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5302 Cherry Ln; Fayetteville, NC Property Details

5302 Cherry Ln, Fayetteville, NC is a Single Family that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 5302 Cherry Ln has 3 bedrooms, and 1 bathroom, and a total of 822 square feet. The lot size of 5302 Cherry Ln is 18,295 square feet.

Off market
5302 Cherry Ln Fayetteville, NC 28304
$48,579 Listing Price
3 Beds
1 Baths
822 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $68,000
  • Open Loans / Balance: 1 / $27,358
  • Est. Equity / %: $116,642 / 81%
  • Gross Yield: 7.375%
  • APN: 0416-07-1200
  • Situs County: Cumberland
  • Length Of Ownership: 5 years, 7 months

Rooms

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

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 822/SqFt
  • Lot: 18,295/SqFt
  • Living: 822/SqFt
  • Building: 822/SqFt
  • Ground: 822/SqFt
  • Price Per Square Foot: $82.73

Legal Description

  • Description: LAFAYETTE VILLAGE LO:17 SE:04 BL:D PL:0016-0005
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: 35.033714 / -78.96623
  • Subdivision: Lafayette Village Vii
  • Property Class: Residential
  • Zoning: SF10
  • County Use Code: R101

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4170
  • Bathroom Fixtures: 3
  • Cooling: None
  • Fireplaces: 1
  • Heating: Floor/Wall

Ownership Info

5302 Cherry Ln has no associated ownership info
5302 Cherry Ln has no associated ownership info.

Taxes

5302 Cherry Ln has 10 associated Taxes items

5302 Cherry Ln, 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 $76,041. The APN we've located for 5302 Cherry Ln is 0416-07-1200.

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Taxes
  • Assessed Value:  $76,041
  • Assessed Year:  2025
  • Assessed County:  Cumberland
  • APN:  0416-07-1200
  • Assessed Land Value:  25000
  • Market Land Value:  25000
  • Tax Amount:  1111.64
  • Tax Year:  2025
  • Market Value:  76041
  • Market Year:  2025

Tax History

5302 Cherry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,041 Land Value $25,000 Improvement Value $51,041 Tax Amount $1,111.64 Change Rate Assessed CR Tax Rate +0.014619%
Year 2024 Assessed Value $51,511 Land Value $12,000 Improvement Value $39,511 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,511 Land Value $12,000 Improvement Value $39,511 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $51,511 Land Value $12,000 Improvement Value $39,511 Tax Amount $952.97 Change Rate -0.035426% Assessed CR Tax Rate +0.0185%
Year 2021 Assessed Value $51,511 Land Value $12,000 Improvement Value $39,511 Tax Amount $987.97 Change Rate Assessed CR Tax Rate +0.01918%
Year 2020 Assessed Value Land Value Improvement Value Tax Amount $987.97 Change Rate +0.036727% Assessed CR Tax Rate
Year 2019 Assessed Value $48,900 Land Value $12,000 Improvement Value $36,900 Tax Amount $952.97 Change Rate Assessed CR Tax Rate +0.019488%
Year 2018 Assessed Value $48,900 Land Value $12,000 Improvement Value $36,900 Tax Amount $952.97 Change Rate +0.121181% Assessed CR Tax Rate +0.019488%
Year 2017 Assessed Value $48,900 Land Value $12,000 Improvement Value $36,900 Tax Amount $849.97 Change Rate +0.047677% Assessed CR Tax Rate +0.017382%
Year 2016 Assessed Value $54,400 Land Value $12,000 Improvement Value $42,400 Tax Amount $811.29 Change Rate +0.009142% Assessed CR Tax Rate +0.014913%
Year 2015 Assessed Value $54,400 Land Value $12,000 Improvement Value $42,400 Tax Amount $803.94 Change Rate +0.008784% Assessed CR Tax Rate +0.014778%
Year 2014 Assessed Value $54,400 Land Value $12,000 Improvement Value $42,400 Tax Amount $796.94 Change Rate Assessed CR Tax Rate +0.01465%