NOT LISTED FOR SALE

1318 Lorimer Rd Raleigh, NC 27606

Avent West Neighborhood

Estimated Value: $570,000 - $612,000

4 Beds
3 Baths
2,496 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1318 Lorimer Rd, Raleigh, NC 27606 and is currently estimated at $593,429, approximately $237 per square foot. 1318 Lorimer Rd is a home located in Wake County with nearby schools including A. B. Combs Magnet Elementary School, Centennial Campus Magnet Middle School, and Atlas International School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2003
Sold by
Olson Petrina M
Bought by
Peters Justis Grant Rahmat
Current Estimated Value
$593,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$74,797
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,632

Purchase Details

Closed on
Oct 31, 2001
Sold by
Olson Petrina M
Bought by
Olson Petrina M and Petrina M Olson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.97%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Allen C Richard and Allen Peggy D
Bought by
Olson Petrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peters Justis Grant Rahmat $215,000 --
Olson Petrina M -- --
Olson Petrina M $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Justis Grant Rahmat $172,000
Previous Owner Olson Petrina M $110,000
Closed Peters Justis Grant Rahmat $32,250
Source: Public Records

Tax History Compared to Growth

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 $4,296 $490,353 $215,000 $275,353
2024 $4,279 $490,353 $215,000 $275,353
2023 $3,512 $320,375 $120,000 $200,375
2022 $3,264 $320,375 $120,000 $200,375
2021 $3,137 $320,375 $120,000 $200,375
2020 $3,080 $320,375 $120,000 $200,375
2019 $3,036 $260,233 $90,000 $170,233
2018 $2,863 $260,233 $90,000 $170,233
2017 $2,727 $260,233 $90,000 $170,233
2016 $2,671 $260,233 $90,000 $170,233
2015 $2,537 $243,073 $76,500 $166,573
2014 $2,406 $243,073 $76,500 $166,573
Source: Public Records

Map

North Carolina Wake County Raleigh 27606 Avent West

1318 Lorimer Rd, Raleigh, NC

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