$383,000
SOLD APR 2, 2026
2 Beds
4 Baths
2,280 Sq Ft
0.63 Acres Lot

Sale Details

Date Sold: April 2, 2026

$168 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • 0.63 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Colonial Architecture
  • No HOA
  • Patio

About This Home

As of April 2026

SELLER FINANCING OPPORTUNITY! Are you looking to start investing in rental property? Maybe you're interested in living in one side of a duplex and renting out the other? Or maybe you're interested in completing your first renovations? This property holds so much opportunity, just needs someone with a little vision and TLC. 3111 Merrill Court is located just minutes from downtown Raleigh and comes with easy access to HWY 40 and other major roadways. Property is currently rented to two long-term tenants, on a month-to-month lease. Rental opportunity ranges from $1,400-$1,600 per month, per side, with some updates needed - current rental rate is lower than marketed. Property offers a 2 bedroom, 1.5 bath, identical layout on each side. Property does come with the opportunity for Seller Financing making this a hard-to-pass deal! Please contact agent for seller financing details.

Last Agent to Sell the Property

Marisa Chatman

Chatman Realty License #337986 Listed on: 02/23/2026

Last Buyer's Agent

J.T. Smith

EXP REALTY OF PIEDMONT NC LLC License #285033

EXP REALTY OF PIEDMONT NC LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1968

Lot Details

  • 27,443 Sq Ft Lot
  • Property fronts a state road
  • 1 Common Wall
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • 2 Open Parking Spaces

Outdoor Features

  • Patio

Schools

  • Brentwood Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brentwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171511753884000 0037696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,853

Year Built

Built in 1968

Lot Details

0.63 Acres

Listing Details

  • Year Built: 1968
  • Prop. Type: Residential
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: Brentwood Estates
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Private Yard, Fenced Yard
  • Fencing: Back Yard, Chain Link
  • Acres: 0.63
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Siding
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Patio

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: On Site, Paved, Shared Driveway

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Heat Pump, Wood
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Zoning: R-6
  • Lot Size Sq Ft: 27443.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 171511753884000 0037696

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 2853.2
  • Tax Year: 2025
  • Tax Map Number: 26

MLS Schools

  • Elementary School: Wake - Brentwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2026
Closed on
Apr 2, 2026
Sold by
Bunch Warren and Bunch Alice S
Bought by
Merrill Court Llc
Seller's Agent
Marisa Chatman
Chatman Realty
Buyer's Agent
J.T. Smith
EXP REALTY OF PIEDMONT NC LLC
List Price
$400,000
Sold Price
$383,000
Premium/Discount to List
-$17,000
-4.25%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.58%
Original Mortgage
$325,550
Outstanding Balance
$325,550
Interest Rate
6.01%
Mortgage Type
Seller Take Back
Estimated Equity
$69,839

Purchase Details

Closed on
Feb 28, 2022
Sold by
Davis Marie F and Davis Mack
Bought by
Warren Kimrel Bunch and Chatman Marisa

Purchase Details

Closed on
Oct 9, 1992
Bought by
Warren Kimrel and Davis Mack
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $383,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Deed $4,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,550 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Sold $383,000 -4.3% $168 / Sq Ft
02/27/2026 02/27/26 Pending -- -- --
02/23/2026 02/23/26 For Sale $400,000 -- $175 / Sq Ft
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,853 $322,578 $145,000 $177,578
2024 $2,842 $322,578 $145,000 $177,578
2023 $1,945 $174,808 $50,000 $124,808
2022 $1,810 $174,808 $50,000 $124,808
2021 $1,741 $174,808 $50,000 $124,808
2020 $1,710 $174,808 $50,000 $124,808
2019 $1,763 $148,643 $46,000 $102,643
2018 $1,664 $148,643 $46,000 $102,643
2017 $1,586 $148,643 $46,000 $102,643
2016 $1,554 $148,643 $46,000 $102,643
2015 $1,606 $151,240 $52,000 $99,240
2014 $1,525 $151,240 $52,000 $99,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10148162

Doorify MLS

APN: 1715.11-75-3884-000

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