25 days on rocket

7520 Rainwater Rd, Raleigh, NC, 27615

$1,250,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
4,161 SqFt
$300/SqFt
House

Location

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7520 Rainwater Rd, Raleigh$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Concrete, Driveway, Garage, Parking Pad, Side By Side
Attached Garage2 spaces
Year Built1990
HeatingForced Air, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
FireplaceFamily Room, Gas Log
ViewNeighborhood
MLS #10055198
Lot Size0.37 Acres
StatusActive

About 7520 Rainwater Rd

Incredible departure from the ordinary in the middle of coveted North Ridge. This home features designer touches yet provides for cozy and comfortable living. Upon entering in the foyer you will note the study with built in bookshelves and library ladder. The spacious dining room easily fits an oversized table and will surely provide memorable dinner parties and views of the vibrant blooming side yard in spring. The well appointed kitchen with center island opens to family room with new top of the line gas long fireplace. There is endless possibilities for outdoor entertaining in the screened porch with vaulted tongue in groove ceiling, opening to the deck and patio with novelty lighting and feature tree uplighting. Upstairs you will find the large primary bedroom with floating bedside cabinets, walk in closet and private luxury bath. The fourth bedroom has been modified for use as a closet and dressing room, the closet system can convey, or can easily be converted back to a sizable bedroom. The nursery is fitted with a murphy bed which can convey or be removed. With two staircases, The rear staircase leads to the fifth bonus bedroom or one of two oversized bonus spaces which is perfect for multi use. The laundry room is complete with built in ironing board, utility sink and drying racks. The finished third floor provides more living space for crafting, game room or office use. You will not lack for storage in the oversize garage that easily fits two cars, Trucks and SUVs, huge pantry and third floor walk in attic. The property is fenced on both sides and in the rear with remote control gate at the driveway for your private oasis complete with hedges, beautiful flowering plants & landscaping that includes remote control irrigation& drip lines, mature trees and up lighting. Roof (2013) HVAC (2021,2022, Furnace/ AirHandler in 2021 all with annual check & tuneups maintained) Recessed lighting(2021) Landscaping, Grading & Drainage (2022) Wi-Fi Irrigation(2022)Tankless WaterHeater(2022) Fence & Automatic Gate (2022)

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1990
  • Living Area: 4,161 SqFt

Listing Office:

  • Office Name: Allen Tate/Raleigh-Falls Neuse
  • Office Phone: (919) 866-4600
  • Listing Agent: Brian R Wolborsky

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Oven
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bathtub/Shower Combination, Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Dressing Room, Dual Closets, Entrance Foyer, Granite Counters, Kitchen Island, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
  • Fireplace: Family Room, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Neighborhood
  • Exterior: Back Fence, Metal Fence, Deck, Screened Porch, Fence, Lighting, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Concrete, Driveway, Garage, Parking Pad, Side By Side

Lot Features

Lot Information:

  • Lot: City Lot, Corner Lot, Front Yard, Garden, Gentle Sloping, Trees, Landscaped, Rectangular Lot
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Millbrook High School, Public Magnet Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • West Millbrook Middle School, Public District Grades 6-8
  • North Ridge Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North on Falls of Neuse, right on Spring Forest, left on Rainwater, left on Gresham Lake. The front of the house faces Gresham Lake Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $300/SqFt

Tax Information:

  • Annual Amount: $5,989
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$440.5K

Med. Price/SqFt

$232

Avg. Days On Market

33

# of Sold Homes

441

7520 Rainwater Rd vs Raleigh

25 DAYS ON ROCKET

-8 Days

$1,250,000

+$809.4K More

$300/SqFt

+$67 More

KEY TAKEAWAY

This property is $809.4K more than the Median Sold Price and $67/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10055198

Listing Office:

  • Office Name: Allen Tate/Raleigh-Falls Neuse
  • Office Phone: (919) 866-4600
  • Listing Agent: Brian R Wolborsky

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2021Home Sold
$685,000
Sep 17, 2018Home Sold
$593,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,989$613,499
2020$5,880$613,499
2019$5,013$480,938
2018$4,774$457,026

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-941007
4
/10

  • North Ridge Elementary School

  • 7120 Harps Mill Rd

  • 1.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-941008
4
/10

  • West Millbrook Middle School

  • 8115 Strickland Rd

  • 1.61 miles

  • Public District Grades 6-8

High School

school-card-donut-941009
6
/10

  • Millbrook High School

  • 2201 Spring Forest Rd

  • 1.46 miles

  • Public Magnet Grades 9-12

school-card-donut-941010
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 7.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,875. Most Raleigh, NC residents have annual incomes between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7520 Rainwater Rd

What is the listing price of this property?

The listing price of 7520 Rainwater Rd property is $1,250,000.

What type of property is this?

The property 7520 Rainwater Rd is a house located in Raleigh, North Carolina, 27615.

Is this property for sale now?

Active Listing: 7520 Rainwater Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7520 Rainwater Rd are:
North Ridge Elementary School: GreatSchools Rating 4/10
West Millbrook Middle School: GreatSchools Rating 4/10
Millbrook High School: GreatSchools Rating 6/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,989 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 25, 2021 for $685,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7520 Rainwater Rd has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7520 Rainwater Rd is 4,161 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7520 Rainwater Rd is 1990.

Rocket Homes›North Carolina›Wake County›Raleigh›27615›7520 Rainwater Rd

This home is located at 7520 Rainwater Rd in Raleigh, NC and zip code 27615 in the North Raleigh neighborhood. This 4,161 square foot home, which was built in 1990, sits on a 0.37 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $1,250,000.

In September 2024, from all listings sold in Raleigh, NC there were more than 91 sold above asking price, over 237 sold below and more than 113 were sold right at the asked price. The number of homes for sale in Raleigh, NC increased by 0.5% between August 2024 and September 2024. While the average time on the market in September 2024 was 33 days, the median list price was $440,568.

From Rocket Homes Real Estate and based on county public records data.

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