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501 Faison Ave; Fayetteville, NC Property Details

501 Faison Ave, Fayetteville, NC is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 501 Faison Ave has 3 bedrooms, and 1 bathroom, and a total of 1,478 square feet. The lot size of 501 Faison Ave is 11,326 square feet.

Off market
501 Faison Ave Fayetteville, NC 28304
$85,361 Estimated Value
3 Beds
1 Baths
1,478 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $86,500
  • Open Loans / Balance: 1 / $40,749
  • Est. Equity / %: $102,251 / 71.5%
  • Gross Yield: 9.046%
  • APN: 0416-79-0005
  • Situs County: Cumberland
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Screened
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,478/SqFt
  • Lot: 11,326/SqFt
  • Living: 1,478/SqFt
  • Building: 1,478/SqFt
  • Ground: 1,204/SqFt
  • Price Per Square Foot: $58.53

Legal Description

  • Description: ROXANNA WILLIAMS SUB #2 LO:90 PL:0013-0037
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cumberland County Schools
  • Lat / Lon: 35.038803 / -78.943184
  • Subdivision: Drake Park
  • Property Class: Residential
  • Zoning: SF10
  • County Use Code: R101

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 3317
  • Bathroom Fixtures: 3
  • Cooling: None
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

501 Faison Ave has no associated ownership info
501 Faison Ave has no associated ownership info.

Taxes

501 Faison Ave has 10 associated Taxes items

501 Faison Ave, Fayetteville, NC pays taxes in Cumberland County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $85,361. The APN we've located for 501 Faison Ave is 0416-79-0005.

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Taxes
  • Assessed Value:  $85,361
  • Assessed Year:  2025
  • Assessed County:  Cumberland
  • APN:  0416-79-0005
  • Assessed Land Value:  30000
  • Market Land Value:  30000
  • Tax Amount:  1768.01
  • Tax Year:  2025
  • Market Value:  85361
  • Market Year:  2025

Tax History

501 Faison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $85,361 Land Value $30,000 Improvement Value $55,361 Tax Amount $1,768.01 Change Rate Assessed CR Tax Rate +0.020712%
Year 2024 Assessed Value $50,246 Land Value $12,000 Improvement Value $38,246 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $50,246 Land Value $12,000 Improvement Value $38,246 Tax Amount $1,160.82 Change Rate +0.093071% Assessed CR Tax Rate +0.023103%
Year 2022 Assessed Value $50,246 Land Value $12,000 Improvement Value $38,246 Tax Amount $1,061.98 Change Rate Assessed CR Tax Rate +0.021136%
Year 2021 Assessed Value $50,246 Land Value $12,000 Improvement Value $38,246 Tax Amount $1,061.98 Change Rate Assessed CR Tax Rate +0.021136%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $1,061.98 Change Rate +0.034081% Assessed CR Tax Rate
Year 2019 Assessed Value $54,600 Land Value $12,000 Improvement Value $42,600 Tax Amount $1,026.98 Change Rate Assessed CR Tax Rate +0.018809%
Year 2018 Assessed Value $54,600 Land Value $12,000 Improvement Value $42,600 Tax Amount $1,026.98 Change Rate +0.111474% Assessed CR Tax Rate +0.018809%
Year 2017 Assessed Value $54,600 Land Value $12,000 Improvement Value $42,600 Tax Amount $923.98 Change Rate -0.014653% Assessed CR Tax Rate +0.016923%
Year 2016 Assessed Value $64,600 Land Value $12,000 Improvement Value $52,600 Tax Amount $937.72 Change Rate +0.009386% Assessed CR Tax Rate +0.014516%
Year 2015 Assessed Value $64,600 Land Value $12,000 Improvement Value $52,600 Tax Amount $929 Change Rate +0.007592% Assessed CR Tax Rate +0.014381%
Year 2014 Assessed Value $64,600 Land Value $12,000 Improvement Value $52,600 Tax Amount $922 Change Rate Assessed CR Tax Rate +0.014272%