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508 Pierce Street

508 Pierce Street, Sanford, NC 27330
Property in Lee
Sold Aug 22, 2014
$125,000
$112,500 by Coastal Fcu
Mortgage Due Sep 01, 2044
Sold Feb 18, 2011
Transfer
$50,653 by Mortgage Investors Corp
Mortgage Due Mar 01, 2041
508 Pierce Street has been categorized by the local assessors in Sanford, NC as a residential type of property. The building on the property was first built in 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 Pierce Street has 1,791 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 16,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 508 Pierce Street sold most recently in Aug 19, 2014 for a total of $125,000. If you work out the math, that's approximately a cost of $69.79 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,128 in taxes each year. 508 Pierce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $231,800. If we break it down further, the land itself was valued at $28,800. Improvements to the property, however, were assessed at a total of $203,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,400
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,791
  • Gross Building Area: 1,791
  • Building Area: 1,791
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,791
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLEARWATER FOREST
  • Land Acres: 0.377
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 70 PC 2/685

Ownership

  • Current Owner : DENNY GARY WILLIAM
  • Current Owner 2: DENNY CHRISTINE KING
  • Previous Owner : NUTTER BETTY
  • Previous Owner 2: NUTTER BETTIE L
  • Owner Before Previous Owner: NUTTER BETTIE L
  • Owner Before Previous Owner 2: NUTTER BETTY L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Lee County Schools
  • Census Tract: 030401

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAP 9653 04
  • Parcel: 9653-71-9453-00
  • Lot: 70
  • Municipality: CLEARWATER FIRE DIST
  • Latitude: 35.4849
  • Longitude: -79.1412

    Address

  • Full Address: 508 Pierce St
  • Address - House Number: 508
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: NC
  • City Name: Sanford
  • Carrier Code: R010
  • 4-Digit Zip Code: 9009
  • Zip Code: 27330

Valuation

    Tax

  • Total Area: 1,791
  • Tax Year: 2023
  • Tax Amount: $1,128
  • Tax Rate Code Area: FCW

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 68
  • Final Value: 297,374
  • High Value: 365,173
  • Low Value: 229,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Aug 22, 2014
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2044

    Market Valuation

  • Market Total Value: $231,800
  • Market Land Value: $28,800
  • Market Improvement Value: $203,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,800
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $203,000

    Sales

  • Current Sale Contract Date: Aug 19, 2014
  • Current Sale Recording Date: Aug 22, 2014
  • Current Sale Transaction ID: 1197534674
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-04498
  • Previous Sale Recording Date: Feb 18, 2011
  • Previous Sale Contract Date: Feb 11, 2011
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Aug 22, 2014
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS CORP
  • Previous Mortgage Transaction Date: Feb 18, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $50,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2041

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Frequently Asked Questions

What neighborhood is 508 Pierce Street located in?
The 508 Pierce Street is a located in the neighborhood of Lee in Lee, Sanford.
What is the average sales price for listings in 508 Pierce Street?
The average sales price for units in 508 Pierce Street is $0 currently.

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