Google street view image for 7405 Rainwater Rd, Raleigh, NC 27615

Off Market Sep 1993 for $305K

$1,044,299

Est. refi paymentEst. refi $2,051/mo

—

•

— ba

•

3,457

sq ft

7405 Rainwater Rd, Raleigh, NC 27615

About this home

7405 Rainwater Rd is a 3,457 square foot house on a 0.43 acre lot. - it last sold on September 08, 1993 for $305,000. Based on Redfin's Raleigh data, we estimate the home's value is $1,044,299.

Single-familyProperty Type

1991Year Built

0.43 acresLot Size

$302Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$1,044,299

$739K since sold in September 1993$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.9% lower than the average sale price ($1.17M) 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 AUG 31, 2026
$915,000
B
4 beds3.5 baths3,219 sq ft
2216 Gresham Lake Rd, 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 JUN 29, 2026
$1,225,000
D
4 beds4 baths4,616 sq ft
7301 Rainwater Rd, Raleigh, NC 27615
SOLD DEC 1, 2025
$1,149,000
E
4 beds2.5 baths3,249 sq ft
7404 Rainwater Rd, Raleigh, NC 27615
SOLD NOV 20, 2025
$1,000,000
F
4 beds3.5 baths3,551 sq ft
7701 Oakmont 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

$982,271

Est. take-home

List your home with Redfin and save $10,443

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,917/mo

Redfin rental estimate

List your home for rent

Market trends in 27615, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.4%

0.8% MoM

Median sale price

$518K

$6K MoM

Avg. days on market

27d

5 days MoM

Recently sold homes

143

10 MoM

New listings for sale

OPEN TODAY, 11AM TO 1PM
$629,900
3 beds2.5 baths2,489 sq ft
2221 Brisbayne Cir, Raleigh, NC 27615
OPEN TODAY, 12PM TO 2PM
$315,000
2 beds2.5 baths1,364 sq ft
8707 Leeds Forest Ln, Raleigh, NC 27615
NEW 18 HRS AGO
$380,000
3 beds2 baths1,507 sq ft
8324 Bellingham Cir, Raleigh, NC 27615
OPEN TODAY, 12PM TO 2PM
$749,900
3 beds2.5 baths2,122 sq ft
7625 Pinewild Ct, Raleigh, NC 27615
OPEN TODAY, 2PM TO 4PM
$375,000
4 beds3 baths2,196 sq ft
207 Hillstone Dr, Raleigh, NC 27615
3D WALKTHROUGH
$1,895,000
4 beds4.5 baths4,357 sq ft
8604 Windjammer Dr, Raleigh, NC 27615
3D WALKTHROUGH
$635,000
5 beds4 baths2,870 sq ft
2102 Goudy Dr, Raleigh, NC 27615
HOT HOME
$490,000
3 beds2 baths1,847 sq ft
1200 Stone Creek Way, Raleigh, NC 27615
OPEN TODAY, 12PM TO 2PM
$439,000
3 beds2.5 baths1,800 sq ft
8521 Hawksmoor Dr, Raleigh, NC 27615
3D WALKTHROUGH
$550,000
3 beds2.5 baths2,637 sq ft
8424 Running Cedar Trl, Raleigh, NC 27615
See all

Provided by Redfin

Sale history for 7405 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,648 (+0.4%)

$432,000 + $442,724

$874,724

2024

$7,617 (+27.8%)

$432,000 + $442,724

$874,724

2023

$5,959 (+7.6%)

$432,000 + $442,724

$874,724

2022

$5,536 (+4.0%)

$148,000 + $396,820

$544,820

2021

$5,321 (+1.9%)

$148,000 + $396,820

$544,820

2020

$5,224 (−7.8%)

$148,000 + $396,820

$544,820

2019

$5,665 (+6.0%)

$148,000 + $396,820

$544,820

2018

$5,342 (+5.0%)

$148,750 + $338,332

$487,082

2017

$5,087 (+2.1%)

$148,750 + $338,332

$487,082

2016

$4,982 (−12.4%)

$148,750 + $338,332

$487,082

2015

$5,684 (+5.5%)

$148,750 + $338,332

$487,082

2014

$5,390 (+7.1%)

$208,250 + $338,804

$547,054

2013

$5,034

$208,250 + $338,804

$547,054

2012

$5,034 (+1.0%)

$208,250 + $338,804

$547,054

2011

$4,985

$208,250 + $338,804

$547,054

Tax history for 7405 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,648 (+0.4%)

$432,000 + $442,724

$874,724

2024

$7,617 (+27.8%)

$432,000 + $442,724

$874,724

2023

$5,959 (+7.6%)

$432,000 + $442,724

$874,724

2022

$5,536 (+4.0%)

$148,000 + $396,820

$544,820

2021

$5,321 (+1.9%)

$148,000 + $396,820

$544,820

2020

$5,224 (−7.8%)

$148,000 + $396,820

$544,820

2019

$5,665 (+6.0%)

$148,000 + $396,820

$544,820

2018

$5,342 (+5.0%)

$148,750 + $338,332

$487,082

2017

$5,087 (+2.1%)

