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3406 Cherry Ln; Raleigh, NC Property Details

3406 Cherry Ln, Raleigh, NC is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 3406 Cherry Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,694 square feet. The lot size of 3406 Cherry Ln is 12,632 square feet.

Off market
3406 Cherry Ln Raleigh, NC 27607
$605,000 Listing Price
3 Beds
2 Baths
1,694 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $605,000
  • Est. Equity / %: $631,000 / 100%
  • Gross Yield: 6.068%
  • APN: 0794.10-46-2367-000
  • Situs County: Wake
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,694/SqFt
  • Lot: 12,632/SqFt
  • Gross: 1,694/SqFt
  • Living: 1,694/SqFt
  • Building: 1,694/SqFt
  • Ground: 1,694/SqFt
  • Price Per Square Foot: $357.14

Legal Description

  • Description: LO11 RIDGEWOOD SE3 BLJ
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: 35.800346 / -78.68211
  • Subdivision: Ridgewood
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4040
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

3406 Cherry Ln has no associated ownership info
3406 Cherry Ln has no associated ownership info.

Taxes

3406 Cherry Ln has 8 associated Taxes items

3406 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 $605,843. The APN we've located for 3406 Cherry Ln is 0794.10-46-2367-000.

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Taxes
  • Assessed Value:  $605,843
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.10-46-2367-000
  • Assessed Land Value:  500000
  • Market Land Value:  500000
  • Market Value:  605843
  • Market Year:  2025

Tax History

3406 Cherry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $605,843 Land Value $500,000 Improvement Value $105,843 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $605,843 Land Value $500,000 Improvement Value $105,843 Tax Amount $5,281.74 Change Rate +0.302917% Assessed CR Tax Rate +0.008718%
Year 2023 Assessed Value $370,071 Land Value $300,000 Improvement Value $70,071 Tax Amount $4,053.78 Change Rate +0.076138% Assessed CR Tax Rate +0.010954%
Year 2022 Assessed Value $370,071 Land Value $300,000 Improvement Value $70,071 Tax Amount $3,766.97 Change Rate +0.040372% Assessed CR Tax Rate +0.010179%
Year 2021 Assessed Value $370,071 Land Value $300,000 Improvement Value $70,071 Tax Amount $3,620.79 Change Rate +0.018529% Assessed CR Tax Rate +0.009784%
Year 2020 Assessed Value $370,071 Land Value $300,000 Improvement Value $70,071 Tax Amount $3,554.92 Change Rate -0.047967% Assessed CR Tax Rate +0.009606%
Year 2019 Assessed Value $320,479 Land Value $200,000 Improvement Value $120,479 Tax Amount $3,734.03 Change Rate +0.060337% Assessed CR Tax Rate +0.011651%
Year 2018 Assessed Value $320,479 Land Value $200,000 Improvement Value $120,479 Tax Amount $3,521.55 Change Rate +0.049971% Assessed CR Tax Rate +0.010988%
Year 2017 Assessed Value $320,479 Land Value $200,000 Improvement Value $120,479 Tax Amount $3,353.95 Change Rate +0.020977% Assessed CR Tax Rate +0.010465%
Year 2016 Assessed Value $320,479 Land Value $200,000 Improvement Value $120,479 Tax Amount $3,285.04 Change Rate +0.04245% Assessed CR Tax Rate +0.01025%
Year 2015 Assessed Value $302,393 Land Value $175,500 Improvement Value $126,893 Tax Amount $3,151.27 Change Rate +0.054328% Assessed CR Tax Rate +0.010421%
Year 2014 Assessed Value $302,393 Land Value $175,500 Improvement Value $126,893 Tax Amount $2,988.89 Change Rate Assessed CR Tax Rate +0.009884%