515 Cypress Trace Dr Unit 40 Fayetteville, NC 28314
Westover NeighborhoodEstimated payment $1,100/month
Total Views
2,648
2
Beds
2
Baths
1,398
Sq Ft
$122
Price per Sq Ft
Highlights
- Deck
- Bathtub
- Ceiling Fan
- Formal Dining Room
- Central Air
- Carpet
About This Home
Excellent investment opportunity! This beautiful 2-bedroom, 2-bath townhouse offers over 1,300 sq ft of living space and features high vaulted ceilings and a spacious loft with stunning views. HVAC was updated in 2019. Located in the heart of Fayetteville, the neighborhood offers a short drive to shopping, entertainment, and Fort Bragg making it highly appealing for tenants. Tenant already in place, making this a perfect turn-key rental property.
Listing Agent
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #298102 Listed on: 06/23/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,253
Year Built
- Built in 1985
Lot Details
- Cleared Lot
- Property is in good condition
HOA Fees
- $65 Monthly HOA Fees
Home Design
- Composite Building Materials
Interior Spaces
- 1,398 Sq Ft Home
- Ceiling Fan
- Electric Fireplace
- Dining Room with Fireplace
- Formal Dining Room
Kitchen
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Schools
- Cliffdale Elementary School
- Westover Middle School
- Westover Senior High School
Additional Features
- Deck
- Central Air
Community Details
- Little And Young Association
- Cypress Trace Subdivision
Listing and Financial Details
- Exclusions: all tenant belongings
- Assessor Parcel Number 0407-27-5268
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,253 | $86,563 | $8,500 | $78,063 |
| 2023 | $1,253 | $86,563 | $8,500 | $78,063 |
| 2022 | $1,107 | $86,563 | $8,500 | $78,063 |
| 2021 | $1,107 | $86,563 | $8,500 | $78,063 |
| 2019 | $1,051 | $75,400 | $8,500 | $66,900 |
| 2018 | $1,051 | $75,400 | $8,500 | $66,900 |
| 2017 | $1,030 | $75,400 | $8,500 | $66,900 |
| 2016 | $1,029 | $79,400 | $8,500 | $70,900 |
| 2015 | $1,018 | $79,400 | $8,500 | $70,900 |
| 2014 | $1,015 | $79,400 | $8,500 | $70,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $170,000 | +78.9% | $122 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $95,000 | +5.6% | $68 / Sq Ft |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
| 06/20/2021 06/20/21 | For Sale | $90,000 | -- | $64 / Sq Ft |
Source: Longleaf Pine REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | None Available | |
| Special Warranty Deed | $63,000 | -- | |
| Trustee Deed | $61,235 | -- | |
| Deed | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,500 | New Conventional | |
| Previous Owner | $55,000 | New Conventional | |
| Previous Owner | $56,250 | New Conventional | |
| Previous Owner | $74,976 | No Value Available |
Source: Public Records
Similar Homes in Fayetteville, NC
Source: Longleaf Pine REALTORS®
MLS Number: 745856
APN: 0407-27-5268
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