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5221 Bree Bridge Road

5221 Bree Bridge Road, Fayetteville, NC 28306
Property in Gray's Creek
Sold Nov 01, 2021
$299,000
$305,825 by Movement Mortgage
Mortgage Due Dec 01, 2051
Sold Apr 16, 2021
$200,000
$5,000,000 by Truist Bank
Mortgage
5221 Bree Bridge Road has been categorized by the local assessors in Fayetteville, NC as a residential type of property. In addition, 5221 Bree Bridge Road has 2,574 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 3,728 ft and across the front of the lot is 1,012 ft. The area measurement of the land has been determined as 40,075 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. 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, 5221 Bree Bridge Road was last sold in Oct 22, 2021 for $299,000. According to our calculations, that's $116.16 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Apr 15, 2021. Current property owners are expected to pay $2,442 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5221 Bree Bridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,840. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $220,840. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 3,728
  • Lot Size Frontage Feet: 1,012
  • Total Building Area: 2,574
  • Building Area: 2,574
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,574
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMES PLACE
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JAMES PLACE LO17 SE01 PL0140-0045

Ownership

  • Current Owner : WARREN NATHAN
  • Current Owner 2: WARREN KORRYN
  • Previous Owner : FURR CONSTRUCTION AND DEVELOPMENT INC
  • Owner Before Previous Owner: FLOYD PROPERTIES AND DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • School Tax School District: 0091-FIRE-SERV-
  • Census Tract: 003004

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: PB 140 PG 45
  • Section: 1
  • Parcel: 0441-29-3207
  • Block: 29
  • Lot: 17
  • Latitude: 34.9016
  • Longitude: -78.8581

    Address

  • Full Address: 5221 Bree Bridge Rd
  • Address - House Number: 5221
  • Address - Street Name: Bree Bridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: R015
  • 4-Digit Zip Code: 1100
  • Zip Code: 28306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,442
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 0091

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 387,959
  • High Value: 472,867
  • Low Value: 303,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,825
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $305,825
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $260,840
  • Market Land Value: $40,000
  • Market Improvement Value: $220,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,840
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $220,840

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11866174754
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 50751
  • Previous Sale Recording Date: Apr 16, 2021
  • Previous Sale Contract Date: Apr 15, 2021
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $305,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TRUIST BANK
  • Previous Mortgage Transaction Date: Apr 16, 2021
  • Previous Mortgage Loan Amount: $5,000,000
  • Previous Mortgage Loan Type: Commercial

About Gray's Creek



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5221 Bree Bridge Road located in?
The 5221 Bree Bridge Road is a located in the neighborhood of Gray's Creek in Gray's Creek, Fayetteville.
What is the average sales price for listings in 5221 Bree Bridge Road?
The average sales price for units in 5221 Bree Bridge Road is $0 currently.

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