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1505 Lorimer Rd; Raleigh, NC Property Details

1505 Lorimer Rd, Raleigh, NC is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 1505 Lorimer Rd has 4 bedrooms, and 3 bathrooms, and a total of 2,126 square feet. The lot size of 1505 Lorimer Rd is 18,295 square feet.

Off market
1505 Lorimer Rd Raleigh, NC 27606
$213,500 Listing Price
4 Beds
3 Baths
2,126 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1986
  • Purchase Price: $213,500
  • Open Loans / Balance: 2 / $117,979
  • Est. Equity / %: $416,021 / 77.91%
  • Gross Yield: 6.885%
  • APN: 0783.08-88-1257-000
  • Situs County: Wake
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,126/SqFt
  • Lot: 18,295/SqFt
  • Gross: 2,126/SqFt
  • Garage: 506/SqFt
  • Living: 2,126/SqFt
  • Building: 2,126/SqFt
  • Ground: 2,126/SqFt
  • Garage Unfinished: 506/SqFt
  • Price Per Square Foot: $100.42

Legal Description

  • Description: LO20 BRYN-MAWR BM1960-00096
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.778145 / -78.70283
  • Subdivision: Cyrus Thompson Kentwood & Sol
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2623
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 66

Ownership Info

1505 Lorimer Rd has no associated ownership info
1505 Lorimer Rd has no associated ownership info.

Taxes

1505 Lorimer Rd has 10 associated Taxes items

1505 Lorimer Rd, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $502,220. The APN we've located for 1505 Lorimer Rd is 0783.08-88-1257-000.

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Taxes
  • Assessed Value:  $502,220
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.08-88-1257-000
  • Assessed Land Value:  215000
  • Market Land Value:  215000
  • Tax Amount:  4399.86
  • Tax Year:  2025
  • Market Value:  502220
  • Market Year:  2025

Tax History

1505 Lorimer Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $502,220 Land Value $215,000 Improvement Value $287,220 Tax Amount $4,399.86 Change Rate +0.004126% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $502,220 Land Value $215,000 Improvement Value $287,220 Tax Amount $4,381.78 Change Rate +0.215048% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $329,015 Land Value $120,000 Improvement Value $209,015 Tax Amount $3,606.26 Change Rate +0.076084% Assessed CR Tax Rate +0.010961%
Year 2022 Assessed Value $329,015 Land Value $120,000 Improvement Value $209,015 Tax Amount $3,351.28 Change Rate +0.040344% Assessed CR Tax Rate +0.010186%
Year 2021 Assessed Value $329,015 Land Value $120,000 Improvement Value $209,015 Tax Amount $3,221.32 Change Rate +0.018519% Assessed CR Tax Rate +0.009791%
Year 2020 Assessed Value $329,015 Land Value $120,000 Improvement Value $209,015 Tax Amount $3,162.75 Change Rate +0.059977% Assessed CR Tax Rate +0.009613%
Year 2019 Assessed Value $255,741 Land Value $90,000 Improvement Value $165,741 Tax Amount $2,983.79 Change Rate +0.060251% Assessed CR Tax Rate +0.011667%
Year 2018 Assessed Value $255,741 Land Value $90,000 Improvement Value $165,741 Tax Amount $2,814.23 Change Rate +0.049898% Assessed CR Tax Rate +0.011004%
Year 2017 Assessed Value $255,741 Land Value $90,000 Improvement Value $165,741 Tax Amount $2,680.48 Change Rate +0.020949% Assessed CR Tax Rate +0.010481%
Year 2016 Assessed Value $255,741 Land Value $90,000 Improvement Value $165,741 Tax Amount $2,625.48 Change Rate -0.024409% Assessed CR Tax Rate +0.010266%
Year 2015 Assessed Value $257,959 Land Value $90,000 Improvement Value $167,959 Tax Amount $2,691.17 Change Rate +0.054269% Assessed CR Tax Rate +0.010433%
Year 2014 Assessed Value $257,959 Land Value $90,000 Improvement Value $167,959 Tax Amount $2,552.64 Change Rate Assessed CR Tax Rate +0.009896%