Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$697,800$254 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $417,500 on Jun 27, 2016

1702 RAINBOW HILL WAY

RALEIGH, NC 27614
3
Baths
2,748 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$698K
$634K low$762K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$417,500 · Jun 27, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,295 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$604,852 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$110,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$494,852
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$604,852
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$604,852

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.24
64
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.30 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWake
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 120 ft²Porch · 235 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Abbotts Creek Elementary SchoolA
Elementary · Grades PK–5 · 1.4 mi
M
Wakefield Middle SchoolA
Middle · Grades 6–8 · 1.6 mi
H
Wakefield High SchoolA-
High · Grades 9–12 · 1.7 mi

District: Wake County Schools

Neighborhood · ZIP 27614These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.52
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.36,479
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,258 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$136,965
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$166,538
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1702 Rainbow Hill Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 81% of homes in North Raleigh
  • Costs more per square foot than 67% of homes in Wake County
  • Bigger than 78% of homes in North Raleigh
  • Has a smaller lot than 79% of homes in Raleigh 27614
  • Newer than 91% of homes in North Raleigh

What homes are worth in Raleigh 27614

Each bar is how many homes fall in that price range. The marker is this home.

This home
$251K$2.4M

This home is worth more than 51% of homes in Raleigh 27614.

How it measures up in Raleigh 27614

The dot is this home. The mark in the middle is the typical home in Raleigh 27614.

Estimated value$697,800
CheaperTypical $689,635Pricier

Pricier than 51% of homes nearby

Price per ft²$254
CheaperTypical $236Pricier

Pricier than 63% of homes nearby

Living area2,748 ft²
SmallerTypical 2,898 ft²Bigger

Bigger than 46% of homes nearby

Lot size0.12 ac
SmallerTypical 0.31 acBigger

Bigger than 21% of homes nearby

Year built2006
OlderTypical 2002Newer

Newer than 84% of homes nearby

How 1702 Rainbow Hill Way ranks against every home in each area.
MeasureThis homeNorth RaleighRaleigh 27614Wake County
Estimated valuepricier than$697,80081% of homes51% of homes77% of homes
Price per ft²pricier than$25464% of homes63% of homes67% of homes
Living areabigger than2,748 ft²78% of homes46% of homes72% of homes
Lot sizebigger than0.12 ac29% of homes21% of homes21% of homes
Year builtnewer than200691% of homes84% of homes64% of homes

About 1702 Rainbow Hill Way

How much is 1702 Rainbow Hill Way, Raleigh, NC worth?

The TopHap Estimate for 1702 Rainbow Hill Way, Raleigh, NC is $697,800 as of Aug 30, 2026. The likely range is $633,752 to $761,848. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1702 Rainbow Hill Way, Raleigh, NC last sell?

1702 Rainbow Hill Way, Raleigh, NC last sold on Jun 27, 2016 for $417,500, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 1702 Rainbow Hill Way, Raleigh, NC?

1702 Rainbow Hill Way, Raleigh, NC has 3 bathrooms, 2,748 square feet of living space and a 0.12-acre lot.

When was 1702 Rainbow Hill Way, Raleigh, NC built?

1702 Rainbow Hill Way, Raleigh, NC was built in 2006, making it 20 years old. It is a conventional home. The building has 2 stories.

What schools serve 1702 Rainbow Hill Way, Raleigh, NC?

1702 Rainbow Hill Way, Raleigh, NC is assigned to Abbotts Creek Elementary School (elementary), rated A; Wakefield Middle School (middle), rated A; Wakefield High School (high), rated A-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1702 Rainbow Hill Way, Raleigh, NC compare to other homes in Raleigh 27614?

Among the 11,504 homes in Raleigh 27614, it is worth more than 51% of them ($697,800 against a typical $689,635), its price per square foot is higher than 63% of them ($254 against a typical $236), it is bigger than 46% of them (2,748 ft² against a typical 2,898 ft²), its lot is bigger than 21% of them (0.12 ac against a typical 0.31 ac) and it is newer than 84% of them (2006 against a typical 2002). Measured against all of Wake County, it is worth more than 77% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1702 Rainbow Hill Way, Raleigh, NC?

The 2025 property tax bill for 1702 Rainbow Hill Way, Raleigh, NC was $5,295. The county assessed it at $604,852.

More homes on Rainbow Hill Way

Closest homes

More homes in Raleigh 27614

Assigned schools

Explore the area

See this home in context

Open 1702 Rainbow Hill Way on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map