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3101 Merrianne Drive

3101 Merrianne Drive, Raleigh, NC 27607
Property in Meredith Woods
Sold Jul 07, 2022
$560,000
$280,000 by Movement Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Feb 02, 2018
$335,000
$301,500 by First National Bank Of Pennsyl
Mortgage Due Mar 01, 2048
3101 Merrianne Drive has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1973 and is 51 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3101 Merrianne Drive has 1,620 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,632 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3101 Merrianne Drive sold most recently in Jun 30, 2022 for a total of $560,000. If you work out the math, that's approximately a cost of $345.68 per sqft. Before that, the property was also sold for $335,000 in Feb 2, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,295 in taxes each year. 3101 Merrianne Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,417. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $173,417. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,620
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MEREDITH WOODS SUB
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO87 MEREDITH WOODS SUB SE1

Ownership

  • Current Owner : GIBBENS KAILEY
  • Current Owner 2: GIBBENS TYLER ANDREW
  • Previous Owner : BARO NARDIN ANA LISA
  • Previous Owner 2: BARO JOSHUA
  • Owner Before Previous Owner: J R HUNTLEY HOMES LLC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052504

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0083370
  • District: 11
  • Section: 1
  • Parcel: 0795.10-25-6523 0083370
  • Lot: 87
  • Municipality: MEREDITH
  • Latitude: 35.8256
  • Longitude: -78.6875

    Address

  • Full Address: 3101 Merrianne Dr
  • Address - House Number: 3101
  • Address - Street Name: Merrianne
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C016
  • 4-Digit Zip Code: 3014
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,295

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 545,122
  • High Value: 617,513
  • Low Value: 472,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2022
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $323,417
  • Market Land Value: $150,000
  • Market Improvement Value: $173,417

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,417
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $173,417

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Transaction ID: 11891650150
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 02, 2018
  • Previous Sale Contract Date: Feb 02, 2018
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 07, 2022
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Previous Mortgage Transaction Date: Feb 02, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $301,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Northwest Raleigh



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Frequently Asked Questions

What neighborhood is 3101 Merrianne Drive located in?
The 3101 Merrianne Drive is a located in the neighborhood of Meredith Woods in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 3101 Merrianne Drive?
The average sales price for units in 3101 Merrianne Drive is $0 currently.

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