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CondominiumResidential
$219,636
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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $6,500 on Jul 27, 2023

2040 RIVERGATE RD # 1

RALEIGH, NC 27614
Building report
0
Baths
436 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$220K
$193K low$246K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$6,500 · Jul 27, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$84 (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.$9,610 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$9,610
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$9,610
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$9,610

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.46
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
87
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
85
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyWake
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

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.

M
Wakefield Middle SchoolA-
Middle · Grades 6–8 · 1.5 mi
E
Abbotts Creek Elementary SchoolA+
Elementary · Grades PK–5 · 1.5 mi
H
Wakefield High SchoolB+
High · Grades 9–12 · 1.6 mi

District: Wake County Public 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%

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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

2040 Rivergate Rd # 1 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.

  • Among the least valuable homes in Raleigh 27614
  • Among the smallest lots in Wake County

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
$247K$2.4M

This home is worth less than almost all 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$219,636
CheaperTypical $685,291Pricier

Cheaper than almost all homes nearby

Lot size436 ft²
SmallerTypical 0.31 acBigger

Bigger than 2% of homes nearby

How 2040 Rivergate Rd # 1 ranks against every home in each area.
MeasureThis homeNorth RaleighRaleigh 27614Wake County
Estimated valuepricier than$219,6364% of homesalmost no homes3% of homes
Lot sizebigger than436 ft²2% of homes2% of homesalmost no homes

About 2040 Rivergate Rd # 1

How much is 2040 Rivergate Rd # 1, Raleigh, NC worth?

The TopHap Estimate for 2040 Rivergate Rd # 1, Raleigh, NC is $219,636 as of Sep 24, 2026. The likely range is $193,147 to $246,125. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2040 Rivergate Rd # 1, Raleigh, NC last sell?

2040 Rivergate Rd # 1, Raleigh, NC last sold on Jul 27, 2023 for $6,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

What schools serve 2040 Rivergate Rd # 1, Raleigh, NC?

2040 Rivergate Rd # 1, Raleigh, NC is assigned to Wakefield Middle School (middle), rated A-; Abbotts Creek Elementary School (elementary), rated A+; Wakefield High School (high), rated B+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2040 Rivergate Rd # 1, Raleigh, NC compare to other homes in Raleigh 27614?

Among the 11,510 homes in Raleigh 27614, it is worth more than almost none of them ($219,636 against a typical $685,291) and its lot is bigger than 2% of them (436 ft² against a typical 0.31 ac). Measured against all of Wake County, it is worth more than 3% 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 2040 Rivergate Rd # 1, Raleigh, NC?

The 2025 property tax bill for 2040 Rivergate Rd # 1, Raleigh, NC was $84. The county assessed it at $9,610.

More homes on Rivergate Rd # 1

Closest homes

More homes in Raleigh 27614

Assigned schools

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See this home in context

Open 2040 Rivergate Rd # 1 on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

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