- Assessed Value: $541,731
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0797.20-91-2187-000
- Assessed Land Value: 230000
- Market Land Value: 230000
- Tax Amount: 4744.44
- Tax Year: 2025
- Market Value: 541731
- Market Year: 2025
6516 Rainbow Ct; Raleigh, NC Property Details
Off market
6516 Rainbow Ct Raleigh, NC 27612
$300,000 Listing Price
3 Beds
2.5 Baths
2,061 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1977
- Purchase Price: $306,000
- Open Loans / Balance: 1 / $237,915
- Est. Equity / %: $339,085 / 58.77%
- Gross Yield: 5.253%
- APN: 0797.20-91-2187-000
- Situs County: Wake
- Length Of Ownership: 9 years
Rooms
- Bedrooms: 3
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Condition: Average
- Building Quality: C
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 2,061/SqFt
- Lot: 20,038/SqFt
- Gross: 2,061/SqFt
- Garage: 514/SqFt
- Living: 2,061/SqFt
- Building: 2,061/SqFt
- Garage Unfinished: 514/SqFt
- Price Per Square Foot: $148.47
Legal Description
- Description: LO44 LAKEPARK SUB PH1 SE2
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: 35.868443 / -78.66491
- Subdivision: Lakepark Sub Ph1
- Property Class: Residential
- Zoning: R-4
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 6541
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Forced air unit
HOA
- H O A One Type: Planned Unit Development
Ownership Info
6516 Rainbow Ct has no associated ownership info
6516 Rainbow Ct has no associated ownership info.
Taxes
6516 Rainbow Ct has 10 associated Taxes items
6516 Rainbow Ct, 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 $541,731. The APN we've located for 6516 Rainbow Ct is 0797.20-91-2187-000.
Unlock the full reportTaxes
Tax History
6516 Rainbow Ct has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $541,731 | Land Value $230,000 | Improvement Value $311,731 | Tax Amount $4,744.44 | Change Rate +0.004127% | Assessed CR | Tax Rate +0.008758% |
| Year 2024 | Assessed Value $541,731 | Land Value $230,000 | Improvement Value $311,731 | Tax Amount $4,724.94 | Change Rate +0.401494% | Assessed CR | Tax Rate +0.008722% |
| Year 2023 | Assessed Value $307,464 | Land Value $110,000 | Improvement Value $197,464 | Tax Amount $3,371.36 | Change Rate +0.076056% | Assessed CR | Tax Rate +0.010965% |
| Year 2022 | Assessed Value $307,464 | Land Value $110,000 | Improvement Value $197,464 | Tax Amount $3,133.07 | Change Rate +0.040327% | Assessed CR | Tax Rate +0.01019% |
| Year 2021 | Assessed Value $307,464 | Land Value $110,000 | Improvement Value $197,464 | Tax Amount $3,011.62 | Change Rate +0.018509% | Assessed CR | Tax Rate +0.009795% |
| Year 2020 | Assessed Value $307,464 | Land Value $110,000 | Improvement Value $197,464 | Tax Amount $2,956.89 | Change Rate +0.028655% | Assessed CR | Tax Rate +0.009617% |
| Year 2019 | Assessed Value $246,313 | Land Value $95,000 | Improvement Value $151,313 | Tax Amount $2,874.52 | Change Rate +0.060235% | Assessed CR | Tax Rate +0.01167% |
| Year 2018 | Assessed Value $246,313 | Land Value $95,000 | Improvement Value $151,313 | Tax Amount $2,711.21 | Change Rate +0.049884% | Assessed CR | Tax Rate +0.011007% |
| Year 2017 | Assessed Value $246,313 | Land Value $95,000 | Improvement Value $151,313 | Tax Amount $2,582.39 | Change Rate +0.020933% | Assessed CR | Tax Rate +0.010484% |
| Year 2016 | Assessed Value $237,677 | Land Value $95,000 | Improvement Value $142,677 | Tax Amount $2,529.44 | Change Rate +0.040357% | Assessed CR | Tax Rate +0.010642% |
| Year 2015 | Assessed Value $232,865 | Land Value $95,000 | Improvement Value $137,865 | Tax Amount $2,431.32 | Change Rate +0.054222% | Assessed CR | Tax Rate +0.010441% |
| Year 2014 | Assessed Value $232,865 | Land Value $95,000 | Improvement Value $137,865 | Tax Amount $2,306.27 | Change Rate | Assessed CR | Tax Rate +0.009904% |