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3406 Melrose Dr; Raleigh, NC Property Details

3406 Melrose Dr, Raleigh, NC is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 3406 Melrose Dr has 3 bedrooms, and 1 bathroom, and a total of 1,895 square feet. The lot size of 3406 Melrose Dr is 22,651 square feet.

Off market
3406 Melrose Dr Raleigh, NC 27604
$133,000 Listing Price
3 Beds
1 Baths
1,895 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $133,000
  • Est. Equity / %: $336,000 / 100%
  • Gross Yield: 8.668%
  • APN: 1724.06-37-1615-000
  • Situs County: Wake
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Deck: true

Measurements

  • Total: 1,895/SqFt
  • Lot: 22,651/SqFt
  • Gross: 1,895/SqFt
  • Garage: 585/SqFt
  • Living: 1,895/SqFt
  • Building: 1,895/SqFt
  • Ground: 1,895/SqFt
  • Garage Unfinished: 585/SqFt
  • Price Per Square Foot: $70.18

Legal Description

  • Description: LO3 SUMERSET AC SE2 BLE
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: 35.80357 / -78.5848
  • Subdivision: Sumerset Acres Map 02
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Plus Four: 3811
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

3406 Melrose Dr has no associated ownership info
3406 Melrose Dr has no associated ownership info.

Taxes

3406 Melrose Dr has 10 associated Taxes items

3406 Melrose Dr, 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 $326,750. The APN we've located for 3406 Melrose Dr is 1724.06-37-1615-000.

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Taxes
  • Assessed Value:  $326,750
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1724.06-37-1615-000
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  2109.89
  • Tax Year:  2025
  • Market Value:  326750
  • Market Year:  2025

Tax History

3406 Melrose Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $326,750 Land Value $105,000 Improvement Value $221,750 Tax Amount $2,109.89 Change Rate +0.029657% Assessed CR Tax Rate +0.006457%
Year 2024 Assessed Value $326,750 Land Value $105,000 Improvement Value $221,750 Tax Amount $2,049.12 Change Rate +0.18619% Assessed CR Tax Rate +0.006271%
Year 2023 Assessed Value $218,993 Land Value $50,000 Improvement Value $168,993 Tax Amount $1,727.48 Change Rate +0.078617% Assessed CR Tax Rate +0.007888%
Year 2022 Assessed Value $218,993 Land Value $50,000 Improvement Value $168,993 Tax Amount $1,601.57 Change Rate +0.027392% Assessed CR Tax Rate +0.007313%
Year 2021 Assessed Value $218,993 Land Value $50,000 Improvement Value $168,993 Tax Amount $1,558.87 Change Rate +0.016716% Assessed CR Tax Rate +0.007118%
Year 2020 Assessed Value $218,993 Land Value $50,000 Improvement Value $168,993 Tax Amount $1,533.24 Change Rate Assessed CR Tax Rate +0.007001%
Year 2019 Assessed Value $158,323 Land Value $42,000 Improvement Value $116,323 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $158,323 Land Value $42,000 Improvement Value $116,323 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $128,718 Land Value $42,000 Improvement Value $86,718 Tax Amount $935.19 Change Rate Assessed CR Tax Rate +0.007265%
Year 2016 Assessed Value $128,718 Land Value $42,000 Improvement Value $86,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $145,162 Land Value $54,000 Improvement Value $91,162 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $145,162 Land Value $54,000 Improvement Value $91,162 Tax Amount Change Rate Assessed CR Tax Rate