NOT LISTED FOR SALE

5045 Summer Ridge Rd Fayetteville, NC 28303

Terry Sanford Neighborhood

Estimated Value: $188,000 - $202,000

3 Beds
2 Baths
1,204 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $140,000 $116 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,214/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Storm Windows

About This Home

As of June 2022

Can you believe a brick home this price. Home has had new interior paint and carpets just installed. This home is literally minutes from Ft Bragg via All American Freeway. The Price is so low that it could be even a great investment property for someone.

Last Agent to Sell the Property

Drew Boxwell

INFINITY REAL ESTATE License #158861 Listed on: 04/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 1993

Lot Details

  • Sloped Lot
  • Property is zoned SF6 - Single Family Res 6

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • Ceiling Fan
  • Ventless Fireplace
  • Gas Fireplace
  • Blinds
  • Vinyl Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Jacks Ford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0418-09-5819

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Jacks Ford
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Heating Gas Pack2: Yes
  • Utilities Natural Gas Available: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • General Property Information Building Project Name3: Make offer to purchase seller's name to: Jacob Petersen and Andrew Petersen. They are selling it as the trustees for their deceased dad Mark Petersen All offers will be accepted till 5pm Sunday May 1st. The owner will decide then and the selected bid will be notified on Monday.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Prefabricated, Ventless
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances Range: Yes
  • Appliances:WasherDryer: Yes
  • Fireplace Features:Ventless: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Deck, Patio
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Storm Window(s): Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Natural Gas Available
  • Heating: Gas Pack
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Zoning: SF6 - Single Family Res 6
  • Parcel #: 0418-09-5819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 2, 2022
Sold by
Adrian Petersen Mark and Adrian David Jacob
Bought by
Ruiz Myrna Vargas
Seller's Agent
Drew Boxwell
INFINITY REAL ESTATE
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%
Current Estimated Value
$194,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,384
Avg. Annual Appreciation
10.17%
Original Mortgage
$112,000
Outstanding Balance
$106,314
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$88,070

Purchase Details

Closed on
May 8, 2001
Sold by
Craig David B
Bought by
Sec Of Vet Affairs
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
Ruiz Myrna Vargas $140,000 Lewis Deese & Ditmore Llp
Sec Of Vet Affairs $70,504 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Myrna Vargas $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $140,000 +7.7% $116 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $130,000 -- $108 / Sq Ft
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 $2,362 $105,290 $14,000 $91,290
2023 $1,783 $105,290 $14,000 $91,290
2022 $1,572 $105,290 $14,000 $91,290
2021 $1,572 $105,290 $14,000 $91,290
2019 $1,537 $93,900 $14,000 $79,900
2018 $1,537 $93,900 $14,000 $79,900
2017 $1,434 $93,900 $14,000 $79,900
2016 $1,381 $100,400 $14,000 $86,400
2015 $1,368 $100,400 $14,000 $86,400
2014 $1,361 $100,400 $14,000 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Drew Boxwell

    Seller's Agent in 2022

    Drew Boxwell

    INFINITY REAL ESTATE

    (910) 237-7835

    3 in this area

    46 Total Sales

    Drew Boxwell
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Map

Source: Doorify MLS

MLS Number: LP682472

Doorify MLS

APN: 0418-09-5819

North Carolina Cumberland County Fayetteville 28303 Terry Sanford

5045 Summer Ridge Rd, Fayetteville, NC

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