NOT LISTED FOR SALE

1725 Cumberland Dr Fayetteville, NC 28311

Pine Forest Neighborhood

Estimated Value: $141,553 - $296,000

4 Beds
2 Baths
-- Sq Ft
1961 Built

Last Sold May 03, 2024

Last sale price $285,000

Est. 27% decrease in value since last sale

Current estimated payment $1,213/month

10 Days on Market

Highlights

  • Rear Porch
  • Home Security System
  • Baseboard Heating
  • Cooling Available

About This Home

As of May 2024

CALLING ALL INVESTORS!! Fantastic investment opportunity! Two all-brick duplexes, each featuring 2 bedrooms and 1 bathroom. Set on adjoining spacious lots nearly half an acre in size. Three units are currently occupied, presenting immediate rental potential. Renovated interiors including updated carpets, drywall, and roofs. Current landlord pays water and yard maintenance. Additionally, each unit is equipped with individual power meters, enhancing tenant responsibility. With the possibility of rental increases, this multi-family property promises outstanding returns. Act now to seize this highly profitable investment opportunity! Please do not disturb tenants.

Last Agent to Sell the Property

CHLOE THALER

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #263171 Listed on: 04/06/2024

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Last Buyer's Agent

CHLOE THALER

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #263171 Listed on: 04/06/2024

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1961

Home Design

  • Duplex

Interior Spaces

  • Blinds
  • Home Security System
  • Laundry in unit

Outdoor Features

  • Rear Porch
  • Stoop

Schools

  • Pine Forest Middle School
  • Pine Forest Senior High School

Utilities

  • Cooling Available
  • Window Unit Heating System
  • Baseboard Heating
  • Septic Tank

Community Details

  • 4 Units
  • Eureka Sprg Subdivision

Listing and Financial Details

  • The owner pays for grounds care, water
  • Assessor Parcel Number 0520-48-9960 ; 0520-58-0763

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$866

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi Family
  • Road Surface Type: Paved
  • Ownership: More than a year
  • Subdivision Name: EUREKA SPRG
  • Directions: All American Fwy toward Fort Liberty/Pope AAF, Take the exit toward NC-24/NC-87/NC-210/Bragg Blvd/Murchison Rd onto NC-295 N., Keep left onto NC-295 N toward I-95 N., Take exit 25B toward McArthur Rd North, Turn right onto McArthur Rd, Turn left onto Honeycutt Rd., Turn left onto Church St., Turn right onto Cumberland Dr. Go for 308 ft.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1961
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care, Water
  • Interior Amenities: Window Treatments
  • Window Features: Blinds

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Porch, Private Yard
  • Patio And Porch Features: Rear Porch, Stoop

Utilities

  • Laundry Features: In Unit
  • Security: Security System
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Window Unit
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Parcel #: 0520-48-9960 ; 0520-58-0763
  • Zoning Description: R6A - Residential District

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
Apr 30, 2024
Sold by
Trioaks Capital Llc
Bought by
Cmnc Properties Llc
Seller's Agent
CHLOE THALER
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
CHLOE THALER
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$375,000
Sold Price
$285,000
Premium/Discount to List
-$90,000
-24%
Current Estimated Value
$209,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,612
Avg. Annual Appreciation
-14.39%

Purchase Details

Listed on
Apr 6, 2024
Closed on
Apr 26, 2024
Sold by
Mercer Holdings Llc
Bought by
Trioaks Capital Llc
Seller's Agent
CHLOE THALER
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
CHLOE THALER
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$375,000
Sold Price
$285,000
Premium/Discount to List
-$90,000
-24%
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
Cmnc Properties Llc $285,000 Magnolia Title & Escrow
Trioaks Capital Llc $285,000 Tryon Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $285,000 -24.0% --
04/17/2024 04/17/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $375,000 -- --
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 $866 $74,971 $7,500 $67,471
2023 $866 $74,971 $7,500 $67,471
2022 $718 $74,971 $7,500 $67,471
2021 $718 $74,971 $7,500 $67,471
2019 $718 $60,700 $7,500 $53,200
2018 $696 $60,700 $7,500 $53,200
2017 $696 $60,700 $7,500 $53,200
2016 $629 $59,000 $6,000 $53,000
2015 $629 $59,000 $6,000 $53,000
2014 $629 $59,000 $6,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CHLOE THALER

    COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

    (910) 635-6186

    3 in this area

    73 Total Sales

    CHLOE THALER
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 722454

Longleaf Pine REALTORS®

APN: 0520-48-9960

North Carolina Cumberland County Fayetteville 28311 Pine Forest

1725 Cumberland Dr, Fayetteville, NC

This home is located at 1725 Cumberland Dr, Fayetteville, NC 28311 since 06 April 2024 and is currently estimated at $209,388. This property was built in 1961. 1725 Cumberland Dr is a home located in Cumberland County with nearby schools including William T. Brown Elementary School, Pine Forest 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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