842 AzaleaSpring Lake, NC 28390

Off market
$11,020,680 Estimated
  • Garden apartment buildings
  • 5,550 SF

Property Details for 842 Azalea

Year built
1972
Lot size
1.10 AC
Property size (Sq ft)
5,550 SF
Zone code
RA-20M
Property type
Garden apartment buildings
APN
010514 0498
APU
105140498

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,749,091
    6.5%
    $1,614,545
    7%
    $1,499,221
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,089,768
    Geo Method
    $1,974,618
  • Alternative Use

    Use
    Valuation
    Residential
    $1,614,545
    Hospitality
    $1,478,915
    Educational
    $1,230,440
    Medical
    $1,272,757
    Retail
    $1,914,018
842 Azalea, Spring Lake, North Carolina

Location Insight

City
Spring Lake
County
Harnett
State
North Carolina
Latitude
35.2378
Longitude
-78.9638
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,997
-
-
$342,686
-
$37,400
$305,286
$342,686

FAQs

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