When was property at 3408 Cherry Lane built and last sold?

The property at 3408 Cherry Lane was built in 1956 and last sold on Oct 13, 2016 for $344,000.

How much is this home worth?

The estimated value of the home located at 3408 Cherry Lane is $580,188.

What are some comparable homes to 3408 Cherry Lane?

There are currently no comparable homes to 3408 Cherry Lane.

Raleigh

27607

Ridgewood

3408 Cherry Lane

Sold on Oct 14, 2026

Map

$545,500

● House - Off Market

3408 Cherry Lane

Raleigh, NC 27607

3 Beds

3 Baths

1,659 Ft²

$3,190

Est. Monthly

About This Property

Priced to sell! Highly desirable 3 bed 3 bath ranch style home with office in prime ITB locale. Fresh interior paint. New light fixtures. Tankless water heater. Plantation shutters. Hardwoods throughout most of home. Spacious family room features built-ins and wood burning fireplace. Formal dining area. Kitchen offers stainless steel appliances. All appliances convey. Primary suite has separate access to back deck. Huge bonus room with ensuite bath. Expansive back deck overlooks flat, fenced backyard with storage shed. Walk to Ridgewood Shopping Center with Whole Foods and great shopping & dining. Easy access to I-440, I-40 and Downtown Raleigh.

Unit Size

1,659 Ft²

Days on Market

56 days

Land Size

0.31 acres

Price per sqft

$335

Property Type

House

Property Taxes

$465

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 11 days ago (TMLS #10187211)

Price History

Date / Event	Date	Event
Oct 14, 2026	Sold	Premium
Sold
Sep 25, 2026	In contract	-
In contract
Sep 18, 2026	Price Decreased	$555,000 ↓ $10K (1.8%)
Price Decreased
Sep 11, 2026	Price Decreased	$565,000 ↓ $10K (1.7%)
Price Decreased
Aug 31, 2026	Price Decreased	$575,000 ↓ $20K (3.4%)
Price Decreased
Aug 19, 2026	Listed by Carolina's Choice Real Estate	$595,000
Listed by Carolina's Choice Real Estate
Oct 17, 2016	Sold	Premium
Sold
Sep 8, 2016	Listed by Carolina's Choice Real Estate	$340,000
Listed by Carolina's Choice Real Estate
Feb 13, 2006	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1986
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
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: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,504

Total Building Area: 1,641
Building Area: 1,641
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,641
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: RIDGEWOOD
Land Acres: 0000000310
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO12 RIDGEWOOD SE3 BLJ BM1956-00003

Neighborhood

School District Name: Wake County Schools

Census Tract: 051400

Zoning

Zoning: R-4

Geography

Account Number: 0020927

District: 01
Section: 3
Parcel: 0794.10-46-1375 0020927
Lot: 12
Municipality: RALEIGH
Latitude: 35.8003
Longitude: -78.6824

Address

Full Address: 3408 Cherry Ln

Address - House Number: 3408
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: $428,249

Appraisal Valuation

Standard Deviation: 0.1327

Valuation Date: Aug 31, 2022
Confidence Score: 84
Final Value: 621,662
High Value: 704,202
Low Value: 539,122

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $420,987

Market Land Value: $300,000
Market Improvement Value: $120,987

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $420,987
Assessed Land Value: $300,000
Assessed Improvements Value: $120,987

Sales

Current Sale Contract Date: Oct 13, 2016

Current Sale Recording Date: Oct 17, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Feb 13, 2006
Previous Sale Contract Date: Feb 09, 2006
Previous Sale Amount: $275,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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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:

$835,000

Sale Price/ft²

$347

Below Asking

0.02%

Average Days on Market

Average Home Size

4084 ft²

Average Home Age

22.9 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 2815 Wilcox Place, Raleigh, NC, 27607

$3,290 /mo

4 Beds
4 Baths

2815 Wilcox Place, Raleigh, NC, 27607 Listing by Dameion Tarique Moore

$1,495 /mo

2 Beds
1 Bath

2815 Wilcox Place, Raleigh, NC, 27607 Listing by Dameion Tarique Moore

Unit for rent at 511 Royal Street, Raleigh, NC, 27607

$1,550 /mo

Studio
1 Bath

511 Royal Street, Raleigh, NC, 27607 Listing by Sheryl Merritt

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: David Wilson, Carolina's Choice Real Estate
Last Updated: 11 days ago
Data Source: TMLS, MLS# 10187211

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.