NOT LISTED FOR SALE

407 N Gulf St Sanford, NC 27330

Estimated Value: $390,000 - $411,346

5 Beds
2 Baths
2,926 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $202,000 $69 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,434/month

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Front Porch
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Screened Patio

About This Home

As of June 2016

Charming historic bungalow from 1920 with all the charm and character you would expect. This lovely home is move-in ready. Imagine hosting dinner parties in the elegant dining room, relaxing on the rocking chair front porch, screen porch or sun room. Extensive molding work, hardwood floors, original fireplaces and much more add charm and character throughout this lovely home. The fenced back yard has an in-ground trampoline, play set and storage building. This home is conveniently located.-

Last Agent to Sell the Property

MARTHA LUCAS

RE/MAX UNITED License #255914 Listed on: 02/23/2016

Last Buyer's Agent

Andree Freeman

MANNING REALTY License #267694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,208

Year Built

  • Built in 1920

Lot Details

  • Back Yard Fenced
  • Zoning described as R-12 - Residential District

Home Design

  • Bungalow

Interior Spaces

  • 2,926 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Front Porch

Schools

  • B.T. Bullock Elementary School
  • West Lee Middle School
  • Lee County High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Rosemont Subdivision

Listing and Financial Details

  • Exclusions: -n/a
  • Assessor Parcel Number 964341502000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,208

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: - In-ground trampoline and play equipment conveys with the sale of this home.
  • Ownership: More than a year
  • Subdivision Name: ROSEMONT (LEE)
  • Directions: US-1 S to Exit 69A. right onto N. Horner Blvd. Right onto Bracken St. 1st Left onto Gulf St. Home is on the Right.-
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Master Downstairs
  • Living Area: 2926.0

Exterior Features

  • Fencing: Back Yard
  • Lot Features: <1 Acre
  • Exclusions: -n/a
  • Construction Type: Other
  • Exterior Features: Fence, Porch
  • Patio And Porch Features: Front Porch, Porch, Screened

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Security System
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: B.T. Bullock Elementary
  • High School: Lee County High
  • Middle Or Junior School: West Lee Middle School

Lot Info

  • Parcel #: 964341502000
  • Zoning Description: R-12 - Residential District
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: X

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Jun 6, 2016
Sold by
Brandenburg Brian Eric and Brandenburg Allison R
Bought by
Bostwick Sarah N and Peck Laina
Seller's Agent
MARTHA LUCAS
RE/MAX UNITED
Buyer's Agent
Andree Freeman
MANNING REALTY
List Price
$202,000
Sold Price
$202,000
Current Estimated Value
$398,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,087
Avg. Annual Appreciation
7.49%
Original Mortgage
$85,000
Outstanding Balance
$67,848
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$330,239

Purchase Details

Listed on
Jun 7, 2013
Closed on
Aug 15, 2013
Sold by
Branch Banking And Trust Co
Bought by
Brandenburg Brian Eric and Brandenburg Allison R
Seller's Agent
Crystal Copas
LAMCO ASSOCIATES, LLC.
Buyer's Agent
Andree Freeman
MANNING REALTY
List Price
$137,000
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$139,945
Interest Rate
4.48%
Mortgage Type
VA

Purchase Details

Closed on
Feb 15, 2013
Sold by
Federal Home Loan Mortgage Corp
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Oct 31, 2011
Sold by
Ponce Juan and Ponce Tracey
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 29, 2008
Sold by
Younger Raymond L and Younger Laura A
Bought by
Ponce Juan and Ponce Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Rendon Daniel T and Rendon Tabitha N
Bought by
Younger Raymond L and Younger Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,956
Interest Rate
6.74%
Mortgage Type
VA

Purchase Details

Closed on
Aug 26, 2005
Sold by
Sitison James Andrew and Sitison Margaret Delap
Bought by
Rendon Daniel T and Rendon Tabitha Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bostwick Sarah N $202,000 None Available
Brandenburg Brian Eric $137,000 None Available
Branch Banking And Trust Co -- None Available
Federal Home Loan Mortgage Corporation $201,805 None Available
Ponce Juan $200,000 None Available
Younger Raymond L $184,000 None Available
Rendon Daniel T $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostwick Sarah N $85,000
Previous Owner Brandenburg Brian Eric $139,945
Previous Owner Ponce Juan $190,000
Previous Owner Younger Raymond L $187,956
Previous Owner Rendon Daniel T $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2016 06/10/16 Sold $202,000 0.0% $69 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $202,000 +47.4% $69 / Sq Ft
08/23/2013 08/23/13 Sold $137,000 0.0% $44 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $137,000 -- $44 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $4,208 $323,900 $21,100 $302,800
2024 $4,188 $323,900 $21,100 $302,800
2023 $4,178 $323,900 $21,100 $302,800
2022 $3,004 $198,800 $10,900 $187,900
2021 $3,053 $198,800 $10,900 $187,900
2020 $3,044 $198,800 $10,900 $187,900
2019 $3,004 $198,800 $10,900 $187,900
2018 $2,949 $192,500 $25,000 $167,500
2017 $2,910 $192,500 $25,000 $167,500
2016 $2,885 $192,500 $25,000 $167,500
2014 $2,741 $192,500 $25,000 $167,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 461554

Longleaf Pine REALTORS®

APN: 9643-41-5020-00