$326,841
SOLD JUL 24, 2026
-- Beds
-- Baths
1,200 Sq Ft
1937 Built

Sale Details

Date Sold: July 24, 2026

$272 Per Sq Ft

24% Below List Price

17 Days on Market

About This Home

As of July 2026

This six-unit asset presents a compelling opportunity within a rapidly evolving and positively trending growth corridor. The property consists of multiple detached dwelling structures, each offering functional layouts and contributing to a diversified income stream. The improvements reflect a blend of character and utility, creating immediate livability while supporting long-term value creation. Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand, ongoing development activity, and a clear trajectory toward higher-density and higher-value uses. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, further reinforcing its desirability for both tenants and future end users. The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. As growth continues to push outward and infill opportunities become more limited, properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization. In summary, this is a forward looking investment anchored by existing income, supported by a strengthening market, and enhanced by meaningful long-term potential in a corridor that continues to gain momentum.

Last Agent to Sell the Property

Emelia Noa

NOA EXECUTIVE REALTY License #218506 Listed on: 04/21/2026

Last Buyer's Agent

Emelia Noa

NOA EXECUTIVE REALTY License #218506 Listed on: 04/21/2026

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Utilities

  • The lake is a source of water for the property
  • Septic Tank

Community Details

  • 6 Units
  • Spring Lake Subdivision

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 9592-93-2992.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Multi Family
  • Subdivision Name: SPRING LAKE
  • Year Built: 1937
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care

Utilities

  • Sewer: Septic Tank
  • Water Source: Lake

Lot Info

  • Parcel #: 9592-93-2992.000
  • Zoning Description: C3 - Heavy Commercial

Multi Family

  • Number Of Units Total: 6
  • Above Grade Finished Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2026
Closed on
Jul 24, 2026
Sold by
Papi Investments Inc
Bought by
Seller's Agent
Emelia Noa
NOA EXECUTIVE REALTY
Buyer's Agent
Emelia Noa
NOA EXECUTIVE REALTY
List Price
$430,000
Sold Price
$326,841
Premium/Discount to List
-$103,159
-23.99%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
465.98%
Original Mortgage
$251,667
Outstanding Balance
$251,440
Interest Rate
6.52%
Mortgage Type
New Conventional
Estimated Equity
$172,453

Purchase Details

Closed on
Nov 30, 2023
Sold by
All In One Investment Inc
Bought by
Papi Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2022
Sold by
Easterling William N and Easterling Kathryn
Bought by
Easterling Family Partnership

Purchase Details

Closed on
Apr 14, 2021
Sold by
Easterling Family Partnership
Bought by
All In One Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 1999
Sold by
Sonchilds Inc
Bought by
Easterling Donald B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spring Lake, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $300,000 None Listed On Document
Deed $186,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $257,500 New Conventional
Previous Owner $210,000 Seller Take Back
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 Sold $326,841 -24.0% $272 / Sq Ft
05/08/2026 05/08/26 Pending -- -- --
04/21/2026 04/21/26 For Sale $430,000 -- $358 / Sq Ft
Source: Longleaf Pine REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,305 $161,032 $64,439 $96,593
2024 $5,305 $106,801 $37,846 $68,955
2023 $4,914 $104,560 $37,846 $66,714
2022 $4,056 $104,560 $37,846 $66,714
2021 $4,056 $104,560 $37,846 $66,714
2019 $3,824 $104,560 $37,846 $66,714
2018 $3,824 $104,560 $37,846 $66,714
2017 $3,824 $104,560 $37,846 $66,714
2016 $3,838 $109,780 $40,430 $69,350
2015 $3,838 $109,780 $40,430 $69,350
2014 $3,838 $109,780 $40,430 $69,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 761265

Longleaf Pine REALTORS®

APN: 9592-93-2992

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