Large Location Icon

3405 Cherry Ln; Raleigh, NC Property Details

3405 Cherry Ln, Raleigh, NC is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 3405 Cherry Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,194 square feet. The lot size of 3405 Cherry Ln is 12,632 square feet.

Off market
3405 Cherry Ln Raleigh, NC 27607
$639,000 Listing Price
3 Beds
2.5 Baths
2,194 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $639,000
  • Open Loans / Balance: 1 / $415,183
  • Est. Equity / %: $615,817 / 59.73%
  • Gross Yield: 5.295%
  • APN: 0794.10-46-3178-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 2,194/SqFt
  • Lot: 12,632/SqFt
  • Gross: 2,194/SqFt
  • Living: 2,194/SqFt
  • Building: 2,194/SqFt
  • Ground: 2,194/SqFt
  • Price Per Square Foot: $291.25

Legal Description

  • Description: LO5 GR PT & PT LT 6 RIDGEWOOD S3 BLL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.799812 / -78.68173
  • Subdivision: Ridgewood Sec 03
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4039
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

3405 Cherry Ln has no associated ownership info
3405 Cherry Ln has no associated ownership info.

Taxes

3405 Cherry Ln has 10 associated Taxes items

3405 Cherry Ln, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $799,477. The APN we've located for 3405 Cherry Ln is 0794.10-46-3178-000.

Unlock the full report
Taxes
  • Assessed Value:  $799,477
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.10-46-3178-000
  • Assessed Land Value:  500000
  • Market Land Value:  500000
  • Tax Amount:  6992.24
  • Tax Year:  2025
  • Market Value:  799477
  • Market Year:  2025

Tax History

3405 Cherry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $799,477 Land Value $500,000 Improvement Value $299,477 Tax Amount $6,992.24 Change Rate +0.004134% Assessed CR Tax Rate +0.008746%
Year 2024 Assessed Value $799,477 Land Value $500,000 Improvement Value $299,477 Tax Amount $6,963.45 Change Rate +0.008529% Assessed CR Tax Rate +0.00871%
Year 2023 Assessed Value $631,611 Land Value $300,000 Improvement Value $331,611 Tax Amount $6,904.56 Change Rate +0.076305% Assessed CR Tax Rate +0.010932%
Year 2022 Assessed Value $631,611 Land Value $300,000 Improvement Value $331,611 Tax Amount $6,415.06 Change Rate +0.040463% Assessed CR Tax Rate +0.010157%
Year 2021 Assessed Value $631,611 Land Value $300,000 Improvement Value $331,611 Tax Amount $6,165.58 Change Rate +0.018574% Assessed CR Tax Rate +0.009762%
Year 2020 Assessed Value $631,611 Land Value $300,000 Improvement Value $331,611 Tax Amount $6,053.15 Change Rate +0.148008% Assessed CR Tax Rate +0.009584%
Year 2019 Assessed Value $453,252 Land Value $200,000 Improvement Value $253,252 Tax Amount $5,272.74 Change Rate +0.060438% Assessed CR Tax Rate +0.011633%
Year 2018 Assessed Value $453,252 Land Value $200,000 Improvement Value $253,252 Tax Amount $4,972.23 Change Rate +0.050061% Assessed CR Tax Rate +0.01097%
Year 2017 Assessed Value $453,252 Land Value $200,000 Improvement Value $253,252 Tax Amount $4,735.18 Change Rate +0.021012% Assessed CR Tax Rate +0.010447%
Year 2016 Assessed Value $453,252 Land Value $200,000 Improvement Value $253,252 Tax Amount $4,637.73 Change Rate -0.104865% Assessed CR Tax Rate +0.010232%
Year 2015 Assessed Value $498,410 Land Value $216,000 Improvement Value $282,410 Tax Amount $5,181.04 Change Rate +0.054474% Assessed CR Tax Rate +0.010395%
Year 2014 Assessed Value $498,410 Land Value $216,000 Improvement Value $282,410 Tax Amount $4,913.39 Change Rate Assessed CR Tax Rate +0.009858%