1607 Lorraine Rd Raleigh, NC 27607
Sunset Hills Neighborhood
4
Beds
3
Baths
2,231
Sq Ft
0.28
Acres
Highlights
- Open Floorplan
- Craftsman Architecture
- Wood Flooring
- Lacy Elementary Rated A
- Deck
- Attic
About This Home
As of December 2024Nestled 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.
Last Agent to Sell the Property
Coldwell Banker HPW License #225356 Listed on: 08/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,386
Year Built
- Built in 1952
Lot Details
- 0.28 Acre Lot
- Garden
- Back Yard Fenced and Front Yard
Parking
- Private Driveway
Home Design
- Craftsman Architecture
- Cottage
- Bungalow
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Shingle Roof
- Asbestos
- Lead Paint Disclosure
Interior Spaces
- 2,231 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Bookcases
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Room
- Sun or Florida Room
- Storage
- Attic Floors
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
- Shower Only
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
Outdoor Features
- Deck
- Outdoor Storage
- Rain Gutters
- Front Porch
Schools
- Lacy Elementary School
- Martin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
- Sunset Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 0795601051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Dec 17, 2024
Sold by
Searcy Melia C and Whiteside Jeffrey C
Bought by
Gatewood Thomas Schley and Gatewood Kathryn Bumstead
Seller's Agent
Kimberly Conroy
Coldwell Banker HPW
Buyer's Agent
Mary Burr Edwards
Long & Foster Real Estate INC/Midtown
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%
Total Days on Market
91
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,138
Avg. Annual Appreciation
4.69%
Original Mortgage
$361,000
Outstanding Balance
$360,070
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$484,068
Purchase Details
Closed on
Apr 17, 2014
Sold by
Wooster Donna and Wooster Andrew W
Bought by
Searcy Melia C and Whiteside Jeffrey C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
4.33%
Mortgage Type
New Conventional
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $825,000 | None Listed On Document | |
| Warranty Deed | $825,000 | None Listed On Document | |
| Warranty Deed | $385,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $361,000 | New Conventional | |
| Closed | $361,000 | New Conventional | |
| Previous Owner | $316,500 | New Conventional | |
| Previous Owner | $326,600 | New Conventional | |
| Previous Owner | $365,750 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $118,000 | Unknown | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $140,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $825,000 | -4.1% | $370 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | Price Changed | $859,900 | -4.3% | $385 / Sq Ft |
| 08/23/2024 08/23/24 | For Sale | $899,000 | -- | $403 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,386 | $733,044 | $575,000 | $158,044 |
| 2023 | $5,430 | $496,332 | $400,000 | $96,332 |
| 2022 | $5,045 | $496,332 | $400,000 | $96,332 |
| 2021 | $4,849 | $496,332 | $400,000 | $96,332 |
| 2020 | $4,761 | $496,332 | $400,000 | $96,332 |
| 2019 | $4,467 | $383,711 | $230,000 | $153,711 |
| 2018 | $4,212 | $383,711 | $230,000 | $153,711 |
| 2017 | $4,012 | $383,711 | $230,000 | $153,711 |
| 2016 | $3,929 | $383,711 | $230,000 | $153,711 |
| 2015 | $3,796 | $364,649 | $211,875 | $152,774 |
| 2014 | $3,600 | $364,649 | $211,875 | $152,774 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Conroy
Seller's Agent in 2024
Kimberly Conroy
Coldwell Banker HPW
(919) 539-2860
1 in this area
145 Total Sales
-
Mary Burr Edwards
M
Buyer's Agent in 2024
Mary Burr Edwards
Long & Foster Real Estate INC/Midtown
(919) 606-5994
1 in this area
103 Total Sales
Map
Source: Doorify MLS
MLS Number: 10048566
APN: 0795.19-60-1051-000
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Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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