825 AzaleaSpring Lake, NC 28390

Off market
$13,124,720 Estimated
  • Garden apartment buildings
  • 3,975 SF

Property Details for 825 Azalea

Year built
1972
Lot size
1.31 AC
Property size (Sq ft)
3,975 SF
Zone code
RA-20M
Property type
Garden apartment buildings
APN
010514 0449
APU
105140449

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,252,722
    6.5%
    $1,156,358
    7%
    $1,073,761
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,496,743
    Geo Method
    $1,414,253
  • Alternative Use

    Use
    Valuation
    Residential
    $1,156,358
    Hospitality
    $1,059,218
    Educational
    $881,257
    Medical
    $911,565
    Retail
    $1,370,844
825 Azalea, Spring Lake, North Carolina

Location Insight

City
Spring Lake
County
Harnett
State
North Carolina
Latitude
35.2371
Longitude
-78.9634
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
$2,302
-
-
$267,707
-
$36,630
$231,077
$267,707

FAQs

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