Back 511 Sherman Drive
Off Market

511 Sherman Drive

Fayetteville NC 28301

3
3
2
1958 sq. ft.
0.76 ac.
Single-Family
Last sold for $130,000
VANCE TOWNSENDVANCE TOWNSEND, last sold this property on 17 February 2026 after 29 days on market.

Overview

Brick ranch situated on a spacious ¾-acre corner lot offering a rare value-add opportunity for investors or buyers looking to renovate and build equity. This 3-bedroom, 2-bath home features a carport and large yard with plenty of room for expansion or outdoor living. Property is being sold AS-IS and will require repairs. Known issues include termite damage under the master bathroom affecting the rear band and sill plate, incomplete carpet installation, broken and warped kitchen cabinetry, damage to interior master bath walls, and suspected mold in select closets. Buyer to verify all conditions and obtain any inspections deemed necessary. Ideal for renovation, rental, or flip in a desirable setting with generous lot size and corner-lot visibility. Bring your contractor and vision to unlock the full potential of this property.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
1958 sq. ft. floor area
0.76 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Fayetteville over the last 12 months, the estimated median property value of 511 Sherman Drive is $169.5k.

Median value
$169.5k
Estimated value range
$46.5k - $385k
Median days on market
28
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fayetteville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511 Sherman Drive

2026
Sold
$130,000
17 Feb 2026 by VANCE TOWNSEND, of TOWNSEND REAL ESTATE
2016
Rented
Undisclosed
05 Feb 2016 by AAIMS PROPERTY MANAGEMENT INC.

Happy sellers in Fayetteville

~%

We have insufficient information to provide an overview of customer satisfaction for Fayetteville. Viewing the agent profiles, reviews and sales for Fayetteville can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Fayetteville

In the last 12 months, 91 three-bedroom single-family properties similar to 511 Sherman Drive, have been sold.

This represents a 18% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fayetteville

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent