OFF MARKET

Off market jul 2009 for $525K

$1,184,579

Est. refi paymentEst. refi $3,392/mo

•

3,532

sq ft

7116 Rainwater Rd, Raleigh, NC 27615

About this home

Single-familyProperty Type

1979Year Built

0.65 acresLot Size

$335Est. Price/Sq.Ft.

2 car garageParking

Listed by Duane Wilson • JDW Properties of NC, Inc.

Bought with Marty Gross • Long & Foster Real Estate INC/Raleigh

Redfin checked: a few seconds ago

•Source:TMLS #1669870

Redfin Estimate

$1,184,579

$660K since sold in July 2009$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.7% lower than the average sale price ($1.30M) of 6 comparable homes.

SOLD SEP 23, 2026
$1,450,000
A
5 beds3.5 baths4,672 sq ft
7212 Fontana Pl, Raleigh, NC 27615
SOLD SEP 15, 2026
$830,000
B
5 beds3.5 baths3,850 sq ft
6804 Woodhaven Ct, Raleigh, NC 27615
SOLD AUG 28, 2026
$1,425,000
C
5 beds3.5 baths3,604 sq ft
7505 Rainwater Rd, Raleigh, NC 27615
SOLD AUG 27, 2026
$1,634,800
D
4 beds3.5 baths4,310 sq ft
7517 Wingfoot Dr, Raleigh, NC 27615
SOLD MAR 30, 2026
$1,133,000
E
5 beds3.5 baths4,410 sq ft
7312 Haymarket Ln, Raleigh, NC 27615
SOLD AUG 13, 2026
$1,316,000
F
4 beds3.5 baths4,008 sq ft
7305 Bay Hill Ct, Raleigh, NC 27615

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Earn from this home

Sell

$876,499

Est. take-home

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Refinance

Est. cash available

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Rent

$3,814/mo

Redfin rental estimate

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Market trends in 27615, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

0.4% MoM

Median sale price

$505K

$20K MoM

Avg. days on market

41d

14 days MoM

Recently sold homes

122

17 MoM

New listings for sale

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OPEN SAT, 2PM TO 4PM
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NEW 35 HRS AGO
$262,900
3 beds2.5 baths1,474 sq ft
6407 New Market Way, Raleigh, NC 27615
COMING SOON
$1,475,000
4 beds4.5 baths4,199 sq ft
7802 Monument Ln, Raleigh, NC 27615
$469,900
4 beds2.5 baths1,979 sq ft
7917 Milltrace Run, Raleigh, NC 27615
$625,000
4 beds2.5 baths3,224 sq ft
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$145,900
2 beds2 baths1,080 sq ft
7106 Longstreet Dr, Raleigh, NC 27615
OPEN SAT, 12PM TO 3PM
$500,000
3 beds3.5 baths2,036 sq ft
1716 Briarforest Pl, Raleigh, NC 27615
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3 beds3.5 baths3,719 sq ft
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OPEN SAT, 2PM TO 4PM
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4 beds3 baths2,580 sq ft
8001 Shellnut Rd, Raleigh, NC 27615
See all

Provided by Redfin

Sale history for 7116 Rainwater Rd

Date

Event

Price

TMLS #1669870

Jul 31, 2009

Sold

$525,000

$149/sq ft

Jul 7, 2009

Listing Removed

—

Jun 16, 2009

Listed

$539,015

$153/sq ft

TMLS #877086

Feb 28, 2007

Sold

$442,000

$125/sq ft

Jul 17, 2006

Listed

$440,000

$125/sq ft

TMLS #843390

Jul 17, 2006

Listing Removed

—

Jan 24, 2006

Listed

$485,000

$137/sq ft

TMLS #499705

Jan 27, 1999

Sold

$323,000

$91/sq ft

Dec 17, 1998

Listed

$339,900

$96/sq ft

Public Records

Jul 22, 1991

Sold

$278,000

$79/sq ft

Public Records

Dec 5, 1988

Sold

$252,500

$71/sq ft

Public Records

Dec 28, 1984

Sold

$240,000

$68/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,489 (+0.4%)

$432,000 + $539,066

$971,066

2024

$8,454 (+36.3%)

$432,000 + $539,066

$971,066

2023

$6,201 (+7.6%)

$432,000 + $539,066

$971,066

2022

$5,762 (+4.1%)

$168,000 + $399,075

$567,075

2021

$5,535 (+6.2%)

$168,000 + $399,075

$567,075

2020

$5,213 (−17.1%)

$168,000 + $375,706

$543,706

2019

$6,286 (+6.0%)

$168,000 + $375,706

$543,706

2018

$5,927 (+5.0%)

$230,000 + $310,658

$540,658

2017

$5,644 (+2.1%)

$230,000 + $310,658

$540,658

2016

$5,528 (+2.6%)

$230,000 + $310,658

$540,658

2015

$5,386 (+6.9%)

$230,000 + $310,658

$540,658

2014

$5,038 (+7.1%)

$269,100 + $249,148

$518,248

2013

$4,705

$269,100 + $242,052

$511,152

2012

$4,705 (+1.0%)

$269,100 + $242,052

$511,152

2011

$4,659

$269,100 + $242,052

$511,152

Tax history for 7116 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,489 (+0.4%)

$432,000 + $539,066

$971,066

2024

$8,454 (+36.3%)

