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7512 Rainwater Rd

Raleigh, NC 27615

4 bd 4 ba 3,811 sqft Built 1991 Lot 19,166 sqft single_family
Most recent sale
$1,050,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $1,050,000 MLS #2443840
Jun 24, 2022 Sold $1,050,000 Public Record
Apr 27, 2022 Listed $899,900 MLS #2443840
May 19, 2017 Listing removed $610,000 DoorifyMLS
May 18, 2017 Sold $595,000 Public Record
Mar 6, 2017 Listed $610,000 MLS #2114252
Jun 1, 1990 Sold $73,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $552,294 $432,000 $984,294 $8,604
2024 $552,294 $432,000 $984,294 $8,568
2023 $469,413 $148,000 $617,413 $6,749
2022 $469,413 $148,000 $617,413 $6,271
2021 $469,413 $148,000 $617,413 $6,027
2020 $469,413 $148,000 $617,413 $5,918
2019 $406,917 $148,750 $555,667 $6,460
2018 $406,917 $148,750 $555,667 $6,091
2017 $406,917 $148,750 $555,667 $5,801
2016 $406,917 $148,750 $555,667 $5,681
2015 $389,297 $208,250 $597,547 $6,208
2014 $389,297 $208,250 $597,547 $5,887
2013 $389,297 $208,250 $597,547 $5,497
2012 $389,297 $208,250 $597,547 $5,497
2011 $389,297 $208,250 $597,547 $5,443
2010 $389,297 $208,250 $597,547 $5,443
2009 $389,297 $208,250 $597,547 $5,443
2007 $389,297 $208,250 $597,547 $4,826

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,811 sqft
Lot size
19,166 sqft
ZIP code
27615
City
Raleigh
Street
Rainwater Rd
Coordinates
35.88603, -78.60422

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,145
Gross rental yield
5.88%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 7512 Rainwater Rd last sell?
7512 Rainwater Rd most recently sold on Jun 27, 2022 for $1,050,000.
What is the current tax assessment for 7512 Rainwater Rd?
The most recent total assessment for 7512 Rainwater Rd (year 2025) is $984,294 with $8,604 in property tax.
How does 7512 Rainwater Rd's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $1,050,000.
When was 7512 Rainwater Rd built?
7512 Rainwater Rd was built in 1991.
How does 7512 Rainwater Rd compare to others on Rainwater Rd?
We track 7 other properties on Rainwater Rd. Browse the list under "Other properties on Rainwater Rd" to compare beds, baths, and sale history.
What are the property facts for 7512 Rainwater Rd?
7512 Rainwater Rd is a 4 bed, 4 bath, 3,811 sqft, 19,166 sqft lot single_family.
Is 7512 Rainwater Rd a flip candidate?
No — 7512 Rainwater Rd does not appear in our flips dataset.
Is 7512 Rainwater Rd a tax-appeal candidate?
No — 7512 Rainwater Rd 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
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$1.04M
2026 Q4
$1.07M
ZIP 27615 — Median Price History + Forecast

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