Google street view image for 7521 Rainwater Rd, Raleigh, NC 27615

Off market dec 1992 for $345K

$927,454

Est. refi paymentEst. refi $2,251/mo

—

•

2.5 ba

•

3,171

sq ft

7521 Rainwater Rd, Raleigh, NC 27615

About this home

7521 Rainwater Rd is a 3,171 square foot house on a 0.43 acre lot with 2.5 bathrooms. - it last sold on December 01, 1992 for $345,000. Based on Redfin's Raleigh data, we estimate the home's value is $927,454.

Single-familyProperty Type

1988Year Built

0.43 acresLot Size

$292Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$927,454

$582K since sold in December 1992$6,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.9% lower than the average sale price ($997K) of 6 comparable homes.

SOLD JUN 24, 2026
$700,000
A
4 beds2.5 baths2,443 sq ft
8221 Harps Mill Rd, Raleigh, NC 27615
SOLD JUN 15, 2026
$940,000
B
3 beds2.5 baths2,477 sq ft
7721 Rainwater Rd, Raleigh, NC 27615
SOLD JAN 5, 2026
$1,130,000
C
4 beds2.5 baths3,000 sq ft
7504 Rainwater Rd, Raleigh, NC 27615
SOLD DEC 1, 2025
$1,149,000
D
4 beds2.5 baths3,249 sq ft
7404 Rainwater Rd, 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 MAY 18, 2026
$635,000
F
4 beds2.5 baths2,506 sq ft
2124 Osprey Cir, Raleigh, NC 27615

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Earn from this home

Sell

$872,133

Est. take-home

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Est. cash available

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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

NEW 13 HRS AGO
$180,800
2 beds1.5 baths1,002 sq ft
7008 Longstreet Dr, Raleigh, NC 27615
3D WALKTHROUGH
$696,000
4 beds2.5 baths2,888 sq ft
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 7521 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,260 (+0.4%)

$432,000 + $398,144

$830,144

2024

$7,230 (+26.3%)

$432,000 + $398,144

$830,144

2023

$5,723 (+7.6%)

$432,000 + $398,144

$830,144

2022

$5,317 (+4.0%)

$148,000 + $375,186

$523,186

2021

$5,111 (+1.9%)

$148,000 + $375,186

$523,186

2020

$5,017 (−8.5%)

$148,000 + $375,186

$523,186

2019

$5,484 (+6.0%)

$148,000 + $375,186

$523,186

2018

$5,171 (+5.0%)

$148,750 + $322,704

$471,454

2017

$4,925 (+2.1%)

$148,750 + $322,704

$471,454

2016

$4,823 (−12.8%)

$148,750 + $322,704

$471,454

2015

$5,529 (+5.5%)

$148,750 + $322,704

$471,454

2014

$5,243 (+7.1%)

$208,250 + $323,778

$532,028

2013

$4,897

$208,250 + $323,778

$532,028

2012

$4,897 (+1.0%)

$208,250 + $323,778

$532,028

2011

$4,848

$208,250 + $323,778

$532,028

Tax history for 7521 Rainwater Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,260 (+0.4%)

$432,000 + $398,144

$830,144

2024

$7,230 (+26.3%)

$432,000 + $398,144

$830,144

2023

$5,723 (+7.6%)

$432,000 + $398,144

$830,144

2022

$5,317 (+4.0%)

$148,000 + $375,186

$523,186

2021

$5,111 (+1.9%)

$148,000 + $375,186

$523,186

2020

$5,017 (−8.5%)

$148,000 + $375,186

$523,186

2019

$5,484 (+6.0%)

$148,000 + $375,186

$523,186

2018

$5,171 (+5.0%)

$148,750 + $322,704

$471,454

2017

$4,925 (+2.1%)

$148,750 + $322,704

$471,454

2016

$4,823 (−12.8%)

$148,750 + $322,704

$471,454

2015

$5,529 (+5.5%)

$148,750 + $322,704

$471,454

2014

$5,243 (+7.1%)

$208,250 + $323,778

$532,028

2013

$4,897

$208,250 + $323,778

$532,028

2012

$4,897 (+1.0%)

$208,250 + $323,778

$532,028

2011

$4,848

$208,250 + $323,778

$532,028

*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

Dec 18, 2024 • Final

Residential change out hvac

Remove the existing heat pump from the upstairs area and replace it with a new heat pump of the same size. No gas work or trenching is included.

HVAC

Oct 16, 2024 • Final

Residential change out hvac

Remove the existing water-source heat pump and replace it with a new mini-split heat pump system. No gas work or trenching is involved.

Heat pump

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

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1

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: 9

Exterior

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

Property Information
Subdivision Name: NORTH RIDGE ESTATES
Living Sq. Ft: 3,171
Building Sq. Ft: 3,171
# of Units: 1
# of Stories: 2
Stories Type: 2
Legal Description: LO132 NORTH RIDGE ESTATES BM1986-00030

Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 594
Garage / Carport Type: Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 18,731
Legal Lot Number: 132
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: 2.5
Sq. Ft.: 3,171
Stories: 2.0
Lot Size: 0.43 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1993
County: Wake County
APN: 1717.07 77 0922 000

Home facts updated by county records on Oct 31, 2026

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 • 1.5mi

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

58% 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

$882,000 – $1.07M

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Home values near 7521 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
7604 Rainwater Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 3314 Sq. Ft.	$886,523
7505 Rainwater Rd, Raleigh, NC 5 Beds \| 3.5 Baths \| 3604 Sq. Ft.	$1,449,415
1812 Sarazen Pl, Raleigh, NC - Beds \| 3.5 Baths \| 4606 Sq. Ft.	$1,331,509
1800 Bay Meadow Ct, Raleigh, NC 5 Beds \| 4 Baths \| 4620 Sq. Ft.	$1,639,921

Address	Redfin Estimate
7525 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3632 Sq. Ft.	$1,042,149
7609 Rainwater Rd, Raleigh, NC - Beds \| 3 Baths \| 3507 Sq. Ft.	$1,002,446
7605 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3700 Sq. Ft.	$1,102,045
7513 Rainwater Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 4080 Sq. Ft.	$1,141,825
2021 Gresham Lake Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 3225 Sq. Ft.	$1,143,227
1813 Sarazen Pl, Raleigh, NC 5 Beds \| 4.5 Baths \| 5024 Sq. Ft.	$1,489,375
1805 Bay Meadow Ct, Raleigh, NC 4 Beds \| 3.5 Baths \| 4191 Sq. Ft.	$1,178,926

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
7516 Rainwater Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 3334 Sq. Ft.	$1,050,571
7517 Rainwater Rd, Raleigh, NC - Beds \| - Baths \| 3870 Sq. Ft.	$996,573
1804 Sarazen Pl, Raleigh, NC - Beds \| 2.5 Baths \| 3136 Sq. Ft.	$1,043,099
7516 Wingfoot Dr, Raleigh, NC 4 Beds \| 4 Baths \| 4105 Sq. Ft.	$1,729,596
1808 Sarazen Pl, Raleigh, NC 4 Beds \| 4.5 Baths \| 4061 Sq. Ft.	$1,306,988

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About this home

Redfin Estimate

Earn from this home

Market trends in 27615, NC

Sale history for 7521 Rainwater Rd

Tax history for 7521 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 7521 Rainwater Rd

More real estate resources