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3500 Melrose Dr; Raleigh, NC Property Details

3500 Melrose Dr, Raleigh, NC is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 3500 Melrose Dr has 1.5 bathrooms, and a total of 1,450 square feet. The lot size of 3500 Melrose Dr is 20,473 square feet.

Off market
3500 Melrose Dr Raleigh, NC 27604
$298,234 Estimated Value
1.5 Baths
1,450 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $106,000
  • Open Loans: 3
  • Gross Yield: 9.041%
  • APN: 1724.06-37-5884-000
  • Situs County: Wake
  • Length Of Ownership: 28 years, 6 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,450/SqFt
  • Lot: 20,473/SqFt
  • Gross: 1,450/SqFt
  • Living: 1,450/SqFt
  • Building: 1,450/SqFt
  • Ground: 1,450/SqFt
  • Price Per Square Foot: $73.10

Legal Description

  • Description: LO10 SUMERSET AC SE1 BLC
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: 35.80409 / -78.583244
  • Subdivision: Somerset Acres Sec 01
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3813
  • Cooling: None
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

3500 Melrose Dr has no associated ownership info
3500 Melrose Dr has no associated ownership info.

Taxes

3500 Melrose Dr has 10 associated Taxes items

3500 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 $298,234. The APN we've located for 3500 Melrose Dr is 1724.06-37-5884-000.

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Taxes
  • Assessed Value:  $298,234
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1724.06-37-5884-000
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  1927.51
  • Tax Year:  2025
  • Market Value:  298234
  • Market Year:  2025

Tax History

3500 Melrose Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $298,234 Land Value $105,000 Improvement Value $193,234 Tax Amount $1,927.51 Change Rate +0.029636% Assessed CR Tax Rate +0.006463%
Year 2024 Assessed Value $298,234 Land Value $105,000 Improvement Value $193,234 Tax Amount $1,872.03 Change Rate +0.315663% Assessed CR Tax Rate +0.006277%
Year 2023 Assessed Value $179,926 Land Value $50,000 Improvement Value $129,926 Tax Amount $1,422.88 Change Rate +0.078413% Assessed CR Tax Rate +0.007908%
Year 2022 Assessed Value $179,926 Land Value $50,000 Improvement Value $129,926 Tax Amount $1,319.42 Change Rate +0.027314% Assessed CR Tax Rate +0.007333%
Year 2021 Assessed Value $179,926 Land Value $50,000 Improvement Value $129,926 Tax Amount $1,284.34 Change Rate +0.016663% Assessed CR Tax Rate +0.007138%
Year 2020 Assessed Value $179,926 Land Value $50,000 Improvement Value $129,926 Tax Amount $1,263.29 Change Rate +0.148143% Assessed CR Tax Rate +0.007021%
Year 2019 Assessed Value $132,275 Land Value $42,000 Improvement Value $90,275 Tax Amount $1,100.29 Change Rate +0.08661% Assessed CR Tax Rate +0.008318%
Year 2018 Assessed Value $132,275 Land Value $42,000 Improvement Value $90,275 Tax Amount $1,012.59 Change Rate +0.054265% Assessed CR Tax Rate +0.007655%
Year 2017 Assessed Value $132,275 Land Value $42,000 Improvement Value $90,275 Tax Amount $960.47 Change Rate +0.020376% Assessed CR Tax Rate +0.007261%
Year 2016 Assessed Value $132,275 Land Value $42,000 Improvement Value $90,275 Tax Amount $941.29 Change Rate -0.021355% Assessed CR Tax Rate +0.007116%
Year 2015 Assessed Value $135,613 Land Value $54,000 Improvement Value $81,613 Tax Amount $961.83 Change Rate +0.054257% Assessed CR Tax Rate +0.007092%
Year 2014 Assessed Value $135,613 Land Value $54,000 Improvement Value $81,613 Tax Amount $912.33 Change Rate Assessed CR Tax Rate +0.006727%