$148,750 + $338,332

$487,082

2016

$4,982 (−12.4%)

$148,750 + $338,332

$487,082

2015

$5,684 (+5.5%)

$148,750 + $338,332

$487,082

2014

$5,390 (+7.1%)

$208,250 + $338,804

$547,054

2013

$5,034

$208,250 + $338,804

$547,054

2012

$5,034 (+1.0%)

$208,250 + $338,804

$547,054

2011

$4,985

$208,250 + $338,804

$547,054

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

Zoning and permits

Zoning
Permits

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

Property details

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 10

Exterior

Exterior Information
Physical Condition: Excellent
Building Style Type: Conventional
Exterior Wall: Brick
Roof Shape Type: Gable
Building Type: Single Family

Property Information
Subdivision Name: NORTH RIDGE ESTATES
Living Sq. Ft: 3,457
Building Sq. Ft: 3,457
# of Units: 1
# of Stories: 2
Stories Type: 2
Legal Description: LO122 NORTH RIDGE ESTATES BM1986-30

Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 540
Garage / Carport Type: Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 18,731
Legal Lot Number: 122
Municipality Name: RALEIGH
Acres: 0.43
Zoning Code: R-4
County Use Description: RESIDENTIAL-1 FAMILY

Utility Information
Utility Type: All

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,457
Stories: 2.0
Lot Size: 0.43 acres
Style: Single Family Residential
Year Built: 1991
Year Renovated: 1996
County: Wake County
APN: 1717.11 66 9947 000

Home facts updated by county records on Aug 10, 2026

Around this home

Schools

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 • 1.3mi

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

$993,000 – $1.20M

Reach more buyers when you sell with Redfin. Save up to $10,443 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW 18 HRS AGO

$380,000

3 beds2 baths1,507 sq ft

8324 Bellingham Cir, Raleigh, NC 27615

NEW CONSTRUCTION

$1,675,000

5 beds4.5 baths3,561 sq ft

6917 Justice Dr, Raleigh, NC 27615

$650,000

3 beds2.5 baths2,148 sq ft

818 Lake Forest Dr, Raleigh, NC 27615

OPEN SUN, 12PM TO 2PM

$1,259,000

4 beds3 baths3,096 sq ft

1404 Ivy Ln, Raleigh, NC 27609

$425,000

4 beds2 baths1,550 sq ft

5313 Cypress Ln, Raleigh, NC 27609

$613,000

3 beds2 baths1,644 sq ft

5314 Quail Meadow Dr, Raleigh, NC 27609

New listings for sale in 27615

OPEN TODAY, 11AM TO 1PM3D WALKTHROUGH

$629,900

3 beds2.5 baths2,489 sq ft

2221 Brisbayne Cir, Raleigh, NC 27615

OPEN TODAY, 12PM TO 2PM

$315,000

2 beds2.5 baths1,364 sq ft

8707 Leeds Forest Ln, Raleigh, NC 27615

NEW 18 HRS AGO

$380,000

3 beds2 baths1,507 sq ft

8324 Bellingham Cir, Raleigh, NC 27615

OPEN TODAY, 12PM TO 2PM

$749,900

3 beds2.5 baths2,122 sq ft

7625 Pinewild Ct, Raleigh, NC 27615

OPEN TODAY, 2PM TO 4PM3D WALKTHROUGH

$375,000

4 beds3 baths2,196 sq ft

207 Hillstone Dr, Raleigh, NC 27615

3D WALKTHROUGH

$1,895,000

4 beds4.5 baths4,357 sq ft

8604 Windjammer Dr, Raleigh, NC 27615

3D WALKTHROUGH

$635,000

5 beds4 baths2,870 sq ft

2102 Goudy Dr, Raleigh, NC 27615

HOT HOME

$490,000

3 beds2 baths1,847 sq ft

1200 Stone Creek Way, Raleigh, NC 27615

OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH

$439,000

3 beds2.5 baths1,800 sq ft

8521 Hawksmoor Dr, Raleigh, NC 27615

Home values near 7405 Rainwater Rd

Data from public records.

Address	Redfin Estimate
7317 Rainwater Road, Raleigh, NC - Beds \| - Baths \| 3802 Sq. Ft.	$970,419
7504 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3000 Sq. Ft.	$1,229,437

Address	Redfin Estimate
7321 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3340 Sq. Ft.	$1,053,957
7408 Rainwater Road, Raleigh, NC - Beds \| 3.5 Baths \| 3743 Sq. Ft.	$1,213,076

Address	Redfin Estimate
7409 Rainwater Road, Raleigh, NC 4 Beds \| 3.5 Baths \| 4396 Sq. Ft.	$1,194,703
7404 Rainwater Road, Raleigh, NC 4 Beds \| 2.5 Baths \| 3249 Sq. Ft.	$1,265,472

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.

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.

27587 homes for sale
27612 homes for sale
27613 homes for sale
27614 homes for sale
27615 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

About this home

Redfin Estimate

Earn from this home

Market trends in 27615, NC

Sale history for 7405 Rainwater Rd

Tax history for 7405 Rainwater Rd

Zoning and permits

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 7405 Rainwater Rd

More real estate resources