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121 Chatham Street

121 Chatham Street, Sanford, NC 27330
Commercial in Lee
121 Chatham Street has been categorized by the local assessors in Sanford, NC as a commercial type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 2000. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 121 Chatham Street has 5,780 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 1,150 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 5,471 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 a combination of material. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating 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. The property was last sold in Jan 27, 2020 for $575,000. That's $99.48 per sqft. 121 Chatham Street was last assessed in 2023. The total value of the property was assessed at $829,600. Specifically, the land the property is located on was valued at $27,400. While improvements on the property were assessed at a total of $802,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,743. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231004
10/04/2023
Loft
-
-
$4,982
bedrooms
Loft
bathrooms
-
-
-
-
Marguerite Greene
Century 21 Triangle Group

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,471
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 480
  • Total Building Area: 5,780
  • Gross Building Area: 5,780
  • Building Area: 5,780
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: DEATON
  • Land Acres: 0.126
  • Standard Land Use Code: Neighborhood shopping center, stripe center/mall, enterprise zone
  • Legal Description 1: LOT 225 TRACT 5 PC 2/289 PC 10/29C 1555/816 RESTAURANT 121

Ownership

  • Current Owner : CHATHAM 121 LLC
  • Previous Owner : PROGRESSIVE DEVELOPMENT COMPANY LLC
  • Owner Before Previous Owner: CASCADE FIBERS CO INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lee County Schools
  • Census Tract: 030200

Zoning

  • Zoning: CENTRAL BU

Geography

  • Assessors Map Reference: MAP 9643 19
  • Subdivision Tract Number: 5
  • Parcel: 9643-70-4194-00
  • Lot: 225
  • Municipality: CENTRAL BUISNESS
  • Latitude: 35.4809
  • Longitude: -79.1763

    Address

  • Full Address: 121 Chatham St
  • Address - House Number: 121
  • Address - Street Name: Chatham
  • Address - Suffix Type: St
  • State: NC
  • City Name: Sanford
  • Carrier Code: C008
  • 4-Digit Zip Code: 4335
  • Zip Code: 27330

Valuation

    Tax

  • Total Area: 5,780
  • Tax Year: 2023
  • Tax Amount: $5,743
  • Tax Rate Code Area: CBD

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $431,250
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Jan 27, 2020
  • First Open Lien Mortgage Loan Amount: $431,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $829,600
  • Market Land Value: $27,400
  • Market Improvement Value: $802,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $829,600
  • Assessed Land Value: $27,400
  • Assessed Improvements Value: $802,200

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Transaction ID: 11730569116
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00510
  • Previous Sale Recording Date: Dec 12, 2001
  • Previous Sale Contract Date: Dec 12, 2001
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Jan 27, 2020
  • First Mortgage Loan Amount: $431,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Sanford



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 121 Chatham Street located in?
The 121 Chatham Street is a commercial located in the neighborhood of Lee in Sanford, Sanford.
What is the average sales price for listings in 121 Chatham Street?
The average sales price for units in 121 Chatham Street is $0 currently.

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