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7004 Rainwater Rd; Raleigh, NC Property Details

7004 Rainwater Rd, Raleigh, NC is a Single Family that was built in 1979. This property is currently Financed and is not for sale. Our records show that 7004 Rainwater Rd has 4 bedrooms, and 3.5 bathrooms, and a total of 2,717 square feet. The lot size of 7004 Rainwater Rd is 16,553 square feet.

Off market
7004 Rainwater Rd Raleigh, NC 27615
$357,000 Listing Price
4 Beds
3.5 Baths
2,717 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $357,000
  • Est. Equity / %: $1,022,000 / 100%
  • Gross Yield: 6.917%
  • APN: 1717.15-63-7788-000
  • Situs County: Wake
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,717/SqFt
  • Lot: 16,553/SqFt
  • Gross: 2,717/SqFt
  • Garage: 624/SqFt
  • Living: 2,717/SqFt
  • Building: 2,717/SqFt
  • Garage Unfinished: 624/SqFt
  • Price Per Square Foot: $131.39

Legal Description

  • Description: LO4 N RDG NMKT WAY PT E SE2 BL39
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: 35.875435 / -78.6058
  • Subdivision: North Rdg Newmarket Way Sec 02
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7119
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

7004 Rainwater Rd has no associated ownership info
7004 Rainwater Rd has no associated ownership info.

Taxes

7004 Rainwater Rd has 10 associated Taxes items

7004 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 $1,215,349. The APN we've located for 7004 Rainwater Rd is 1717.15-63-7788-000.

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Taxes
  • Assessed Value:  $1,215,349
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1717.15-63-7788-000
  • Assessed Land Value:  1020000
  • Market Land Value:  1020000
  • Tax Amount:  10619.06
  • Tax Year:  2025
  • Market Value:  1215349
  • Market Year:  2025

Tax History

7004 Rainwater Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,215,349 Land Value $1,020,000 Improvement Value $195,349 Tax Amount $10,619.06 Change Rate +0.004137% Assessed CR Tax Rate +0.008737%
Year 2024 Assessed Value $1,215,349 Land Value $1,020,000 Improvement Value $195,349 Tax Amount $10,575.31 Change Rate +0.51854% Assessed CR Tax Rate +0.008701%
Year 2023 Assessed Value $637,076 Land Value $425,425 Improvement Value $211,651 Tax Amount $6,964.13 Change Rate +0.076306% Assessed CR Tax Rate +0.010931%
Year 2022 Assessed Value $637,076 Land Value $425,425 Improvement Value $211,651 Tax Amount $6,470.4 Change Rate +0.040466% Assessed CR Tax Rate +0.010156%
Year 2021 Assessed Value $637,076 Land Value $425,425 Improvement Value $211,651 Tax Amount $6,218.75 Change Rate -0.092226% Assessed CR Tax Rate +0.009761%
Year 2020 Assessed Value $715,091 Land Value $500,500 Improvement Value $214,591 Tax Amount $6,850.55 Change Rate +0.023457% Assessed CR Tax Rate +0.00958%
Year 2019 Assessed Value $575,851 Land Value $348,000 Improvement Value $227,851 Tax Amount $6,693.54 Change Rate +0.060489% Assessed CR Tax Rate +0.011624%
Year 2018 Assessed Value $575,851 Land Value $348,000 Improvement Value $227,851 Tax Amount $6,311.75 Change Rate +0.050108% Assessed CR Tax Rate +0.010961%
Year 2017 Assessed Value $575,851 Land Value $348,000 Improvement Value $227,851 Tax Amount $6,010.57 Change Rate Assessed CR Tax Rate +0.010438%
Year 2016 Assessed Value $575,851 Land Value $348,000 Improvement Value $227,851 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $416,016 Land Value $253,344 Improvement Value $162,672 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $416,016 Land Value $253,344 Improvement Value $162,672 Tax Amount $4,104.44 Change Rate Assessed CR Tax Rate +0.009866%