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
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 Aug 10, 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
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