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Sold for $130,000
  • $130,000

    511 Sherman Dr, Fayetteville, NC 28301

    3beds
    1,958sqft
    Single Family Residence
    Built in 1963
    0.76 Acres Lot
    $148,200 Zestimate®
    $66/sqft
    $1,834 Estimated rent

    Home value

    $148,200

    $141,000 - $156,000

    $1,834/mo

    Zestimate® history
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    $862/mo

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    What's special

    Brick ranch
    Brick ranch situated on a spacious ¾-acre corner lot offering a rare value-add opportunity for investors or buyers looking to renovate and build equity. This 3-bedroom, 2-bath home features a carport and large yard with plenty of room for expansion or outdoor living. Property is being sold AS-IS and will require repairs. Known issues include termite damage under the master bathroom affecting the rear band and sill plate, incomplete carpet installation, broken and warped kitchen cabinetry, damage to interior master bath walls, and suspected mold in select closets. Buyer to verify all conditions and obtain any inspections deemed necessary. Ideal for renovation, rental, or flip in a desirable setting with generous lot size and corner-lot visibility. Bring your contractor and vision to unlock the full potential of this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    VANCE TOWNSEND,

    TOWNSEND REAL ESTATE

    Bought with:

    Sandra Verastegui Castillo, 349079

    eXp Realty, LLC - C

    Source: LPRMLS,MLS#: 755778MLS LogoOriginating MLS: Longleaf Pine Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Range
    Features
    • Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Living/Dining Room
    • Flooring: Carpet, Laminate
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,958 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport
    • Carport spaces: 2
    Features
    • Patio & porch: Patio
    • Exterior features: Fence, Patio, Storage
    • Fencing: Back Yard
    Lot
    • Size: 0.76 Acres
    • Dimensions: 129 x 151
    Details
    • Parcel number: 0438769253
    • Zoning description: A1A - Residential District
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer
    Condition
    • Average Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Edgewood
    HOA
    • Has HOA: No
    Location
    • Region: Fayetteville

    Financial & listing details

    • Price per square foot: $66/sqft
    • Tax assessed value: $204,700
    • Annual tax amount: $2,431
    • Date on market: 1/19/2026
    • Cumulative days on market: 8 days
    • Listing terms: Cash
    • Inclusions: -None
    • Exclusions: -None
    • Ownership: More than a year

    Price history

    DateEventPrice
    2/17/2026Sold$130,000-13.3%$66/sqft
    Source: LPRMLS #755778 Report a problem
    1/23/2026Pending sale$150,000$77/sqft
    Source: LPRMLS #755778 Report a problem
    1/19/2026Listed for sale$150,000+400%$77/sqft
    Source: LPRMLS #755778 Report a problem
    2/9/2016Listing removed$800
    Source: Aaims Property Management, Inc. Report a problem
    2/6/2016Listed for rent$800
    Source: Aaims Property Management, Inc. Report a problem
    12/29/2015Sold$30,000-63.1%$15/sqft
    Source: Public Record Report a problem
    1/12/2014Listing removed$81,300$42/sqft
    Source: RE/MAX PREMIER PROPERTIES #407627 Report a problem
    7/12/2013Price change$81,300+2.8%$42/sqft
    Source: RE/MAX Homeowners, LTD #407627 Report a problem
    11/8/2012Listed for sale$79,100+31.8%$40/sqft
    Source: PRUDENTIAL PENFED REALTY (FAYETTEVILLE) #394422 Report a problem
    4/7/2011Listing removed$60,000$31/sqft
    Source: isNowListed.com Report a problem
    1/30/2011Listed for sale$60,000-32.3%$31/sqft
    Source: isNowListed.com Report a problem
    9/28/2010Sold$88,690+2.5%$45/sqft
    Source: Public Record Report a problem
    8/2/1999Sold$86,500$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,431 +21.4%$204,700 +86.4%
    2024$2,003 +5.4%$109,800
    2023$1,900 +6.8%$109,800
    2022$1,779 $109,800
    2021$1,779 $109,800 -11.6%
    2020-- $124,157 +13.1%
    2019$1,744 $109,800
    2018$1,744 $109,800
    2017$1,744 +15%$109,800 -1.3%
    2016$1,517 +1%$111,300
    2015$1,502 +0.5%$111,300
    2014$1,495 +2.8%$111,300
    2013$1,453 $111,300
    2012$1,453 $111,300
    2011$1,453 $111,300
    2010-- $111,300
    2009-- $111,300 +9.5%
    2008-- $101,600
    2007-- $101,600
    2006-- $101,600
    2005-- --
    2004-- $101,600
    2003-- $101,600 +32.3%
    2002-- $76,800
    2001-- $76,800
    Find assessor info on the county website

    Neighborhood: 28301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Nick Jeralds Middle School
    • High: E. E. Smith High

    Source: LPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $148,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $148,200