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Sold for $440,000
  • $440,000

    5627 Quail Ridge Dr, Sanford, NC 27332

    --beds
    0baths
    4,498sqft
    Quadruplex, Multi Family
    Built in 1974
    -- sqft lot
    $507,300 Zestimate®
    $98/sqft
    $1,287 Estimated rent

    Home value

    $507,300

    $457,000 - $558,000

    $1,287/mo

    Zestimate® history
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    $1,287/mo

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    $2,619/mo

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    What's special

    Great investment opportunity. Quadroplex property with a total of 8 bedrooms and 6 bathrooms. The 2 upstairs units have 2 bedrooms and 2 bathrooms, the 2 downstairs units have 2 bedrooms and 1 bathrooms. The 2 top units have nice sized sunrooms. All 4 units are currently rented and have a garage each. The property also has 1.22 acres (front lot is .87 of and acre and back connecting lot is .35 of an acre) in Quail Ridge subdivision. Nice property with great rental history. Convenient location to Raleigh, Ft Bragg, Southern Pines, etc.

    Zillow last checked:

    Listing updated:

    Listed by:

    TRACY FIORE,

    ERA STROTHER REAL ESTATE #5

    Bought with:

    Chris Barr, 285747

    Keller Williams Preferred Realty

    Source: LPRMLS,MLS#: 709123MLS LogoOriginating MLS: Longleaf Pine Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Laminate, Vinyl
    Interior area
    • Total interior livable area: 4,498 sqft

    Property

    Features
    • Has view: Yes
    • View description: Golf Course
    Lot
    • Features: On Golf Course
    Details
    • Parcel number: 953907220200/953907215000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Composite Siding
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Community
    • Community features: Gutter(s)
    Location
    • Region: Sanford
    • Subdivision: Quail Ridge

    Other

    Other facts
    • Listing terms: Cash,New Loan

    Price history

    DateEventPrice
    1/11/2024Sold$440,000-14.6%$98/sqft
    Source: LPRMLS #709123 Report a problem
    10/31/2023Pending sale$515,000$114/sqft
    Source: LPRMLS #709123 Report a problem
    10/11/2023Price change$515,000-6.3%$114/sqft
    Source: LPRMLS #709123 Report a problem
    8/29/2023Price change$549,900-4.4%$122/sqft
    Source: LPRMLS #709123 Report a problem
    8/8/2023Listed for sale$575,000$128/sqft
    Source: LPRMLS #709123 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,824 +3.9%$420,600
    2024$3,679 +9.6%$420,600 +9.9%
    2023$3,356 +29.7%$382,600 +57%
    2022$2,587 $243,700
    2021-- $243,700
    2020$2,553 $243,700
    2019$2,553 -8.7%$243,700 -8.2%
    2018$2,797 +1.1%$265,600
    2017$2,767 $265,600
    2016$2,767 +3.2%$265,600
    2014$2,680 $265,600
    2013-- $265,600 -7.2%
    2012-- $286,300
    2011-- $286,300
    2010-- $286,300

    Find assessor info on the county website

    Neighborhood: 27332

    Nearby schools

    GreatSchools rating
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    $507,300
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    With Zillow Showcase(estimated)
    $517,446