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Single Family ResidenceResidential
$2,266,656$952 / 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 97How 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 $2,260,000 on Jun 22, 2026

405 COTTONWOOD CIR

RALEIGH, NC 27609
3
Baths
2,380 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.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$2.3M
$2.2M low$2.3M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$2,260,000 · Jun 22, 2026
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.$571,656
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$457,325
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.75%
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.$1,695,000
NORTH STATE BANK · 6.37% 2 · recorded Jun 22, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,649 (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.$530,824 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$470,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$60,824
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$530,824

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.11
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.
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.Split Foyer
CountyWAKE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1986
Lot (acres)The size of the land the home sits on, from county records.0.32
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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.Deck · 240 ft²Patio · 240 ft²Porch · 162 ft²

Transaction History(3)

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
Green Magnet Elementary SchoolB-
Elementary · Grades PK–5 · 0.4 mi
M
Carroll Magnet Middle SchoolC+
Middle · Grades 6–8 · 0.4 mi
H
Sanderson High SchoolB-
High · Grades 9–12 · 0.9 mi

District: Wake County Schools

Neighborhood · ZIP 27609These 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.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
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.39,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,515 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,548
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,912
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

405 Cottonwood Cir 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 most valuable homes in Wake County
  • Among the highest price per square foot in Wake County
  • Bigger than 67% of homes in Raleigh 27609
  • Older than 91% of homes in Wake County

What homes are worth in Raleigh 27609

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

This home
$169K$3.2M

This home is worth more than 95% of homes in Raleigh 27609.

How it measures up in Raleigh 27609

The dot is this home. The mark in the middle is the typical home in Raleigh 27609.

Estimated value$2,266,656
CheaperTypical $603,670Pricier

Pricier than 95% of homes nearby

Price per ft²$952
CheaperTypical $302Pricier

Pricier than almost all homes nearby

Living area2,380 ft²
SmallerTypical 1,980 ft²Bigger

Bigger than 67% of homes nearby

Lot size0.32 ac
SmallerTypical 0.31 acBigger

Bigger than 52% of homes nearby

Year built1966
OlderTypical 1972Newer

Newer than 28% of homes nearby

How 405 Cottonwood Cir ranks against every home in each area.
MeasureThis homeMidtown RaleighRaleigh 27609Wake County
Estimated valuepricier than$2,266,65694% of homes95% of homesalmost all homes
Price per ft²pricier than$952almost all homesalmost all homesalmost all homes
Living areabigger than2,380 ft²53% of homes67% of homes60% of homes
Lot sizebigger than0.32 ac38% of homes52% of homes64% of homes
Year builtnewer than196638% of homes28% of homes9% of homes

About 405 Cottonwood Cir

How much is 405 Cottonwood Cir, Raleigh, NC worth?

The TopHap Estimate for 405 Cottonwood Cir, Raleigh, NC is $2,266,656 as of Jul 14, 2026. The likely range is $2,195,247 to $2,338,065. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 405 Cottonwood Cir, Raleigh, NC last sell?

405 Cottonwood Cir, Raleigh, NC last sold on Jun 22, 2026 for $2,260,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 405 Cottonwood Cir, Raleigh, NC?

405 Cottonwood Cir, Raleigh, NC has 3 bathrooms, 2,380 square feet of living space and a 0.32-acre lot.

When was 405 Cottonwood Cir, Raleigh, NC built?

405 Cottonwood Cir, Raleigh, NC was built in 1966, making it 60 years old. It is a split foyer home. The building has 1 story.

What schools serve 405 Cottonwood Cir, Raleigh, NC?

405 Cottonwood Cir, Raleigh, NC is assigned to Green Magnet Elementary School (elementary), rated B-; Carroll Magnet Middle School (middle), rated C+; Sanderson High School (high), rated B-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 405 Cottonwood Cir, Raleigh, NC compare to other homes in Raleigh 27609?

Among the 10,081 homes in Raleigh 27609, it is worth more than 95% of them ($2,266,656 against a typical $603,670), its price per square foot is higher than almost all of them ($952 against a typical $302), it is bigger than 67% of them (2,380 ft² against a typical 1,980 ft²), its lot is bigger than 52% of them (0.32 ac against a typical 0.31 ac) and it is newer than 28% of them (1966 against a typical 1972). Measured against all of Wake County, it is worth more than almost all 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 405 Cottonwood Cir, Raleigh, NC?

The 2025 property tax bill for 405 Cottonwood Cir, Raleigh, NC was $4,649. The county assessed it at $530,824.

Closest homes

More homes in Raleigh 27609

Assigned schools

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