NOT LISTED FOR SALE

131 Lock Trail Fayetteville, NC 28312

Estimated Value: $111,000 - $143,667

2 Beds
1 Bath
1,041 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $122,500 $118 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $855/month

46 Days on Market

Highlights

  • 3.9 Acre Lot
  • Corner Lot
  • Front Porch
  • Ranch Style House
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2022

RARE INCOME PRODUCING OPPORTUNITY in close proximity to DOWNTOWN FAYETTEVILLE! Cute house with Rocking Chair Worthy Front Porch. 2 bedroom 1 bath near downtown Fayetteville on 3.9 Acre lot. New LVP flooring, New Appliances, New Gravel Driveway, and new paint. Fully Furnished and Frequently booked. Home is Sold "as is"

Last Agent to Sell the Property

Temp Agent

Temporary Office Listed on: 09/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1952

Lot Details

  • 3.9 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned SF6 - Single Family Res 6

Home Design

  • Ranch Style House

Interior Spaces

  • 1,041 Sq Ft Home
  • Ceiling Fan
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Front Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0447-41-9939

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Lot Features Partially Cleared: Yes
  • General Property Information Carport YN: No
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 169884.0
  • General Property Information Building Project Name3: Home is on the high side of the property that is partially located in a floodzone. Airbnb's income record in Docs. Based on Seller's info from Airbnb. Property being sold "As Is".
  • General Property Information Lot Size Acres: 3.9
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen
  • Basement: Crawl Space, Other
  • Appliances: Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:WasherDryer: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Acres: 3.9
  • Home Warranty: No
  • Patio And Porch Features: Front Porch
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Front Porch: Yes

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Zoning: SF6 - Single Family Res 6
  • Lot Size Sq Ft: 169884.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0447-41-9939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 15, 2022
Sold by
Gilles Marie and Gilles Nevito
Bought by
Murrell William R
Seller's Agent
Temp Agent
Temporary Office
List Price
$119,900
Sold Price
$122,500
Premium/Discount to List
$2,600
2.17%
Views
5
Current Estimated Value
$132,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,667
Avg. Annual Appreciation
2.64%
Original Mortgage
$109,350
Outstanding Balance
$105,959
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$26,208

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 26, 2022
Sold by
Usa Turnkey Llc
Bought by
Gilles Marie and Gilles Nevito
Seller's Agent
ESPERANZA THOMAS
THOMAS REAL ESTATE SERVICES
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.31%
Original Mortgage
$54,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2021
Sold by
Mebane Stacy K and Mebane Cassandra Ann
Bought by
Usa Turnkey Llc

Purchase Details

Closed on
Nov 6, 2017
Sold by
Wynn Gene L and Wynn Lisa Y
Bought by
Mebane Stacy K
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 Buyer Sale Price Title Company
Murrell William R $122,500 --
Gilles Marie $72,000 Jennifer Kirby Fincher Pllc
Usa Turnkey Llc $27,000 None Available
Mebane Stacy K $15,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrell William R $109,350
Previous Owner Gilles Marie $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $122,500 +2.2% $118 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $119,900 +66.5% $115 / Sq Ft
05/09/2022 05/09/22 Sold $72,000 -4.0% $81 / Sq Ft View Prior Sale
03/25/2022 03/25/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $75,000 -- $85 / Sq Ft
Source: Doorify MLS

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 $1,956 $69,083 $29,152 $39,931
2023 $1,753 $69,083 $29,152 $39,931
2022 $1,406 $61,137 $32,018 $29,119
2021 $1,406 $61,137 $32,018 $29,119
2019 $1,371 $81,100 $32,018 $49,082
2018 $1,371 $81,100 $32,018 $49,082
2017 $1,268 $81,100 $32,018 $49,082
2016 $1,039 $72,800 $31,501 $41,299
2015 $1,030 $72,800 $31,501 $41,299
2014 $1,023 $72,800 $31,501 $41,299
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    ESPERANZA THOMAS

    THOMAS REAL ESTATE SERVICES

    (910) 578-8146

    3 in this area

    177 Total Sales

    ESPERANZA THOMAS
    Section Image

  • T

    Seller's Agent in 2022

    Temp Agent

    Temporary Office

See All Agents

Map

Source: Doorify MLS

MLS Number: LP691842

Doorify MLS

APN: 0447-41-9939

North Carolina Cumberland County Fayetteville 28312

131 Lock Trail, Fayetteville, NC

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