4 months on rocket

219 Colonial Dr, Fayetteville, NC, 28301

$215,000

Home List Price

$2,553*

Closing Credit

4 Bedrooms
2 Full Baths
1,500 SqFt
$143/SqFt
Multi

Location

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219 Colonial Dr, Fayetteville$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1949
HeatingElectric
CoolingElectric
MLS #10039781
Lot Size0.27 Acres
StatusActive

About 219 Colonial Dr

Prime Investment Opportunity. Duplex for sale 219 Colonial Dr. Fayetteville, NC. Seize the Opportunity!! We are thrilled to present a unique investment opportunity for visionary investors! Nestled on Colonial Dr, 219 offer immense potential for substantial returns and future development. Turnkey Potential! Though the properties have faced some challenges due to vandalism, necessitating new electrical and HVAC systems, this presents an incredible chance to revitalize and enhance the value of these assets. Savvy Investors can capitalize on the markets demand and the strong rental yields in the area. Package Deal!! We have another one for sale as well. 213 Colonial Dr. Offered together as a package deal, these properties are sold as-is, inviting investors to envision and execute their grand plans. The combined lot enhances the potential for a lucrative redevelopment project, making this a prime pick for those looking to make a significant mark in the real estate market. Investment Highlights!! Prime Location: Situated in a desirable area of Fayetteville with potential growth. Value Added Opportunity: Requires new electrical and HVAC, perfect for investors ready to unlock significant equity. Market Appeal: High demand for rental properties and other redevelopment projects in the area. Why Invest?!! The current state of the properties, combined with the potential for redevelopment, makes this an exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1949
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Bellamy Investment Group Prope
  • Office Phone: (919) 925-2441
  • Listing Agent: Tinna Whitaker Bellamy

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $143/SqFt
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Housing Market Comparison

See how this home compares to others in Fayetteville, NC.

Med. Sold Price

$233.6K

Med. Price/SqFt

$146

Avg. Days On Market

29

# of Sold Homes

254

219 Colonial Dr vs Fayetteville

135 DAYS ON ROCKET

+106 Days

$215,000

-$18.6K Less

$143/SqFt

-$3 Less

KEY TAKEAWAY

This property is $18.6K less than the Median Sold Price and $3/SqFt less than other homes in Fayetteville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10039781

Listing Office:

  • Office Name: Bellamy Investment Group Prope
  • Office Phone: (919) 925-2441
  • Listing Agent: Tinna Whitaker Bellamy

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-193175
6
/10
  • Ferguson-Easley Elementary School

  • 1857 Seabrook Rd

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-193176
5
/10
  • Lucile Souders Elementary School

  • 128 Hillview Ave

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-193177
4
/10
  • Margaret Willis Elementary School

  • 1412 Belvedere Ave

  • 1.54 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,631. Typical income of Fayetteville, NC residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNorth CarolinaCumberland CountyFayetteville28301219 Colonial Dr

This home is located at 219 Colonial Dr in Fayetteville, NC and zip code 28301 in the Brookwood neighborhood. This 1,500 square foot home, which was built in 1949, sits on a 0.27 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $215,000.

Over 46 listings were sold over their listed price in October 2024 in Fayetteville, NC. In the same period over 114 listings were sold below the listed price and 94 listings were sold for the listed price. The inventory of homes for sale in Fayetteville, NC between September 2024 and October 2024 increased by 3.2%. In October 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $233,695.

From Rocket Homes Real Estate and based on county public records data.

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