NOT LISTED FOR SALE

486 Mcbain Dr Fayetteville, NC 28305

Terry Sanford Neighborhood

Estimated Value: $135,666 - $166,000

2 Beds
1 Bath
884 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $50,000 $57 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $955/month

68 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Carpet

About This Home

As of July 2020

Excellent opportunity for an investor. Cozy home in the Cape Fear Valley hospital area. Being sold as is. Perfect to add to your rental portfolio or to rehab and live in. Easy to show.

Last Agent to Sell the Property

Grant Singleton

RE/MAX CHOICE License #125938 Listed on: 04/10/2020

RE/MAX CHOICE

Last Buyer's Agent

MARGARET STRICKLAND

RUSSELL REAL ESTATE License #.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1955

Lot Details

  • Cleared Lot
  • Property is in average condition
  • Zoning described as SF6 - Single Family Res 6

Home Design

  • 884 Sq Ft Home
  • Ranch Style House
  • Frame Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Community Details

  • No Home Owners Association
  • Highland Village Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 0427-42-3283

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,951

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: None
  • Ownership: More than a year
  • Subdivision Name: HIGHLAND VILLAGE
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 884.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Cleared
  • Topography: Cleared
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Frame
  • Property Condition: Average Condition

Utilities

  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

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 #: 0427-42-3283
  • Zoning Description: SF6 - Single Family Res 6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jul 9, 2020
Sold by
Gillliam Duane and Sanders Living Trust
Bought by
Mohammad Nader
Seller's Agent
Grant Singleton
RE/MAX CHOICE
Buyer's Agent
MARGARET STRICKLAND
RUSSELL REAL ESTATE
List Price
$62,500
Sold Price
$50,000
Premium/Discount to List
-$12,500
-20%
Current Estimated Value
$150,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,417
Avg. Annual Appreciation
22.67%

Purchase Details

Closed on
May 11, 2007
Sold by
Muncy Robert P
Bought by
Sanders Furman B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mohammad Nader $100,000 None Available
Sanders Furman B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Furman B $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $50,000 -20.0% $57 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $62,500 0.0% $71 / Sq Ft
05/26/2015 05/26/15 Rented -- -- --
04/26/2015 04/26/15 Under Contract -- -- --
09/10/2014 09/10/14 For Rent -- -- --
08/16/2013 08/16/13 Rented -- -- --
07/17/2013 07/17/13 Under Contract -- -- --
04/16/2013 04/16/13 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 $1,951 $63,262 $20,000 $43,262
2023 $1,305 $63,262 $20,000 $43,262
2022 $1,122 $63,262 $20,000 $43,262
2021 $1,122 $63,262 $20,000 $43,262
2019 $1,087 $59,200 $20,000 $39,200
2018 $1,087 $59,200 $20,000 $39,200
2017 $984 $59,200 $20,000 $39,200
2016 $915 $62,800 $17,000 $45,800
2015 $907 $62,800 $17,000 $45,800
2014 $900 $62,800 $17,000 $45,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Grant Singleton

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2020

    MARGARET STRICKLAND

    RUSSELL REAL ESTATE

  • K

    Seller's Agent in 2015

    Kathy Olsen

    OLSEN REALTY

    (910) 867-4659

    1 in this area

    21 Total Sales

    Kathy Olsen
    Section Image
See All Agents

Map

Source: Longleaf Pine REALTORS®

MLS Number: 630179

Longleaf Pine REALTORS®

APN: 0427-42-3283

North Carolina Cumberland County Fayetteville 28305 Terry Sanford

486 Mcbain Dr, Fayetteville, NC

Not Listed for Sale

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