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5027 Rainmaker Dr; Durham, NC Property Details

5027 Rainmaker Dr, Durham, NC is a Townhouse that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 5027 Rainmaker Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,494 square feet. The lot size of 5027 Rainmaker Dr is 3,485 square feet.

Off market
5027 Rainmaker Dr Durham, NC 27704
$120,000 Listing Price
3 Beds
2.5 Baths
1,494 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $120,000
  • Est. Equity / %: $274,000 / 100%
  • Gross Yield: 6.565%
  • APN: 202935
  • Situs County: Durham
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 1,494/SqFt
  • Lot: 3,485/SqFt
  • Living: 1,494/SqFt
  • Building: 1,494/SqFt
  • Ground: 1,494/SqFt
  • Price Per Square Foot: $80.32

Legal Description

  • Description: SUMMER MDW TWNHMS/PH:02/B LK:14/LT#37 MODEL-CYPRES PL:000167-000220
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 36.060665 / -78.88737
  • Subdivision: Summer Mdw Tw B12-21 P2
  • Property Class: Residential
  • Zoning: PDR 4.690
  • County Use Code: 122

Amenities

  • Plus Four: 2299
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One: $40
  • H O A Amount: $40
  • H O A One Frequency: Monthly
  • H O A One Name: Summer Meadow Owners Association Inc
  • H O A One Type: Condo  Owner Association

Ownership Info

5027 Rainmaker Dr has no associated ownership info
5027 Rainmaker Dr has no associated ownership info.

Taxes

5027 Rainmaker Dr has 10 associated Taxes items

5027 Rainmaker Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $314,516. The APN we've located for 5027 Rainmaker Dr is 202935.

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Taxes
  • Assessed Value:  $314,516
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  202935
  • Assessed Land Value:  60000
  • Market Land Value:  60000
  • Tax Amount:  3117.8
  • Tax Year:  2025
  • Market Value:  314516
  • Market Year:  2025

Tax History

5027 Rainmaker Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $314,516 Land Value $60,000 Improvement Value $254,516 Tax Amount $3,117.8 Change Rate +0.548517% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount $2,013.41 Change Rate +0.064896% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount $1,890.71 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount $1,847.41 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount $1,838.75 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount $1,795.45 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $144,340 Land Value $26,000 Improvement Value $118,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $109,992 Land Value $21,000 Improvement Value $88,992 Tax Amount $1,492.04 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $109,992 Land Value $21,000 Improvement Value $88,992 Tax Amount $1,481.04 Change Rate +0.034889% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $109,992 Land Value $21,000 Improvement Value $88,992 Tax Amount $1,431.11 Change Rate -0.243771% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $136,706 Land Value $25,900 Improvement Value $110,806 Tax Amount $1,892.43 Change Rate +0.000005% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $136,706 Land Value $25,900 Improvement Value $110,806 Tax Amount $1,892.42 Change Rate Assessed CR Tax Rate +0.013843%