OFF MARKET

Off market jan 2016 for $563K

$1,194,586

Est. refi paymentEst. refi $3,664/mo

•

4,102

sq ft

7316 Rainwater Rd, Raleigh, NC 27615

About this home

Gorgeous move-in ready spacious home in North Ridge Estates. Fully updated, fresh paint, and newly refinished hardwoods. The flexible space you need with finished 3rd floor as well as finished basement. Gourmet chef's kitchen with stainless appliances, granite countertops. Open flowing floorplan great for entertaining: family room with masonry hearth and wet-bar, formal living room also with fireplace, and elegant dining room. Minutes to your tee time/tennis match @ optional North Ridge Country Club.

Single-familyProperty Type

1985Year Built

0.44 acresLot Size

$291Est. Price/Sq.Ft.

2 car garageParking

Listed by Geoff Gross • Long & Foster Real Estate INC/Raleigh

Bought with Kathryn West • Berkshire Hathaway HomeService

Redfin checked: 2 minutes ago

•Source:TMLS #2022855

Redfin Estimate

$1,194,586

$632K since sold in January 2016$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.1% lower than the average sale price ($1.30M) of 6 comparable homes.

SOLD AUG 13, 2026
$1,316,000
A
4 beds3.5 baths4,008 sq ft
7305 Bay Hill Ct, Raleigh, NC 27615
SOLD JUN 29, 2026
$1,225,000
B
4 beds4 baths4,616 sq ft
7301 Rainwater Rd, Raleigh, NC 27615
SOLD AUG 26, 2026
$995,000
C
4 beds4 baths3,464 sq ft
2221 Weybridge Dr, 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 AUG 28, 2026
$1,425,000
E
5 beds3.5 baths3,604 sq ft
7505 Rainwater Rd, Raleigh, NC 27615
SOLD NOV 24, 2025
$1,200,000
F
4 beds3.5 baths4,303 sq ft
2105 Prescott Pl, Raleigh, NC 27615

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$779,932

Est. take-home

List your home with Redfin and save $11,946

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,162/mo

Redfin rental estimate

List your home for rent

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

NEW 7 HRS AGO
$696,000
4 beds2.5 baths2,888 sq ft
10012 Almond Ct, Raleigh, NC 27615
NEW 8 HRS AGO
$725,000
4 beds3 baths2,738 sq ft
805 Berwyn Way, Raleigh, NC 27615
OPEN SUN, 12PM TO 2PM
$525,000
5 beds3.5 baths2,670 sq ft
2516 Deanwood Dr, Raleigh, NC 27615
NEW 27 HRS AGO
$335,000
2 beds2 baths1,330 sq ft
105 Renwick Ct, Raleigh, NC 27615
OPEN SUN, 2PM TO 4PM
$374,900
3 beds2 baths1,914 sq ft
3047 Coxindale Dr, Raleigh, NC 27615
3D WALKTHROUGH
$259,000
2 beds2 baths1,134 sq ft
201 Wetherburn Ln, Raleigh, NC 27615
$424,900
4 beds2.5 baths1,801 sq ft
246 Crown Oaks Dr, Raleigh, NC 27615
$995,000
4 beds3.5 baths3,494 sq ft
10408 Veasey Mill Rd, Raleigh, NC 27615
OPEN SAT, 2PM TO 4PM
$650,000
3 beds2.5 baths2,410 sq ft
1229 Wedgeland Dr, Raleigh, NC 27615
$262,900
3 beds2.5 baths1,474 sq ft
6407 New Market Way, Raleigh, NC 27615
See all

