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Pending
  • $70,000

    500 N Gulf St, Sanford, NC 27330

    4beds
    3,306sqft
    : 
    $449/mo
    Get pre-qualified
    Single Family Residence, Residential, Multi Family
    Built in 1948
    -- sqft lot
    $49,600 Zestimate®
    $21/sqft
    $-- HOA

    What's special

    Historic charm
    INVESTOR SPECIAL in Sanford's Historic District! Spacious 4BR/4 1/2BA home (3,306 sq ft) built in 1948 with historic charm, now needs full renovation. Fire damage on upper level & black mold present; property sold strictly AS-IS. Excellent flip, rebuild, or restoration opportunity in sought-after neighborhood near downtown Sanford. Cash or renovation loan accepted; seller to make no repairs. Priced well below market to reflect condition. Bring your contractor & vision to unlock its full potential!
    225 days
    |
    68
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marilyn Banks 919-935-7994,

    Marilyn B. Realty LLC

    Source: Doorify MLS,MLS#: 10138160MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Flooring: Combination, Hardwood
      • Basement: Other
      Interior area
      • Total structure area: 3,306
      • Total interior livable area: 3,306 sqft
      • Finished area above ground: 1,653
      • Finished area below ground: 1,653

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Other
      • Has view: Yes
      Lot
      • Size: 10,454 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 444
      • Zoning: UN-6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Local Historic Designation
      • Property subtype: Single Family Residence, Residential, Multi Family
      Materials
      • Other
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: None
      • Subdivision: Historic District
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Sanford

      Financial & listing details

      • Price per square foot: $21/sqft
      • Tax assessed value: $193,000
      • Annual tax amount: $2,657
      • Date on market: 12/22/2025
      • Road surface type: Paved

        Estimated market value

        $49,600

        $41,000 - $60,000

        $1,565/mo

        Price history

        DateEventPrice
        2/1/2026Pending sale$70,000$21/sqft
        Source: Doorify MLS #10138160 Report a problem
        1/27/2026Price change$70,000-41.7%$21/sqft
        Source: Doorify MLS #10138160 Report a problem
        1/1/2026Pending sale$120,000$36/sqft
        Source: Doorify MLS #10138160 Report a problem
        12/22/2025Listed for sale$120,000-20%$36/sqft
        Source: Doorify MLS #10138160 Report a problem
        12/20/2025Listing removed$150,000$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        11/22/2025Listed for sale$150,000$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        10/29/2025Pending sale$150,000$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        10/12/2025Listed for sale$150,000$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        9/13/2025Pending sale$150,000$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        8/31/2025Price change$150,000-18.9%$45/sqft
        Source: Doorify MLS #10109138 Report a problem
        8/29/2025Listed for sale$185,000$56/sqft
        Source: Doorify MLS #10109138 Report a problem
        8/25/2025Pending sale$185,000$56/sqft
        Source: Doorify MLS #10109138 Report a problem
        7/14/2025Listed for sale$185,000$56/sqft
        Source: Doorify MLS #10109138 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,657 +0.8%$193,000
        2024$2,637 +1.2%$193,000
        2023$2,607 +38.8%$193,000 +67.2%
        2022$1,878 $115,400
        2021-- $115,400
        2020$1,897 +2.2%$115,400
        2019$1,857 -10.1%$115,400 -11.2%
        2018$2,065 +1.3%$130,000
        2017$2,039 $130,000
        2016$2,039 +1.2%$130,000
        2014$2,014 $130,000
        2013-- $130,000 -3.9%
        2012-- $135,300
        2011-- $135,300
        2010-- $135,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27330

        Getting around

        53 / 100
        Somewhat Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lee - Benjamin T Bullock Elementary School
        • Middle: Lee - West Lee Middle School
        • High: Lee - Southern Lee High School

        Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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