When was property at 3625 Melrose Drive built and last sold?

The property at 3625 Melrose Drive was built in 1963 and last sold on Sep 2, 2021 for $328,500.

How much is this home worth?

The estimated value of the home located at 3625 Melrose Drive is $316,290.

What are some comparable homes to 3625 Melrose Drive?

There are currently no comparable homes to 3625 Melrose Drive.

Raleigh

27604

Sumerset Acres

3625 Melrose Drive

1 / 30

Map

$343,262*

● House - Off Market

3625 Melrose Drive

Raleigh, NC 27604

3 Beds

2 Baths

1997 Sqft

$274,000 - $334,000

Reference Base Price*

12.55%

Since Nov 1, 2021

National-US

Primary Model

Sold Sep 07, 2021

$328,500

Melton Alexander William Camp Maria

Buyer

Pearce Irene Duty Duty Steven B

Seller

$262,720 by Broker Solutions Inc

Mortgage Due Oct 01, 2051

About This Property

Charming Home in the heart of Raleigh! 3 beds/2 baths, with a finished basement, meticulously cared for home with many improvements. This home has a beautiful, huge sunroom with four skylights to illuminate the entire room with natural light. The fenced-in backyard is a wonderful space for large gatherings. The home includes a large deck, newly stained with bench seating for entertainment. This home is minutes to I-440, I540, shopping, dining and downtown Raleigh. Sumerset Acres' best kept secret!

The manager has listed the unit size as 1997 square feet.

Unit Size

1,997Ft²

Days on Market

Land Size

0.48 acres

Price per sqft

$153

Property Type

House

Property Taxes

HOA Dues

Year Built

1963

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Sep 7, 2021	Sold to Alexander William Melton, M...	$328,500
Sold to Alexander William Melton, M...
Aug 6, 2021	In contract	-
In contract
Jul 31, 2021	Listed	$304,999
Listed
Jun 4, 2021	No longer available	-
No longer available
Apr 22, 2021	Relisted	$352,000
Relisted
Apr 7, 2021	In contract	-
In contract
Mar 18, 2021	Listed	$352,000
Listed

Property Highlights

Fireplace

Air Conditioning

Parking Available

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Total Rooms: 7
Bedroom Count: 0
Bathroom Plumbing Fixtures: 2
Building Condition: Average
Construction Type: Frame
Building Style: Split level
Exterior Walls Type: Brick
Roof Shape Type: Gable
Floor Count: 1
Living Units: 1
Basement Type: Partial basement
Basement Area: 300
Garage Type: Carport
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 20,909

Total Building Area: 1,529
Building Area: 1,529
Building Area Measurement: Heated Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 1,529
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: SUMERSET ACRES
Land Acres: 0.48
Standard Land Use Code: Single family residential
Legal Description 1: LO8 ACRES SE1 BLB BLDSUMERS BM1962-00044

Ownership

Current Owner : MELTON ALEXANDER WILLIAM

Current Owner 2: CAMP MARIA
Previous Owner : PEARCE IRENE DUTY
Previous Owner 2: DUTY STEVEN B
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

School District Name: Wake County Schools

School Tax School District: 23
Census Tract: 052706

Zoning

Zoning: R-6

Geography

Account Number: 0019631

District: 17
Section: 1
Parcel: 1724.06-48-5422 0019631
Lot: 8
Municipality: ST MATTHEW'S
Latitude: 35.8057
Longitude: -78.58

Address

Full Address: 3625 Melrose Dr

Address - House Number: 3625
Address - Street Name: Melrose
Address - Suffix Type: Dr
State: NC
City Name: Raleigh
Carrier Code: C007
4-Digit Zip Code: 3814
Zip Code: 27604

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,412

Appraisal Valuation

Standard Deviation: 0.0675

Valuation Date: Jul 05, 2023
Confidence Score: 96
Final Value: 350,879
High Value: 374,568
Low Value: 327,191

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $262,720
First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
First Open Lien Mortgage Recording Date: Sep 07, 2021
First Open Lien Mortgage Loan Amount: $262,720
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Oct 01, 2051

Market Valuation

Market Total Value: $192,737

Market Land Value: $50,000
Market Improvement Value: $142,737

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $192,737
Assessed Land Value: $50,000
Assessed Improvements Value: $142,737

Sales

Current Sale Contract Date: Sep 02, 2021

Current Sale Recording Date: Sep 07, 2021
Current Sale Transaction ID: 11859858788
Current Sale Price: $328,500
Current Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: BROKER SOLUTIONS INC

First Mortgage Transaction Date: Sep 07, 2021
First Mortgage Loan Amount: $262,720
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Oct 01, 2051

Redact Ownership Info

Comparables

3847 Pin Oak Road

Active

House

3 Beds

2.5 Baths

1,650 ft²

$205/ft²

$338,000 May 9, 2024

$279/mo

3506 Melrose Drive

In Contract

House

3 Beds

2 Baths

1,452 ft²

$206/ft²

$299,000 Apr 19, 2024

$62/mo

2429 Fields Of Broadlands Drive

In Contract

House

3 Beds

2 Baths

$330,000 Mar 1, 2024

$24,949/mo

1605 Beacon Valley Drive

In Contract

House

2 Beds

2 Baths

875 ft²

$320/ft²

$280,000 Apr 25, 2024

$254/mo

2309 Hill Street

Active

Land

Loft

$299,000 Nov 28, 2023

$29/mo

About Northeast Raleigh

Stats & Trends

Median Asking:

$349,850

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

Average Home Size

1815 ft²

Average Home Age

22.4 years

Currently For Sale

95 Listings

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Unit for sale at 2309 Hill Street, Raleigh, NC 27604

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Land

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Unit for sale at 3847 Pin Oak Road, Raleigh, NC 27604

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3 Beds
2.5 Baths
1,650 ft²

3847 Pin Oak Road, Raleigh, NC 27604 Listing by John Ozgunduz

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3625 Melrose Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Northeast Raleigh

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions