778 Magellan Dr Fayetteville, NC 28311
Kings Grant NeighborhoodEstimated Value: $308,000 - $330,000
4
Beds
3
Baths
2,500
Sq Ft
$128/Sq Ft
Est. Value
About This Home
This home is located at 778 Magellan Dr, Fayetteville, NC 28311 and is currently estimated at $319,307, approximately $127 per square foot. 778 Magellan Dr is a home located in Cumberland County with nearby schools including Warrenwood Elementary, Luther Nick Jeralds Middle School, and E. E. Smith High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2005
Sold by
Hoffman Leonard L
Bought by
Berry Joseph R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,011
Outstanding Balance
$84,473
Interest Rate
5.64%
Mortgage Type
VA
Estimated Equity
$234,834
Purchase Details
Closed on
Feb 5, 1999
Sold by
Brooks Gary D
Bought by
Hoffman Leonard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
6.85%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berry Joseph R | $155,000 | -- | |
| Hoffman Leonard L | $139,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berry Joseph R | $160,011 | |
| Previous Owner | Hoffman Leonard L | $132,050 |
Source: Public Records
Tax History Compared to Growth
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 | $3,224 | $200,628 | $25,000 | $175,628 |
| 2023 | $3,054 | $200,628 | $25,000 | $175,628 |
| 2022 | $2,770 | $200,628 | $25,000 | $175,628 |
| 2021 | $2,770 | $200,628 | $25,000 | $175,628 |
| 2019 | $2,735 | $186,100 | $25,000 | $161,100 |
| 2018 | $2,735 | $186,100 | $25,000 | $161,100 |
| 2017 | $2,632 | $186,100 | $25,000 | $161,100 |
| 2016 | $2,573 | $196,500 | $23,000 | $173,500 |
| 2015 | $2,546 | $196,500 | $23,000 | $173,500 |
| 2014 | $2,539 | $196,500 | $23,000 | $173,500 |
Source: Public Records
Map
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