NOT LISTED FOR SALE

2601 Steel Bridge Rd Unit 2601 and 2603 Sanford, NC 27330

Estimated Value: $165,000 - $189,024

2 Beds
2 Baths
-- Sq Ft
1950 Built

Last Sold June 01, 2023

Last sale price $140,000

Est. 29% increase in value since last sale

Current estimated payment $1,037/month

114 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating Available
  • Wood Siding

About This Home

As of June 2023

Investor Special! Duplex located on Steel Bridge Rd in Sanford, NC. Each unit has one bedroom and one bathroom. Lots of potential with some "TLC".

Last Agent to Sell the Property

Crystal Franklin-Copas

Re/Max Real Estate Service License #251466 Listed on: 11/01/2022

Last Buyer's Agent

Kari Williams

LPT Realty, LLC License #340715

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1950

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Schools

  • Jr Ingram Elementary School
  • West Lee Middle School
  • Southern Lee High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • Vinyl Flooring
  • Crawl Space

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$625

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • Flooring Vinyl: Yes
  • Contract Information Lease Term: 30 Days
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Schools

  • Ninth Grade High School: Lee - Southern Lee High
  • Middle Or Junior School: Lee - West Lee

Rental Info

  • Lease Term: 30 Days
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 625.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lee - JR Ingram

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
May 15, 2023
Sold by
Donald R Simpson Irrevocable Trust
Bought by
Bates Real Estate Holdings Llc
Seller's Agent
Crystal Franklin-Copas
Re/Max Real Estate Service
Buyer's Agent
Kari Williams
LPT Realty, LLC
List Price
$189,900
Sold Price
$140,000
Premium/Discount to List
-$49,900
-26.28%
Views
278
Current Estimated Value
$180,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,256
Avg. Annual Appreciation
11.15%
Original Mortgage
$112,000
Outstanding Balance
$108,886
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$71,370
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bates Real Estate Holdings Llc $140,000 None Listed On Document
Simco Holdings Llc -- None Listed On Document
Simco Holdings Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Real Estate Holdings Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $140,000 -- --
06/01/2023 06/01/23 Sold $140,000 -26.3% --
02/23/2023 02/23/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $189,900 0.0% --
11/15/2022 11/15/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $189,900 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,004 $116,100 $23,200 $92,900
2024 $1,004 $116,100 $23,200 $92,900
2023 $744 $78,000 $23,200 $54,800
2022 $625 $55,000 $18,500 $36,500
2021 $629 $55,000 $18,500 $36,500
2020 $614 $55,000 $18,500 $36,500
2019 $560 $55,000 $18,500 $36,500
2018 $587 $51,000 $16,700 $34,300
2017 $581 $51,000 $16,700 $34,300
2016 $574 $51,000 $16,700 $34,300
2014 $523 $51,000 $16,700 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2481925

Doorify MLS

APN: 9612-91-8811-00