1 month on rocket

5305 Cherry Ln, Fayetteville, NC, 28304

$145,000

Home List Price

$1,722*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$153/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5305 Cherry Ln, Fayetteville$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1958
HeatingOther
CoolingCeiling Fan(s)
MLS #10019858
Lot Size0.31 Acres
StatusActive

About 5305 Cherry Ln

This charming and updated 2 bedroom 1 bathroom home has a full back deck and it is fenced in with a large storage unit, new flooring, light fixtures, stainless steel appliances, new granite kitchen countertops, a new bathroom vanity, toilet and new bathroom fixtures. Conveniently located within minutes of shopping, restaurants and entertainment, look no further as your new investment is waiting on you! Cash flowing tenant occupied property with tenant paying market rent. DO NOT DISTURB TENANT

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Better Homes & Gardens Real Es
  • Office Phone: (919) 410-7939
  • Listing Agent: Chaquonda Shanise Ragland

Interior Features

Interior Information:

  • Appliances: Oven, Washer/Dryer Stacked
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Douglas Byrd High School, Public District Grades 9-12
  • Howard Health & Life Sciences, Public District Grades 9-12
  • Massey Hill Classical High School, Public District Grades 9-12
  • Douglas Byrd Middle School, Public District Grades 6-8
  • Ireland Drive Middle School, Public District Grades 6-8
  • Seventy-First Classical Middle School, Public District Grades 6-8
  • J W Coon Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn left onto Sandalwood Dr Turn right onto Birch Rd Turn left onto Hemlock Dr Turn right onto Cherry Ln Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $495
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Fayetteville, NC.

Map thumbnail provided by MapBox

Fayetteville, NC

City

Med. Sold Price

$224.9K

Med. Price/SqFt

$141

Avg. Days On Market

51

# of Sold Homes

268

5305 Cherry Ln vs Fayetteville

30 DAYS ON ROCKET

-21 Days

$145,000

-$79.9K Less

$153/SqFt

+$12 More

KEY TAKEAWAY

This property is $79.9K less than the Median Sold Price and $12/SqFt more than other homes in Fayetteville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10019858

Listing Office:

  • Office Name: Better Homes & Gardens Real Es
  • Office Phone: (919) 410-7939
  • Listing Agent: Chaquonda Shanise Ragland

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 5:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2020Home Sold
$53,000

Tax History

YEARPROP. TAXASSESSMENT
2021$495$50,600
2019$975$50,600
2018$975$50,600
2017$793$50,600

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2431513
5
/10

  • J W Coon Elementary School

  • 913 Hope Mills Rd

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2431514
2
/10

  • Douglas Byrd Middle School

  • 1616 Ireland Dr

  • 1.05 miles

  • Public District Grades 6-8

school-card-donut-2431515
6
/10

  • Ireland Drive Middle School

  • 1606 Ireland Dr

  • 1.08 miles

  • Public District Grades 6-8

school-card-donut-2431516
9
/10

  • Seventy-First Classical Middle School

  • 6830 Raeford Rd

  • 2.45 miles

  • Public District Grades 6-8

High School

school-card-donut-2431517
2
/10

  • Douglas Byrd High School

  • 1624 Ireland Dr

  • 0.93 miles

  • Public District Grades 9-12

school-card-donut-2431518
9
/10

  • Howard Health & Life Sciences

  • 1608 Camden Rd

  • 3.87 miles

  • Public District Grades 9-12

school-card-donut-2431519
9
/10

  • Massey Hill Classical High School

  • 1062 Southern Ave

  • 4.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,676. Typical income of Fayetteville, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5305 Cherry Ln

What is the listing price of this property?

The listing price of 5305 Cherry Ln property is $145,000.

What type of property is this?

The property 5305 Cherry Ln is a house located in Fayetteville, North Carolina, 28304.

Is this property for sale now?

Active Listing: 5305 Cherry Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5305 Cherry Ln are:
J W Coon Elementary School: GreatSchools Rating 5/10
Douglas Byrd Middle School: GreatSchools Rating 2/10
Ireland Drive Middle School: GreatSchools Rating 6/10
Seventy-First Classical Middle School: GreatSchools Rating 9/10
Douglas Byrd High School: GreatSchools Rating 2/10
Howard Health & Life Sciences: GreatSchools Rating 9/10
Massey Hill Classical High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $495 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2020 for $53,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5305 Cherry Ln has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5305 Cherry Ln is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5305 Cherry Ln is 1958.

Rocket Homes›North Carolina›Cumberland County›Fayetteville›28304›5305 Cherry Ln

This home is located at 5305 Cherry Ln in Fayetteville, NC and zip code 28304 in the Douglas Byrd neighborhood. This 950 square foot home, which was built in 1958, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $145,000.

While more than 59 listings in Fayetteville, NC in March 2024 were sold above asking price, there were more than 101 listings sold at asking price, and more than 108 were sold below. The number of listings in Fayetteville, NC increased by 1.8% between February 2024 and March 2024. Listings spent 51 days on the market in March 2024, and had a median list price of $224,971 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources