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$185,000

500 N Gulf St Sanford, NC 27330

4 beds
4 full, 1 partial
3,306 sqft
0.2 acres
$56 / sqft
House

Property details

About 500 N Gulf St

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!

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingCentral Air
Size3,306 sqft
BasementYes
Lot size0.24 Acres
Year built1948
MLS #10109138
FireplaceBasement, Gas Log, Living Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Wood
  • Fireplace: Basement, Gas Log, Living Room
  • Total Bedroom Count: 4
  • Architectural Style: Local Historic Designation
  • Heating: Other
  • Cooling: Central Air
  • List Price: $185,000
  • Price/SqFt: $55
  • Annual Tax Amount: $2,637
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: Head west on US-421 BUS/S Horner, Turn left onto Bracken Street, turn right onto N. Gulf Street, destination on the right.
  • Year Built: 1948
  • Living Area: 3,306 SqFt
  • Lot Size: 0.24 Acres
  • MLS Number: 10109138
  • MLS Name: Doorify MLS
  • Office Name: MARILYN B. REALTY LLC
  • Office Phone: (919) 935-7994
  • Office Email: marilyn.banks@mbrealtync.com
  • Listing Agent: Marilyn Banks

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$193,000$2,637
2023$193,000$2,627
2022$115,400$-
2021$115,400$1,902
2020$115,400$1,896
2019$115,400$2,064
2018$130,000$2,038
2017$130,000$2,038

History based on county public records data.

Nearby schools

5

Wb Wicker Elementary School

Public District PK-5

0.8 mi

900 S Vance St

3

Bt Bullock Elementary School

Public District KG-5

1.5 mi

1410 McNeill Rd

5

J R Ingram Jr Elementary School

Public District KG-5

1.6 mi

3309 Wicker St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,215. The most common annual income of people living in Sanford, NC is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

52%
<35k
40%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
22%
Single, with Kids
19%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Family DollarFamily Dollar
  • KmartKmart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • FordFord
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 N Gulf St

The listing price of 500 N Gulf St property is $185,000.

The property 500 N Gulf St is a house located in Sanford, North Carolina, 27330.

Active Listing: 500 N Gulf St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 500 N Gulf St are: Wb Wicker Elementary School (GreatSchools Rating 5/10), Bt Bullock Elementary School (GreatSchools Rating 3/10), J R Ingram Jr Elementary School (GreatSchools Rating 5/10), West Lee Middle School (GreatSchools Rating 2/10), Sanlee Middle School (GreatSchools Rating 5/10), East Lee Middle School (GreatSchools Rating 4/10), Bragg Street Academy (GreatSchools Rating 1/10), Lee County High School (GreatSchools Rating 2/10), Lee Early College (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $2,637 (source: MLS/based on county public records data).

The property at 500 N Gulf St has 4 bedrooms and 4 full and 1 half bathrooms.

The property 500 N Gulf St is 3,306 SqFt (source: MLS/tax record).

The year of construction for 500 N Gulf St is 1948.

This home is located at 500 N Gulf St in Sanford, NC and zip code 27330. This 3,306 square foot home, which was built in 1948, sits on a 0.24 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $185,000.

Sanford, NC housing market in June 2025 saw over 16 listings sold above listed price, more than 33 sold at listed price and over 53 sold below. Between May and June 2025, Sanford, NC real estate market has seen decrease in the number of listings by 8.9%. In June 2025, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $325,000.

From Rocket Homes Real Estate and based on county public records data.

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