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Sold for $140,000
    • $140,000

    559 Cimarron Dr, Fayetteville, NC 28303

    3beds
    1,711sqft
    Single Family Residence
    Built in 1967
    0.56 Acres Lot
    $140,000 Zestimate®
    $82/sqft
    $1,901 Estimated rent

    Home value

    $140,000

    $132,000 - $148,000

    $1,901/mo

    Zestimate® history
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    What's special

    Investor Opportunity – Cash-Flowing Property with Established Tenant. This 3-bedroom, 2.5-bath home presents an excellent opportunity for investors seeking immediate and reliable rental income. The property is currently occupied by a long-term tenant of 15 years, providing stability and peace of mind. The tenant is on a month-to-month lease and currently pays $1,315 per month, offering flexibility for future rent adjustments while maintaining consistent cash flow from day one. This home is ideal for investors looking for a turnkey rental property with proven occupancy and minimal transition risk. The established tenancy reflects strong rental desirability in the area, making this a solid addition to any portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    BROOKLYN WEST,

    THE PROPERTY EMPORIUM

    Bought with:

    NICHOLE BLACKMAN, 310768

    NORTHGROUP REAL ESTATE

    Source: LPRMLS,MLS#: 760337MLS LogoOriginating MLS: Longleaf Pine Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Features
    • Flooring: Carpet, Hardwood, Laminate, Tile
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 1,711 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    Lot
    • Size: 0.56 Acres
    Details
    • Parcel number: 0408873997
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Split Level
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood Siding
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ponderosa
    HOA
    • Has HOA: No
    Location
    • Region: Fayetteville

    Financial & listing details

    • Price per square foot: $82/sqft
    • Tax assessed value: $232,500
    • Annual tax amount: $2,694
    • Date on market: 4/9/2026
    • Cumulative days on market: 92 days
    • Listing terms: Cash,Conventional
    • Inclusions: Refrigerator
    • Exclusions: Tenant Personal Property
    • Ownership: More than a year

    Price history

    DateEventPrice
    7/30/2026Sold$140,000-17.6%$82/sqft
    Source: LPRMLS #760337 Report a problem
    7/10/2026Pending sale$170,000$99/sqft
    Source: LPRMLS #760337 Report a problem
    4/9/2026Listed for sale$170,000+56%$99/sqft
    Source: LPRMLS #760337 Report a problem
    9/14/2006Sold$109,000-19.9%$64/sqft
    Source: Public Record Report a problem
    3/6/2006Sold$136,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,694 +35.7%$232,500 +114.1%
    2024$1,986 +5.4%$108,600
    2023$1,884 +6.8%$108,600
    2022$1,763 $108,600
    2021$1,763 $108,600 -4.8%
    2020-- $114,050 +5%
    2019$1,728 $108,600
    2018$1,728 $108,600
    2017$1,728 +9.8%$108,600 -6.3%
    2016$1,574 +1%$115,900
    2015$1,558 +0.5%$115,900
    2014$1,551 +2.8%$115,900
    2013$1,508 $115,900
    2012$1,508 $115,900
    2011$1,508 $115,900
    2010-- $115,900
    2009-- $115,900 +36.7%
    2008-- $84,800
    2007-- $84,800
    2006-- $84,800
    2005-- --
    2004-- $84,800
    2003-- $84,800 +3.9%
    2002-- $81,586
    2001-- $81,586
    Find assessor info on the county website

    Neighborhood: Ponderosa

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Westover Middle School
    • High: Westover Senior 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
    $140,000
    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
    $140,000

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