03/01/24
$820,000
123 Penley Cir, Raleigh, NC 27609
3beds
2,651sqft
Townhouse, Residential
Built in 2014
3,049.2 Square Feet Lot
$803,800 Zestimate®
$309/sqft
$3,431 Estimated rent
Home value
$803,800
$764,000 - $844,000
$3,431/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 11:56pm
Listed by:
Jay Walden 919-444-1540,
Coldwell Banker - HPW
Bought with:
Margaret Struble, 161433
Compass -- Raleigh
Source: Doorify MLS,MLS#: 2535516
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Gas Pack, Heat Pump, Natural Gas, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Oven, Washer
- Laundry: Laundry Room, Upper Level
Features
- Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Kitchen/Dining Room Combination, Pantry, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Water Closet
- Flooring: Carpet, Hardwood, Tile
- Windows: Blinds, Insulated Windows
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 2,651
- Total interior livable area: 2,651 sqft
- Finished area above ground: 2,651
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage, Garage Door Opener
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Rain Gutters
- Has view: Yes
Lot
- Size: 3,049 sqft
- Dimensions: ~ 29 x 106 x 31 x 105
- Features: Corner Lot, Garden, Landscaped
Details
- Parcel number: 0418704
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Transitional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Brick, Fiber Cement, Stone
- Foundation: Slab
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Raleigh
- Subdivision: Ramblewood
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $250 monthly
- Services included: Maintenance Grounds, Maintenance Structure
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2024 | Sold | $820,000-3.2%$309/sqft |
Source:  Doorify MLS #2535516 | ||
| 2/3/2024 | Pending sale | $847,500$320/sqft |
Source: Doorify MLS #2535516 | ||
| 1/10/2024 | Price change | $847,500-0.3%$320/sqft |
Source: Doorify MLS #2535516 | ||
| 10/5/2023 | Listed for sale | $850,000+74.2%$321/sqft |
Source: Doorify MLS #2535516 | ||
| 4/8/2016 | Sold | $488,000-1.3%$184/sqft |
Source: Doorify MLS #2046172 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,724 +0.4% | $768,713 |
| 2024 | $6,696 +10.5% | $768,713 +38.7% |
| 2023 | $6,063 +7.6% | $554,376 |
Find assessor info on the county website
Neighborhood: Six Forks
Nearby schools
GreatSchools rating
- 7/10Root Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Wake - Root
- Middle: Wake - Oberlin
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$803,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$803,800