This investor friendly 2 bedroom, 1 bathroom charming home has a full deck and is fenced in with a large storage unit, new flooring, light fixtures, stainless steal appliances, new granite kitchen countertops, a new bathroom vanity, toilet and new bathroom fixtures. Conveniently located within minutes of shopping, restaurants and entertainment. Tenant in place on a lease that expires April 2025 and is paying $1000 per month.
Sold for $132,000
$132,000
5305 Cherry Ln, Fayetteville, NC 28304
2beds
832sqft
Single Family Residence, Residential
Built in 1958
0.31 Acres Lot
$143,300 Zestimate®
$159/sqft
$911 Estimated rent
Home value
$143,300
$135,000 - $152,000
$911/mo
Zestimate® history
Owner options
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$911/mo
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$911/mo
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$876/mo
Est. payment
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$876/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chaquonda Shanise Ragland 919-235-7101,
Navigate Realty
Bought with:
JULIE MCNICOL, 303380
KELLER WILLIAMS REALTY (PINEHURST)
Source: Doorify MLS,MLS#: 10044715
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air
Features
- Flooring: Laminate
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
- Finished area above ground: 832
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.31 Acres
Details
- Parcel number: 0406969988
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: LaFayette Village
HOA
- Has HOA: No
Location
- Region: Fayetteville
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $140,700
- Annual tax amount: $842
- Date on market: 8/2/2024
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2024 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/4/2024 | Sold | $132,000$159/sqft |
Source:  Doorify MLS #10044715 Report a problem | ||
| 8/28/2024 | Pending sale | $132,000$159/sqft |
Source: Doorify MLS #10044715 Report a problem | ||
| 8/2/2024 | Listed for sale | $132,000-2.2%$159/sqft |
Source: Doorify MLS #10044715 Report a problem | ||
| 7/19/2024 | Listing removed | -- |
Source: Doorify MLS #10019858 Report a problem | ||
| 7/11/2024 | Price change | $135,000-3.2%$162/sqft |
Source: Doorify MLS #10019858 Report a problem | ||
| 6/3/2024 | Price change | $139,500-3.8%$168/sqft |
Source: Doorify MLS #10019858 Report a problem | ||
| 4/12/2024 | Price change | $145,000-6.5%$174/sqft |
Source: Doorify MLS #10019858 Report a problem | ||
| 3/29/2024 | Listed for sale | $155,000+81.3%$186/sqft |
Source: Doorify MLS #10019858 Report a problem | ||
| 3/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/13/2024 | Listed for rent | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2024 | Listed for rent | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2024 | Sold | $85,500+0.6%$103/sqft |
Source: Public Record Report a problem | ||
| 1/12/2024 | Pending sale | $85,000$102/sqft |
Source: Owner Report a problem | ||
| 1/12/2024 | Listed for sale | $85,000+60.4%$102/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/6/2020 | Sold | $53,000-8.6%$64/sqft |
Source: Public Record Report a problem | ||
| 7/6/2020 | Listed for sale | $58,000+28.9%$70/sqft |
Source: Owner Report a problem | ||
| 4/28/2003 | Sold | $45,000+51.3%$54/sqft |
Source: Public Record Report a problem | ||
| 4/2/2002 | Sold | $29,750$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,824 +53.7% | $140,700 +178.1% |
| 2024 | $1,187 +7.2% | $50,600 |
| 2023 | $1,107 +9.6% | $50,600 |
| 2022 | $1,010 | $50,600 |
| 2021 | $1,010 | $50,600 +1.4% |
| 2020 | -- | $49,877 -1.4% |
| 2019 | $975 | $50,600 |
| 2018 | $975 | $50,600 |
| 2017 | $975 +23% | $50,600 -4.3% |
| 2016 | $793 +0.9% | $52,900 |
| 2015 | $786 +0.9% | $52,900 |
| 2014 | $779 +3.2% | $52,900 |
| 2013 | $755 | $52,900 |
| 2012 | $755 | $52,900 |
| 2011 | $755 | $52,900 |
| 2010 | -- | $52,900 |
| 2009 | -- | $52,900 +15.5% |
| 2008 | -- | $45,800 |
| 2007 | -- | $45,800 |
| 2006 | -- | $45,800 |
| 2005 | -- | -- |
| 2004 | -- | $45,800 |
| 2003 | -- | $45,800 -5.3% |
| 2002 | -- | $48,384 |
| 2001 | -- | $48,384 |
Find assessor info on the county website
Neighborhood: Lafayette Village
Nearby homes
- $149,5002 bd1 ba811 sqft5307 Cherry Ln, Fayetteville, NC 28304Sold
- $173,5003 bd2 ba1.1k sqft900 Hemlock Dr, Fayetteville, NC 28304Off Market
- $188,5003 bd2 ba1.7k sqft904 Hemlock Dr, Fayetteville, NC 28304Off Market
- $135,1003 bd1 ba1.1k sqft906 Hemlock Dr, Fayetteville, NC 28304Off Market
- $104,5002 bd1 ba868 sqft5309 Cherry Ln, Fayetteville, NC 28304Off Market
- $158,8003 bd1 ba1.2k sqft5306 Cherry Ln, Fayetteville, NC 28304Off Market
- $186,4004 bd2 ba1.7k sqft908 Hemlock Dr, Fayetteville, NC 28304Off Market
- $176,7004 bd2 ba1.4k sqft5304 Cherry Ln, Fayetteville, NC 28304Off Market
Nearby schools
GreatSchools rating
- 5/10J W Coon ElementaryGrades: PK-5Distance: 0.4 mi
- 6/10Douglas Byrd MiddleGrades: 6-8Distance: 1 mi
- 2/10Douglas Byrd HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Cumberland County Schools
- Middle: Cumberland County Schools
- High: Cumberland County Schools
Source: Doorify MLS. 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
$143,300
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
$143,300
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