NOT LISTED FOR SALE

315 & 317 Lynn Ave Unit 315 & 317 Fayetteville, NC 28301

Brookwood Neighborhood

Estimated Value: $218,323 - $286,000

3 Beds
2 Baths
1,814 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $250,000 $138 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,499/month

5 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • Ceiling Fan
  • Brick Veneer
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Solid income producing duplex with separate driveways and separate backyards with fencing. New roof installed in 2022. Both units have been renovated with new flooring throughout, new paint and refurbished kitchen cabinets. Lights replaced and new ceiling fans installed. New toilets and vanities in bathrooms. Washer & Dryer and appliances convey in both units. Both units are very similar and Unit #315 is now vacant and ready for showings. Unit #315 was leased for $1,020 per month (see attached lease) and Unit #317 is currently leased (month-to-month) for $975 per month (see attached lease). Great opportunity to own a nice all-brick duplex in a convenient location.

Last Agent to Sell the Property

Matthew Barrett

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #304186 Listed on: 11/29/2023

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Last Buyer's Agent

Brandon Loudermilk

KELLER WILLIAMS REALTY (FAYETTEVILLE) License #271747

KELLER WILLIAMS REALTY (FAYETTEVILLE)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1973

Home Design

  • Duplex
  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 1,814 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Laundry on main level

Flooring

  • Laminate
  • Tile

Schools

  • Lucille Souders Elementary School
  • Nick Jeralds Middle School
  • E. E. Smith High School

Additional Features

  • Lot Dimensions are 90x150
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Sadie Heights Subdivision

Listing and Financial Details

  • Tax Lot 28-29
  • Assessor Parcel Number 0439-80-3800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi Family
  • Lot Size: 90x150
  • Road Surface Type: Paved
  • Ownership: More than a year
  • Subdivision Name: SADIE HEIGHTS
  • Directions: Use Google Maps / GPS
  • Architectural Style: Ranch
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 1814.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Brick Veneer

Utilities

  • Laundry Features: Main Level, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Parcel #: 0439-80-3800

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 28-29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Dec 27, 2023
Sold by
Hallmark Lynn Llc
Bought by
Abreckov Karina and Abreckov Luis
Seller's Agent
Matthew Barrett
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
Brandon Loudermilk
KELLER WILLIAMS REALTY (FAYETTEVILLE)
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Views
110
Current Estimated Value
$242,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,196
Avg. Annual Appreciation
-1.31%

Purchase Details

Closed on
Apr 7, 2023
Sold by
Knievel Daniel
Bought by
Hallmark Lynn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
8.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2022
Sold by
Michael Morris James
Bought by
Knievel Daniel and Knievel Spencer Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.42%
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
Abreckov Karina $250,000 None Listed On Document
Hallmark Lynn Llc -- None Listed On Document
Knievel Daniel $150,000 Hutchens Law Firm Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hallmark Lynn Llc $154,500
Previous Owner Knievel Daniel $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $250,000 -2.0% $138 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $255,000 -- $141 / 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
2024 $2,044 $106,288 $14,000 $92,288
2023 $2,044 $106,288 $14,000 $92,288
2022 $1,717 $106,288 $14,000 $92,288
2021 $1,717 $106,288 $14,000 $92,288
2019 $1,647 $83,400 $14,000 $69,400
2018 $1,647 $83,400 $14,000 $69,400
2017 $1,462 $83,400 $14,000 $69,400
2016 $1,300 $86,400 $15,400 $71,000
2015 $1,288 $86,400 $15,400 $71,000
2014 $1,277 $86,400 $15,400 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 716468

Longleaf Pine REALTORS®

APN: 0439-80-3800