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1616 Lorraine Rd; Raleigh, NC Property Details

1616 Lorraine Rd, Raleigh, NC is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 1616 Lorraine Rd has 2.5 bathrooms, and a total of 2,179 square feet. The lot size of 1616 Lorraine Rd is 12,197 square feet.

Off market
1616 Lorraine Rd Raleigh, NC 27607
$857,112 Estimated Value
2.5 Baths
2,179 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $305,000
  • Est. Equity / %: $866,000 / 100%
  • Gross Yield: 8.091%
  • APN: 0795.19-60-4101-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 9 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,179/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,179/SqFt
  • Living: 2,179/SqFt
  • Building: 2,179/SqFt
  • Price Per Square Foot: $139.97

Legal Description

  • Description: LO41 SUNSET HLS EXT
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: 35.81063 / -78.67482
  • Subdivision: Sunset Hls
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6626
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

1616 Lorraine Rd has no associated ownership info
1616 Lorraine Rd has no associated ownership info.

Taxes

1616 Lorraine Rd has 10 associated Taxes items

1616 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 $857,112. The APN we've located for 1616 Lorraine Rd is 0795.19-60-4101-000.

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Taxes
  • Assessed Value:  $857,112
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0795.19-60-4101-000
  • Assessed Land Value:  575000
  • Market Land Value:  575000
  • Tax Amount:  7494.88
  • Tax Year:  2025
  • Market Value:  857112
  • Market Year:  2025

Tax History

1616 Lorraine Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $857,112 Land Value $575,000 Improvement Value $282,112 Tax Amount $7,494.88 Change Rate +0.004135% Assessed CR Tax Rate +0.008744%
Year 2024 Assessed Value $857,112 Land Value $575,000 Improvement Value $282,112 Tax Amount $7,464.02 Change Rate +0.347846% Assessed CR Tax Rate +0.008708%
Year 2023 Assessed Value $506,215 Land Value $400,000 Improvement Value $106,215 Tax Amount $5,537.74 Change Rate +0.076246% Assessed CR Tax Rate +0.01094%
Year 2022 Assessed Value $506,215 Land Value $400,000 Improvement Value $106,215 Tax Amount $5,145.42 Change Rate +0.040431% Assessed CR Tax Rate +0.010164%
Year 2021 Assessed Value $506,215 Land Value $400,000 Improvement Value $106,215 Tax Amount $4,945.47 Change Rate +0.018557% Assessed CR Tax Rate +0.00977%
Year 2020 Assessed Value $506,215 Land Value $400,000 Improvement Value $106,215 Tax Amount $4,855.37 Change Rate +0.025326% Assessed CR Tax Rate +0.009592%
Year 2019 Assessed Value $406,889 Land Value $230,000 Improvement Value $176,889 Tax Amount $4,735.44 Change Rate +0.06041% Assessed CR Tax Rate +0.011638%
Year 2018 Assessed Value $406,889 Land Value $230,000 Improvement Value $176,889 Tax Amount $4,465.67 Change Rate +0.050037% Assessed CR Tax Rate +0.010975%
Year 2017 Assessed Value $406,889 Land Value $230,000 Improvement Value $176,889 Tax Amount $4,252.87 Change Rate +0.021002% Assessed CR Tax Rate +0.010452%
Year 2016 Assessed Value $406,889 Land Value $230,000 Improvement Value $176,889 Tax Amount $4,165.39 Change Rate Assessed CR Tax Rate +0.010237%
Year 2015 Assessed Value $318,708 Land Value $211,875 Improvement Value $106,833 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $318,708 Land Value $211,875 Improvement Value $106,833 Tax Amount Change Rate Assessed CR Tax Rate