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7022 Timbercroft Lane

7022 Timbercroft Lane, Fayetteville, NC 28314
Property in Seventy-First
Sold Nov 20, 2017
$140,000
$143,010 by Pnc Mortgage
Mortgage
Local assessors in Fayetteville, NC have categorized 7022 Timbercroft Lane as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 13,504 square feet. The linear feet between the front and back of the lot was measured at 1,323 ft and the front of the lot was measured at 946 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7022 Timbercroft Lane has a total of 1,647 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 513 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a vent heater is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7022 Timbercroft Lane sold most recently in Oct 31, 2017 for a total of $140,000. If you work out the math, that's approximately a cost of $85.00 per sqft. 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 $2,157 in taxes each year. 7022 Timbercroft Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,261. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $114,261. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 513
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,323
  • Lot Size Frontage Feet: 946
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Vent
  • Heated Square Feet: 1,647
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLIFFDALE W/CLIFFDALE E/WOODMK
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLIFFDALE WEST LO381 SE07 PL0057-0051

Ownership

  • Current Owner : ARMISTEAD KIRA B
  • Previous Owner : BURTON ROBERT
  • Previous Owner 2: BURTON ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County Schools
  • Census Tract: 003312

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: PB 57 PG 51
  • Section: 7
  • Parcel: 9488-00-2059
  • Lot: 381
  • Municipality: CITY OF FAYETTEVILLE
  • Latitude: 35.0692
  • Longitude: -79.066

    Address

  • Full Address: 7022 Timbercroft Ln
  • Address - House Number: 7022
  • Address - Street Name: Timbercroft
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Fayetteville
  • Carrier Code: R004
  • 4-Digit Zip Code: 5396
  • Zip Code: 28314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,157
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 234,183
  • High Value: 284,327
  • Low Value: 184,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,010
  • First Open Lien Mortgage Lender: PNC MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 20, 2017
  • First Open Lien Mortgage Loan Amount: $143,010
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA

    Market Valuation

  • Market Total Value: $134,261
  • Market Land Value: $20,000
  • Market Improvement Value: $114,261

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,261
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $114,261

    Sales

  • Current Sale Contract Date: Oct 31, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Transaction ID: 11310780315
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36553

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE
  • First Mortgage Transaction Date: Nov 20, 2017
  • First Mortgage Loan Amount: $143,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Seventy-First



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Frequently Asked Questions

What neighborhood is 7022 Timbercroft Lane located in?
The 7022 Timbercroft Lane is a located in the neighborhood of Seventy-First in Seventy-First, Fayetteville.
What is the average sales price for listings in 7022 Timbercroft Lane?
The average sales price for units in 7022 Timbercroft Lane is $0 currently.

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