NOT LISTED FOR SALE

2705 Preston Woods Ln Unit 9 Fayetteville, NC 28304

Terry Sanford Neighborhood

Estimated Value: $89,000

2 Beds
2 Baths
1,124 Sq Ft
$180/mo HOA Fee

Last Sold June 19, 2019

Last sale price $65,000 $58 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $750/month

49 Days on Market

Highlights

  • Cathedral Ceiling
  • Community Pool
  • Brick Veneer
  • Granite Countertops
  • Balcony
  • Entrance Foyer

About This Home

As of June 2019

Hello Home! Private and well maintained third floor unit close to everything, yet still tucked away. A ton of upgrades the only thing missing is you. Updated Trane HVAC system, updated flooring, updated fixtures, updated counter tops, and even updated cabinetry. Welcoming entry way which leads to the spacious living and dinning area, but don't forget the vaulted ceilings. Spacious bedrooms, with a vaulted ceiling master. Pool view balcony perfect for relaxing, or entertaining. Third floor location allows for you to retain your privacy, while still enjoying the beautiful natural lighting from all the windows. The perfect unit, in the perfect community. Come take a look today, this one will not last long!

Last Agent to Sell the Property

CARINA WALKER

EXP REALTY LLC License #300841 Listed on: 03/07/2019

Last Buyer's Agent

DELLMARIE PITTMAN

TOWNSEND REAL ESTATE License #266796

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1990

Lot Details

  • 1,002

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,124 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Glendale Acres Elementary School
  • Max Abbott Middle School
  • Terry Sanford Senior High School

Additional Features

  • Balcony
  • Property is in good condition
  • Heat Pump System

Listing and Financial Details

  • Exclusions: owner's personal property
  • Assessor Parcel Number 0427-20-0254-301

Community Details

Overview

  • Preston Wood HOA
  • Preston Wood Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,090

Year Built

Built in 1990

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.023
  • Inclusions: refrigerator
  • Ownership: More than a year
  • Subdivision Name: PRESTON WOOD
  • Directions: From Raeford Road to Marlborough Road. Left on Preston Woods Lane then first right, next left and building will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1990
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Granite Counters, Living/Dining Room, Vaulted Ceiling(s)
  • Living Area: 1124.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Exclusions: owner's personal property
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Preston Wood HOA
  • Association: Yes

Schools

  • Elementary School: Glendale Acres Elementary (K-2)
  • High School: Terry Sanford Senior High
  • Middle Or Junior School: Max Abbott Middle School

Lot Info

  • Parcel #: 0427-20-0254-301
  • Zoning Description: MR5 - Mixed Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jun 19, 2019
Sold by
Sanders Troy L
Bought by
Sapp Heather Michelle
Seller's Agent
CARINA WALKER
EXP REALTY LLC
Buyer's Agent
DELLMARIE PITTMAN
TOWNSEND REAL ESTATE
List Price
$71,900
Sold Price
$65,000
Premium/Discount to List
-$6,900
-9.6%
Current Estimated Value
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Original Mortgage
$57,000
Outstanding Balance
$51,039
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Longhany Brenda L
Bought by
Sanders Troy L

Purchase Details

Closed on
Jul 13, 2007
Sold by
Stephens James F
Bought by
Longhany Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Bumgarner Lori A
Bought by
Stephens James F
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
Sapp Heather Michelle $65,000 Single Source Real Est Svcs
Sanders Troy L $85,000 --
Longhany Brenda L $85,000 --
Stephens James F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sapp Heather Michelle $57,000
Closed Sapp Heather Michelle $8,000
Previous Owner Sanders Troy Lee $55,747
Previous Owner Longhany Brenda L $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $65,000 -9.6% $58 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $71,900 -- $64 / Sq Ft
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
2019 $1,090 $78,400 $8,000 $70,400
2018 -- $78,400 $8,000 $70,400
2017 -- $78,400 $8,000 $70,400
2016 -- $86,100 $8,000 $78,100
2015 -- $86,100 $8,000 $78,100
2014 -- $86,100 $8,000 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 602133

Longleaf Pine REALTORS®

APN: 0427-20-0254-301