Google street view image for 7516 Rainwater Rd, Raleigh, NC 27615

Off market oct 2001 for $418K

$1,050,571

Est. refi paymentEst. refi $2,499/mo

•

3,334

sq ft

7516 Rainwater Rd, Raleigh, NC 27615

About this home

PRESTIGIOUS NORTH RIDGE * EXECUTIVE HOME, GORGEOUS HARDWD FLOORS, MARBLE FOYER * A PLETHORA OF WINDOWS ACROSS BACK VIEW WOODED PRIVACY ON . 37AC * BRITE, WHITE KIT; GAS COOKTOP * VAULTED B'FAST OPENS TO FAM. RM & DECK * FP; GAS LOGS * SEC. & IRRIG. SYSTEMS * CERAMIC BATHS * PAMPERING MASTER SUITE; WC; WHIRLPOOL * SPACIOUS WALK-UP ATTIC * ONE OWNER, WELL KEPT; EXT. PAINT'99 * 3SIDES BRICK * 2MI. TO 540 INTERCHANGE!

Single-familyProperty Type

1992Year Built

0.37 acresLot Size

$315Est. Price/Sq.Ft.

1 car garageParking

Listed by Dru McClelland • Coldwell Banker Advantage

Bought with Sharron Wilson • Hodge & Kittrell Sotheby's Int

Redfin checked: 3 minutes ago

•Source:TMLS #611401

Redfin Estimate

$1,050,571

$633K since sold in October 2001$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.4% higher than the average sale price ($818K) of 6 comparable homes.

SOLD DEC 1, 2025
$1,149,000
A
4 beds2.5 baths3,249 sq ft
7404 Rainwater Rd, Raleigh, NC 27615
SOLD JAN 5, 2026
$1,130,000
B
4 beds2.5 baths3,000 sq ft
7504 Rainwater Rd, Raleigh, NC 27615
SOLD JUL 7, 2026
$650,000
C
4 beds2.5 baths2,967 sq ft
2612 Iman Dr, Raleigh, NC 27615
SOLD OCT 14, 2026
$630,000
D
4 beds2.5 baths2,595 sq ft
7405 Dorrington Trl, Raleigh, NC 27615
SOLD JUN 24, 2026
$700,000
E
4 beds2.5 baths2,443 sq ft
8221 Harps Mill Rd, Raleigh, NC 27615
SOLD MAY 28, 2026
$650,000
F
4 beds2.5 baths2,988 sq ft
2709 Iman Dr, Raleigh, NC 27615

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Earn from this home

Sell

$902,183

Est. take-home

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Refinance

Est. cash available

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Rent

$3,615/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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$180,800
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3D WALKTHROUGH
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10012 Almond Ct, Raleigh, NC 27615
3D WALKTHROUGH
$725,000
4 beds3 baths2,738 sq ft
805 Berwyn Way, Raleigh, NC 27615
$525,000
5 beds3.5 baths2,670 sq ft
2516 Deanwood Dr, Raleigh, NC 27615
3D WALKTHROUGH
$335,000
2 beds2 baths1,330 sq ft
105 Renwick Ct, Raleigh, NC 27615
$374,900
3 beds2 baths1,914 sq ft
3047 Coxindale Dr, 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
$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 7516 Rainwater Rd

Date

Event

Price

TMLS #611401

Oct 19, 2001

Sold

$418,000

$125/sq ft

Sep 17, 2001

Listed

$424,500

$127/sq ft

Public Records

Dec 2, 1992

Sold

$307,000

$92/sq ft

Public Records

Aug 22, 1991

Sold

$65,000

$19/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,705 (+0.4%)

$432,000 + $449,211

$881,211

2024

$7,673 (+33.9%)

$432,000 + $449,211

$881,211

2023

$5,729 (+7.6%)

$432,000 + $449,211

$881,211

2022

$5,323 (+4.0%)

$148,000 + $375,733

$523,733

2021

$5,116 (+1.9%)

$148,000 + $375,733

$523,733

2020

$5,023 (−12.5%)

$148,000 + $375,733

$523,733

2019

$5,742 (+6.0%)

$148,000 + $375,733

$523,733

2018

$5,415 (+5.0%)

$148,750 + $345,019

$493,769

2017

$5,157 (+2.1%)

$148,750 + $345,019

$493,769

2016

$5,050 (−10.9%)

$148,750 + $345,019

$493,769

2015

$5,668 (+5.5%)

$148,750 + $345,019

$493,769

2014

$5,375 (+7.1%)

$208,250 + $337,255

$545,505

2013

$5,020

$208,250 + $337,255

$545,505

2012

$5,020 (+1.0%)

$208,250 + $337,255

$545,505

2011

$4,970

$208,250 + $337,255

$545,505

Tax history for 7516 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,705 (+0.4%)

$432,000 + $449,211

$881,211

2024

$7,673 (+33.9%)

$432,000 + $449,211

$881,211

2023

$5,729 (+7.6%)

$432,000 + $449,211

$881,211

2022

$5,323 (+4.0%)

$148,000 + $375,733

$523,733

2021

$5,116 (+1.9%)

$148,000 + $375,733

$523,733

2020

$5,023 (−12.5%)

$148,000 + $375,733

$523,733

2019

$5,742 (+6.0%)

$148,000 + $375,733

$523,733

2018

$5,415 (+5.0%)

$148,750 + $345,019

$493,769

2017

$5,157 (+2.1%)

$148,750 + $345,019

$493,769

2016

$5,050 (−10.9%)

$148,750 + $345,019

$493,769

2015

$5,668 (+5.5%)

$148,750 + $345,019

$493,769

2014

$5,375 (+7.1%)

$208,250 + $337,255

$545,505

2013

$5,020

$208,250 + $337,255

$545,505

2012

$5,020 (+1.0%)

$208,250 + $337,255

$545,505

2011

$4,970

$208,250 + $337,255

$545,505

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

2000

Sq. Ft.