$432,000 + $539,066

$971,066

2023

$6,201 (+7.6%)

$432,000 + $539,066

$971,066

2022

$5,762 (+4.1%)

$168,000 + $399,075

$567,075

2021

$5,535 (+6.2%)

$168,000 + $399,075

$567,075

2020

$5,213 (−17.1%)

$168,000 + $375,706

$543,706

2019

$6,286 (+6.0%)

$168,000 + $375,706

$543,706

2018

$5,927 (+5.0%)

$230,000 + $310,658

$540,658

2017

$5,644 (+2.1%)

$230,000 + $310,658

$540,658

2016

$5,528 (+2.6%)

$230,000 + $310,658

$540,658

2015

$5,386 (+6.9%)

$230,000 + $310,658

$540,658

2014

$5,038 (+7.1%)

$269,100 + $249,148

$518,248

2013

$4,705

$269,100 + $242,052

$511,152

2012

$4,705 (+1.0%)

$269,100 + $242,052

$511,152

2011

$4,659

$269,100 + $242,052

$511,152

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.65 Acres

Year renovated

1990

Sq. Ft.

3,667

Year built

1979

Style

Single Family Residential

County

Wake County

APN

1717.11 65 9404 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 31, 2026.

R-4

Residential-4 District

Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space

May 27, 2025 • Final

Residential change out hvac in a flood zone (do not use unless directed to)

Remove and replace the existing heating and air conditioning systems for the upper and lower floors. Install a new split gas and air conditioning system for the downstairs area including ductwork. Relocate a split gas and air conditioning system to service the second floor, change breaker sizes, and reconnect electrical and gas piping.

HVAC

Sep 10, 2024 • Final

Residential electrical sub-

Replace the furnace and first floor heating and air conditioning system. Requesting inspection for the previously installed equipment.

Electrical

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side

Interior

Bathroom Information
Bathrooms Full: 3

Bedroom Information
Bedrooms Total: 5

Interior Features
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
Laundry Features: Electric Dryer Hookup, Upper Level
Interior Features: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Granite Counters, Separate Shower, Walk-In Closet(s)
Fireplace: Yes
Fireplace Features: Family Room, Masonry
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement, Masonite
Building Area Total: 3532.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Porch, Screened
Exterior Features: Rain Gutters

Property information
Above Grade Finished Area: 3532.0
Below Grade Finished Area: 0.0
Levels: Two
Other Structures: Shed(s), Storage
Ownership Type: Other

Lot Information
Lot Size Acres: 0.65
Lot Size Area: 0.65
Lot Size Dimensions: 143x30x147x160x185
Lot Size Square Feet: 28314.0
Lot Size Units: Acres
Zoning: res

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas, Zoned
Cooling: Yes
Cooling Information: Central Air, Zoned

Location

HOA Information
Association: No
Association Fee Includes: None

School Information
Elementary School: Wake - North Ridge
Middle Or Junior School: Wake - West Millbrook
High School: Wake - Millbrook

Location Information
County Or Parish: Wake
Directions: Falls of Neuse Rd. to east on Thorpshire Dr.; right on Shellnut Rd.; left on Harps Mill Rd.; right on Rainwater Rd.; home is on the left.
Latitude: 35.879963
Longitude: -78.60537
Postal Code: 27615

Public facts

Beds: —
Baths: 3.0
Sq. Ft.: 3,667
Stories: 2.0
Lot Size: 0.65 acres
Style: Single Family Residential
Year Built: 1979
Year Renovated: 1990
County: Wake County
APN: 1717.11 65 9404 000

Home facts updated by county records on Oct 31, 2026

Other

hidden custom fields
Electric Dryer Hookup, Upper Level

Listing Date Information
Contract Status Change Date: 2009-07-31
Price Change Timestamp: 2023-09-16T11:38:20.000Z

Listing Price Information
Previous List Price: 629000.0

Around this home

Schools

K - 12
Preschool & daycare

North Ridge Elementary

Public PreK-5 • Assigned • 1.0mi

7/10

West Millbrook Middle

Public 6-8 • Assigned • 1.8mi

8/10

Millbrook High

Public 9-12 • Assigned • 1.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

55% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27615

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.13M – $1.36M

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Home values near 7116 Rainwater Rd

Data from public records.

Address	Redfin Estimate
7108 Rainwater Road, Raleigh, NC 4 Beds \| 3 Baths \| 3375 Sq. Ft.	$1,361,351
7209 Rainwater Road, Raleigh, NC 5 Beds \| 4.5 Baths \| 4811 Sq. Ft.	$1,189,763

Address	Redfin Estimate
7207 Rainwater Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2950 Sq. Ft.	$927,579
7300 Rainwater Road, Raleigh, NC 4 Beds \| 3 Baths \| 3343 Sq. Ft.	$958,587

Address	Redfin Estimate
7301 Rainwater Road, Raleigh, NC 4 Beds \| 4 Baths \| 4616 Sq. Ft.	$1,374,643
7104 Rainwater Road, Raleigh, NC - Beds \| 3.5 Baths \| 3954 Sq. Ft.	$1,001,776

Property information provided by TMLS when last listed in 2009. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27615, NC

Sale history for 7116 Rainwater Rd

Tax history for 7116 Rainwater Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27615

Home values near 7116 Rainwater Rd

More real estate resources