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1601 Lorraine Rd; Raleigh, NC Property Details

1601 Lorraine Rd, Raleigh, NC is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 1601 Lorraine Rd has 5 bedrooms, and 3.5 bathrooms, and a total of 4,365 square feet. The lot size of 1601 Lorraine Rd is 7,841 square feet.

Off market
1601 Lorraine Rd Raleigh, NC 27607
$902,234 Listing Price
5 Beds
3.5 Baths
4,365 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2020
  • Purchase Price: $902,500
  • Open Loans / Balance: 1 / $619,739
  • Est. Equity / %: $976,261 / 61.17%
  • Gross Yield: 6.706%
  • APN: 0794.07-69-2815-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 4,365/SqFt
  • Lot: 7,841/SqFt
  • Gross: 4,365/SqFt
  • Garage: 497/SqFt
  • Living: 4,365/SqFt
  • Basement: 809/SqFt
  • Building: 4,365/SqFt
  • Garage Unfinished: 497/SqFt
  • Price Per Square Foot: $206.76

Legal Description

  • Description: LO1 SUNSET HILLS EXTENSION BM2019-00148
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: 35.8099 / -78.67548
  • Subdivision: Sunset Hills
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Plus Four: 6625
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1601 Lorraine Rd has no associated ownership info
1601 Lorraine Rd has no associated ownership info.

Taxes

1601 Lorraine Rd has 10 associated Taxes items

1601 Lorraine 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 $1,485,213. The APN we've located for 1601 Lorraine Rd is 0794.07-69-2815-000.

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Taxes
  • Assessed Value:  $1,485,213
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.07-69-2815-000
  • Assessed Land Value:  517500
  • Market Land Value:  517500
  • Tax Amount:  12972.55
  • Tax Year:  2025
  • Market Value:  1485213
  • Market Year:  2025

Tax History

1601 Lorraine Rd has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,485,213 Land Value $517,500 Improvement Value $967,713 Tax Amount $12,972.55 Change Rate +0.004139% Assessed CR Tax Rate +0.008734%
Year 2024 Assessed Value $1,485,213 Land Value $517,500 Improvement Value $967,713 Tax Amount $12,919.08 Change Rate +0.260616% Assessed CR Tax Rate +0.008698%
Year 2023 Assessed Value $938,370 Land Value $240,000 Improvement Value $698,370 Tax Amount $10,248.23 Change Rate +0.076383% Assessed CR Tax Rate +0.010921%
Year 2022 Assessed Value $938,370 Land Value $240,000 Improvement Value $698,370 Tax Amount $9,520.99 Change Rate +0.052102% Assessed CR Tax Rate +0.010146%
Year 2021 Assessed Value $938,370 Land Value $240,000 Improvement Value $698,370 Tax Amount $9,049.49 Change Rate +2.947467% Assessed CR Tax Rate +0.009644%
Year 2020 Assessed Value $240,000 Land Value $240,000 Improvement Value Tax Amount $2,292.48 Change Rate -0.495959% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $390,733 Land Value $230,000 Improvement Value $160,733 Tax Amount $4,548.2 Change Rate Assessed CR Tax Rate +0.01164%