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6908 Rainwater Rd; Raleigh, NC Property Details

6908 Rainwater Rd, Raleigh, NC is a Single Family that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 6908 Rainwater Rd has 5 bedrooms, and 3 bathrooms, and a total of 2,926 square feet. The lot size of 6908 Rainwater Rd is 28,314 square feet.

Off market
6908 Rainwater Rd Raleigh, NC 27615
$420,000 Listing Price
5 Beds
3 Baths
2,926 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $420,000
  • Open Loans / Balance: 2 / $265,044
  • Est. Equity / %: $601,956 / 69.43%
  • Gross Yield: 6.543%
  • APN: 1717.15-63-7047-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

  • Building Style: Brick
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,926/SqFt
  • Lot: 28,314/SqFt
  • Gross: 2,926/SqFt
  • Garage: 575/SqFt
  • Living: 2,926/SqFt
  • Building: 2,926/SqFt
  • Garage Unfinished: 575/SqFt
  • Price Per Square Foot: $143.54

Legal Description

  • Description: LO7 N RDG NEWMKT WAY SE2PTE BL38
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: 35.87349 / -78.6059
  • Subdivision: N Rdg Newmkt Way
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7117
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

6908 Rainwater Rd has no associated ownership info
6908 Rainwater Rd has no associated ownership info.

Taxes

6908 Rainwater Rd has 10 associated Taxes items

6908 Rainwater Rd, 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 $927,803. The APN we've located for 6908 Rainwater Rd is 1717.15-63-7047-000.

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Taxes
  • Assessed Value:  $927,803
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1717.15-63-7047-000
  • Assessed Land Value:  660000
  • Market Land Value:  660000
  • Tax Amount:  8111.37
  • Tax Year:  2025
  • Market Value:  927803
  • Market Year:  2025

Tax History

6908 Rainwater Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $927,803 Land Value $660,000 Improvement Value $267,803 Tax Amount $8,111.37 Change Rate +0.004135% Assessed CR Tax Rate +0.008743%
Year 2024 Assessed Value $982,803 Land Value $715,000 Improvement Value $267,803 Tax Amount $8,077.97 Change Rate +0.490213% Assessed CR Tax Rate +0.008219%
Year 2023 Assessed Value $495,475 Land Value $385,000 Improvement Value $110,475 Tax Amount $5,420.68 Change Rate +0.076239% Assessed CR Tax Rate +0.01094%
Year 2022 Assessed Value $495,475 Land Value $385,000 Improvement Value $110,475 Tax Amount $5,036.69 Change Rate +0.04963% Assessed CR Tax Rate +0.010165%
Year 2021 Assessed Value $491,114 Land Value $385,000 Improvement Value $106,114 Tax Amount $4,798.54 Change Rate +0.018556% Assessed CR Tax Rate +0.009771%
Year 2020 Assessed Value $491,114 Land Value $385,000 Improvement Value $106,114 Tax Amount $4,711.12 Change Rate +0.076463% Assessed CR Tax Rate +0.009593%
Year 2019 Assessed Value $375,915 Land Value $174,000 Improvement Value $201,915 Tax Amount $4,376.48 Change Rate +0.060386% Assessed CR Tax Rate +0.011642%
Year 2018 Assessed Value $375,915 Land Value $174,000 Improvement Value $201,915 Tax Amount $4,127.25 Change Rate +0.050017% Assessed CR Tax Rate +0.010979%
Year 2017 Assessed Value $375,915 Land Value $174,000 Improvement Value $201,915 Tax Amount $3,930.65 Change Rate Assessed CR Tax Rate +0.010456%
Year 2016 Assessed Value $375,915 Land Value $174,000 Improvement Value $201,915 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $457,149 Land Value $208,800 Improvement Value $248,349 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $457,149 Land Value $208,800 Improvement Value $248,349 Tax Amount Change Rate Assessed CR Tax Rate