2201 Kay Dr, Unit 2206 Smithfield, NC 27577-5225
Property profile & analytics
2201 Kay Dr, Unit 2206, Smithfield, NC 27577-5225
- Garden apartment buildings
- 5,913 SF
- 8.25 lot acres
Property ID
US53-2328226
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Garden apartment buildings
Property Details for 2201 Kay Dr
- Year built
- 1971
- Lot size
- 8.25 lot acres
- Zone code
- RES
- Property type
- Garden apartment buildings
- APN
- 15A61044
- APU
- 15A61044
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 6, 2020 | $8,000,000 | Johnson Court Hsng Ptrs LP | Ffah Johnson Court LLC | Grant Deed | — |
| May 5, 2006 | — | Johnson Court Investors LLC | Tp Investors LLC | Grant Deed | — |
| Jul 14, 2005 | $1,676,500 | Thetford Group A Inevestors LLC | Thetford Properties III Limite Part | Warranty Deed | — |
| — | — | Ffah Johnson Court LLC | — | Deed Of Trust | $60.4M · Wilmington Tr |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $865,000
- 6.5%
- $800,000
- 7%
- $745,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $690,000
Market price range: $405k - $691k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $515,000 Current use
- COMMERCIAL (GENERAL)
- $760,000 Change: +47% Conversion: Moderate
- OFFICE BUILDING
- $740,000 Change: +44% Conversion: Moderate
- MEDICAL BUILDING
- $655,000 Change: +26% Conversion: Moderate
- RESTAURANT
- $585,000 Change: +13% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $550,000 Change: +6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.3654
- Latitude
- 35.4855
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, 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
2024
$0.00
$718,740
$4,969,820
$5,688,560
-
$718,740
$4,969,820
$5,688,560
