Seller's Agent in 2022
Justin (Jay) Deal
ERA STROTHER REAL ESTATE
(315) 427-4358
1 in this area
122 Total Sales
919 Spellman Dr Fayetteville, NC 28311
Lake Pines NeighborhoodEstimated Value: $128,359 - $149,000
3
Beds
1.5
Baths
1,025
Sq Ft
$134/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Brick Veneer
- Forced Air Heating and Cooling System
- No HOA
- Luxury Vinyl Tile Flooring
About This Home
As of July 2022ATTENTION INVESTORS! Investment property with great rental history and cash flow potential. BEATS THE 1% RULE! Tenant occupied on month-to-month lease at $850k/month. Market rent is $1100/month. Cash-on-cash is through the roof for this investment property, don't wait! LVP, HVAC, and paint done prior to tenant!
Last Agent to Sell the Property
ERA STROTHER REAL ESTATE License #328954 Listed on: 03/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,275
Year Built
- Built in 1971
Lot Details
- 0.26
Home Design
- Traditional Architecture
- Brick Veneer
- Slab Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Luxury Vinyl Tile Flooring
- Property is zoned R6 - Residential District
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0429266540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2022
Closed on
Sep 12, 2022
Sold by
Robert Lander Lee
Bought by
Lander Lee Robert and Chen Katrina
Seller's Agent
Justin (Jay) Deal
ERA STROTHER REAL ESTATE
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,090
Avg. Annual Appreciation
11.75%
Original Mortgage
$75,000
Outstanding Balance
$72,136
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$62,834
Purchase Details
Closed on
Apr 22, 2022
Sold by
Tea Porath Hagit and Tea Michael
Bought by
Lander Lee Robert
Purchase Details
Closed on
Apr 9, 2018
Sold by
Command Capital Llc
Bought by
Porath Hagit Tea
Purchase Details
Listed on
Jul 6, 2017
Closed on
Nov 20, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Command Capital Llc
Seller's Agent
JOEL LAWRENCE
REALHOME SERVICES AND SOLUTIONS, INC.
Buyer's Agent
MITZIE NEWMAN
CENTURY 21 The Realty Group
List Price
$19,000
Sold Price
$19,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%
Purchase Details
Closed on
May 4, 2017
Sold by
Oldham Pamolu
Bought by
Deutsche Bank National Trust Company As
Purchase Details
Closed on
Apr 26, 2004
Sold by
Cutts Annie
Bought by
Oldham Pamolu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,850
Interest Rate
5.35%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lander Lee Robert | -- | -- | |
| Lander Lee Robert | $95,000 | Lakhiani Law Pllc | |
| Porath Hagit Tea | $49,000 | Single Source Real Est Svcs | |
| Command Capital Llc | $19,000 | Single Source Real Est Svcs | |
| Deutsche Bank National Trust Company As | $21,000 | Attorney | |
| Oldham Pamolu | $56,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lander Lee Robert | $75,000 | |
| Previous Owner | Oldham Pamolu | $50,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2022 07/18/22 | Sold | $95,000 | -13.6% | $93 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 03/04/2022 03/04/22 | For Sale | $110,000 | +478.9% | $107 / Sq Ft |
| 12/06/2017 12/06/17 | Sold | $19,000 | 0.0% | $19 / Sq Ft |
| 11/14/2017 11/14/17 | Pending | -- | -- | -- |
| 07/06/2017 07/06/17 | For Sale | $19,000 | -- | $19 / Sq Ft |
| 03/25/2015 03/25/15 | Sold | -- | -- | -- |
| 03/05/2015 03/05/15 | Rented | -- | -- | -- |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- |
| 02/03/2015 02/03/15 | Under Contract | -- | -- | -- |
| 01/12/2015 01/12/15 | For Rent | -- | -- | -- |
| 11/04/2014 11/04/14 | For Sale | -- | -- | -- |
Source: Doorify MLS
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 | $1,275 | $60,838 | $8,000 | $52,838 |
| 2023 | $1,275 | $60,838 | $8,000 | $52,838 |
| 2022 | $1,066 | $58,636 | $8,000 | $50,636 |
| 2021 | $1,066 | $58,636 | $8,000 | $50,636 |
| 2019 | $1,031 | $54,900 | $8,000 | $46,900 |
| 2018 | $1,031 | $54,900 | $8,000 | $46,900 |
| 2017 | $928 | $54,900 | $8,000 | $46,900 |
| 2016 | $861 | $58,400 | $8,000 | $50,400 |
| 2015 | $853 | $58,400 | $8,000 | $50,400 |
| 2014 | $846 | $58,400 | $8,000 | $50,400 |
Source: Public Records
Agents Affiliated with this Home
-
Justin (Jay) Deal
-
Bryant Tumbelekis
B
Seller Co-Listing Agent in 2022
Bryant Tumbelekis
LPT REALTY LLC
(315) 651-2777
12 in this area
1,242 Total Sales
-
J
Seller's Agent in 2017
JOEL LAWRENCE
REALHOME SERVICES AND SOLUTIONS, INC.
-
MITZIE NEWMAN
Buyer's Agent in 2017
MITZIE NEWMAN
CENTURY 21 The Realty Group
(910) 978-2337
160 Total Sales
-
P
Seller's Agent in 2015
Priscilla Surgeon
DENNIS & DENNIS PROPERTIES LLC.
Map
Source: Doorify MLS
MLS Number: LP679819
APN: 0429-26-6540
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