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1607 Lorraine Rd; Raleigh, NC Property Details

1607 Lorraine Rd, Raleigh, NC is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 1607 Lorraine Rd has 4 bedrooms, and 2 bathrooms, and a total of 2,357 square feet. The lot size of 1607 Lorraine Rd is 12,197 square feet.

Off market  •   Pre Probate ✓
1607 Lorraine Rd Raleigh, NC 27607
$825,000 Listing Price
4 Beds
2 Baths
2,357 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $825,000
  • Open Loans / Balance: 1 / $355,851
  • Est. Equity / %: $543,149 / 60.42%
  • Gross Yield: 6.073%
  • APN: 0795.19-60-1051-000
  • Situs County: Wake
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,357/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,357/SqFt
  • Living: 2,357/SqFt
  • Building: 2,357/SqFt
  • Price Per Square Foot: $350.02

Legal Description

  • Description: LO33 SUNSET HILL BM1946-00023
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: 35.810303 / -78.675674
  • Subdivision: Sunset Hill
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6625
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1607 Lorraine Rd has no associated ownership info
1607 Lorraine Rd has no associated ownership info.

Taxes

1607 Lorraine Rd has 10 associated Taxes items

1607 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 $757,358. The APN we've located for 1607 Lorraine Rd is 0795.19-60-1051-000.

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Taxes
  • Assessed Value:  $757,358
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0795.19-60-1051-000
  • Assessed Land Value:  575000
  • Market Land Value:  575000
  • Tax Amount:  6624.92
  • Tax Year:  2025
  • Market Value:  757358
  • Market Year:  2025

Tax History

1607 Lorraine Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $757,358 Land Value $575,000 Improvement Value $182,358 Tax Amount $6,624.92 Change Rate +0.037333% Assessed CR Tax Rate +0.008747%
Year 2024 Assessed Value $733,044 Land Value $575,000 Improvement Value $158,044 Tax Amount $6,386.49 Change Rate +0.176145% Assessed CR Tax Rate +0.008712%
Year 2023 Assessed Value $496,332 Land Value $400,000 Improvement Value $96,332 Tax Amount $5,430.02 Change Rate +0.07624% Assessed CR Tax Rate +0.01094%
Year 2022 Assessed Value $496,332 Land Value $400,000 Improvement Value $96,332 Tax Amount $5,045.36 Change Rate +0.040428% Assessed CR Tax Rate +0.010165%
Year 2021 Assessed Value $496,332 Land Value $400,000 Improvement Value $96,332 Tax Amount $4,849.31 Change Rate +0.018557% Assessed CR Tax Rate +0.00977%
Year 2020 Assessed Value $496,332 Land Value $400,000 Improvement Value $96,332 Tax Amount $4,760.96 Change Rate +0.065848% Assessed CR Tax Rate +0.009592%
Year 2019 Assessed Value $383,711 Land Value $230,000 Improvement Value $153,711 Tax Amount $4,466.83 Change Rate +0.060395% Assessed CR Tax Rate +0.011641%
Year 2018 Assessed Value $383,711 Land Value $230,000 Improvement Value $153,711 Tax Amount $4,212.42 Change Rate +0.050023% Assessed CR Tax Rate +0.010978%
Year 2017 Assessed Value $383,711 Land Value $230,000 Improvement Value $153,711 Tax Amount $4,011.74 Change Rate +0.020996% Assessed CR Tax Rate +0.010455%
Year 2016 Assessed Value $383,711 Land Value $230,000 Improvement Value $153,711 Tax Amount $3,929.24 Change Rate +0.035116% Assessed CR Tax Rate +0.01024%
Year 2015 Assessed Value $364,649 Land Value $211,875 Improvement Value $152,774 Tax Amount $3,795.94 Change Rate +0.054393% Assessed CR Tax Rate +0.01041%
Year 2014 Assessed Value $364,649 Land Value $211,875 Improvement Value $152,774 Tax Amount $3,600.12 Change Rate Assessed CR Tax Rate +0.009873%