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Homes/North Carolina/Raleigh/3716 Dusty Ln
CompCasa Property Analysis · single_family

3716 Dusty Ln

Charming Ranch with Hardwood Floors and Renovation Upside

Single-story 3BR/2BA on a level 0.19-acre lot near parks and greenway

3 beds2 baths1,359 sq ftBuilt 19780.19 acresnone
CompCasa valuation analysis
Estimated market value
$305,000
Low $290,000 · Midpoint $305,000 · High $320,000
Confidence75%Sales comparison approach
Last recorded sale$108,000Apr 8, 1998
Assessed value$251,8252025 assessment
CompCasa estimate$305,000Mar 6, 2026
Estimate vs. last recorded sale+$197,000 / +182.4%
$290,000$305,000 midpoint$320,000
Price / sq ft$224
Median sale price$345,000
Avg days on market38 days
Inventory2.5 months

Sales comparison approach using neighboring property data and market trends. Adjusted for size, condition, and age. Assessed value of $251,825 appears below market.

About the property

Charming Ranch with Hardwood Floors and Renovation Upside

This single-story ranch presents a clear value story: original 1978 character with hardwood floors and a level .19-acre lot just a short walk from Buffaloe Road Athletic Park and the Neuse River Greenway. At roughly 1,359 square feet, the layout reads as practical and comfortable — three bedrooms and two bathrooms arranged for easy daily living, central AC and forced-air heating keeping systems straightforward, and driveway parking for two. The home’s footprint and R-4 zoning also create possibilities for an accessory dwelling unit or incremental improvements that add measurable value.

Walking the property you feel the period details — hardwoods underfoot in the main rooms, original fixtures that speak to sound construction — alongside sensible, modern essentials like municipal water/sewer and Duke Energy service. The roof is asphalt shingle (age unknown), and the overall condition is described as average; for buyers seeking a turnkey flip, cosmetic refreshes and targeted system upgrades would unlock quick upside. Comparable sales on Dusty Lane and within a half-mile show recent closings in the $290k–$305k range, supporting a market valuation in the $290k–$320k corridor.

Location is a defining asset. The home sits in Northeast Raleigh with quick access to Buffaloe Road (0.2 miles to Buffaloe Rd), local athletic fields, and greenway trails that make outdoor activity a daily option. Triangle Town Center and WakeMed Raleigh Campus are within a short drive, making commutes and errands convenient while preserving the quieter, residential character of this block.

Buyers should view this property as a practical entry into a steady-appreciating submarket: the assessed value here ($251,825) is below neighbor-driven market estimates, presenting potential immediate equity for a buyer who completes prioritized due diligence. Required verifications include roof assessment, permit reviews for any prior renovations, and a professional home inspection — standard steps to confirm condition and scope for value-add work. Given current market dynamics in Northeast Raleigh, this ranch is well positioned for a buyer who wants a livable home now with clear renovation and rental possibilities down the line.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$297,225
Property address3741 Dusty Ln, Raleigh, NC 27604
3 bed2 bath1,359 sq ftBuilt 19780.1 mi8,276 sq ft lot$219/SF
Sold Nov 15, 2025
Subject difference
  • Same living area
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and age, updated kitchen and bathrooms
02Sold price$290,368
Property address3732 Dusty Ln, Raleigh, NC 27604
3 bed1.5 bath1,343 sq ftBuilt 19780.2 mi8,276 sq ft lot$216/SF
Sold Oct 2, 2025
Subject difference
  • 16 SF smaller
  • 0.5 fewer bathrooms
  • Similar lot size
  • Same year built
Research comparison noteSlightly smaller, 1.5 baths, comparable condition
03Sold price$304,479
Property address3717 Dusty Ln, Raleigh, NC 27604
3 bed1.5 bath1,412 sq ftBuilt 19770.1 mi8,712 sq ft lot$216/SF
Sold Sep 18, 2025
Subject difference
  • 53 SF larger
  • 0.5 fewer bathrooms
  • Similar lot size
  • 1 year older
Research comparison noteSlightly larger, 1.5 baths, updated flooring
Comp methodology: Focused on single-family homes within 0.5 miles in Northeast Raleigh sold or leased in last 6 months for maximum relevance
Property details

A 1978 ranch on 0.19 acres.

Building

Year built1978
ConstructionWood Frame
RoofAsphalt Shingle
Heatingforced air
Coolingcentral AC

Site & utilities

Lot size0.19 acres
Garagenone
Stories1
ConditionAverage
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, hardwood floors, original fixtures
Lot area8,276 sq ft
TopographyLevel
FrontageStandard residential frontage on Dusty Ln
ParkingDriveway
Parking spaces2
Parking notesDriveway parking for two vehicles
AccessStandard residential driveway access from Dusty Ln
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Northeast Raleigh

Researched nearby locations

Buffaloe Road Athletic Park (0.5 mi)
WakeMed Raleigh Campus (3 mi)
Triangle Town Center (4 mi)
Neuse River Greenway Trail (1 mi)

Location

3716 Dusty Ln, Raleigh, NC 27604

View in Google Maps
Editorial neighborhood context

Northeast Raleigh blends quiet residential streets with convenient access to amenities. Families and professionals value proximity to Buffaloe Road Athletic Park and the Neuse River Greenway for recreation, while WakeMed and Triangle Town Center are only a short drive away. Demographics show steady population and income growth, and the community maintains a practical, suburban feel with local shopping corridors and established schools. The area’s recent appreciation and limited inventory make it appealing for both owner-occupiers and investors seeking a stable Raleigh submarket.

