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Single Family ResidenceResidential
$496,406$178 / 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 Jul 14, 2026
Last sold for $524,000 on Dec 23, 2024

2704 PRINCESS TREE DR

RALEIGH, NC 27616
3
Baths
2,787 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
2024
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$496K
$453K low$540K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$524,000 · Dec 23, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$46,406
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$37,125
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.89%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$450,000
KBHS HOME LOANS LLC · 5.62% 1 · recorded Dec 23, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,598 (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.$524,886 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$80,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$444,886
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$524,886

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.13
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
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.
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.0.21
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central

Transaction History(1)

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
Harris Creek Elementary SchoolC+
Elementary · Grades PK–5 · 1.8 mi
M
Rolesville Middle SchoolA
Middle · Grades 6–8 · 2.3 mi
H
Rolesville High SchoolC
High · Grades 9–12 · 4.1 mi

District: Wake County Schools

Neighborhood · ZIP 27616These 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.85
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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.61,672
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,721 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,896
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,558
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

2704 Princess Tree Dr 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 89% of homes in Raleigh 27616
  • Costs less per square foot than 86% of homes in Wake County
  • Bigger than 88% of homes in Raleigh 27616
  • Has a bigger lot than 72% of homes in Raleigh 27616
  • Among the newest homes in Raleigh 27616

What homes are worth in Raleigh 27616

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

This home
$204K$626K

This home is worth more than 89% of homes in Raleigh 27616.

How it measures up in Raleigh 27616

The dot is this home. The mark in the middle is the typical home in Raleigh 27616.

Estimated value$496,406
CheaperTypical $349,986Pricier

Pricier than 89% of homes nearby

Price per ft²$178
CheaperTypical $188Pricier

Pricier than 36% of homes nearby

Living area2,787 ft²
SmallerTypical 1,819 ft²Bigger

Bigger than 88% of homes nearby

Lot size0.21 ac
SmallerTypical 0.16 acBigger

Bigger than 72% of homes nearby

Year built2024
OlderTypical 2003Newer

Newer than almost all homes nearby

How 2704 Princess Tree Dr ranks against every home in each area.
MeasureThis homeRaleigh 27616Wake County
Estimated valuepricier than$496,40689% of homes53% of homes
Price per ft²pricier than$17836% of homes14% of homes
Living areabigger than2,787 ft²88% of homes74% of homes
Lot sizebigger than0.21 ac72% of homes45% of homes
Year builtnewer than2024almost all homesalmost all homes

About 2704 Princess Tree Dr

How much is 2704 Princess Tree Dr, Raleigh, NC worth?

The TopHap Estimate for 2704 Princess Tree Dr, Raleigh, NC is $496,406 as of Jul 14, 2026. The likely range is $453,140 to $539,672. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2704 Princess Tree Dr, Raleigh, NC last sell?

2704 Princess Tree Dr, Raleigh, NC last sold on Dec 23, 2024 for $524,000, according to the county's recorded deed.

How big is 2704 Princess Tree Dr, Raleigh, NC?

2704 Princess Tree Dr, Raleigh, NC has 3 bathrooms, 2,787 square feet of living space and a 0.21-acre lot.

When was 2704 Princess Tree Dr, Raleigh, NC built?

2704 Princess Tree Dr, Raleigh, NC was built in 2024, making it 2 years old. It is a conventional home. The building has 2 stories.

What schools serve 2704 Princess Tree Dr, Raleigh, NC?

2704 Princess Tree Dr, Raleigh, NC is assigned to Harris Creek Elementary School (elementary), rated C+; Rolesville Middle School (middle), rated A; Rolesville High School (high), rated C. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2704 Princess Tree Dr, Raleigh, NC compare to other homes in Raleigh 27616?

Among the 18,455 homes in Raleigh 27616, it is worth more than 89% of them ($496,406 against a typical $349,986), its price per square foot is higher than 36% of them ($178 against a typical $188), it is bigger than 88% of them (2,787 ft² against a typical 1,819 ft²), its lot is bigger than 72% of them (0.21 ac against a typical 0.16 ac) and it is newer than almost all of them (2024 against a typical 2003). Measured against all of Wake County, it is worth more than 53% 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 2704 Princess Tree Dr, Raleigh, NC?

The 2025 property tax bill for 2704 Princess Tree Dr, Raleigh, NC was $4,598. The county assessed it at $524,886.

Closest homes

More homes in Raleigh 27616

Assigned schools

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