NOT LISTED FOR SALE

506 Cape Fear Ave Fayetteville, NC 28303

Terry Sanford Neighborhood

Estimated Value: $240,000 - $253,000

3 Beds
1 Bath
1,723 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $142,000 $82 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,513/month

49 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • No HOA
  • Vanstory Hills Elementary School Rated 9+
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of November 2018

BEAUTIFUL FAMILY HOME WITH ALL THE HAYMOUNT CHARM.CLOSE TO DOWNTOWN AND SHOPS. HARDWOOD FLOORS THROUGHOUT, FORMAL DINING ROOM, LOVELY SUN ROOM, MASTER BEDROOM DOWNSTAIRS. NEW ROOF, WINDOWS AND SIDING ADDED IN 2006. HVAC AND WATER HEATER ARE ONLY 2 YEARS OLD. DETACHED DOUBLE GARAGE!! BRING YOUR BUYERS, THIS ONE WILL NOT LAST!-

Last Agent to Sell the Property

ALICE DODD

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #291912 Listed on: 08/16/2018

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Last Buyer's Agent

Soni Rider

RE/MAX Choice License #181406

RE/MAX Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1941

Lot Details

  • Property is in good condition
  • Zoning described as SF6 - Single Family Res 6

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,723 Sq Ft Home
  • Fireplace Features Masonry
  • Blinds
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Alma Easom Elementary School
  • Max Abbott Middle School
  • Terry Sanford Senior High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Lafayette Hgts Subdivision

Listing and Financial Details

  • Exclusions: -N/A
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0427782829

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: -REFRIGERATOR
  • Ownership: More than a year
  • Subdivision Name: LAFAYETTE HGTS
  • Directions: -RAEFORD RD., L ON DEVANE ST., L ON MORGANTON, R ON SUTTON ST., L ON FT BRAGG RD., R ON CAPE FEAR AVE.
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1941
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Separate/Formal Dining Room, Master Downstairs, Sun Room, Window Treatments
  • Living Area: 1723.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: <1 Acre
  • Exclusions: -N/A
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Good Condition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 0427782829
  • Zoning Description: SF6 - Single Family Res 6
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Oct 31, 2018
Sold by
Patterson William J and Calejo Adriana
Bought by
Lee Parker C
Seller's Agent
ALICE DODD
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
Soni Rider
RE/MAX Choice
List Price
$142,000
Sold Price
$142,000
Current Estimated Value
$244,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,886
Avg. Annual Appreciation
8.06%
Original Mortgage
$113,600
Outstanding Balance
$99,478
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$145,408

Purchase Details

Closed on
Feb 20, 2014
Sold by
Patterson Jennifer D
Bought by
Patterson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,116
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 2006
Sold by
Hevey Sean M
Bought by
Patterson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,709
Interest Rate
6.19%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 2004
Sold by
Steeves Suzanne
Bought by
Hevey Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2002
Sold by
Strzalkowski Edward P
Bought by
Steeves Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,025
Interest Rate
6.18%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Pratt Shannon J
Bought by
Strazalkowski Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Interest Rate
8.3%
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
Lee Parker C $142,000 Attorney
Patterson William J -- --
Patterson William J $165,000 --
Hevey Sean M $146,000 --
Steeves Suzanne $129,500 --
Strazalkowski Edward P $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Parker C $113,600
Previous Owner Patterson William J $150,116
Previous Owner Patterson William J $175,709
Previous Owner Hevey Sean M $146,400
Previous Owner Steeves Suzanne $123,025
Previous Owner Strazalkowski Edward P $114,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $142,000 0.0% $82 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $142,000 -- $82 / 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 $2,705 $123,398 $41,250 $82,148
2023 $2,533 $123,398 $41,250 $82,148
2022 $2,279 $123,398 $41,250 $82,148
2021 $2,279 $123,398 $41,250 $82,148
2019 $2,244 $148,300 $41,250 $107,050
2018 $2,244 $148,300 $41,250 $107,050
2017 $2,141 $148,300 $41,250 $107,050
2016 $2,248 $170,300 $41,250 $129,050
2015 $2,225 $170,300 $41,250 $129,050
2014 $2,218 $170,300 $41,250 $129,050
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    ALICE DODD

    COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

    (910) 973-6818

    5 in this area

    105 Total Sales

    ALICE DODD
    Section Image
  • Soni Rider

    Buyer's Agent in 2018

    Soni Rider

    RE/MAX

    (910) 391-5642

    16 in this area

    111 Total Sales

    Soni Rider
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 547825

Longleaf Pine REALTORS®

APN: 0427-78-2829

North Carolina Cumberland County Fayetteville 28303 Terry Sanford

506 Cape Fear Ave, Fayetteville, NC

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