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405 Gulf St

Sanford, NC 27330

3 bd 1 ba 1,306 sqft Built 1940 Lot 11,476 sqft single_family
Most recent sale
$138,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 6, 2023 Sold $55,000 Public Record
May 10, 2022 Sold $138,000 Public Record
May 2, 2022 Sold $137,500 LongleafPineRealtors
Jan 14, 2022 Price changed $169,900 MLS #675679
Dec 23, 2021 Listed $174,900 MLS #675679
Jul 2, 1996 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,400 $20,600 $113,000 $1,709
2024 $92,400 $20,600 $113,000 $1,689
2023 $92,400 $20,600 $113,000 $1,679
2022 $50,000 $10,300 $60,300 $1,134
2021 $50,000 $10,300 $60,300 $1,142
2020 $50,000 $10,300 $60,300 $1,139
2019 $50,000 $10,300 $60,300 $1,099
2018 $75,400 $25,000 $100,400 $1,645
2017 $75,400 $25,000 $100,400 $1,625
2016 $75,400 $25,000 $100,400 $1,600
2015 $75,400 $25,000 $100,400 $1,600
2014 $75,400 $25,000 $100,400 $1,525
2013 $75,400 $25,000 $100,400 $1,415
2012 $70,800 $15,200 $86,000 $1,234
2011 $70,800 $15,200 $86,000 $1,234
2010 $70,800 $15,200 $86,000 $1,209
2009 $70,800 $15,200 $86,000 $1,209
2008 $70,800 $15,200 $86,000 $1,209
2007 $70,800 $15,200 $86,000 $1,218

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,306 sqft
Lot size
11,476 sqft
ZIP code
27330
City
Sanford
Street
Gulf St
Coordinates
35.48348, -79.18617

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$828
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Gulf St last sell?
405 Gulf St most recently sold on May 10, 2022 for $138,000.
What is the current tax assessment for 405 Gulf St?
The most recent total assessment for 405 Gulf St (year 2025) is $113,000 with $1,709 in property tax.
How does 405 Gulf St's assessment compare to its last sale price?
The current assessment is 18.1% below the last sale price of $138,000.
When was 405 Gulf St built?
405 Gulf St was built in 1940.
How does 405 Gulf St compare to others on Gulf St?
We track 8 other properties on Gulf St. Browse the list under "Other properties on Gulf St" to compare beds, baths, and sale history.
What are the property facts for 405 Gulf St?
405 Gulf St is a 3 bed, 1 bath, 1,306 sqft, 11,476 sqft lot single_family.
Is 405 Gulf St a flip candidate?
No — 405 Gulf St does not appear in our flips dataset.
Is 405 Gulf St a tax-appeal candidate?
Yes — 405 Gulf St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.2%
2026 Q3
$328K
2026 Q4
$320.2K
ZIP 27330 — Median Price History + Forecast

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