If you look at any of the trustee websites you can see there are a LOT of pre-foreclosure listings in Fayetteville, mostly below $100,000. Most of these properties look a bit worn around the edges and are over 10 years old. This property is in a nice neighborhood with a pool within walking distance and a school quite close. The other properties look in good shape and the roads well kept. While it looks like the property is going for a just a little more than it sold for in 2006 the value of the surround houses in the area are consistently at or over $200,000. If you got this property at the courthouse steps you’d have an immediate 20% equity which isn’t too bad.
|Address:||1555 Ellie AvenueFayetteville, NC 28314|
|Sale Date:||03/23/2015 10:30am at the Courthouse|
|Last Sale:||$184,000 in 2006|
|Details:||2,569 SF4 bed / 3 bathBuilt 2006Lot size .62 acres|
|Trustee:||Shapiro & Ingle|
|GIS Info:||Cumberland County|