Taxes
- Assessed Value: $1,348,912
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1717.15-63-5860-000
- Assessed Land Value: 1020000
- Market Land Value: 1020000
- Tax Amount: 11783.86
- Tax Year: 2025
- Market Value: 1348912
- Market Year: 2025
7005 Rainwater Rd; Raleigh, NC Property Details
Off market
7005 Rainwater Rd Raleigh, NC 27615
$480,000 Listing Price
5 Beds
3 Baths
3,980 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1977
- Purchase Price: $480,000
- Open Loans / Balance: 1 / $197,502
- Est. Equity / %: $911,498 / 82.19%
- Gross Yield: 9.245%
- APN: 1717.15-63-5860-000
- Situs County: Wake
- Length Of Ownership: 16 years, 8 months
Rooms
- Bedrooms: 5
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 9
Structure
- Building Style: Brick
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: B
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 3,980/SqFt
- Lot: 25,265/SqFt
- Gross: 3,980/SqFt
- Garage: 550/SqFt
- Living: 3,980/SqFt
- Building: 3,980/SqFt
- Garage Unfinished: 550/SqFt
- Price Per Square Foot: $120.60
Legal Description
- Description: LO12 N RDG NMKT WAY PT E SE2 BL28
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: 35.875496 / -78.60657
- Subdivision: North Rdg Newmarket Way Sec 02
- Property Class: Residential
- Zoning: R-6
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 7120
- Bathroom Fixtures: 7
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Forced air unit
Ownership Info
7005 Rainwater Rd has no associated ownership info
7005 Rainwater Rd has no associated ownership info.
Taxes
7005 Rainwater Rd has 10 associated Taxes items
7005 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 $1,348,912. The APN we've located for 7005 Rainwater Rd is 1717.15-63-5860-000.
Unlock the full reportTax History
7005 Rainwater Rd 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 $1,348,912 | Land Value $1,020,000 | Improvement Value $328,912 | Tax Amount $11,783.86 | Change Rate +0.004138% | Assessed CR | Tax Rate +0.008736% |
| Year 2024 | Assessed Value $1,433,912 | Land Value $1,105,000 | Improvement Value $328,912 | Tax Amount $11,735.3 | Change Rate +0.315117% | Assessed CR | Tax Rate +0.008184% |
| Year 2023 | Assessed Value $816,825 | Land Value $500,500 | Improvement Value $316,325 | Tax Amount $8,923.39 | Change Rate +0.076359% | Assessed CR | Tax Rate +0.010924% |
| Year 2022 | Assessed Value $816,825 | Land Value $500,500 | Improvement Value $316,325 | Tax Amount $8,290.35 | Change Rate +0.040493% | Assessed CR | Tax Rate +0.010149% |
| Year 2021 | Assessed Value $816,825 | Land Value $500,500 | Improvement Value $316,325 | Tax Amount $7,967.71 | Change Rate +0.018588% | Assessed CR | Tax Rate +0.009754% |
| Year 2020 | Assessed Value $816,825 | Land Value $500,500 | Improvement Value $316,325 | Tax Amount $7,822.31 | Change Rate +0.263415% | Assessed CR | Tax Rate +0.009576% |
| Year 2019 | Assessed Value $532,522 | Land Value $217,500 | Improvement Value $315,022 | Tax Amount $6,191.4 | Change Rate +0.060474% | Assessed CR | Tax Rate +0.011627% |
| Year 2018 | Assessed Value $532,522 | Land Value $217,500 | Improvement Value $315,022 | Tax Amount $5,838.33 | Change Rate +0.050091% | Assessed CR | Tax Rate +0.010964% |
| Year 2017 | Assessed Value $532,522 | Land Value $217,500 | Improvement Value $315,022 | Tax Amount $5,559.83 | Change Rate +0.021027% | Assessed CR | Tax Rate +0.010441% |
| Year 2016 | Assessed Value $532,522 | Land Value $217,500 | Improvement Value $315,022 | Tax Amount $5,445.33 | Change Rate -0.142046% | Assessed CR | Tax Rate +0.010226% |
| Year 2015 | Assessed Value $610,998 | Land Value $298,584 | Improvement Value $312,414 | Tax Amount $6,346.88 | Change Rate | Assessed CR | Tax Rate +0.010388% |
| Year 2014 | Assessed Value $610,998 | Land Value $298,584 | Improvement Value $312,414 | Tax Amount | Change Rate | Assessed CR | Tax Rate |