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Single Family ResidenceResidential
$481,978$203 / 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 94How 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

7516 LAKE WHEELER RD

RALEIGH, NC 27603
1
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.
0.98 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$482K
$452K low$512K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,177 (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.$337,187 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$120,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$217,187
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$337,187
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$337,187

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.12
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
18
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
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.1960
Lot (acres)The size of the land the home sits on, from county records.0.98
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
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 · 192 ft²Porch · 320 ft²

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.

H
Middle Creek High SchoolB+
High · Grades 9–12 · 3.4 mi
E
Yates Mill Elementary SchoolB
Elementary · Grades PK–5 · 4.3 mi
M
Dillard Drive Magnet Middle SchoolC+
Middle · Grades 6–8 · 5.3 mi

District: Wake County Public Schools

Neighborhood · ZIP 27603These 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.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.62,817
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,202 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,402
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,305
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%

Owner Tools

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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

7516 Lake Wheeler Rd 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 69% of homes in Raleigh 27603
  • Costs less per square foot than 68% of homes in Wake County
  • Bigger than 73% of homes in Raleigh 27603
  • Has a bigger lot than 91% of homes in Wake County
  • Among the oldest homes in Wake County

What homes are worth in Raleigh 27603

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

This home
$189K$975K

This home is worth more than 69% of homes in Raleigh 27603.

How it measures up in Raleigh 27603

The dot is this home. The mark in the middle is the typical home in Raleigh 27603.

Estimated value$481,978
CheaperTypical $399,579Pricier

Pricier than 69% of homes nearby

Price per ft²$203
CheaperTypical $215Pricier

Pricier than 38% of homes nearby

Living area2,380 ft²
SmallerTypical 1,800 ft²Bigger

Bigger than 73% of homes nearby

Lot size0.98 ac
SmallerTypical 0.49 acBigger

Bigger than 83% of homes nearby

Year built1910
OlderTypical 2000Newer

Older than almost all homes nearby

How 7516 Lake Wheeler Rd ranks against every home in each area.
MeasureThis homeRaleigh 27603Wake County
Estimated valuepricier than$481,97869% of homes52% of homes
Price per ft²pricier than$20338% of homes32% of homes
Living areabigger than2,380 ft²73% of homes60% of homes
Lot sizebigger than0.98 ac83% of homes91% of homes
Year builtnewer than1910almost no homesalmost no homes

About 7516 Lake Wheeler Rd

How much is 7516 Lake Wheeler Rd, Raleigh, NC worth?

The TopHap Estimate for 7516 Lake Wheeler Rd, Raleigh, NC is $481,978 as of Sep 24, 2026. The likely range is $451,618 to $512,338. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 7516 Lake Wheeler Rd, Raleigh, NC?

7516 Lake Wheeler Rd, Raleigh, NC has 1 bathrooms, 2,380 square feet of living space and a 0.98-acre lot.

When was 7516 Lake Wheeler Rd, Raleigh, NC built?

7516 Lake Wheeler Rd, Raleigh, NC was built in 1910, making it 116 years old. It is a conventional home. The building has 2 stories.

What schools serve 7516 Lake Wheeler Rd, Raleigh, NC?

7516 Lake Wheeler Rd, Raleigh, NC is assigned to Middle Creek High School (high), rated B+; Yates Mill Elementary School (elementary), rated B; Dillard Drive Magnet Middle School (middle), rated C+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7516 Lake Wheeler Rd, Raleigh, NC compare to other homes in Raleigh 27603?

Among the 18,355 homes in Raleigh 27603, it is worth more than 69% of them ($481,978 against a typical $399,579), its price per square foot is higher than 38% of them ($203 against a typical $215), it is bigger than 73% of them (2,380 ft² against a typical 1,800 ft²), its lot is bigger than 83% of them (0.98 ac against a typical 0.49 ac) and it is newer than almost none of them (1910 against a typical 2000). Measured against all of Wake County, it is worth more than 52% 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 7516 Lake Wheeler Rd, Raleigh, NC?

The 2025 property tax bill for 7516 Lake Wheeler Rd, Raleigh, NC was $2,177. The county assessed it at $337,187.

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