3 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

School Info

Assigned Schools Information:

  • Cross Creek Early College, Public District Grades 9-12
  • Reid Ross Classical High School, Public District Grades 9-12
  • Terry Sanford High School, Public District Grades 9-12
  • Luther 'Nick' Jeralds Middle School, Public District Grades 6-8
  • Reid Ross Classical Middle School, Public District Grades 6-8
  • Seventy-First Classical Middle School, Public District Grades 6-8
  • Teresa C Berrien Elementary School, Public District Grades KG-5

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.

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Fayetteville, NC

City

Med. Sold Price

$230.3K

Med. Price/SqFt

$146

Avg. Days On Market

34

# of Sold Homes

243

219 Colonial Dr vs Fayetteville

115 DAYS ON ROCKET

+81 Days

$215,000

-$15.3K Less

$143/SqFt

-$3 Less

KEY TAKEAWAY

This property is $15.3K 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: 10/31/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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.

Elementary School

school-card-donut-845989
7
/10

  • Teresa C Berrien Elementary School

  • 800 North St

  • 1.11 miles

  • Public District Grades KG-5

Middle School

school-card-donut-845990
5
/10

  • Luther 'Nick' Jeralds Middle School

  • 2517 Ramsey St

  • 0.82 miles

  • Public District Grades 6-8

school-card-donut-845991
9
/10

  • Reid Ross Classical Middle School

  • 3200 Ramsey St

  • 1.45 miles

  • Public District Grades 6-8

school-card-donut-845992
9
/10

  • Seventy-First Classical Middle School

  • 6830 Raeford Rd

  • 7.93 miles

  • Public District Grades 6-8

High School

school-card-donut-845993
9
/10

  • Cross Creek Early College

  • 1200 Murchison Rd

  • 0.83 miles

  • Public District Grades 9-12

school-card-donut-845994
7
/10

  • Reid Ross Classical High School

  • 3200 Ramsey St

  • 1.45 miles

  • Public District Grades 9-12

school-card-donut-845995
4
/10

  • Terry Sanford High School

  • 2301 Fort Bragg Rd

  • 2.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Cumberland County›Fayetteville›28301›219 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.

While more than 53 listings in Fayetteville, NC in September 2024 were sold above asking price, there were more than 81 listings sold at asking price, and more than 109 were sold below. The inventory of homes for sale in Fayetteville, NC between August 2024 and September 2024 decreased by 4.5%. In September 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $230,367.

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

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