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7220 Madiera Ct; Raleigh, NC Property Details

7220 Madiera Ct, Raleigh, NC is a Single Family that was built in 1969. This property is currently a cash purchase and is not for sale. Our records show that 7220 Madiera Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,385 square feet. The lot size of 7220 Madiera Ct is 16,553 square feet.

For Rent
7220 Madiera Ct Raleigh, NC 27615
$2,495 Listing Price
3 Beds
2 Baths
1,385 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1969
  • Purchase Price: $153,000
  • Est. Equity / %: $478,000 / 100%
  • Gross Yield: 7.961%
  • APN: 1717.05-19-5154-000
  • Situs County: Wake
  • Length Of Ownership: 27 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,385/SqFt
  • Lot: 16,553/SqFt
  • Gross: 1,385/SqFt
  • Garage: 336/SqFt
  • Living: 1,385/SqFt
  • Building: 1,385/SqFt
  • Ground: 1,385/SqFt
  • Garage Unfinished: 336/SqFt
  • Price Per Square Foot: $110.47

Legal Description

  • Description: LO26 WOODMERE HILLS SUB BLA BM1969-260
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: 35.890186 / -78.623375
  • Subdivision: Woodmere Hills Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3328
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

7220 Madiera Ct has no associated ownership info
7220 Madiera Ct has no associated ownership info.

Taxes

7220 Madiera Ct has 10 associated Taxes items

7220 Madiera 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 $527,119. The APN we've located for 7220 Madiera Ct is 1717.05-19-5154-000.

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Taxes
  • Assessed Value:  $527,119
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1717.05-19-5154-000
  • Assessed Land Value:  265000
  • Market Land Value:  265000
  • Tax Amount:  4617
  • Tax Year:  2025
  • Market Value:  527119
  • Market Year:  2025

Tax History

7220 Madiera Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $527,119 Land Value $265,000 Improvement Value $262,119 Tax Amount $4,617 Change Rate +0.004126% Assessed CR Tax Rate +0.008759%
Year 2024 Assessed Value $527,119 Land Value $265,000 Improvement Value $262,119 Tax Amount $4,598.03 Change Rate +0.34419% Assessed CR Tax Rate +0.008723%
Year 2023 Assessed Value $311,988 Land Value $120,000 Improvement Value $191,988 Tax Amount $3,420.67 Change Rate +0.076061% Assessed CR Tax Rate +0.010964%
Year 2022 Assessed Value $311,988 Land Value $120,000 Improvement Value $191,988 Tax Amount $3,178.88 Change Rate +0.040329% Assessed CR Tax Rate +0.010189%
Year 2021 Assessed Value $311,988 Land Value $120,000 Improvement Value $191,988 Tax Amount $3,055.65 Change Rate +0.018513% Assessed CR Tax Rate +0.009794%
Year 2020 Assessed Value $311,988 Land Value $120,000 Improvement Value $191,988 Tax Amount $3,000.11 Change Rate +0.0494% Assessed CR Tax Rate +0.009616%
Year 2019 Assessed Value $244,963 Land Value $100,000 Improvement Value $144,963 Tax Amount $2,858.88 Change Rate +0.060231% Assessed CR Tax Rate +0.011671%
Year 2018 Assessed Value $244,963 Land Value $100,000 Improvement Value $144,963 Tax Amount $2,696.47 Change Rate Assessed CR Tax Rate +0.011008%
Year 2017 Assessed Value $244,963 Land Value $100,000 Improvement Value $144,963 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $244,963 Land Value $100,000 Improvement Value $144,963 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $219,059 Land Value $90,000 Improvement Value $129,059 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $219,059 Land Value $90,000 Improvement Value $129,059 Tax Amount Change Rate Assessed CR Tax Rate