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7616 Rainwater Rd; Raleigh, NC Property Details

7616 Rainwater Rd, Raleigh, NC is a Single Family that was built in 1992. This property is not for sale. Our records show that 7616 Rainwater Rd has 3.5 bathrooms, and a total of 4,290 square feet. The lot size of 7616 Rainwater Rd is 17,424 square feet.

Off market
7616 Rainwater Rd Raleigh, NC 27615
$976,886 Estimated Value
3.5 Baths
4,290 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $450,000
  • Est. Equity / %: $1,274,000 / 100%
  • Gross Yield: 5.93%
  • APN: 1717.07-78-3541-000
  • Situs County: Wake
  • Length Of Ownership: 29 years, 3 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 4,290/SqFt
  • Lot: 17,424/SqFt
  • Gross: 4,290/SqFt
  • Garage: 783/SqFt
  • Living: 4,290/SqFt
  • Building: 4,290/SqFt
  • Garage Unfinished: 783/SqFt
  • Price Per Square Foot: $104.90

Legal Description

  • Description: LO115 NORTH RIDGE ESTATES BM1988-1085
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: 35.888416 / -78.60383
  • Subdivision: North Ridge Estates
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3745
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $25
  • H O A Amount: $25
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

7616 Rainwater Rd has no associated ownership info
7616 Rainwater Rd has no associated ownership info.

Taxes

7616 Rainwater Rd has 8 associated Taxes items

7616 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 $976,886. The APN we've located for 7616 Rainwater Rd is 1717.07-78-3541-000.

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Taxes
  • Assessed Value:  $976,886
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1717.07-78-3541-000
  • Assessed Land Value:  432000
  • Market Land Value:  432000
  • Market Value:  976886
  • Market Year:  2025

Tax History

7616 Rainwater Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $976,886 Land Value $432,000 Improvement Value $544,886 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $976,886 Land Value $432,000 Improvement Value $544,886 Tax Amount $8,504.26 Change Rate +0.12144% Assessed CR Tax Rate +0.008705%
Year 2023 Assessed Value $693,884 Land Value $148,000 Improvement Value $545,884 Tax Amount $7,583.34 Change Rate +0.076327% Assessed CR Tax Rate +0.010929%
Year 2022 Assessed Value $693,884 Land Value $148,000 Improvement Value $545,884 Tax Amount $7,045.57 Change Rate +0.040476% Assessed CR Tax Rate +0.010154%
Year 2021 Assessed Value $693,884 Land Value $148,000 Improvement Value $545,884 Tax Amount $6,771.49 Change Rate +0.018579% Assessed CR Tax Rate +0.009759%
Year 2020 Assessed Value $693,884 Land Value $148,000 Improvement Value $545,884 Tax Amount $6,647.98 Change Rate Assessed CR Tax Rate +0.009581%
Year 2019 Assessed Value $621,595 Land Value $148,750 Improvement Value $472,845 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $621,595 Land Value $148,750 Improvement Value $472,845 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $621,595 Land Value $148,750 Improvement Value $472,845 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $621,595 Land Value $148,750 Improvement Value $472,845 Tax Amount $6,352.81 Change Rate Assessed CR Tax Rate +0.01022%
Year 2015 Assessed Value $676,119 Land Value $208,250 Improvement Value $467,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $676,119 Land Value $208,250 Improvement Value $467,869 Tax Amount Change Rate Assessed CR Tax Rate