Owner
$310,582
4234 CHERRY HILL LN, FAYETTEVILLE, NC
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,000
property type
Single Family Residential
hoa
Yes
About
Residential
Excellent Condition
Heated Area
Garage
2 Stories
Vent
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2013
Building Size
2,000 sq ft
Lot Size
12,197 sq ft
Lot Size (Acres)
0.28 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
0466-96-1556
County
Cumberland County, North Carolina
Metro Area
Fayetteville, NC
Zoning
RR
Neighborhood/Subdivision
BLAKEFIELD
Lot Number
160
School District
Cumberland County Schools
Legal Description
BLAKEFIELD LO:160 SE:01 PL:0129-0126
Tax & Value Information
Market Value (Total)
$188,834
Building Value
$153,834
Land Value
$35,000
Annual Property Tax
$2,029
Tax Assessment Year
2024
Assessed Value
$188,834
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
8/8/2019
Recording Date
9/12/2019
Sales Document #
2019.28903
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$293,554
Average Price per Sq.Ft.: $146.78
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$12,018
Return on Investment
15.60%
After Repair Value
$341,640
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$279,524
Renovation Cost
$15,529
Closing Costs (buying)
$5,590
Holding Costs
$8,481
Selling Costs
$20,498
Total Investment
$77,024
After Repair Value (ARV)
$341,640
Total Costs
$329,622
Estimated Profit
$12,018
Cash Invested
$71,434
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area