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306 Farley Place

306 Farley Place, Fayetteville, NC 28303
Sold Feb 13, 2020
$350,000
$441,000 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2052
306 Farley Place 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 1979 and is 45 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 306 Farley Place has 3,287 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 1,894 ft and across the front of the lot is 1,600 ft. The area measurement of the land has been determined as 33,106 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. The exterior walls of the building are made of wood siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 306 Farley Place was last sold in Feb 4, 2020 for $350,000. According to our calculations, that's $106.48 per sqft. Current property owners are expected to pay $6,786 in taxes per year. The property on 306 Farley Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $448,080. To break that down further, the land itself was valued at $150,000. While improvements to the property were assessed at a total of $298,080. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1979
  • Effective Year Built: 1979
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 1,894
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 3,287
  • Gross Building Area: 2,514
  • Building Area: 3,287
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 3,287
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERTIME II (E H EVANS)
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMERTIME LO120 SE03 PL0045-0074

Ownership

  • Current Owner : PATE MICHAEL
  • Current Owner 2: PATE SABRINA
  • Previous Owner : P & B OF FAYETTEVILLE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 002100

Zoning

  • Zoning: SF15

Geography

  • Assessors Map Reference: PB 45 PG 74
  • Section: 3
  • Parcel: 0417-89-7998
  • Block: 89
  • Lot: 120
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.0689
  • Longitude: -78.9372

    Address

  • Full Address: 306 Farley Pl
  • Address - House Number: 306
  • Address - Street Name: Farley
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: C088
  • 4-Digit Zip Code: 4654
  • Zip Code: 28303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,786
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 525,610
  • High Value: 628,075
  • Low Value: 423,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $441,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $441,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $448,080
  • Market Land Value: $150,000
  • Market Improvement Value: $298,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,080
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $298,080

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11735330856
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 05245

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $346,687
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Terry Sanford



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Frequently Asked Questions

What neighborhood is 306 Farley Place located in?
The 306 Farley Place is a house located in the neighborhood of Terry Sanford in Terry Sanford, Fayetteville.
What is the average sales price for listings in 306 Farley Place?
The average sales price for units in 306 Farley Place is $0 currently.

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