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506 West Chisholm Street

506 West Chisholm Street, Sanford, NC 27330
House in Lee
Sold May 17, 2021
$125,000
$119,790 by Alcova Mortgage Llc
Mortgage Due Jun 01, 2051
Local assessors in Sanford, NC have categorized 506 West Chisholm Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 8,999 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 506 West Chisholm Street has a total of 868 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a heat pump is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 506 West Chisholm Street was last sold in May 12, 2021 for $125,000. According to our calculations, that's $144.01 per sqft. Current property owners are expected to pay $1,864 in taxes per year. The property on 506 West Chisholm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,600. To break that down further, the land itself was valued at $17,600. While improvements to the property were assessed at a total of $111,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2010
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,999
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 868
  • Gross Building Area: 868
  • Building Area: 868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 868
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15* 16* BLK XI PC 2/269

Ownership

  • Current Owner : MOODY LARRY DWAYNE
  • Previous Owner : MILLER TODD ASHLEY
  • Previous Owner 2: LEE BINNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County Schools
  • Census Tract: 030101

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAP 9643 03
  • Parcel: 9643-40-2657-00
  • Block: XI
  • Lot: 15- 16
  • Municipality: CITY OF SANFORD
  • Latitude: 35.4827
  • Longitude: -79.1872

    Address

  • Full Address: 506 W Chisholm St
  • Address - House Number: 506
  • Street Direction: W
  • Address - Street Name: Chisholm
  • Address - Suffix Type: St
  • State: NC
  • City Name: Sanford
  • Carrier Code: C010
  • 4-Digit Zip Code: 3816
  • Zip Code: 27330

Valuation

    Tax

  • Total Area: 868
  • Tax Year: 2023
  • Tax Amount: $1,864
  • Tax Rate Code Area: CSF

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 115,437
  • High Value: 158,785
  • Low Value: 72,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,790
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $119,790
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $128,600
  • Market Land Value: $17,600
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,600
  • Assessed Land Value: $17,600
  • Assessed Improvements Value: $111,000

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835954199
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-03976

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $119,790
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Sanford



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Frequently Asked Questions

What neighborhood is 506 West Chisholm Street located in?
The 506 West Chisholm Street is a house located in the neighborhood of Lee in Sanford, Sanford.
What is the average sales price for listings in 506 West Chisholm Street?
The average sales price for units in 506 West Chisholm Street is $0 currently.

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