$680,000
SOLD NOV 1, 2024

1217 Pineview St Unit 1-8 Fayetteville, NC 28311

Kings Grant Neighborhood
-- Bed
-- Bath
-- Sq Ft
1976 Built

Recently Sold

6% Below List Price

9 Days on Market

Highlights

  • Brick Veneer
  • Tile Flooring
  • Baseboard Heating
  • Bathtub with Shower
  • Combination Kitchen and Dining Room
  • Partially Fenced Property

About This Home

As of November 2024

Prime Investment Opportunity!8 units in 2 quads at the end of a quiet street features eight 2-bedroom, 1-bath units, making it an ideal investment with great income potential.Newly Renovated Units: 1 quad has been completely renovated with modern finishes and are currently vacant, offering the perfect opportunity to attract new tenants.New framing, firewall between each unit, new electric, new plumbing, new windows and doors, new appliances, new hvac, new flooring, bathroom and kitchen, new insulation, new roof, freshly painted in and outsideUpdated Units: The other quad is occupied and has been updated, providing immediate rental income. This property offers a balanced mix of renovated and income-producing units, making it an excellent choice for both new and experienced investors.

Last Agent to Sell the Property

KIMBERLY BUNNELL

EXP REALTY LLC License #322082 Listed on: 08/23/2024

EXP REALTY LLC

Last Buyer's Agent

Rebecca Smith

NON MEMBER COMPANY License #none

NON MEMBER COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1976

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Brick Veneer
  • Frame Construction

Interior Spaces

  • Bathtub with Shower
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Flooring

  • Tile
  • Vinyl

Schools

  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • No Cooling
  • Window Unit Heating System
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • 8 Units
  • College Lakes Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, management, repairs, roof maintenance, taxes
  • Assessor Parcel Number 0520-88-4124
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Subdivision Name: COLLEGE LAKES
  • Directions: https://maps.app.goo.gl/kxBtedG5Bt4XfcaF9
  • Structure Type: Townhouse
  • Year Built: 1976
  • Property Sub Type Additional: Townhouse,Other
  • Special Features: None

Interior Features

  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Repairs, Roof Maintenance, Taxes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Kitchen/Dining Combo, Tub Shower

Exterior Features

  • Fencing: Partial
  • Lot Features: Dead End
  • Construction Type: Brick Veneer, Frame
  • Exterior Features: Fence

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Exhaust Fan, Separate Meters, Window Unit
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0520-88-4124

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 31, 2024
Sold by
Pineview Street Llp
Bought by
Mr1 Ventures Llc
Seller's Agent
KIMBERLY BUNNELL
EXP REALTY LLC
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$720,000
Sold Price
$680,000
Premium/Discount to List
-$40,000
-5.56%
Views
16
Current Estimated Value
$609,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,940
Avg. Annual Appreciation
-11.29%
Original Mortgage
$615,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2022
Sold by
Trioaks Capital Llc
Bought by
Pineview Street Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,305
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2022
Sold by
Aren Investments Llc
Bought by
Trioaks Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,305
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2022
Sold by
Michaud Jeffrey A and Michaud Kristin A
Bought by
Aren Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2019
Sold by
Mclean Freddie and Mclean Kanice
Bought by
Papier Properties Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $680,000 None Listed On Document
Warranty Deed $680,000 None Listed On Document
Warranty Deed $322,000 Tryon Title
Warranty Deed $272,500 --
Warranty Deed $230,000 None Listed On Document
Warranty Deed $105,000 Single Source Real Est Svcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $615,000 Construction
Previous Owner $465,305 New Conventional
Previous Owner $172,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $680,000 -5.6% --
09/01/2024 09/01/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $720,000 -- --
Source: Longleaf Pine REALTORS®

Tax History Compared to Growth

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
2024 $2,552 $203,372 $9,375 $193,997
2023 $2,552 $131,116 $9,375 $121,741
2022 $1,534 $131,116 $9,375 $121,741
2021 $1,534 $131,116 $9,375 $121,741
2019 $1,534 $131,116 $9,375 $121,741
2018 $1,485 $131,116 $9,375 $121,741
2017 $1,485 $131,116 $9,375 $121,741
2016 $1,430 $137,130 $7,500 $129,630
2015 $1,211 $112,875 $7,500 $105,375
2014 $1,019 $112,875 $7,500 $105,375
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    KIMBERLY BUNNELL

    EXP REALTY LLC

    (910) 916-8893

    5 in this area

    61 Total Sales

    KIMBERLY BUNNELL
    Section Image
  • Rebecca Smith

    Buyer's Agent in 2024

    Rebecca Smith

    NON MEMBER COMPANY

    (510) 527-9111

    49 in this area

    4,311 Total Sales

    Rebecca Smith
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 730989

Longleaf Pine REALTORS®

APN: 0520-88-4124

North Carolina Cumberland County Fayetteville 28311 Kings Grant

1217 Pineview St Unit 1-8, Fayetteville, NC

This home is located at 1217 Pineview St Unit 1-8, Fayetteville, NC 28311 and is currently priced at $680,000. This property was built in 1976. 1217 Pineview St Unit 1-8 is a home located in Cumberland County with nearby schools including College Lakes Elementary, Spring Lake Middle, and Pine Forest High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Longleaf Pine REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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