3,360

Year built

1992

Style

Single Family Residential

County

Wake County

APN

1717.07 77 2726 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

Property details

Parking

Parking Information
Garage: Yes
Parking Features: Concrete, Driveway, Garage, Garage Door Opener

Interior

Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
Window Features: Insulated Windows
Laundry Features: Electric Dryer Hookup, Upper Level
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry, Separate Shower, Storage, Walk-In Closet(s), Whirlpool Tub
Fireplace: Yes
Fireplace Features: Fireplace Screen, Gas Log
Flooring: Carpet, Ceramic Tile, Hardwood, Marble

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Brick
Building Area Total: 3334.0
Builder Name: DAVID PAYNE

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

Property information
Above Grade Finished Area: 3334.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other

Lot Information
Lot Size Acres: 0.37
Lot Size Area: 0.37
Lot Size Dimensions: 0
Lot Size Square Feet: 16117.2
Lot Size Units: Acres
Zoning: R-4

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: Attic Fan, 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: 440 TO NORTH ON WAKE FOREST RD/FALLS OF NEUSE, R.ON HUNTING RIDGE, LEFT ON RAINWATER ROAD
Latitude: 35.886356
Longitude: -78.604195
Postal Code: 27615

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 3,360
Stories: 2.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: 2000
County: Wake County
APN: 1717.07 77 2726 000

Home facts updated by county records on Oct 31, 2026

Other

hidden custom fields
Electric Dryer Hookup, Upper Level

Around this home

Schools

K - 12
Preschool & daycare

North Ridge Elementary

Public PreK-5 • Assigned • 1.1mi

7/10

West Millbrook Middle

Public 6-8 • Assigned • 1.7mi

8/10

Millbrook High

Public 9-12 • Assigned • 1.4mi

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

$999,000 – $1.21M

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Home values near 7516 Rainwater Rd

Data from public records.

Address	Redfin Estimate
7601 Rainwater Rd, Raleigh, NC - Beds \| - Baths \| 3574 Sq. Ft.	$926,570
7509 Rainwater Rd, Raleigh, NC 5 Beds \| 4 Baths \| 4005 Sq. Ft.	$1,218,298
7512 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3811 Sq. Ft.	$1,198,639
7517 Rainwater Rd, Raleigh, NC - Beds \| - Baths \| 3870 Sq. Ft.	$996,573
2103 Gresham Lake Rd, Raleigh, NC - Beds \| 2 Baths \| 1979 Sq. Ft.	$908,879
2101 Gresham Lake Rd, Raleigh, NC 5 Beds \| 4.5 Baths \| 5399 Sq. Ft.	$2,773,543
2108 Gresham Lake Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 3377 Sq. Ft.	$991,910

Address	Redfin Estimate
7525 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3632 Sq. Ft.	$1,042,149
7504 Rainwater Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 3000 Sq. Ft.	$1,225,437
7604 Rainwater Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 3314 Sq. Ft.	$886,523
7521 Rainwater Rd, Raleigh, NC - Beds \| 2.5 Baths \| 3171 Sq. Ft.	$927,454
2021 Gresham Lake Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3225 Sq. Ft.	$1,143,227
1809 Bay Meadow Ct, Raleigh, NC 4 Beds \| 3.5 Baths \| 3817 Sq. Ft.	$1,263,649
1900 Torrey Pines Pl, Raleigh, NC 4 Beds \| 3.5 Baths \| 3476 Sq. Ft.	$1,125,150

Address	Redfin Estimate
7600 Rainwater Rd, Raleigh, NC 5 Beds \| 4 Baths \| 5781 Sq. Ft.	$1,322,290
7520 Rainwater Rd, Raleigh, NC 5 Beds \| 3.5 Baths \| 4161 Sq. Ft.	$1,246,024
7513 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 4080 Sq. Ft.	$1,141,825
7505 Rainwater Rd, Raleigh, NC 5 Beds \| 3.5 Baths \| 3604 Sq. Ft.	$1,449,415
1805 Dunes Ct, Raleigh, NC 4 Beds \| 3.5 Baths \| 3853 Sq. Ft.	$1,289,681
1909 Torrey Pines Pl, Raleigh, NC 5 Beds \| 4.5 Baths \| 4643 Sq. Ft.	$1,596,501
2112 Gresham Lake Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2493 Sq. Ft.	$973,370

Property information provided by TMLS when last listed in 2001. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27615, NC

Sale history for 7516 Rainwater Rd

Tax history for 7516 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 7516 Rainwater Rd

More real estate resources