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525 Andover Road

525 Andover Road, Fayetteville, NC 28311
House in E. E. Smith
Sold Apr 01, 2020
$101,500
$103,834 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2050
Sold Jul 11, 2008
$107,000
$109,300 by Wells Fargo Bank
Mortgage
525 Andover Road 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 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 525 Andover Road has 1,288 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 1,500 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 9,148 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 336 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open 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, 525 Andover Road sold most recently in Mar 16, 2020 for a total of $101,500. If you work out the math, that's approximately a cost of $78.80 per sqft. Before that, the property was also sold for $107,000 in Jul 8, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,773 in taxes each year. 525 Andover Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $98,900. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $83,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Cedar Siding
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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: Heated Area

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND I
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAKLAND LO10 SE01 PL0055-0049

Ownership

  • Current Owner : HAROLD XAVIER AVREN DUKE
  • Current Owner 2: LUGO NATHALIE ANN
  • Previous Owner : AMES ROBERT WILLIAM
  • Previous Owner 2: AMES PAOLA C
  • Owner Before Previous Owner: MCALEESEJERGINS KOREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 002505

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: PB 55 PG 49
  • Section: 1
  • Parcel: 0439-78-2450
  • Block: 78
  • Lot: 10
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.1194
  • Longitude: -78.8755

    Address

  • Full Address: 525 Andover Rd
  • Address - House Number: 525
  • Address - Street Name: Andover
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: C019
  • 4-Digit Zip Code: 2163
  • Zip Code: 28311

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,773
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2404
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 176,224
  • High Value: 218,593
  • Low Value: 133,855

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,834
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 01, 2020
  • First Open Lien Mortgage Loan Amount: $103,834
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $98,900
  • Market Land Value: $15,000
  • Market Improvement Value: $83,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,900
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $83,900

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Transaction ID: 11760974096
  • Current Sale Price: $101,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11399
  • Previous Sale Recording Date: Jul 11, 2008
  • Previous Sale Contract Date: Jul 08, 2008
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 01, 2020
  • First Mortgage Loan Amount: $103,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Jul 11, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $109,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About E. E. Smith



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Frequently Asked Questions

What neighborhood is 525 Andover Road located in?
The 525 Andover Road is a house located in the neighborhood of E. E. Smith in E. E. Smith, Fayetteville.
What is the average sales price for listings in 525 Andover Road?
The average sales price for units in 525 Andover Road is $0 currently.

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