Provided by Redfin

Sale history for 7316 Rainwater Rd

Date

Event

Price

TMLS #2022855

Jan 15, 2016

Sold

$563,000

$137/sq ft

Nov 22, 2015

Contingent

—

Oct 22, 2015

Price Changed

$599,000

$146/sq ft

Aug 24, 2015

Relisted

—

Aug 17, 2015

Listing Removed

—

Aug 4, 2015

Listed

$625,000

$152/sq ft

TMLS #917000

Jun 29, 2007

Sold

$590,000

$144/sq ft

Mar 6, 2007

Listed

$599,900

$146/sq ft

TMLS #891500

Mar 6, 2007

Listing Removed

—

Sep 29, 2006

Listed

$649,900

$158/sq ft

TMLS #865639

May 31, 2006

Sold

$455,000

$111/sq ft

May 17, 2006

Listed

$479,900

$117/sq ft

Public Records

Feb 10, 1992

Sold

$269,000

$66/sq ft

Public Records

Oct 17, 1986

Sold

$251,500

$61/sq ft

Public Records

Feb 21, 1985

Sold

$52,500

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,272 (+0.4%)

$432,000 + $514,204

$946,204

2024

$8,238 (+25.0%)

$432,000 + $514,204

$946,204

2023

$6,590 (+6.2%)

$432,000 + $514,204

$946,204

2022

$6,204 (+4.0%)

$148,000 + $454,767

$602,767

2021

$5,963 (+1.9%)

$148,000 + $462,773

$610,773

2020

$5,854 (−6.6%)

$148,000 + $462,773

$610,773

2019

$6,265 (+6.0%)

$148,000 + $462,773

$610,773

2018

$5,908 (+5.0%)

$148,750 + $390,103

$538,853

2017

$5,626 (+2.1%)

$148,750 + $390,103

$538,853

2016

$5,509 (−11.4%)

$148,750 + $390,103

$538,853

2015

$6,219 (+5.5%)

$148,750 + $390,103

$538,853

2014

$5,897 (+7.1%)

$208,250 + $390,415

$598,665

2013

$5,507

$208,250 + $390,415

$598,665

2012

$5,507 (+1.0%)

$208,250 + $390,415

$598,665

2011

$5,453

$208,250 + $390,415

$598,665

Tax history for 7316 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,272 (+0.4%)

$432,000 + $514,204

$946,204

2024

$8,238 (+25.0%)

$432,000 + $514,204

$946,204

2023

$6,590 (+6.2%)

$432,000 + $514,204

$946,204

2022

$6,204 (+4.0%)

$148,000 + $454,767

$602,767

2021

$5,963 (+1.9%)

$148,000 + $462,773

$610,773

2020

$5,854 (−6.6%)

$148,000 + $462,773

$610,773

2019

$6,265 (+6.0%)

$148,000 + $462,773

$610,773

2018

$5,908 (+5.0%)

$148,750 + $390,103

$538,853

2017

$5,626 (+2.1%)

$148,750 + $390,103

$538,853

2016

$5,509 (−11.4%)

$148,750 + $390,103

$538,853

2015

$6,219 (+5.5%)

$148,750 + $390,103

$538,853

2014

$5,897 (+7.1%)

$208,250 + $390,415

$598,665

2013

$5,507

$208,250 + $390,415

$598,665

2012

$5,507 (+1.0%)

$208,250 + $390,415

$598,665

2011

$5,453

$208,250 + $390,415

$598,665

*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

0.44 Acres

Year renovated

2000

Sq. Ft.

4,162

Year built

1985

Style

Single Family Residential

County

Wake County

APN

1717.11 76 1631 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

Oct 23, 2024 • Final

Residential electrical renovation / alteration / repairs

Install a NEMA 14-50 outlet in a garage.

Electrical

Ev charger

Sep 10, 2024 • Final

Residential electrical renovation / alteration / repairs

Install an electrical outlet for car charging.

