NOT LISTED FOR SALE

5691 Archer Rd Unit A & B Hope Mills, NC 28348

South View Neighborhood

Estimated Value: $202,000 - $232,886

4 Beds
4 Baths
1,679 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $167,500 $100 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,482/month

2 Days on Market

Highlights

  • No HOA
  • Washer and Dryer
  • Carpet
  • Covered Patio or Porch
  • Level Lot
  • Heat Pump System

About This Home

As of July 2022

Great investment property with long term tenants. Each unit rents for $595. One tenant is on a year lease and one tenant is month to month. Individual meters for electricity, water, and sewer. 2 bedrooms and 1.5 bathrooms in each unit.. Rents are below market average. Located a few blocks from Hope Mills lake. 5693 Archer Rd, right next door, is for sale as well.

Last Agent to Sell the Property

MICHEAL WALLACE

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #337018 Listed on: 06/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 100 x 186 x 100 x 186
  • Level Lot
  • Cleared Lot

Home Design

  • 1,679 Sq Ft Home
  • Slab Foundation

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0414-44-5551

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,999

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 100 x 186 x 100 x 186
  • General Property Information Fireplace YN: No
  • Foundation Details Slab: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Laundry Features Inside: Yes
  • General Property Information Building Project Name3: Owner is a realtor. Units are tenant occupied, please do not disturb. Showings will need to be scheduled 24 hours in advance. Unit A has a small dog, unit B has a cat. We have received multiple offers. Deadline to submit offers will be 7 pm on June 23.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:WasherDryer: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Home Warranty: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 100 x 186 x 100 x 186
  • Parcel #: 0414-44-5551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 11, 2022
Sold by
Ross Wallace Micheal and Ross Deborah L
Bought by
Fendary Properties Llc
Seller's Agent
MICHEAL WALLACE
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%
Current Estimated Value
$219,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,972
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Oct 3, 2019
Sold by
Rodriguez Juan R and Rodriguez Waltraud P
Bought by
Wallace Michael Ross and Wallace Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Fendary Properties Llc $67,500 Bunce Steve
Fendary Properties Llc $67,500 Bunce Steve
Wallace Michael Ross $115,000 Tiago National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Michael Ross $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $167,500 -1.4% $100 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $169,900 -- $101 / 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 $3,999 $112,190 $20,000 $92,190
2023 $2,213 $112,190 $20,000 $92,190
2022 $1,956 $112,190 $20,000 $92,190
2021 $1,893 $112,190 $20,000 $92,190
2019 $1,872 $94,100 $20,000 $74,100
2018 $1,824 $94,100 $20,000 $74,100
2017 $1,824 $94,100 $20,000 $74,100
2016 $1,791 $97,200 $20,000 $77,200
2015 $1,791 $97,200 $20,000 $77,200
2014 $1,791 $97,200 $20,000 $77,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MICHEAL WALLACE

    COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

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Map

Source: Doorify MLS

MLS Number: LP686929

Doorify MLS

APN: 0414-44-5551

North Carolina Cumberland County Hope Mills 28348 South View

5691 Archer Rd Unit A & B, Hope Mills, NC

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