NOT LISTED FOR SALE

3197 Deep River Rd Sanford, NC 27330

Estimated Value: $168,000 - $290,833

2 Beds
2 Baths
1,610 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $120,000 $75 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,377/month

123 Days on Market

Highlights

  • Corner Lot
  • Landscaped with Trees
  • Heating System Uses Gas
  • Window Unit Cooling System
  • Carpet

About This Home

As of March 2024

Great INVESTMENT property whether you choose to rent both units OR live in one & rent the other to offset your monthly expenses. Could also be an opportunity for MULTI-GENERATIONAL LIVING. New roof shingles 10/2023. #3195 is 1 bedroom/1 bath with additional flex room/office. #3197 is 1 bedroom/1 bath with covered front porch & back deck. Total sq ft is ~1610. This duplex offers plenty of space for parking on each side. Beautiful mature trees! Convenient location with easy access to US1 & 15-501. Approximately 3 miles to Astellas; 4 mi to Pfizer & Raleigh Executive Jetport; 30 mi to UNC; 36 mi to RDU & RTP; 39 mi to Fort Liberty.

Last Agent to Sell the Property

Laurie Lynch

Chatham Homes Realty License #300006 Listed on: 10/23/2023

Last Buyer's Agent

Alexander David

New Western Acquisitions License #309135

New Western Acquisitions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1946

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Landscaped with Trees

Parking

  • 4 Parking Spaces

Home Design

  • 1,610 Sq Ft Home
  • Masonite

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding

Schools

  • Deep River Elementary School
  • East Lee Middle School
  • Lee High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 965637967200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Year Built: 1946
  • Prop. Type: Residential Income
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1610.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Other Structures Outbuilding: Yes
  • Flooring Laminate: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1610.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.19
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Gas Pack, Propane
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Schools

  • Ninth Grade High School: Lee - Lee
  • Middle Or Junior School: Lee - East Lee

Lot Info

  • Zoning: RA
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 965637967200

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 815.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lee - Deep River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Blodgett Properties Llc
Bought by
Blogdecio Investments Llc
Current Estimated Value
$242,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Outstanding Balance
$175,364
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$66,844

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 8, 2024
Sold by
Trioaks Capital Llc
Bought by
Blodgett Properties Llc
Seller's Agent
Laurie Lynch
Chatham Homes Realty
Buyer's Agent
Alexander David
New Western Acquisitions
List Price
$205,000
Sold Price
$120,000
Premium/Discount to List
-$85,000
-41.46%
Views
395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.45%
Original Mortgage
$130,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1999
Sold by
Thurman Robin Jennifer
Bought by
Griffin Karen Lawton
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
Blogdecio Investments Llc -- None Listed On Document
Blodgett Properties Llc $125,000 None Listed On Document
Blodgett Properties Llc $125,000 None Listed On Document
Trioaks Capital Llc $120,000 None Listed On Document
Trioaks Capital Llc $120,000 None Listed On Document
Griffin Karen Lawton $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blogdecio Investments Llc $177,600
Previous Owner Blodgett Properties Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $120,000 -35.1% $75 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $185,000 -9.8% $115 / Sq Ft
12/30/2023 12/30/23 Price Changed $205,000 0.0% $127 / Sq Ft
12/30/2023 12/30/23 For Sale $205,000 -6.8% $127 / Sq Ft
12/16/2023 12/16/23 Off Market $220,000 -- --
11/27/2023 11/27/23 Price Changed $220,000 -4.3% $137 / Sq Ft
10/23/2023 10/23/23 For Sale $230,000 -- $143 / Sq Ft
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 $1,240 $121,400 $12,800 $108,600
2024 $840 $71,300 $12,800 $58,500
2023 $815 $71,300 $12,800 $58,500
2022 $736 $53,100 $10,700 $42,400
2021 $727 $53,100 $10,700 $42,400
2020 $688 $53,100 $10,700 $42,400
2019 $688 $53,100 $10,700 $42,400
2018 $666 $49,000 $6,400 $42,600
2017 $655 $49,000 $6,400 $42,600
2016 $641 $49,000 $6,400 $42,600
2014 $591 $49,000 $6,400 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2538705

Doorify MLS

APN: 9656-37-9672-00