When was property at 3406 Cherry Lane built and last sold?

The property at 3406 Cherry Lane was built in 1958 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 3406 Cherry Lane is $605,343.

What are some comparable homes to 3406 Cherry Lane?

There are currently no comparable homes to 3406 Cherry Lane.

Raleigh

27607

Ridgewood

3406 Cherry Lane

$605,000

● House - Off Market

3406 Cherry Lane

Raleigh, NC 27607

3 Beds

2 Baths

1,724 Ft²

$3,280

Est. Monthly

3.32%

Cap Rate

About This Property

Prime Raleigh Location in Ridgewood. Beautiful .29 acre lot ready for new construction or renovation. Hardwood floors. Spacious living room with fireplace. 3 BR, 2 bath & bonus room. Covered patio overlooks fenced backyard. Walk to Ridgewood Shopping Center, Whole Foods, restaurants, Raleigh Greenway, Art Muesum and more. Minutes to PNC Arena, Carter Finley Stadium, The Village District. Coveted Schools. Gas Pack-2022, Roof-2009. Don't miss this opportunity!

Unit Size

1,724 Ft²

Days on Market

Land Size

0.29 acres

Price per sqft

$347

Property Type

House

Property Taxes

$338

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10026456)

Price History

Date / Event	Date	Event
Jun 25, 2024	Sold	Premium
Sold
Apr 30, 2024	Listed by Wieland Properties, Inc.	$599,000
Listed by Wieland Properties, Inc.

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1978
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 3
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,632

Total Building Area: 1,694
Building Area: 1,694
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,694
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: RIDGEWOOD
Land Acres: 0000000290
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO11 RIDGEWOOD SE3 BLJ

Neighborhood

School District Name: Wake County Schools

Census Tract: 051400

Zoning

Zoning: R-4

Geography

Account Number: 0069772

District: 01
Section: 3
Parcel: 0794.10-46-2367 0069772
Lot: 11
Municipality: RALEIGH
Latitude: 35.8003
Longitude: -78.6821

Address

Full Address: 3406 Cherry Ln

Address - House Number: 3406
Address - Street Name: Cherry
Address - Suffix Type: Ln
State: NC
City Name: Raleigh
Carrier Code: C011
4-Digit Zip Code: 4040
Zip Code: 27607

Valuation

Tax

Tax Year: 2022

Tax Amount: $376,697

Appraisal Valuation

Standard Deviation: 0.1237

Valuation Date: Aug 31, 2022
Confidence Score: 86
Final Value: 620,877
High Value: 697,730
Low Value: 544,025

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $370,071

Market Land Value: $300,000
Market Improvement Value: $70,071

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $370,071
Assessed Land Value: $300,000
Assessed Improvements Value: $70,071

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Hills

Stats & Trends

Median Asking:

$849,500

Sale Price/ft²

$347

Below Asking

0.02%

Average Days on Market

Average Home Size

4018 ft²

Average Home Age

22.7 years

Currently For Sale

158 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2200 Hope Street, Raleigh, NC, 27607

$2,000 /mo

2 Beds
2 Baths
1,338 ft²

2200 Hope Street, Raleigh, NC, 27607 Listing by Spencer Southern

Unit for rent at 21 Shepherd Street, Raleigh, NC, 27607

$2,000 /mo

2 Beds
1 Bath
988 ft²

21 Shepherd Street #215, Raleigh, NC, 27607 Listing by Chip Edwards

Unit for rent at 911 Washington Street, Raleigh, NC, 27605

$2,050 /mo

2 Beds
2 Baths
1,120 ft²

911 Washington Street #103, Raleigh, NC, 27605 Listing by Tim Lehan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Brad Thomas, Wieland Properties, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10026456

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

3406 Cherry Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions