NOT LISTED FOR SALE

508 Cypress Dr Raeford, NC 28376

Estimated Value: $234,000 - $245,000

3 Beds
2 Baths
-- Sq Ft
15,159 Sq Ft Lot

Sale Details

Date Sold: July 31, 2021

Last sale price $165,000

Est. 45% increase in value since last sale

Current estimated payment $1,399 / mo

15 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Front Porch
  • Cathedral Ceiling
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2021

Ranch home w/ cathedral ceilings and large open kitchen with island. Open living room and large fenced backyard. Home is being sold in AS IS condition and priced as such.

Last Agent to Sell the Property

Stefanie Porter

EXP REALTY LLC License #282120 Listed on: 05/22/2021

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Rain Gutters
  • Front Porch

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 494450001304

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • General Property Information Building Project Name3: No interior photos due to being tenant occupied. Tenant will be vacating the property within 30 days. Please be patient with showing requests and tenant will be approving.
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Primary Downstairs, Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Prefabricated
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Home Warranty: No
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Rear Porch
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 494450001304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 5, 2021
Sold by
Drake Andrew J and Drake Kerri
Bought by
Smith Ryan Z and Smith Elisanette M
Seller's Agent
Stefanie Porter
EXP REALTY LLC
List Price
$155,100
Sold Price
$165,000
Premium/Discount to List
$9,900
6.38%
Current Estimated Value
$238,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,959
Avg. Annual Appreciation
8.20%
Original Mortgage
$166,666
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2015
Sold by
Wall James W and Wall Ida P
Bought by
Wall James W and Wall Ida P

Purchase Details

Listed on
May 4, 2012
Closed on
Jul 16, 2012
Sold by
Cox Jonathan D and Cox Shelley D
Bought by
Drake Andrew J
Seller's Agent
EXISTING NON
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$138,500
Sold Price
$138,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$143,070
Interest Rate
3.7%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Ryan Z $155,000 None Available
Smith Ryan Z $155,000 None Listed On Document
Smith Ryan Z $155,000 None Listed On Document
Wall James W -- None Available
Drake Andrew J $138,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Ryan Z $166,666
Closed Smith Ryan Z $166,666
Previous Owner Drake Andrew J $143,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2021 07/31/21 Sold $165,000 +6.4% --
06/06/2021 06/06/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $155,100 0.0% --
08/16/2017 08/16/17 Rented -- -- --
08/16/2017 08/16/17 For Rent -- -- --
07/20/2012 07/20/12 Sold $138,500 0.0% $94 / Sq Ft View Prior Sale
06/24/2012 06/24/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $138,500 -- $94 / Sq Ft
Source: Doorify MLS

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
2025 $1,479 $162,470 $33,000 $129,470
2024 $1,479 $162,470 $33,000 $129,470
2023 $1,479 $162,470 $33,000 $129,470
2022 $1,452 $162,470 $33,000 $129,470
2021 $1,268 $136,620 $24,000 $112,620
2020 $1,276 $136,620 $24,000 $112,620
2019 $1,276 $136,620 $24,000 $112,620
2018 $1,276 $136,620 $24,000 $112,620
2017 $1,276 $136,620 $24,000 $112,620
2016 $1,253 $136,620 $24,000 $112,620
2015 $1,253 $136,620 $24,000 $112,620
2014 $1,238 $137,500 $24,000 $113,500
2013 -- $116,200 $18,000 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP657269

Doorify MLS

APN: 494450001304

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