NOT LISTED FOR SALE

7025 Rainwater Rd Raleigh, NC 27615

North Ridge Neighborhood

Estimated Value: $1,623,000 - $3,181,479

5 Beds
5 Baths
4,740 Sq Ft
$551/Sq Ft Est. Value

About This Home

This home is located at 7025 Rainwater Rd, Raleigh, NC 27615 and is currently estimated at $2,610,870, approximately $550 per square foot. 7025 Rainwater Rd is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2006
Sold by
Mountcastle Betty W
Bought by
Mountcastle Vernon B
Current Estimated Value
$2,610,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mountcastle Vernon B $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountcastle Vernon B $759,500
Closed Mountcastle Vernon B $50,000
Closed Mountcastle Vernon B $400,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,862 $2,389,870 $915,750 $1,474,120
2024 $20,776 $2,389,870 $915,750 $1,474,120
2023 $16,097 $1,474,958 $367,200 $1,107,758
2022 $14,954 $1,474,958 $367,200 $1,107,758
2021 $14,371 $1,474,958 $367,200 $1,107,758
2020 $14,109 $1,474,958 $367,200 $1,107,758
2019 $17,415 $1,500,949 $465,750 $1,035,199
2018 $16,419 $1,500,949 $465,750 $1,035,199
2017 $15,634 $1,500,949 $465,750 $1,035,199
2016 $15,312 $1,500,949 $465,750 $1,035,199
2015 $18,987 $1,831,677 $537,600 $1,294,077
2014 $18,003 $1,831,677 $537,600 $1,294,077
Source: Public Records

Map

North Carolina Wake County Raleigh 27615 North Ridge

7025 Rainwater Rd, Raleigh, NC

This home is located at 7025 Rainwater Rd, Raleigh, NC 27615 and is currently estimated at $2,610,870, approximately $550 per square foot. 7025 Rainwater Rd is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

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