2 months on rocket

1607 Lorraine Rd, Raleigh, NC, 27607

$859,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,231 SqFt
$385/SqFt
House

Location

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1607 Lorraine Rd, Raleigh$859,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1952
HeatingForced Air, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
FireplaceGas Log, Living Room
MLS #10048566
Lot Size0.28 Acres
StatusActive

About 1607 Lorraine Rd

Nestled in convenient and highly desirable 'inside-the-beltline'' location, this charming bungalow , originally crafted in the 1950's exudes charm with its full-width covered front porch and its beadboard ceiling. The front living room, featuring a gas fireplace with a brick surround, invites relaxation. The remodeled urban-style kitchen is a chef's delight, boasting a large central island with concrete countertops, butcher block countertops over cabinets and drawers, gas cooktop, suspended range hood, stainless steel appliances, farmhouse sink, and a stylish barn door off the dining area. This space was previously used by the homeowner as a bar area for entertaining friends and family. The adjacent family room offers easy access to the deck through sliding glass doors, perfect for indoor-outdoor living. The first floor hosts two comfortable bedrooms and two full baths, while the second floor includes the primary bedroom with a full bath and an additional secondary bedroom. There are 2 walk-in attics on the 2nd floor for your storage needs. The fenced private backyard is perfect for fun and games or a safe playspace for pets. In the back of the yard you will find a charming detached workshop with power and plumbing!Home is within walking distance to Lacy Elementary School, making it an ideal choice for so many! In addition to the kitchen remodel, upgrades include a new roof in 2015 and a new HVAC system in 2022, ensuring peace of mind for years to come.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cottage, Craftsman
  • Year Built: 1952
  • Living Area: 2,231 SqFt

Listing Office:

  • Office Name: Howard Perry & Walston Realtor
  • Office Phone: (919) 847-6767
  • Listing Agent: Kimberly Conroy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Vented Exhaust Fan, Oven, Washer/Dryer
  • Flooring Type: Hardwood, Laminate, Tile
  • Interior: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Kitchen Island, Open Floorplan, Shower Only, Storage, Walk-In Shower
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Deck, Porch Front, Fence, Garden, Private Yard, Gutters, Storage

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Garden
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Ridge Rd to Lake Boone Trail. Right on Dixie, left on Devonshire, right on Lorraine. Or, Glenwood to Lake Boone, to left on Dixie, left on Devonshire, right on Lorraine

Price Information

Listing Price Info

Price Summary:

  • List Price: $859,900
  • Price Per SqFt: $385/SqFt

Tax Information:

  • Annual Amount: $4,849
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

1607 Lorraine Rd vs Raleigh

79 DAYS ON ROCKET

+43 Days

$859,900

+$417.5K More

$385/SqFt

+$151 More

KEY TAKEAWAY

This property is $417.5K more than the Median Sold Price and $151/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10048566

Listing Office:

  • Office Name: Howard Perry & Walston Realtor
  • Office Phone: (919) 847-6767
  • Listing Agent: Kimberly Conroy

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2014Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,849$496,332
2020$4,760$496,332
2019$4,212$383,711
2018$4,012$383,711

History based on county public records data.

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$4,359

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,645

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-833475
4
/10

  • Lacy Elementary School

  • 2001 Lake Boone Trl

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-833476
4
/10

  • Olds Elementary School

  • 204 Dixie Trl

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-833477
5
/10

  • Root Elementary School

  • 3202 Northampton St

  • 1.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,897. The most common annual income of people living in Raleigh, NC is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1607 Lorraine Rd

What is the listing price of this property?

The listing price of 1607 Lorraine Rd property is $859,900.

What type of property is this?

The property 1607 Lorraine Rd is a house located in Raleigh, North Carolina, 27607.

Is this property for sale now?

Active Listing: 1607 Lorraine Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,849 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 17, 2014 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1607 Lorraine Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1607 Lorraine Rd is 2,231 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1607 Lorraine Rd is 1952.

Rocket Homes›North Carolina›Wake County›Raleigh›27607›1607 Lorraine Rd

This home is located at 1607 Lorraine Rd in Raleigh, NC and zip code 27607 in the Sunset Hills neighborhood. This 2,231 square foot home, which was built in 1952, sits on a 0.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $859,900.

Raleigh, NC housing market in October 2024 saw over 94 listings sold above listed price, more than 103 sold at listed price and over 270 sold below. The inventory of homes for sale in Raleigh, NC between September 2024 and October 2024 increased by 2.3%. In October 2024 median list price was $442,333 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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