13 days on rocket

3506 Melrose Dr, Raleigh, NC, 27604

$299,000

Home List Price

$3,551*

Closing Credit

3 Bedrooms
2 Full Baths
1,452 SqFt
$206/SqFt
House
Schools Nearby

Location

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3506 Melrose Dr, Raleigh$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built1965
HeatingOther
CoolingCentral Air
MLS #10024112
Lot Size0.46 Acres
StatusActive

About 3506 Melrose Dr

Promising investment opportunity in the vibrant Raleigh real estate market. The property itself offers 3 bedrooms and 2 bathrooms, providing ample space for potential owners or buyers. It presents an excellent opportunity for investors seeking to capitalize. Low cost for repairs means a higher spread for potential Investors.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Living Area: 1,452 SqFt

Listing Office:

  • Office Name: Beycome Brokerage Realty
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven T Koleno

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wake Early College of Health and Science, Public District Grades 9-12
  • Millbrook High School, Public Magnet Grades 9-12
  • Durant Road Middle School, Public District Grades 6-8
  • Wilburn Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Turn left to Melrose Dr, Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $667
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$430.1K

Med. Price/SqFt

$230

Avg. Days On Market

28

# of Sold Homes

570

3506 Melrose Dr vs Raleigh

13 DAYS ON ROCKET

-15 Days

$299,000

-$131.1K Less

$206/SqFt

-$25 Less

KEY TAKEAWAY

This property is $131.1K less than the Median Sold Price and $25/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10024112

Listing Office:

  • Office Name: Beycome Brokerage Realty
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven T Koleno

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:10:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$667$183,334
2020$656$183,334
2019$528$134,774
2018$502$134,774

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4701057
4
/10

  • Wilburn Elementary School

  • 3707 Marsh Creek Rd

  • 1.13 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4701058
2
/10

  • Durant Road Middle School

  • 10401 Durant Rd

  • 6.79 miles

  • Public District Grades 6-8

High School

school-card-donut-4701059
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 1.34 miles

  • Public District Grades 9-12

school-card-donut-4701060
5
/10

  • Millbrook High School

  • 2201 Spring Forest Rd

  • 4.40 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,237. The most common annual income of people living in Raleigh, NC is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3506 Melrose Dr

What is the listing price of this property?

The listing price of 3506 Melrose Dr property is $299,000.

What type of property is this?

The property 3506 Melrose Dr is a house located in Raleigh, North Carolina, 27604.

Is this property for sale now?

Active Listing: 3506 Melrose Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3506 Melrose Dr are:
Wilburn Elementary School: GreatSchools Rating 4/10
Durant Road Middle School: GreatSchools Rating 2/10
Wake Early College of Health and Science: GreatSchools Rating 10/10
Millbrook High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $667 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3506 Melrose Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3506 Melrose Dr is 1,452 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3506 Melrose Dr is 1965.

Rocket Homes›North Carolina›Wake County›Raleigh›27604›3506 Melrose Dr

This home is located at 3506 Melrose Dr in Raleigh, NC and zip code 27604 in the Sumerset Acres neighborhood. This 1,452 square foot home, which was built in 1965, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $299,000.

While more than 197 listings in Raleigh, NC in April 2024 were sold above asking price, there were more than 139 listings sold at asking price, and more than 234 were sold below. In April 2024 in Raleigh, NC there were 3.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $430,193, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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