505 Cypress Trace Dr
Fayetteville, NC 28314
2 bd 2 ba 1,397 sqft Built 1984 Lot 1,307 sqft townhomes
Most recent sale
$115,500
Jun 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 9, 2022 | Sold | $115,500 | Public Record |
| Jun 8, 2022 | Sold | $115,024 | LongleafPineRealtors |
| Apr 21, 2022 | Listed | $110,000 | MLS #682316 |
| Dec 7, 2012 | Sold | $1,730,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $99,122 | $10,000 | $109,122 | $1,467 |
| 2024 | $77,036 | $8,500 | $85,536 | $1,119 |
| 2023 | $77,036 | $8,500 | $85,536 | $1,077 |
| 2022 | $77,036 | $8,500 | $85,536 | $1,047 |
| 2021 | $77,036 | $8,500 | $85,536 | $1,047 |
| 2020 | $77,036 | $8,500 | $85,536 | $1,047 |
| 2019 | $66,600 | $8,500 | $75,100 | $1,047 |
| 2018 | $66,600 | $8,500 | $75,100 | $1,047 |
| 2017 | $66,600 | $8,500 | $75,100 | $1,026 |
| 2016 | $70,800 | $8,500 | $79,300 | $1,027 |
| 2015 | $70,800 | $8,500 | $79,300 | $1,017 |
| 2014 | $70,800 | $8,500 | $79,300 | $1,014 |
| 2013 | $70,800 | $8,500 | $79,300 | $984 |
| 2012 | $70,800 | $8,500 | $79,300 | $984 |
| 2011 | $70,800 | $8,500 | $79,300 | $984 |
| 2010 | $70,800 | $8,500 | $79,300 | $984 |
| 2009 | $70,800 | $8,500 | $79,300 | $1,005 |
| 2007 | $63,300 | $8,500 | $71,800 | $1,096 |
Property facts
Year built
1984
Property type
townhomes
Stories
—
Beds
2
Baths
2
Living area
1,397 sqft
Lot size
1,307 sqft
ZIP code
28314
City
Fayetteville
Street
Cypress Trace Dr
Coordinates
35.06207, -78.99167
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$693
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Cypress Trace Dr last sell?
505 Cypress Trace Dr most recently sold on Jun 9, 2022 for $115,500.
What is the current tax assessment for 505 Cypress Trace Dr?
The most recent total assessment for 505 Cypress Trace Dr (year 2025) is $109,122 with $1,467 in property tax.
How does 505 Cypress Trace Dr's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $115,500.
When was 505 Cypress Trace Dr built?
505 Cypress Trace Dr was built in 1984.
How does 505 Cypress Trace Dr compare to others on Cypress Trace Dr?
We track 8 other properties on Cypress Trace Dr. Browse the list under "Other properties on Cypress Trace Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Cypress Trace Dr?
505 Cypress Trace Dr is a 2 bed, 2 bath, 1,397 sqft, 1,307 sqft lot townhomes.
Is 505 Cypress Trace Dr a flip candidate?
No — 505 Cypress Trace Dr does not appear in our flips dataset.
Is 505 Cypress Trace Dr a tax-appeal candidate?
No — 505 Cypress Trace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.6%
Implied 1-yr
-10.2%
2026 Q3
$216.4K
2026 Q4
$209.8K
ZIP 28314 — Median Price History + Forecast
Explore nearby
Other properties on Cypress Trace Dr