NOT LISTED FOR SALE

3617 Melrose Dr Raleigh, NC 27604

Northeast Raleigh Neighborhood

Estimated Value: $239,000 - $290,000

Studio
-- Bath
1,200 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 3617 Melrose Dr, Raleigh, NC 27604 and is currently estimated at $268,012, approximately $223 per square foot. 3617 Melrose Dr is a home located in Wake County with nearby schools including Wilburn Elementary, Durant Road Middle, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Poole Bailey Elizabeth
Bought by
Lowe Matthew Bailey
Current Estimated Value
$268,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$166,130
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$101,882
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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 Buyer Sale Price Title Company
Lowe Matthew Bailey $200,000 Jackson Law Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Matthew Bailey $180,000
Source: Public Records

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 $1,797 $277,861 $105,000 $172,861
2024 $1,746 $277,861 $105,000 $172,861
Source: Public Records

Map

North Carolina Wake County Raleigh 27604 Northeast Raleigh

3617 Melrose Dr, Raleigh, NC

Not Listed for Sale

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