Zip Code
503 Forest Rd, Laurinburg, NC 28352
4 beds · 2 baths · 2,070 sq ft · Lot: 36,393 sq ft · Single Family Home · Built: 1977
Est. Value:
$218K
Est. Rent:
$2.5K/month

503 Forest Rd Laurinburg, NC 28352

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4 beds · 2 baths · 2,070 sq ft · Lot Size: 36,393 sq ft · Single Family Home
Est. Property Value: $218,029

Large Lot AdvantageOwner Age 45 - 55

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503 Forest Rd is in the 28352 neighborhood of Laurinburg, NC. It is located in Scotland County and ZIP code 28352. This Single Family Home was built in 1977 and is approximately 48 years old. The single family home spans 2070 sq ft with 4 bedrooms and 2 bathrooms and sits on a 36393 sq ft lot. According to public records, it was sold for $101,500 and has a tax-assessed value of $116,150, which is $105 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 503 Forest Rd Laurinburg, NC 28352 with Property Intel by Whitepages.

Investment Potential for 503 Forest Rd

The property has a current estimated value of $218,029, which is 5% below the zip median, based on public records. It last sold for $101,500. Projected long-term
is $29,400 annually ($2,450 per month) with a 84% occupancy rate.

Discover more Single Family Homes in 28352.
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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
84%in 28352 zip code
 
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Owners & Occupancy for 503 Forest Rd

This property is owned by Eric S Shippee. Owner contact information includes 9 phone numbers and 6 email addresses.

Property Owners

OccupationTechnical Quality Manager, Service Thread
Cell Phone(910) ***-****View Cell Phone
Residence**************
Landline(910) 410-0478
Distance from Property**********
Email Address*********@gmail.comView Email
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Property Ownership Information

Property Tax Amount$1,205 in 2023
Purchase Price$101,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 47
Resident 2*************** age 44

Property Details for 503 Forest Rd

Property Details

Property Sq Ft

Living Area

2,070 sq ft

14% below market

Lot Size

36,393 sq ft

25% above market

Price Per Sq Ft

Living Area

$105 / sq ft

1% above market

Lot Size Area

$6 / sq ft

38% below market

Property condition, age, exterior, etc. for 503 Forest…
Longitude: -79.482895 Latitude: 34.772358 Parcel Number (APN): 01-0023-03-049…
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Recommended Properties in 28352

Discover more single family homes near 503 Forest Rd in Laurinburg, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 503 Forest Rd in Scotland County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$218,029
$439,653
-$221,623 (-50%)
$******
$607,199
-$155,156 (-26%)
YoY Price Change
****%
1.98%
-247%
Year Built
1977
2000
-23 years
Living Space
2,070 sq ft
2,660 sq ft
-590 (-22%)
$ Per Living Sq Ft
$105
$172
-$67 (-39%)
Lot Size
36,393 sq ft
19,733 sq ft
16660 (84%)
$ Per Lot Sq Ft
$6
$31
-$25 (-81%)

Net Operating Income
$*****
$22,858
-$197 (-1%)
Annual Revenue
$29,400
$33,000
-$3,600 (-11%)
$****
$9,303
-$2,564 (-28%)
Net Operating Income
$*****
$22,858
-$197 (-1%)
Cap Rate
****%
5.11%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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