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3218 Rain Forrest Way; Raleigh, NC Property Details

3218 Rain Forrest Way, Raleigh, NC is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 3218 Rain Forrest Way has 5 bedrooms, and 3.5 bathrooms, and a total of 4,434 square feet. The lot size of 3218 Rain Forrest Way is 14,810 square feet.

Off market
3218 Rain Forrest Way Raleigh, NC 27614
$652,200 Listing Price
5 Beds
3.5 Baths
4,434 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2007
  • Purchase Price: $652,500
  • Open Loans / Balance: 1 / $397,155
  • Est. Equity / %: $771,845 / 66.03%
  • Gross Yield: 6.423%
  • APN: 1739.03-12-1005-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 4,434/SqFt
  • Lot: 14,810/SqFt
  • Gross: 4,434/SqFt
  • Garage: 240/SqFt
  • Living: 4,434/SqFt
  • Building: 4,434/SqFt
  • Garage Unfinished: 240/SqFt
  • Price Per Square Foot: $147.16

Legal Description

  • Description: LO598 BEDFORD @ FALLS RIVER PH15 BM2005-
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.92546 / -78.55718
  • Subdivision: Bedford @ Falls River Ph15
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

  • Plus Four: 8664
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $88
  • H O A Amount: $88
  • H O A One Frequency: Monthly
  • H O A One Name: Bedford At Falls River Master Assn
  • H O A One Type: Home Owner Association

Ownership Info

3218 Rain Forrest Way has no associated ownership info
3218 Rain Forrest Way has no associated ownership info.

Taxes

3218 Rain Forrest Way has 10 associated Taxes items

3218 Rain Forrest Way, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,028,343. The APN we've located for 3218 Rain Forrest Way is 1739.03-12-1005-000.

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Taxes
  • Assessed Value:  $1,028,343
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1739.03-12-1005-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  8988.18
  • Tax Year:  2025
  • Market Value:  1028343
  • Market Year:  2025

Tax History

3218 Rain Forrest Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,028,343 Land Value $175,000 Improvement Value $853,343 Tax Amount $8,988.18 Change Rate +0.004136% Assessed CR Tax Rate +0.00874%
Year 2024 Assessed Value $1,028,343 Land Value $175,000 Improvement Value $853,343 Tax Amount $8,951.16 Change Rate +0.21725% Assessed CR Tax Rate +0.008704%
Year 2023 Assessed Value $672,806 Land Value $140,000 Improvement Value $532,806 Tax Amount $7,353.59 Change Rate +0.07632% Assessed CR Tax Rate +0.01093%
Year 2022 Assessed Value $672,806 Land Value $140,000 Improvement Value $532,806 Tax Amount $6,832.16 Change Rate +0.040471% Assessed CR Tax Rate +0.010155%
Year 2021 Assessed Value $672,806 Land Value $140,000 Improvement Value $532,806 Tax Amount $6,566.41 Change Rate +0.018577% Assessed CR Tax Rate +0.00976%
Year 2020 Assessed Value $672,806 Land Value $140,000 Improvement Value $532,806 Tax Amount $6,446.65 Change Rate -0.144385% Assessed CR Tax Rate +0.009582%
Year 2019 Assessed Value $648,418 Land Value $140,000 Improvement Value $508,418 Tax Amount $7,534.52 Change Rate +0.06051% Assessed CR Tax Rate +0.01162%
Year 2018 Assessed Value $648,418 Land Value $140,000 Improvement Value $508,418 Tax Amount $7,104.62 Change Rate +0.050126% Assessed CR Tax Rate +0.010957%
Year 2017 Assessed Value $648,418 Land Value $140,000 Improvement Value $508,418 Tax Amount $6,765.49 Change Rate +0.02104% Assessed CR Tax Rate +0.010434%
Year 2016 Assessed Value $648,418 Land Value $140,000 Improvement Value $508,418 Tax Amount $6,626.08 Change Rate -0.176982% Assessed CR Tax Rate +0.010219%
Year 2015 Assessed Value $775,563 Land Value $186,000 Improvement Value $589,563 Tax Amount $8,050.95 Change Rate Assessed CR Tax Rate +0.010381%
Year 2014 Assessed Value $791,819 Land Value $186,000 Improvement Value $605,819 Tax Amount Change Rate Assessed CR Tax Rate