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3624 Melrose Dr; Raleigh, NC Property Details

3624 Melrose Dr, Raleigh, NC is a Single Family that was built in 1969. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 3624 Melrose Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,449 square feet. The lot size of 3624 Melrose Dr is 22,651 square feet.

Off market
3624 Melrose Dr Raleigh, NC 27604
$158,900 Listing Price
3 Beds
1.5 Baths
1,449 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1969
  • Purchase Price: $161,348
  • Open Loans / Balance: 2 / $75,748
  • Est. Equity / %: $270,252 / 78.11%
  • Gross Yield: 8.466%
  • APN: 1724.06-48-5175-000
  • Situs County: Wake
  • Length Of Ownership: 21 years, 8 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
  • Deck: true

Measurements

  • Total: 1,449/SqFt
  • Lot: 22,651/SqFt
  • Gross: 1,449/SqFt
  • Living: 1,449/SqFt
  • Building: 1,449/SqFt
  • Ground: 1,449/SqFt
  • Price Per Square Foot: $111.35

Legal Description

  • Description: LO1 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: 35.804947 / -78.57988
  • Subdivision: Somerset Acres Map 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
  • Parking: 2

Ownership Info

3624 Melrose Dr has no associated ownership info
3624 Melrose Dr has no associated ownership info.

Taxes

3624 Melrose Dr has 10 associated Taxes items

3624 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 $310,018. The APN we've located for 3624 Melrose Dr is 1724.06-48-5175-000.

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Taxes
  • Assessed Value:  $310,018
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1724.06-48-5175-000
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  2002.87
  • Tax Year:  2025
  • Market Value:  310018
  • Market Year:  2025

Tax History

3624 Melrose Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $310,018 Land Value $105,000 Improvement Value $205,018 Tax Amount $2,002.87 Change Rate +0.029642% Assessed CR Tax Rate +0.00646%
Year 2024 Assessed Value $310,018 Land Value $105,000 Improvement Value $205,018 Tax Amount $1,945.21 Change Rate +0.203257% Assessed CR Tax Rate +0.006275%
Year 2023 Assessed Value $204,773 Land Value $50,000 Improvement Value $154,773 Tax Amount $1,616.62 Change Rate +0.078559% Assessed CR Tax Rate +0.007895%
Year 2022 Assessed Value $204,773 Land Value $50,000 Improvement Value $154,773 Tax Amount $1,498.87 Change Rate +0.027369% Assessed CR Tax Rate +0.00732%
Year 2021 Assessed Value $204,773 Land Value $50,000 Improvement Value $154,773 Tax Amount $1,458.94 Change Rate +0.016697% Assessed CR Tax Rate +0.007125%
Year 2020 Assessed Value $204,773 Land Value $50,000 Improvement Value $154,773 Tax Amount $1,434.98 Change Rate +0.125792% Assessed CR Tax Rate +0.007008%
Year 2019 Assessed Value $153,623 Land Value $42,000 Improvement Value $111,623 Tax Amount $1,274.64 Change Rate +0.086844% Assessed CR Tax Rate +0.008297%
Year 2018 Assessed Value $153,623 Land Value $42,000 Improvement Value $111,623 Tax Amount $1,172.79 Change Rate +0.054421% Assessed CR Tax Rate +0.007634%
Year 2017 Assessed Value $153,623 Land Value $42,000 Improvement Value $111,623 Tax Amount $1,112.26 Change Rate +0.020431% Assessed CR Tax Rate +0.00724%
Year 2016 Assessed Value $153,623 Land Value $42,000 Improvement Value $111,623 Tax Amount $1,089.99 Change Rate -0.052026% Assessed CR Tax Rate +0.007095%
Year 2015 Assessed Value $162,681 Land Value $54,000 Improvement Value $108,681 Tax Amount $1,149.81 Change Rate +0.054446% Assessed CR Tax Rate +0.007068%
Year 2014 Assessed Value $162,681 Land Value $54,000 Improvement Value $108,681 Tax Amount $1,090.44 Change Rate Assessed CR Tax Rate +0.006703%