Nearby access summary

Very good access to outdoor recreation with Buffaloe Road Athletic Park about 0.5 miles away and the Neuse River Greenway within roughly 1 mile; convenient trails and parks for daily walking, biking, and team sports.

ElementaryWilburn Elementary (2/10)
Middle schoolDurant Road Middle (5/10)
High schoolHeritage High (7/10)
School districtWake County Public School System
Market context

A factual market snapshot around 3716 Dusty Ln.

Median sale price$345,000
Avg days on market38 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Northeast Raleigh is currently tilted toward sellers: inventory sits near 2.5 months and homes in this submarket average about 38 days on market. Median sale price for the area is approximately $345,000, with one-year appreciation near 5% and five-year appreciation around 25% — indicators of steady demand and longer-term growth. Single-family homes like this ranch typically perform well, moving quickly when priced in-line with comps; recent sales within a half-mile recorded prices from $290,368 to $304,479 with price-per-square-foot metrics in the low-$200s ($216–$224/ft²). Rental demand in the neighborhood remains solid too — estimate rent for a comparable 3BR is about $1,800/month (rent-per-sf ~1.32), so this property can appeal to buy-and-hold investors as well as owner-occupants. Low inventory and proximity to parks, healthcare, and retail create a favorable window for buyers who act promptly and factor in modest renovation budgets. That said, buyers should undertake standard due diligence — roof inspection, permit verification, and system assessments — to calibrate renovation timing and costs.

Zoning & land use

Residential-4

Zoning

Zoning codeR-4
DescriptionResidential-4
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$95,000
Assessed improvements$156,825
Total assessed$251,825
Assessment year2025
Annual property tax$2,216
Tax year2025

Sale history

1998-04-08$108,000 · $79/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,050/mo
Property address3716 Lancelot Ct, Raleigh, NC 27604
3 bed2.5 bath2,412 sq ft$0.85/SF
Leased Mar 28, 2025
Subject difference
  • 1,053 SF larger
  • 0.5 additional bathrooms
Research comparison noteLarger home, updated interior, desirable location
02Monthly rent$1,595/mo
Property address3716 Pine Knoll Dr, Raleigh, NC 27604
3 bed2 bath1,436 sq ft$1.11/SF
Leased Jul 20, 2025
Subject difference
  • 77 SF larger
Research comparison noteSimilar size, updated kitchen, hardwood floors
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value $251,825 (land $95K, improvements $156,825) — annual taxes $2,216
  • Zoned R-4 — allows single-family and accessory dwelling units
  • Comparable sales within 0.5 miles in last 6 months range $290K–$320K
  • Average days on market in Northeast Raleigh: 38 days (seller's market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm zoning restrictions and allowances
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

8 highlights
01Ranch-style single-story living
02Original hardwood floors
03Level .19-acre lot
04Zoned R-4 — potential for ADU
05Assessed value below neighborhood market
06Estimated market value $290K–$320K
07Strong nearby park and trail access
08Estimated rental income: $1,800/month

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Hardwood floors in main living areas
  • Original period fixtures (1978)
  • Central AC and forced-air heating
  • One-level ranch layout
  • Approx. 1,359 sq ft

Exterior & Lot

  • Level 0.19-acre lot (approx. 8,276 sqft)
  • Driveway parking for two vehicles
  • Asphalt shingle roof (age unknown — verify)
  • Standard residential frontage on Dusty Ln
  • Wood-frame construction
  • Zoned R-4 (allows accessory dwelling unit)

Location & Neighborhood

  • 0.5 mile to Buffaloe Road Athletic Park
  • 1 mile to Neuse River Greenway Trail
  • Approx. 3 miles to WakeMed Raleigh Campus
  • Approx. 4 miles to Triangle Town Center
  • Steady appreciation in Northeast Raleigh

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces: Buffaloe Road Athletic Park
  • Neuse River Greenway Trail within 1 mile
  • Easy driving access to retail and services (Buffaloe Rd)
  • Community recreation facilities within short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing for 3741 Dusty Ln, Raleigh, NC 27604View source
2
Redfin listing for 3732 Dusty Ln, Raleigh, NC 27604View source
3
Redfin listing for 3717 Dusty Ln, Raleigh, NC 27604View source
4
Zillow listing for 3716 Lancelot Ct, Raleigh, NC 27604View source
5
Redfin listing for 3716 Pine Knoll Dr, Raleigh, NC 27604View source
6
City of Raleigh zoning informationView source
7
Wake County tax recordsView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.
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