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505 Merrie Rd; Raleigh, NC Property Details

505 Merrie Rd, Raleigh, NC is a Single Family that was built in 1977. This property is currently Financed and is not for sale. Our records show that 505 Merrie Rd has 1.5 bathrooms, and a total of 1,352 square feet. The lot size of 505 Merrie Rd is 21,780 square feet.

Off market
505 Merrie Rd Raleigh, NC 27606
$407,195 Estimated Value
1.5 Baths
1,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1977
  • Purchase Price: $166,000
  • Open Loans / Balance: 1 / $39,181
  • Est. Equity / %: $397,819 / 91.03%
  • Gross Yield: 6.766%
  • APN: 0783.12-96-6829-000
  • Situs County: Wake
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Sewer Type: Municipal
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,352/SqFt
  • Lot: 21,780/SqFt
  • Gross: 1,352/SqFt
  • Living: 1,352/SqFt
  • Building: 1,352/SqFt
  • Ground: 1,352/SqFt
  • Price Per Square Foot: $122.78

Legal Description

  • Description: LO26 HUNTERS CRK W SUB SE6 BM1976-00456
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: 35.77433 / -78.697876
  • Subdivision: Hunters Crk W Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 2762
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

505 Merrie Rd has no associated ownership info
505 Merrie Rd has no associated ownership info.

Taxes

505 Merrie Rd has 10 associated Taxes items

505 Merrie Rd, 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 $407,195. The APN we've located for 505 Merrie Rd is 0783.12-96-6829-000.

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Taxes
  • Assessed Value:  $407,195
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.12-96-6829-000
  • Assessed Land Value:  215000
  • Market Land Value:  215000
  • Tax Amount:  3571.15
  • Tax Year:  2025
  • Market Value:  407195
  • Market Year:  2025

Tax History

505 Merrie Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $407,195 Land Value $215,000 Improvement Value $192,195 Tax Amount $3,571.15 Change Rate +0.004122% Assessed CR Tax Rate +0.00877%
Year 2024 Assessed Value $407,195 Land Value $215,000 Improvement Value $192,195 Tax Amount $3,556.49 Change Rate +0.240912% Assessed CR Tax Rate +0.008734%
Year 2023 Assessed Value $261,104 Land Value $120,000 Improvement Value $141,104 Tax Amount $2,866.03 Change Rate +0.075966% Assessed CR Tax Rate +0.010977%
Year 2022 Assessed Value $261,104 Land Value $120,000 Improvement Value $141,104 Tax Amount $2,663.68 Change Rate +0.040281% Assessed CR Tax Rate +0.010202%
Year 2021 Assessed Value $261,104 Land Value $120,000 Improvement Value $141,104 Tax Amount $2,560.54 Change Rate +0.018488% Assessed CR Tax Rate +0.009807%
Year 2020 Assessed Value $261,104 Land Value $120,000 Improvement Value $141,104 Tax Amount $2,514.06 Change Rate +0.237253% Assessed CR Tax Rate +0.009629%
Year 2019 Assessed Value $208,126 Land Value $90,000 Improvement Value $118,126 Tax Amount $2,031.97 Change Rate -0.005881% Assessed CR Tax Rate +0.009763%
Year 2018 Assessed Value $208,126 Land Value $90,000 Improvement Value $118,126 Tax Amount $2,043.99 Change Rate -0.064591% Assessed CR Tax Rate +0.009821%
Year 2017 Assessed Value $192,340 Land Value $90,000 Improvement Value $102,340 Tax Amount $2,185.13 Change Rate +0.103846% Assessed CR Tax Rate +0.011361%
Year 2016 Assessed Value $192,340 Land Value $90,000 Improvement Value $102,340 Tax Amount $1,979.56 Change Rate -0.01113% Assessed CR Tax Rate +0.010292%
Year 2015 Assessed Value $191,389 Land Value $90,000 Improvement Value $101,389 Tax Amount $2,001.84 Change Rate +0.054122% Assessed CR Tax Rate +0.01046%
Year 2014 Assessed Value $191,389 Land Value $90,000 Improvement Value $101,389 Tax Amount $1,899.06 Change Rate Assessed CR Tax Rate +0.009923%