Large Location Icon

5231 Melbourne Rd; Raleigh, NC Property Details

5231 Melbourne Rd, Raleigh, NC is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 5231 Melbourne Rd has 3 bedrooms, and 3.5 bathrooms, and a total of 2,594 square feet. The lot size of 5231 Melbourne Rd is 26,136 square feet.

Off market
5231 Melbourne Rd Raleigh, NC 27606
$445,000 Listing Price
3 Beds
3.5 Baths
2,594 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $445,000
  • Open Loans / Balance: 1 / $277,672
  • Est. Equity / %: $569,328 / 67.22%
  • Gross Yield: 4.385%
  • APN: 0783.06-48-1056-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,594/SqFt
  • Lot: 26,136/SqFt
  • Gross: 2,594/SqFt
  • Garage: 541/SqFt
  • Living: 2,594/SqFt
  • Building: 2,594/SqFt
  • Garage Unfinished: 541/SqFt
  • Price Per Square Foot: $171.55

Legal Description

  • Description: LO1 CARDINAL HILLS (RALEIGH) BL3 BM1957-
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: 35.777596 / -78.71628
  • Subdivision: Cardinal Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 1619
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

5231 Melbourne Rd has no associated ownership info
5231 Melbourne Rd has no associated ownership info.

Taxes

5231 Melbourne Rd has 8 associated Taxes items

5231 Melbourne 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 $767,657. The APN we've located for 5231 Melbourne Rd is 0783.06-48-1056-000.

Unlock the full report
Taxes
  • Assessed Value:  $767,657
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.06-48-1056-000
  • Assessed Land Value:  170000
  • Market Land Value:  170000
  • Market Value:  767657
  • Market Year:  2025

Tax History

5231 Melbourne Rd has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $767,657 Land Value $170,000 Improvement Value $597,657 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $767,657 Land Value $170,000 Improvement Value $597,657 Tax Amount $6,687.1 Change Rate +0.289559% Assessed CR Tax Rate +0.008711%
Year 2023 Assessed Value $473,906 Land Value $89,250 Improvement Value $384,656 Tax Amount $5,185.57 Change Rate +0.076224% Assessed CR Tax Rate +0.010942%
Year 2022 Assessed Value $473,906 Land Value $89,250 Improvement Value $384,656 Tax Amount $4,818.3 Change Rate +0.04042% Assessed CR Tax Rate +0.010167%
Year 2021 Assessed Value $473,906 Land Value $89,250 Improvement Value $384,656 Tax Amount $4,631.11 Change Rate +0.018554% Assessed CR Tax Rate +0.009772%
Year 2020 Assessed Value $473,906 Land Value $89,250 Improvement Value $384,656 Tax Amount $4,546.75 Change Rate Assessed CR Tax Rate +0.009594%
Year 2019 Assessed Value $401,042 Land Value $76,500 Improvement Value $324,542 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $401,042 Land Value $76,500 Improvement Value $324,542 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $76,500 Land Value $76,500 Improvement Value Tax Amount $795.83 Change Rate Assessed CR Tax Rate +0.010403%