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516 Merrie Rd; Raleigh, NC Property Details

516 Merrie Rd, Raleigh, NC is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 516 Merrie Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,470 square feet. The lot size of 516 Merrie Rd is 21,344 square feet.

Off market
516 Merrie Rd Raleigh, NC 27606
$340,000 Listing Price
3 Beds
2 Baths
1,470 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1978
  • Purchase Price: $340,000
  • Est. Equity / %: $838,000 / 100%
  • Gross Yield: 3.511%
  • APN: 0783.12-96-4454-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,470/SqFt
  • Lot: 21,344/SqFt
  • Gross: 1,470/SqFt
  • Living: 1,470/SqFt
  • Building: 1,470/SqFt
  • Ground: 1,470/SqFt
  • Price Per Square Foot: $231.29

Legal Description

  • Description: LO43 HUNTERS CRK W 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: 35.773125 / -78.69845
  • Subdivision: Hunters Crk
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6419
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $290
  • H O A Amount: $290
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

516 Merrie Rd has 8 associated Taxes items

516 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 $446,381. The APN we've located for 516 Merrie Rd is 0783.12-96-4454-000.

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Taxes
  • Assessed Value:  $446,381
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.12-96-4454-000
  • Assessed Land Value:  215000
  • Market Land Value:  215000
  • Market Value:  446381
  • Market Year:  2025

Tax History

516 Merrie Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $446,381 Land Value $215,000 Improvement Value $231,381 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $446,381 Land Value $215,000 Improvement Value $231,381 Tax Amount $3,896.82 Change Rate +0.371415% Assessed CR Tax Rate +0.00873%
Year 2023 Assessed Value $258,850 Land Value $120,000 Improvement Value $138,850 Tax Amount $2,841.46 Change Rate +0.07596% Assessed CR Tax Rate +0.010977%
Year 2022 Assessed Value $258,850 Land Value $120,000 Improvement Value $138,850 Tax Amount $2,640.86 Change Rate +0.040278% Assessed CR Tax Rate +0.010202%
Year 2021 Assessed Value $258,850 Land Value $120,000 Improvement Value $138,850 Tax Amount $2,538.61 Change Rate +0.018483% Assessed CR Tax Rate +0.009807%
Year 2020 Assessed Value $258,850 Land Value $120,000 Improvement Value $138,850 Tax Amount $2,492.54 Change Rate +0.036378% Assessed CR Tax Rate +0.009629%
Year 2019 Assessed Value $205,803 Land Value $90,000 Improvement Value $115,803 Tax Amount $2,405.05 Change Rate +0.060147% Assessed CR Tax Rate +0.011686%
Year 2018 Assessed Value $205,803 Land Value $90,000 Improvement Value $115,803 Tax Amount $2,268.6 Change Rate +0.049806% Assessed CR Tax Rate +0.011023%
Year 2017 Assessed Value $205,803 Land Value $90,000 Improvement Value $115,803 Tax Amount $2,160.97 Change Rate +0.020905% Assessed CR Tax Rate +0.0105%
Year 2016 Assessed Value $205,803 Land Value $90,000 Improvement Value $115,803 Tax Amount $2,116.72 Change Rate +0.002467% Assessed CR Tax Rate +0.010285%
Year 2015 Assessed Value $201,980 Land Value $90,000 Improvement Value $111,980 Tax Amount $2,111.51 Change Rate +0.054153% Assessed CR Tax Rate +0.010454%
Year 2014 Assessed Value $201,980 Land Value $90,000 Improvement Value $111,980 Tax Amount $2,003.04 Change Rate Assessed CR Tax Rate +0.009917%