When was property at 7204 Rainwater Road built and last sold?

The property at 7204 Rainwater Road was built in and last sold on Jun 20, 1988 for $88,000.

How much is this home worth?

The estimated value of the home located at 7204 Rainwater Road is $883,750.

What are some comparable homes to 7204 Rainwater Road?

There are currently no comparable homes to 7204 Rainwater Road.

Raleigh

27615

North Ridge Estates

7204 Rainwater Road

Map

$875,000

● Land - In Contract

7204 Rainwater Road

Raleigh, NC 27615

Studio

0 Bath

$4,690

Est. Monthly

About This Property

Discover a rare opportunity to build in the premier North Ridge Estates community! This wooded lot offers the chance to develop in one of North Raleigh's most desirable and established neighborhoods. This generously sized lot is shaded by mature trees, that provide a beautiful natural setting with plenty of potential to bring your vision to life. Enjoy an incredible North Raleigh location just a short drive from Midtown, with convenient access to shopping, dining, entertainment, and major roadways. Golf enthusiasts will appreciate the proximity to The Oaks and The Lakes golf courses. Opportunities to develop a lot in North Ridge Estates are few and far between-don't miss the chance to make this exceptional location your own!

Unit Size

Days on Market

Land Size

0.65 acres

Price per sqft

Property Type

Land

Property Taxes

$393

HOA Dues

Year Built

Listed By

Ida Terbet

[email protected]

Howard Perry & Walston Realtor

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (TMLS #10186119)

Price History

Date / Event	Date	Event
Aug 20, 2026	In contract	-
In contract
Aug 13, 2026	Listed by Coldwell Banker HPW	$875,000
Listed by Coldwell Banker HPW
Jun 20, 1988	Sold	Premium
Sold

Property Highlights

Exterior Details

Lot Features: Interior Lot, Near Public Transit, Pie Shaped Lot, Private, Secluded, Wooded, Hardwood Trees

Lot Size Area: 0.65

Lot Size Units: Acres

Lot Size Acres: 0.65

Lot Size Square Feet: 28314

Lot Size Dimensions: 263x62x226x177

Water Source: None

Financial Details

Tax Map Number: 28

Tax Assessed Value: $518,400

Tax Annual Amount: $4,713

Utilities Details

Sewer : None

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 28,314

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: V
Subdivision: GT PT NORTH RIDGE EST
Land Acres: 0000000650
Standard Land Use Code: 8000
County Land Use Code: V
Legal Description 1: LO28 GT PT NORTH RIDGE EST BM1984-01814

Neighborhood

School District Name: Wake County Schools

Census Tract: 054012

Zoning

Zoning: R-6

Geography

Account Number: 0137274

District: 13
Parcel: 1717.11-65-9904 0137274
Lot: 28
Municipality: NEUSE
Latitude: 35.8813
Longitude: -78.6053

Address

Full Address: 7204 Rainwater Rd

Address - House Number: 7204
Address - Street Name: Rainwater
Address - Suffix Type: Rd
State: NC
City Name: Raleigh
Carrier Code: C026
4-Digit Zip Code: 5457
Zip Code: 27615

Valuation

Tax

Tax Year: 2022

Tax Amount: $149,850

Market Valuation

Market Total Value: $148,000

Market Land Value: $148,000

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $148,000
Assessed Land Value: $148,000

Sales

Current Sale Contract Date: Jun 20, 1988

Current Sale Recording Date: Jun 20, 1988
Current Sale Price:

Premium
Current Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Raleigh

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

Average Home Size

2505 ft²

Average Home Age

30.4 years

Currently For Sale

307 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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2 Baths

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Listed by: Ida Terbet, Coldwell Banker HPW
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10186119

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.