Electrical

Ev charger

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

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Cooktop - Down, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
Laundry Features: Laundry Room, Main Level
Interior Features: Entrance Foyer, Granite Counters, Separate Shower, Walk-In Closet(s)
Fireplace: Yes
Fireplace Features: Family Room, Living Room, Primary Bedroom
Fireplaces Total: 3
Flooring: Carpet, Hardwood

Room Information
Daylight, Exterior Entry, Finished, Heated, Interior Entry

Exterior

Building Information
Construction Materials: Masonite
Building Area Total: 4102.0
Builder Name: Matt Walton Builder Inc.
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Deck, Porch

Pool Information
Pool Features: Swimming Pool Com/Fee

Property information
Above Grade Finished Area: 3452.0
Below Grade Finished Area: 650.0
Levels: Multi/Split, Three Or More, Two
Ownership Type: Other

Lot Information
Lot Size Acres: 0.44
Lot Size Area: 0.44
Lot Size Dimensions: See plat
Lot Size Square Feet: 19166.4
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 5897.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

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

Location

HOA Information
Association: No
Association Amenities: Tennis Court(s)
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown

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: From 440: North on Wake Forest Road (becomes Falls of Neuse), Right on Hunting Ridge by North Ridge Country Club, left on Rainwater. Home is on your right.
Latitude: 35.883174
Longitude: -78.604568
Postal Code: 27615

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,162
Stories: 2.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1985
Year Renovated: 2000
County: Wake County
APN: 1717.11 76 1631 000

Home facts updated by county records on Oct 31, 2026

Other

hidden custom fields
Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2016-01-15
Price Change Timestamp: 2016-01-15T09:29:07.000Z

Listing Price Information
Previous List Price: 625000.0

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 • 1.7mi

8/10

Millbrook High

Public 9-12 • Assigned • 1.2mi

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

59% 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

$1.14M – $1.37M

Reach more buyers when you sell with Redfin. Save up to $11,946 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$410,000

3 beds2 baths1,500 sq ft

8021 Mourning Dove Rd, Raleigh, NC 27615

New roof • Quartz counter tops • Ceramic tile showers

$440,000

3 beds2.5 baths2,146 sq ft

5612 Old Forge Cir, Raleigh, NC 27609

Generous yard • Rear deck • Copper plumbing

$535,000

3 beds2.5 baths2,178 sq ft

624 Van Thomas Dr, Raleigh, NC 27615

Quartz countertops • Fireplace • Deck

$469,900

4 beds2.5 baths1,979 sq ft

7917 Milltrace Run, Raleigh, NC 27615

Fenced-in backyard • 8,712 sq ft lot • 2 garage spots

$369,900

3 beds2 baths1,550 sq ft

516 Drolmond Dr, Raleigh, NC 27615

Newer roof • Refinished cabinets • Exterior siding

$5,200,000

5 beds6.5 baths5,682 sq ft

1817 Hunting Ridge Rd, Raleigh, NC 27615

Sweeping views • Tranquil pond • Spa-like bath

New listings for sale in 27615

NEW 7 HRS AGO3D WALKTHROUGH

$696,000

4 beds2.5 baths2,888 sq ft

10012 Almond Ct, Raleigh, NC 27615

Two story • Kitchen island • Screened porch

NEW 8 HRS AGO3D WALKTHROUGH

$725,000

4 beds3 baths2,738 sq ft

805 Berwyn Way, Raleigh, NC 27615

Updated kitchen • Screened-in porch • Walk in crawlspace

OPEN SUN, 12PM TO 2PM

$525,000

5 beds3.5 baths2,670 sq ft

2516 Deanwood Dr, Raleigh, NC 27615

First floor bedroom • Ensuite bath • Deck

NEW 27 HRS AGO3D WALKTHROUGH

$335,000

2 beds2 baths1,330 sq ft

105 Renwick Ct, Raleigh, NC 27615

New carpet • Sealed crawlspace • White cabinets

OPEN SUN, 2PM TO 4PM

$374,900

3 beds2 baths1,914 sq ft

3047 Coxindale Dr, Raleigh, NC 27615

Fenced backyard • Two-car garage • Hardwood floors

3D WALKTHROUGH

$259,000

2 beds2 baths1,134 sq ft

201 Wetherburn Ln, Raleigh, NC 27615

Updated kitchen • Private rear deck • Community amenities

$424,900

4 beds2.5 baths1,801 sq ft

246 Crown Oaks Dr, Raleigh, NC 27615

Back yard • Privacy fence • Access gates

$995,000

4 beds3.5 baths3,494 sq ft

10408 Veasey Mill Rd, Raleigh, NC 27615

Custom built home • Elegant bathroom • New roof

OPEN SAT, 2PM TO 4PM

$650,000

3 beds2.5 baths2,410 sq ft

1229 Wedgeland Dr, Raleigh, NC 27615

Hardwood floors • Tile kitchen • Carpeted bedrooms

Home values near 7316 Rainwater Rd

Data from public records.

