$569,000
$16K PRICE DROP

Estimated payment $3,201/month

Total Views 3,727
3 Beds
3.5 Baths
1,660 Sq Ft
$343 Price per Sq Ft

Highlights

  • 0.61 Acre Lot
  • No HOA
  • Laundry Room
  • A. B. Combs Magnet Elementary School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

Welcome to 1208 Lorimer Road, a beautifully updated 3-bedroom, 3.5-bath ranch on a spacious 0.61-acre corner lot. Located just minutes from I-440, NCSU, Cary, and Downtown Raleigh — with convenient access to I-40 — this home combines space, style, and convenience in one of Raleigh's most desirable areas.

Most renovations are already complete, with final touches wrapping up soon. Improvements include a new roof, insulation, and drywall, upgraded plumbing and electrical systems, fresh interior and exterior paint, a brand-new kitchen with cabinets, countertops, sink, and appliances, and fully renovated bathrooms with new cabinetry, showers, vanities, toilets, and tile. The home also features engineered hardwood flooring throughout, a new water heater, an added single-car garage, new landscaping, and a spacious rear deck for outdoor living.

This property offers a rare opportunity to own a fully remodeled home in a prime Raleigh location — equally suited as a primary residence or as an investment property with projected gross rental income of approximately $36,000 annually.

Listing Agent

Jamie Dawson

ASPIRE REAL ESTATE AND DEVELOP License #211449 Listed on: 07/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1977

Parking

  • 1 Car Attached Garage

Home Design

  • Combination Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Additional Features

  • 0.61 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0783996668

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,040

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1660.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 329.0
  • General Property Information Total Unfinished Area2: 329.0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1660.0
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 26571.6
  • General Property Information Lot Size Acres: 0.61
  • Foundation Details Combination: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: See Remarks
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Main Level Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 1
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.61
  • Construction Type: See Remarks
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 26571.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0783996668

Tax Info

  • Tax Annual Amount: 2039.78
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,040 $463,200 $236,500 $226,700
2024 $2,031 $463,200 $236,500 $226,700
2023 $1,647 $298,586 $132,000 $166,586
2022 $1,532 $298,586 $132,000 $166,586
2021 $1,473 $298,586 $132,000 $166,586
2020 $1,446 $298,586 $132,000 $166,586
2019 $1,278 $217,128 $90,000 $127,128
2018 $1,206 $217,128 $90,000 $127,128
2017 $1,149 $217,128 $90,000 $127,128
2016 $0 $217,128 $90,000 $127,128
2015 -- $218,183 $90,000 $128,183
2014 -- $218,183 $90,000 $128,183
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $569,000 -2.7% $343 / Sq Ft
07/31/2025 07/31/25 For Sale $585,000 +50.0% $352 / Sq Ft
02/11/2025 02/11/25 Sold $390,000 -8.2% $243 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $425,000 -- $265 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 None Listed On Document
Interfamily Deed Transfer $66,256 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $70,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: Doorify MLS

MLS Number: 10112836

Doorify MLS

APN: 0783.08-99-6668-000