NOT LISTED FOR SALE

5405 Maryland Dr Fayetteville, NC 28311

Kings Grant Neighborhood

Estimated Value: $208,000 - $280,000

6 Beds
3.5 Baths
2,556 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $158,000 $62 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,481/month

33 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Vinyl Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

This tri-level has amazing potential for the cash investor. It is located conveniently to local major employers, Ft. Bragg, Methodist University and Goodyear Tire. Shopping, restaurants and entertainment are close by. Local schools are popular. It has three bedrooms in the upper level, two bedrooms in the lower level and a finished basement area that has a bedroom and a full bath which makes it six bedrooms and three and a half baths!! The main level has a large living room and a large addition that is 26’X26’!! Plenty of room here! And at a fantastic price!! Oh, There is an unfinished basement area that is mechanical room and great storage.

Last Agent to Sell the Property

John Bunce

RE/MAX CHOICE License #190633 Listed on: 12/06/2022

RE/MAX CHOICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1963

Lot Details

  • Property is zoned SF10 - Single Family Res

Parking

  • 1 Carport Space

Home Design

  • Tri-Level Property
  • Brick Veneer

Interior Spaces

  • 2,556 Sq Ft Home
  • Vinyl Flooring
  • Finished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • College Lakes Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 0530-44-6776

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Prop. Type: Residential
  • Subdivision Name: College Lakes
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Vinyl: Yes
  • Levels Tri-Level: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Utilities Natural Gas Available: Yes
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Building Project Name3: Highest and Best is due by 1/04/2023 at 2:pm. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on "Start Offer". This property may qualify for Seller Financing (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists. This property sold AS IS! Please send POF dated within 30 days and Articles of O
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Basement: Finished, Partial, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Total Bedrooms: 10
  • Interior Features:Eat-in Kitchen: Yes
  • Basement Finished: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Construction Materials:Brick Veneer: Yes

Utilities

  • Utilities: Natural Gas Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Zoning: SF10 - Single Family Res
  • Parcel #: 0530-44-6776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 24, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Mann Made Properties Llc
Seller's Agent
John Bunce
RE/MAX CHOICE
List Price
$162,000
Sold Price
$158,000
Premium/Discount to List
-$4,000
-2.47%
Views
34
Current Estimated Value
$239,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,866
Avg. Annual Appreciation
18.02%
Original Mortgage
$192,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Fifth Third Bank Na

Purchase Details

Closed on
Aug 31, 2022
Sold by
Trustee Services Of Carolina Llc
Bought by
Fifth Third Bank Na

Purchase Details

Closed on
Jun 26, 2009
Sold by
Wright Thomas F
Bought by
Davis Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,053
Interest Rate
4.79%
Mortgage Type
VA
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
Mann Made Properties Llc -- --
Fifth Third Bank Na -- --
Fifth Third Bank Na $158,855 None Listed On Document
Fifth Third Bank Na $158,855 None Listed On Document
Davis Cynthia H $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Made Properties Llc $199,500
Closed Mann Made Properties Llc $192,000
Previous Owner Davis Cynthia H $148,574
Previous Owner Davis Cynthia H $149,334
Previous Owner Davis Cynthia H $145,053
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $158,000 -2.5% $62 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $162,000 -- $63 / 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 $2,092 $126,353 $20,000 $106,353
2023 $2,092 $126,353 $20,000 $106,353
2022 $1,863 $126,353 $20,000 $106,353
2021 $1,863 $126,353 $20,000 $106,353
2019 $1,828 $116,300 $20,000 $96,300
2018 $1,828 $116,300 $20,000 $96,300
2017 $1,725 $116,300 $20,000 $96,300
2016 $1,839 $137,300 $18,000 $119,300
2015 $1,820 $137,300 $18,000 $119,300
2014 $1,813 $137,300 $18,000 $119,300
Source: Public Records

Agents Affiliated with this Home

  • John Bunce

    Seller's Agent in 2023

    John Bunce

    RE/MAX CHOICE

    3 in this area

    34 Total Sales

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Map

Source: Doorify MLS

MLS Number: LP695700

Doorify MLS

APN: 0530-44-6776

North Carolina Cumberland County Fayetteville 28311 Kings Grant

5405 Maryland Dr, Fayetteville, NC

This home is located at 5405 Maryland Dr, Fayetteville, NC 28311 since 06 December 2022 and is currently estimated at $239,866, approximately $93 per square foot. This property was built in 1963. 5405 Maryland Dr is a home located in Cumberland County with nearby schools including College Lakes Elementary, Spring Lake Middle, and Pine Forest High.

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