Address	Redfin Estimate
7308 Rainwater Road, Raleigh, NC - Beds \| 3.5 Baths \| 4266 Sq. Ft.	$1,150,291
7313 Rainwater Road, Raleigh, NC 5 Beds \| 3.5 Baths \| 4703 Sq. Ft.	$1,328,281
7309 Rainwater Road, Raleigh, NC - Beds \| - Baths \| 3865 Sq. Ft.	$940,874
7404 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3249 Sq. Ft.	$1,254,731
7405 Wingfoot Drive, Raleigh, NC 4 Beds \| 3 Baths \| 3031 Sq. Ft.	$1,021,375
1908 Merion Place, Raleigh, NC - Beds \| 3.5 Baths \| 3392 Sq. Ft.	$1,086,629
1913 Prescott Place, Raleigh, NC 4 Beds \| 2.5 Baths \| 3272 Sq. Ft.	$1,078,197

Address	Redfin Estimate
7312 Rainwater Road, Raleigh, NC 5 Beds \| 3.5 Baths \| 4399 Sq. Ft.	$1,031,902
7304 Rainwater Road, Raleigh, NC - Beds \| - Baths \| 3648 Sq. Ft.	$1,125,151
7405 Rainwater Road, Raleigh, NC - Beds \| - Baths \| 3457 Sq. Ft.	$1,038,628
7400 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3306 Sq. Ft.	$1,063,185
7404 Wingfoot Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 4587 Sq. Ft.	$1,608,182
7316 Bay Hill Court, Raleigh, NC 4 Beds \| 3.5 Baths \| 3843 Sq. Ft.	$1,430,823
1904 Merion Place, Raleigh, NC 4 Beds \| 3.5 Baths \| 3160 Sq. Ft.	$1,126,477

Address	Redfin Estimate
7317 Rainwater Road, Raleigh, NC - Beds \| - Baths \| 3802 Sq. Ft.	$976,777
7321 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3340 Sq. Ft.	$1,054,692
7408 Rainwater Road, Raleigh, NC - Beds \| 3.5 Baths \| 3743 Sq. Ft.	$1,218,762
7304 Rainwater Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 3641 Sq. Ft.	$998,005
1909 Merion Place, Raleigh, NC - Beds \| 3.5 Baths \| 4572 Sq. Ft.	$1,324,049
1905 Prescott Place, Raleigh, NC 5 Beds \| 4 Baths \| 4300 Sq. Ft.	$968,911
1908 Prescott Place, Raleigh, NC 6 Beds \| 5.5 Baths \| 5219 Sq. Ft.	$1,331,470

Property information provided by TMLS when last listed in 2015. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

27612 homes for sale
27613 homes for sale
27614 homes for sale
27615 homes for sale
27703 homes for sale

Houses for rent in Raleigh	Agents near me	Asheville, NC homes for sale	Raleigh Housing Market
Houses for sale near me	Charlotte, NC homes for sale	Apex, NC homes for sale
Land for sale near me	Raleigh, NC homes for sale	Greensboro, NC homes for sale
Open Houses near me	Cary, NC homes for sale	Raleigh Property Records
Condos for sale near me	Durham, NC homes for sale	NC New Listings

Cary homes for sale
Chapel Hill homes for sale
Durham homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 27615, NC

Sale history for 7316 Rainwater Rd

Tax history for 7316 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 7316 Rainwater Rd

More real estate resources