HUGE PRICE REDUCTION! $140k below tax value! Just minutes from downtown Raleigh, without the city taxes! Over 5 acres of endless opportunities. Ranch floor plan w/ 3 bedrms, 2 baths, detached huge workshop and garage. Buy this home & start making money. Single-wide mobile home conveys & lot rental from double-wide! Month to Month leases. Horses allowed! Zoning allows Convenience Oriented Retail! PLUS++ Fantastic school district, fine dining, entertainment, shopping & prestigious health-care facilities.
Single-familyProperty Type
1948Year Built
5.1 acresLot Size
$134Price/Sq.Ft.
2 car garageParking
Listed by Wanda Burns-Ramsey• Coldwell Banker HPW
Listed by • Coldwell Banker HPW
Bought with Dacao Zhou• DZ Real Estate Solutions, Inc.
HUGE PRICE REDUCTION! $140k below tax value! Just minutes from downtown Raleigh, without the city taxes! Over 5 acres of endless opportunities. Ranch floor plan w/ 3 bedrms, 2 baths, detached huge workshop and garage. Buy this home & start making money. Single-wide mobile home conveys & lot rental from double-wide! Month to Month leases. Horses allowed! Zoning allows Convenience Oriented Retail! PLUS++ Fantastic school district, fine dining, entertainment, shopping & prestigious health-care facilities.
TMLS #1956910
Apr 6, 2015
Listing Removed
—
Dec 3, 2014
Price Changed
$350,000
$177/sq ft
Aug 9, 2014
Price Changed
$374,500
$189/sq ft
Jun 26, 2014
Listed
$389,000
$196/sq ft
TMLS #1897401
Jan 7, 2014
Listing Removed
—
Jun 21, 2013
Listed
$425,000
$214/sq ft
Public Records
Jun 6, 1991
Sold
$23,000
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,067 (+3.0%)
$429,960 + $202,706
$632,666
2024
$3,949 (+2.2%)
$429,960 + $202,706
$632,666
2023
$3,866 (+7.9%)
$429,960 + $202,706
$632,666
2022
$3,582 (+2.8%)
$323,850 + $169,378
$493,228
2021
$3,486 (+1.7%)
$323,850 + $169,378
$493,228
2020
$3,428 (−13.4%)
$323,850 + $169,378
$493,228
2019
$3,958 (+8.8%)
$323,850 + $169,378
$493,228
2018
$3,638 (+5.5%)
$346,000 + $136,126
$482,126
2017
$3,448 (+2.1%)
$346,000 + $136,126
$482,126
2016
$3,378 (+9.4%)
$346,000 + $136,126
$482,126
2015
$3,087 (+5.5%)
$346,000 + $136,126
$482,126
2014
$2,926 (+7.1%)
$351,500 + $90,250
$441,750
2013
$2,732
$351,500 + $90,250
$441,750
2012
$2,732
$351,500 + $90,250
$441,750
2011
$2,732
$351,500 + $90,250
$441,750
Tax history for 1927 Simpkins Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,067 (+3.0%)
$429,960 + $202,706
$632,666
2024
$3,949 (+2.2%)
$429,960 + $202,706
$632,666
2023
$3,866 (+7.9%)
$429,960 + $202,706
$632,666
2022
$3,582 (+2.8%)
$323,850 + $169,378
$493,228
2021
$3,486 (+1.7%)
$323,850 + $169,378
$493,228
2020
$3,428 (−13.4%)
$323,850 + $169,378
$493,228
2019
$3,958 (+8.8%)
$323,850 + $169,378
$493,228
2018
$3,638 (+5.5%)
$346,000 + $136,126
$482,126
2017
$3,448 (+2.1%)
$346,000 + $136,126
$482,126
2016
$3,378 (+9.4%)
$346,000 + $136,126
$482,126
2015
$3,087 (+5.5%)
$346,000 + $136,126
$482,126
2014
$2,926 (+7.1%)
$351,500 + $90,250
$441,750
2013
$2,732
$351,500 + $90,250
$441,750
2012
$2,732
$351,500 + $90,250
$441,750
2011
$2,732
$351,500 + $90,250
$441,750
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5.1 Acres
Year renovated
1960
Sq. Ft.
1,946
Year built
1948
Style
Single Family Residential
County
Wake County
APN
0791.04 70 1483 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
R-40W
Residential-40 Watershed District
The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Apr 4, 1989 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
ADU
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Asphalt, Concrete, Detached, Driveway, Garage, Garage Door Opener, Workshop in Garage
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Water Heater, Microwave, Self Cleaning Oven