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427 Latimer Rd; Raleigh, NC Property Details

427 Latimer Rd, Raleigh, NC is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 427 Latimer Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,798 square feet. The lot size of 427 Latimer Rd is 13,939 square feet.

Off market
427 Latimer Rd Raleigh, NC 27609
$378,900 Listing Price
3 Beds
2 Baths
1,798 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $379,000
  • Open Loans / Balance: 1 / $319,638
  • Est. Equity / %: $335,362 / 51.2%
  • Gross Yield: 6.17%
  • APN: 1706.20-91-1794-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,798/SqFt
  • Lot: 13,939/SqFt
  • Gross: 1,798/SqFt
  • Living: 1,798/SqFt
  • Building: 1,798/SqFt
  • Ground: 1,798/SqFt
  • Price Per Square Foot: $210.79

Legal Description

  • Description: LO117 LAKEMONT SE2
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: 35.842426 / -78.631584
  • Subdivision: Lakemont
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5905
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

427 Latimer Rd has no associated ownership info
427 Latimer Rd has no associated ownership info.

Taxes

427 Latimer Rd has 10 associated Taxes items

427 Latimer 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 $563,747. The APN we've located for 427 Latimer Rd is 1706.20-91-1794-000.

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Taxes
  • Assessed Value:  $563,747
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-91-1794-000
  • Assessed Land Value:  475000
  • Market Land Value:  475000
  • Tax Amount:  4936.44
  • Tax Year:  2025
  • Market Value:  563747
  • Market Year:  2025

Tax History

427 Latimer Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $563,747 Land Value $475,000 Improvement Value $88,747 Tax Amount $4,936.44 Change Rate +0.004129% Assessed CR Tax Rate +0.008756%
Year 2024 Assessed Value $563,747 Land Value $475,000 Improvement Value $88,747 Tax Amount $4,916.14 Change Rate +0.083215% Assessed CR Tax Rate +0.00872%
Year 2023 Assessed Value $414,539 Land Value $240,000 Improvement Value $174,539 Tax Amount $4,538.47 Change Rate +0.076178% Assessed CR Tax Rate +0.010948%
Year 2022 Assessed Value $414,539 Land Value $240,000 Improvement Value $174,539 Tax Amount $4,217.21 Change Rate +0.040398% Assessed CR Tax Rate +0.010173%
Year 2021 Assessed Value $414,539 Land Value $240,000 Improvement Value $174,539 Tax Amount $4,053.46 Change Rate +0.018542% Assessed CR Tax Rate +0.009778%
Year 2020 Assessed Value $414,539 Land Value $240,000 Improvement Value $174,539 Tax Amount $3,979.67 Change Rate +0.183999% Assessed CR Tax Rate +0.0096%
Year 2019 Assessed Value $288,308 Land Value $130,000 Improvement Value $158,308 Tax Amount $3,361.21 Change Rate +0.221414% Assessed CR Tax Rate +0.011658%
Year 2018 Assessed Value $250,036 Land Value $130,000 Improvement Value $120,036 Tax Amount $2,751.9 Change Rate +0.049895% Assessed CR Tax Rate +0.011006%
Year 2017 Assessed Value $250,036 Land Value $130,000 Improvement Value $120,036 Tax Amount $2,621.12 Change Rate +0.020936% Assessed CR Tax Rate +0.010483%
Year 2016 Assessed Value $250,036 Land Value $130,000 Improvement Value $120,036 Tax Amount $2,567.37 Change Rate +0.153522% Assessed CR Tax Rate +0.010268%
Year 2015 Assessed Value $213,006 Land Value $120,000 Improvement Value $93,006 Tax Amount $2,225.68 Change Rate +0.05418% Assessed CR Tax Rate +0.010449%
Year 2014 Assessed Value $213,006 Land Value $120,000 Improvement Value $93,006 Tax Amount $2,111.29 Change Rate Assessed CR Tax Rate +0.009912%