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7224 Berkshire Downs Dr

Raleigh, NC 27616

3 bd 2 ba 1,538 sqft Built 1981 Lot 39,204 sqft single_family
Most recent sale
$390,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $390,000 Public Record
Apr 29, 2022 Listed $334,900 MLS #2445511
Nov 16, 2021 Sold $170,000 Public Record
Nov 19, 2001 Sold $102,000 Public Record
Aug 14, 1997 Sold $83,500 Public Record
Jul 30, 1990 Sold $62,000 Public Record
Apr 15, 1985 Sold $62,000 Public Record
Aug 29, 1983 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $186,281 $148,500 $334,781 $2,161
2024 $186,281 $150,000 $336,281 $2,098
2023 $130,266 $64,000 $194,266 $1,510
2022 $108,778 $64,000 $172,778 $1,267
2021 $108,778 $64,000 $172,778 $1,234
2020 $108,778 $64,000 $172,778 $1,214
2019 $87,967 $50,000 $137,967 $1,147
2018 $87,967 $50,000 $137,967 $1,055
2017 $87,967 $50,000 $137,967 $1,001
2016 $87,967 $50,000 $137,967 $981
2015 $87,351 $50,000 $137,351 $974
2014 $87,351 $50,000 $137,351 $924
2013 $87,351 $50,000 $137,351 $863
2012 $87,351 $50,000 $137,351 $863
2011 $87,351 $50,000 $137,351 $863
2010 $87,351 $50,000 $137,351 $863
2009 $87,351 $50,000 $137,351 $863
2007 $87,351 $50,000 $137,351 $766

Property facts

Year built
1981
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,538 sqft
Lot size
39,204 sqft
ZIP code
27616
City
Raleigh
Street
Berkshire Downs Dr
Coordinates
35.88033, -78.55532

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,076
Gross rental yield
6.39%
Implied cap rate
4.15%
Trend-extrapolated value

Frequently asked questions

When did 7224 Berkshire Downs Dr last sell?
7224 Berkshire Downs Dr most recently sold on Jun 1, 2022 for $390,000.
What is the current tax assessment for 7224 Berkshire Downs Dr?
The most recent total assessment for 7224 Berkshire Downs Dr (year 2025) is $334,781 with $2,161 in property tax.
How does 7224 Berkshire Downs Dr's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $390,000.
When was 7224 Berkshire Downs Dr built?
7224 Berkshire Downs Dr was built in 1981.
How does 7224 Berkshire Downs Dr compare to others on Berkshire Downs Dr?
We track 8 other properties on Berkshire Downs Dr. Browse the list under "Other properties on Berkshire Downs Dr" to compare beds, baths, and sale history.
What are the property facts for 7224 Berkshire Downs Dr?
7224 Berkshire Downs Dr is a 3 bed, 2 bath, 1,538 sqft, 39,204 sqft lot single_family.
Is 7224 Berkshire Downs Dr a flip candidate?
Yes — 7224 Berkshire Downs Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7224 Berkshire Downs Dr a tax-appeal candidate?
No — 7224 Berkshire Downs Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$377.4K
2026 Q4
$371.2K
ZIP 27616 — Median Price History + Forecast

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