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Condominium Development (Association Assessment)Residential
Last sold for $620,000 on Sep 16, 2015

217 MERRELL DR

RALEIGH, NC 27610
1.42 ac
Lot SizeThe size of the land the home sits on, from county records.
Built 19873 floors12 units792–792 ft²
$1.6M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$133K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$168
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-3.1%vs the Raleigh ZIP median sale $/ft² ($173)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2005201220132015
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2005201220132015

16 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$131K$135K$138K$142K792 ft²792 ft²792 ft²792 ft²792 ft²792 ft²
Studio
Studio
12 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 792 ft²
12 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$131K–$131K
2 units
$133K–$133K
9 units
$142K–$142K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$171/ft²
Floor 2
$167/ft²
Floor 3
$167/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·03
$171/ft²
Line ·01
$168/ft²
Line ·02
$168/ft²
Line ·04
$167/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.0%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.100%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.11.1 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.0%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$165,017
Median tax billThe middle annual property tax bill among the building's units.$1,015
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 103Sep 16, 2015$620,000Unit 101Sep 16, 2015$620,000Unit 102Sep 16, 2015$620,000Unit 104Sep 16, 2015$620,000Unit 201Sep 16, 2015$620,000Unit 202Sep 16, 2015$620,000Unit 203Sep 16, 2015$620,000Unit 204Sep 16, 2015$620,000Unit 301Sep 16, 2015$620,000Unit 302Sep 16, 2015$620,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.32
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium Development (Association Assessment)
CountyWake
Lot (acres)The size of the land the home sits on, from county records.1.42
HeatingThe type of heating system in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Enloe Magnet High SchoolA
High · Grades 9–12 · 1.4 mi
M
Dillard Drive Magnet Middle SchoolC+
Middle · Grades 6–8 · 8.4 mi
E
Oak Grove Elementary SchoolA-
Elementary · Grades PK–5 · 12.5 mi

District: Wake County Public Schools

Neighborhood · ZIP 27610These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.79,664
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,910 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$69,934
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,883
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

217 Merrell Dr
$149K
217 Merrell Dr Apt 101
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 102
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 103
2 ba · 792 ft²
$142K
217 Merrell Dr Apt 104
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 201
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 202
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 203
2 ba · 792 ft²
$131K
217 Merrell Dr Apt 204
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 301
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 302
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 303
2 ba · 792 ft²
$133K
217 Merrell Dr Apt 304
2 ba · 792 ft²
$131K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 217 Merrell Dr

How many units are in 217 Merrell Dr, Raleigh, NC?

217 Merrell Dr, Raleigh, NC has 12 residential units across 3 floors, built in 1987, according to county assessor records.

What is a unit at 217 Merrell Dr, Raleigh, NC worth?

The median TopHap Estimate across the 12 units at 217 Merrell Dr, Raleigh, NC is $132,704. That works out to $168 per square foot. Units run from 792 to 792 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 217 Merrell Dr, Raleigh, NC expensive for Raleigh?

Units at 217 Merrell Dr, Raleigh, NC carry a median of $168 per square foot, 3% below the Raleigh median of $173 per square foot.

How often do units sell at 217 Merrell Dr, Raleigh, NC?

0 units at 217 Merrell Dr, Raleigh, NC sold in the last 12 months, out of 16 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 217 Merrell Dr, Raleigh, NC appreciated?

Across 3 repeat sales of the same unit, 217 Merrell Dr, Raleigh, NC returned a median 177.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 2.8 years.

What floor plans does 217 Merrell Dr, Raleigh, NC have?

The most common plan at 217 Merrell Dr, Raleigh, NC is a 0-bedroom of 792 square feet, repeated 12 times, with a median estimate of $132,704. TopHap identifies 1 recurring plans in the building.

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