NOT LISTED FOR SALE

1623 & 1629 Reeves St Fayetteville, NC 28306

Douglas Byrd Neighborhood

Estimated Value: $136,000 - $163,867

2 Beds
1 Bath
-- Sq Ft
0.28 Acres

Last Sold May 20, 2022

Last sale price $138,200

Est. 8% increase in value since last sale

Current estimated payment $901/month

12 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Baseboard Heating
  • No HOA
  • Bungalow

About This Home

As of May 2022

Investor Special! Earn some immediate cash flow with this tenant occupied property. Renovations from 2021: Updated Roof and Septic Tank pumped on both homes. 1623 Reeves st has a renovated bathroom, new water heater 2022, new window a/c unit, some updated electrical 2022. Tenants on month to month lease. Text or call listing agent, Alexandria Boykin for more information. CASH ONLY. Don't let this great opportunity slip through the cracks. This lot includes 2 homes, both tenant occupied. DO NOT DISTRUB TENANTS, NO TRESSPASSING.

Last Agent to Sell the Property

Alexandria Boykin

FATHOM REALTY NC, LLC FAY. License #307440 Listed on: 02/25/2022

FATHOM REALTY NC, LLC FAY.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1938

Lot Details

  • 0.28

Home Design

  • Bungalow

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Septic Tank

Additional Features

  • Crawl Space
  • Front Porch
  • Property is zoned SF6 - Single Family Res 6

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0436-25-6272

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Prop. Type: Residential
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Flooring Tile: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Architectural Style Bungalow: Yes
  • General Property Information Carport YN: No
  • General Property Information Building Project Name3: Tenant's rent is $525 & $575 monthly and is on month to month lease, rent includes pet fee. Tenant has never missed a payment. Do NOT Disturb tenants, no Trespassing. Offer must be accepted prior to access. Text or call listing agent Alexandria Boykin for more info. Buyer to confirm School Districts as its unknown. CASH ONLY. Being sold "as is". Properties can not be sold individually due to lot
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Basement:Crawl Space: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Home Warranty: No
  • Patio And Porch Features: Front Porch
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Zoning: SF6 - Single Family Res 6
  • Parcel #: 0436-25-6272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 20, 2022
Sold by
Marsha Properties Llc
Bought by
P North Carolina Investment Group Llc
Seller's Agent
Alexandria Boykin
FATHOM REALTY NC, LLC FAY.
List Price
$67,500
Sold Price
$138,200
Premium/Discount to List
$70,700
104.74%
Current Estimated Value
$149,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,517
Avg. Annual Appreciation
2.35%
Original Mortgage
$35,000
Outstanding Balance
$33,249
Interest Rate
5.25%
Mortgage Type
Seller Take Back
Estimated Equity
$116,468

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 19, 2022
Sold by
Marsha Properties Llc
Bought by
P Nc Investment Group Llc
Seller's Agent
Alexandria Boykin
FATHOM REALTY NC, LLC FAY.
List Price
$67,500
Sold Price
$138,200
Premium/Discount to List
$70,700
104.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$33,249
Interest Rate
5.25%
Mortgage Type
Seller Take Back
Estimated Equity
$116,468

Purchase Details

Closed on
Dec 7, 2020
Sold by
Beasley Judy C and Beasley John T
Bought by
Marsha Properties Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Person Marion B
Bought by
Beasley John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.16%
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
P North Carolina Investment Group Llc $138,500 Lakhiani Law Pllc
P Nc Investment Group Llc $138,500 None Listed On Document
Marsha Properties Llc $36,500 Tiago Title
Beasley John T $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P North Carolina Investment Group Llc $35,000
Closed P Nc Investment Group Llc $35,000
Previous Owner Beasley John T $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $138,200 +104.7% --
03/09/2022 03/09/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $67,500 -- --
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 $1,420 $34,994 $8,750 $26,244
2023 $1,376 $34,994 $8,750 $26,244
2022 $1,088 $34,994 $8,750 $26,244
2021 $1,088 $34,994 $8,750 $26,244
2019 $1,018 $34,994 $8,750 $26,244
2018 $1,018 $34,994 $8,750 $26,244
2017 $833 $34,994 $8,750 $26,244
2016 $667 $35,347 $8,750 $26,597
2015 $662 $35,347 $8,750 $26,597
2014 $651 $35,347 $8,750 $26,597
Source: Public Records

Agents Affiliated with this Home

  • Alexandria Boykin

    Seller's Agent in 2022

    Alexandria Boykin

    FATHOM REALTY NC, LLC FAY.

    (910) 644-0628

    8 in this area

    52 Total Sales

    Alexandria Boykin
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Map

Source: Doorify MLS

MLS Number: LP678497

Doorify MLS

APN: 0436-25-6272

North Carolina Cumberland County Fayetteville 28306 Douglas Byrd

1623 & 1629 Reeves St, Fayetteville, NC

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