NOT LISTED FOR SALE

111 8th St Spencer, NC 28159

Estimated Value: $75,000 - $102,284

3 Beds
1 Bath
1,258 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $75,000 $60 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $531/month

104 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2024

Get ready for an excellent investment opportunity! This charming 3-bedroom, 1-bath home, built in 1900 per Rowan County Tax Card, is on a corner lot and features large rooms and a covered front porch. Perfect for first-time homebuyers looking to renovate or an investor's dream, this property is sold AS-IS with no repairs. The vacant home will not qualify for FHA financing—cash or conventional only. Current 90 day repaired value is +/- $200,000.00

Last Agent to Sell the Property

Robert Nance

NorthGroup Real Estate LLC Brokerage Email: rob@thenancoteam.com License #207310 Listed on: 08/03/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Robert Nance

NorthGroup Real Estate LLC Brokerage Email: rob@thenancoteam.com License #207310 Listed on: 08/03/2024

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,148

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,258 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 032084

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 59.62
  • Geocode Confidence: High
  • Attribution Contact: rob@thenancoteam.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1258
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1258
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1258
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 032084
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Nov 25, 2024
Sold by
Rbc Holdings Of Rowan Llc
Bought by
Ruiz Cirenia Armengol
Seller's Agent
Robert Nance
NorthGroup Real Estate LLC
Buyer's Agent
Robert Nance
NorthGroup Real Estate LLC
List Price
$119,000
Sold Price
$75,000
Premium/Discount to List
-$44,000
-36.97%
Views
40
Current Estimated Value
$87,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,821
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Jan 29, 2024
Sold by
Mckenzie Larry Todd and Mckenzie Tracey
Bought by
Forest Point Properties Llc

Purchase Details

Closed on
Jan 23, 2024
Sold by
Ac Property Ventures Llc
Bought by
Pacheco Nancy Y and Pacheco Pedro A

Purchase Details

Closed on
Dec 5, 2007
Sold by
Keck James H and Keck Sherry A
Bought by
Keck Properties Llc

Purchase Details

Closed on
Jan 20, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Keck James

Purchase Details

Closed on
Oct 30, 2003
Sold by
Federal National Mortgage Association
Bought by
Chase Manhattan Mortgage Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruiz Cirenia Armengol $75,000 None Listed On Document
Ruiz Cirenia Armengol $75,000 None Listed On Document
Forest Point Properties Llc $160,000 None Listed On Document
Pacheco Nancy Y $232,000 Tryon Title
Keck Properties Llc -- None Available
Keck James $25,000 --
Chase Manhattan Mortgage Corp -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $75,000 -15.7% $60 / Sq Ft
11/12/2024 11/12/24 Price Changed $89,000 -10.1% $71 / Sq Ft
10/28/2024 10/28/24 Price Changed $99,000 -16.8% $79 / Sq Ft
10/23/2024 10/23/24 For Sale $119,000 +58.7% $95 / Sq Ft
08/12/2024 08/12/24 Off Market $75,000 -- --
08/03/2024 08/03/24 For Sale $119,000 -- $95 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $856 $75,712 $25,920 $49,792
2024 $1,056 $93,422 $25,920 $67,502
2023 $1,056 $93,422 $25,920 $67,502
2022 $632 $48,150 $21,600 $26,550
2021 $632 $48,150 $21,600 $26,550
2020 $632 $48,150 $21,600 $26,550
2019 $632 $48,150 $21,600 $26,550
2018 $609 $46,894 $21,600 $25,294
2017 $609 $46,894 $21,600 $25,294
2016 $609 $46,894 $21,600 $25,294
2015 $618 $46,894 $21,600 $25,294
2014 $706 $55,233 $15,840 $39,393
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4167206

Canopy MLS (Canopy Realtor® Association)

APN: 032-084