NOT LISTED FOR SALE

1501 Converse Ave Fayetteville, NC 28303

Estimated Value: $131,000 - $194,000

3 Beds
2 Baths
1,188 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $50,000 $42 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,092/month

22 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Corner Lot
  • Deck
  • Secondary Bathroom Jetted Tub
  • Granite Countertops

About This Home

As of July 2017

-Single family ranch brick home in an established neighborhood & convenient location. Features include 3 bedrooms, 2 baths, living room, kitchen, formal dining room, decks on front & rear of home, inground swimming pool, large corner lot & detached single garage. Need repairs but incredible opportunity for investor or owner occupant. $60k below tax value and SOLD AS-IS! Built prior to 1978 and lead-based paint may be present!

Last Agent to Sell the Property

William McNeill

COLDWELL BANKER ADVANTAGE - YADKIN ROAD License #244476 Listed on: 05/28/2017

COLDWELL BANKER ADVANTAGE - YADKIN ROAD

Last Buyer's Agent

CARLOS RAMOS III

CENTURY 21 The Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1957

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Property is in average condition
  • Zoning described as SF10 - Single Family Res 10

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 1,188 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Westarea Elementary School
  • Nick Jeralds Middle School
  • E. E. Smith High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Kornbow Subdivision

Listing and Financial Details

  • Exclusions: -NONE
  • Legal Lot and Block 21 / I
  • Assessor Parcel Number 0419807732

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: -NONE
  • Ownership: Less than a year
  • Subdivision Name: KORNBOW
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Jetted Tub, Master Downstairs, Separate Shower, Walk-In Closet(s)
  • Living Area: 1188.0

Exterior Features

  • Fencing: Back Yard, Privacy
  • Lot Features: <1 Acre
  • Pool Features: In Ground, Pool
  • Exclusions: -NONE
  • Construction Type: Brick Veneer
  • Exterior Features: Corner Lot, Deck, Fence
  • Patio And Porch Features: Deck
  • Property Condition: Average Condition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Westarea Elementary
  • High School: E. E. Smith High
  • Middle Or Junior School: Nick Jeralds Middle School

Lot Info

  • Parcel #: 0419807732
  • Zoning Description: SF10 - Single Family Res 10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: I
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Cheruiyot Maureen Chepkoech
Bought by
Cheruiyot Philomena and Cheruiyot Maureen Chepkoech
Current Estimated Value
$168,011

Purchase Details

Listed on
May 28, 2017
Closed on
Jul 10, 2017
Sold by
Cheruiyot Philomena
Bought by
Cheruiyot Maureen Chepkoech
Seller's Agent
William McNeill
COLDWELL BANKER ADVANTAGE - YADKIN ROAD
Buyer's Agent
CARLOS RAMOS III
CENTURY 21 The Realty Group
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
May 11, 2017
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Veterans Affairs An Officer

Purchase Details

Closed on
May 8, 2017
Sold by
Trustee Services Of Carolina Llc Substit and Sanford Donnovan Michael
Bought by
Freedom Mortgage Corporation Its Success

Purchase Details

Closed on
Jul 23, 2010
Sold by
Archibald Bruce Willis
Bought by
Sanford Donnovan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,322
Interest Rate
4.73%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2004
Sold by
Chapman Bobby
Bought by
Archibald Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Cheruiyot Philomena -- None Listed On Document
Cheruiyot Philomena -- None Listed On Document
Cheruiyot Maureen Chepkoech -- None Available
Cheruiyot Philomena -- None Available
Secretary Of Veterans Affairs An Officer -- None Available
Freedom Mortgage Corporation Its Success $49,590 None Available
Sanford Donnovan M $108,000 --
Archibald Bruce $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanford Donnovan M $110,322
Previous Owner Archibald Bruce $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2017 07/11/17 Sold $50,000 0.0% $42 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $50,000 0.0% $42 / Sq Ft
05/30/2013 05/30/13 Rented -- -- --
04/30/2013 04/30/13 Under Contract -- -- --
04/19/2013 04/19/13 For Rent -- -- --
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 $2,528 $103,253 $12,500 $90,753
2023 $1,748 $103,253 $12,500 $90,753
2022 $1,539 $103,253 $12,500 $90,753
2021 $1,539 $103,253 $12,500 $90,753
2019 $1,504 $91,300 $12,500 $78,800
2018 $1,504 $91,300 $12,500 $78,800
2017 $1,401 $91,300 $12,500 $78,800
2016 $1,486 $108,800 $11,000 $97,800
2015 $1,471 $108,800 $11,000 $97,800
2014 $1,464 $108,800 $11,000 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 521451

Longleaf Pine REALTORS®

APN: 0419-80-7732