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3616 Melrose Dr; Raleigh, NC Property Details

3616 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 3616 Melrose Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,421 square feet. The lot size of 3616 Melrose Dr is 20,038 square feet.

Off market
3616 Melrose Dr Raleigh, NC 27604
$142,000 Listing Price
3 Beds
1.5 Baths
1,421 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $142,000
  • Open Loans / Balance: 1 / $108,085
  • Est. Equity / %: $175,915 / 61.94%
  • Gross Yield: 8.455%
  • APN: 1724.06-48-3162-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,421/SqFt
  • Lot: 20,038/SqFt
  • Gross: 1,421/SqFt
  • Living: 1,421/SqFt
  • Building: 1,421/SqFt
  • Ground: 1,421/SqFt
  • Price Per Square Foot: $99.93

Legal Description

  • Description: LO3 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: 35.80487 / -78.58059
  • Subdivision: Sumerset Ac Sec 01
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Plus Four: 3815
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

3616 Melrose Dr has no associated ownership info
3616 Melrose Dr has no associated ownership info.

Taxes

3616 Melrose Dr has 10 associated Taxes items

3616 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 $273,622. The APN we've located for 3616 Melrose Dr is 1724.06-48-3162-000.

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Taxes
  • Assessed Value:  $273,622
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1724.06-48-3162-000
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  1770.09
  • Tax Year:  2025
  • Market Value:  273622
  • Market Year:  2025

Tax History

3616 Melrose Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $273,622 Land Value $105,000 Improvement Value $168,622 Tax Amount $1,770.09 Change Rate +0.029607% Assessed CR Tax Rate +0.006469%
Year 2024 Assessed Value $273,622 Land Value $105,000 Improvement Value $168,622 Tax Amount $1,719.19 Change Rate +0.217134% Assessed CR Tax Rate +0.006283%
Year 2023 Assessed Value $178,594 Land Value $50,000 Improvement Value $128,594 Tax Amount $1,412.49 Change Rate +0.078393% Assessed CR Tax Rate +0.007909%
Year 2022 Assessed Value $178,594 Land Value $50,000 Improvement Value $128,594 Tax Amount $1,309.81 Change Rate +0.027318% Assessed CR Tax Rate +0.007334%
Year 2021 Assessed Value $178,594 Land Value $50,000 Improvement Value $128,594 Tax Amount $1,274.98 Change Rate +0.016666% Assessed CR Tax Rate +0.007139%
Year 2020 Assessed Value $178,594 Land Value $50,000 Improvement Value $128,594 Tax Amount $1,254.08 Change Rate +0.146713% Assessed CR Tax Rate +0.007022%
Year 2019 Assessed Value $131,459 Land Value $42,000 Improvement Value $89,459 Tax Amount $1,093.63 Change Rate +0.0866% Assessed CR Tax Rate +0.008319%
Year 2018 Assessed Value $131,459 Land Value $42,000 Improvement Value $89,459 Tax Amount $1,006.47 Change Rate +0.05426% Assessed CR Tax Rate +0.007656%
Year 2017 Assessed Value $131,459 Land Value $42,000 Improvement Value $89,459 Tax Amount $954.67 Change Rate +0.020372% Assessed CR Tax Rate +0.007262%
Year 2016 Assessed Value $131,459 Land Value $42,000 Improvement Value $89,459 Tax Amount $935.61 Change Rate Assessed CR Tax Rate +0.007117%
Year 2015 Assessed Value $140,002 Land Value $54,000 Improvement Value $86,002 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $140,002 Land Value $54,000 Improvement Value $86,002 Tax Amount $941.21 Change Rate Assessed CR Tax Rate +0.006723%