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516 Forsythe Street

516 Forsythe Street, Fayetteville, NC 28304
Property in Terry Sanford
Sold Mar 04, 2021
$280,000
$252,000 by Southern Trust Mortgage Llc
Mortgage Due Apr 01, 2051
Sold Apr 05, 2017
$125,000,000
$255,272 by Usaa Federal Savings Bank
Mortgage
516 Forsythe Street in Fayetteville, NC was first built in 2014 and is 10 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 516 Forsythe Street has 2,236 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 891 ft and the linear feet between the front and back of the lot is 1,110. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of concrete. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a vent heater and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 516 Forsythe Street was last sold in Feb 18, 2021 for $280,000. According to our calculations, that's $125.22 per sqft. Prior to that sales transaction, the property was sold for $125,000,000 in Apr 4, 2017. Current property owners are expected to pay $3,962 in taxes per year. The property on 516 Forsythe Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $235,391. To break that down further, the land itself was valued at $50,000. While improvements to the property were assessed at a total of $185,391. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Excellent
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 891
  • Total Building Area: 2,236
  • Gross Building Area: 2,236
  • Building Area: 2,236
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 2,236
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW WALK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW WALK LO54 SE01 PL0126-0115

Ownership

  • Current Owner : HEDRICK PHILLIP ARNOLD
  • Current Owner 2: METZ KRISTINA ERIKA
  • Previous Owner : IRANDA EDWARD M
  • Previous Owner 2: IRANDA BLESSIE J
  • Owner Before Previous Owner: H & H Constructors Of Fayetteville Llc
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 000600

Zoning

  • Zoning: MR5

Geography

  • Assessors Map Reference: PB 126 PG 115
  • Section: 1
  • Parcel: 0426-49-2514
  • Block: 49
  • Lot: 54
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.0401
  • Longitude: -78.9191

    Address

  • Full Address: 516 Forsythe St
  • Address - House Number: 516
  • Address - Street Name: Forsythe
  • Address - Suffix Type: St
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: C026
  • 4-Digit Zip Code: 3765
  • Zip Code: 28304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,962
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 364,571
  • High Value: 426,413
  • Low Value: 302,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $252,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $235,391
  • Market Land Value: $50,000
  • Market Improvement Value: $185,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,391
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $185,391

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11823729161
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9957
  • Previous Sale Recording Date: Apr 05, 2017
  • Previous Sale Contract Date: Apr 04, 2017
  • Previous Sale Amount: $125,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: USAA FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 05, 2017
  • Previous Mortgage Loan Amount: $255,272
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Terry Sanford



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Frequently Asked Questions

What neighborhood is 516 Forsythe Street located in?
The 516 Forsythe Street is a located in the neighborhood of Terry Sanford in Terry Sanford, Fayetteville.
What is the average sales price for listings in 516 Forsythe Street?
The average sales price for units in 516 Forsythe Street is $0 currently.

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