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1971 Merrimac Drive

1971 Merrimac Drive, Fayetteville, NC 28304
Sold Sep 15, 2020
$214,000
$218,922 by Homeside Financial Llc
Mortgage Due Oct 01, 2050
Sold Aug 28, 2019
$198,000
$203,214 by Navy Federal Credit Union
Mortgage
1971 Merrimac Drive has been categorized by the local assessors in Fayetteville, NC as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1971 Merrimac Drive has 2,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,280 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 24,829 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a vent heater and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1971 Merrimac Drive sold most recently in Aug 25, 2020 for a total of $214,000. If you work out the math, that's approximately a cost of $93.53 per sqft. Before that, the property was also sold for $198,000 in Aug 14, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,932 in taxes each year. 1971 Merrimac Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $196,389. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $161,389. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 2,280
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 2,288
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLS I
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WELLS LO28 SE07 PL0055-0042

Ownership

  • Current Owner : ALSTON DARYL THOMAS
  • Current Owner 2: ALSTON MARIAH C
  • Previous Owner : RUSSELL SASHA
  • Previous Owner 2: RUSSELL BRANDON
  • Owner Before Previous Owner: BURNETT KENNETH G
  • Owner Before Previous Owner 2: BURNETT EUGENIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 003205

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: PB 55 PG 42
  • Section: 7
  • Parcel: 9496-65-7839
  • Block: 65
  • Lot: 28
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.0301
  • Longitude: -79.0111

    Address

  • Full Address: 1971 Merrimac Dr
  • Address - House Number: 1971
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: R018
  • 4-Digit Zip Code: 2617
  • Zip Code: 28304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,932
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 306,618
  • High Value: 372,946
  • Low Value: 240,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,922
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Loan Amount: $218,922
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $196,389
  • Market Land Value: $35,000
  • Market Improvement Value: $161,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,389
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $161,389

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11788194461
  • Current Sale Price: $214,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33573
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 14, 2019
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $218,922
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 28, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $203,214
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Seventy-First



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Frequently Asked Questions

What neighborhood is 1971 Merrimac Drive located in?
The 1971 Merrimac Drive is a house located in the neighborhood of Seventy-First in Seventy-First, Fayetteville.
What is the average sales price for listings in 1971 Merrimac Drive?
The average sales price for units in 1971 Merrimac Drive is $216,900 currently.

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