See Home Value
$685,000
● House - Off Market

7520 Rainwater Road

Raleigh, NC 27615
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,192 Ft²
$871,346
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Classic brick home on 1/4 acre corner lot in exclusive North Ridge!  Downstairs has a custom library/office, open plan kitchen, breakfast nook, formal dining room, living room, and two car garage. Upstairs you have five bedrooms (or four and a bonus) and two bathrooms, third floor spacious finished attic with storage in an huge unfinished area. Charming screened in porch and a deck-perfect for entertaining all year round. 9 ft ceilings, new hwoods, walkable streets - must see!
Unit Size
4,192 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$163
Property Type
House
Property Taxes
$490
HOA Dues
$2
Year Built
1990

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Last updated: 2 years ago (TMLS #2361942)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Sold
Jan 12, 2025 In contract -
In contract
Dec 7, 2024 Price Decreased $1,225,000
↓ $25K (2%)
Price Decreased
Oct 22, 2024 Price Decreased $1,250,000
↓ $49K (3.8%)
Price Decreased
Sep 27, 2024 Listed by Allen Tate/Raleigh-Falls Neuse $1,299,000
Listed by Allen Tate/Raleigh-Falls Neuse
Incredible departure from the ordinary in the middle of coveted North Ridge. This home features designer touches yet provides for cozy and comfortable living. Upon entering in the foyer you will note the study with built in bookshelves and library ladder. The spacious dining room easily fits an oversized table and will surely provide memorable dinner parties and views of the vibrant blooming side yard in spring. The well appointed kitchen with center island opens to family room with new top of the line gas log fireplace. There is endless possibilities for outdoor entertaining in the screened porch with vaulted tongue in groove ceiling, opening to the deck and patio with novelty lighting and feature tree uplighting. Upstairs you will find the large primary bedroom with floating bedside cabinets, walk in closet and private luxury bath. Generous size bedrooms throughout. With two staircases the rear staircase leads to the fifth bedroom/bonus room is one of two oversized bonus spaces which is perfect for multi use. The laundry room is complete with built in ironing board, utility sink and drying racks. The finished third floor provides more living space for crafting, game room or office use. You will not lack for storage in the oversize garage that easily fits two cars, Trucks and SUVs, huge pantry and third floor walk in attic. The property is fenced on both sides and in the rear with remote control gate at the driveway for your private oasis complete with hedges, beautiful flowering plants & landscaping that includes remote control irrigation& drip lines, mature trees and up lighting. Roof (2013) HVAC (2021,2022, Furnace/ AirHandler in 2021 all with annual check & tuneups maintained) Recessed lighting(2021) Landscaping, Grading & Drainage (2022) Wi-Fi Irrigation(2022)Tankless WaterHeater(2022) Fence & Automatic Gate (2022)
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 699
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 4,122
  • Building Area: 4,122
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,122
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH RIDGE ESTATES
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO200 NORTH RIDGE ESTATES PH4 BM1988-1028

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054012

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0172981
  • District: 13
  • Subdivision Phase Number: 4
  • Parcel: 1717.07-77-2920 0172981
  • Lot: 200
  • Municipality: NEUSE
  • Latitude: 35.8867
  • Longitude: -78.6042

    Address

  • Full Address: 7520 Rainwater Rd
  • Address - House Number: 7520
  • Address - Street Name: Rainwater
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 3700
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $623,168

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 1,023,807
  • High Value: 1,162,428
  • Low Value: 885,186

    Market Valuation

  • Market Total Value: $613,499
  • Market Land Value: $148,000
  • Market Improvement Value: $465,499

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $613,499
  • Assessed Land Value: $148,000
  • Assessed Improvements Value: $465,499

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 17, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $593,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Raleigh


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 9041 Tenderfoot Trail, Raleigh, NC, 27615

$3,000 /mo

  • 4 Beds
  • 2 Baths
9041 Tenderfoot Trail, Raleigh, NC, 27615 Listing by Claudio Acevedo


Frequently Asked Questions

When was property at 7520 Rainwater Road built and last sold?
The property at 7520 Rainwater Road was built in 1990 and last sold on Feb 18, 2021 for $685,000.
How much is this home worth?
The estimated value of the home located at 7520 Rainwater Road is $1,192,748.
What are some comparable homes to 7520 Rainwater Road?
There are currently no comparable homes to 7520 Rainwater Road.