NOT LISTED FOR SALE

112 2nd St Spencer, NC 28159

Estimated Value: $206,479 - $213,000

3 Beds
2 Baths
1,533 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $168,000 $110 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,239/month

21 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 1-Story Property
  • Front Porch
  • Bungalow
  • Central Air

About This Home

As of June 2023

3 bedroom, 2 bath home filled with character that has been a great rental. Currently vacant, sitting just a few blocks from Downtown Spencer, it would also make a great home for first time buyers or to be used as an investment property. Has granite counters, LVP flooring and interior paint.
Seller has no survey on file, recommended for buyer to have one done to confirm shared driveway status.

Last Agent to Sell the Property

Alayna Slusser

ALBRICK License #342381 Listed on: 03/23/2023

ALBRICK

Co-Listed By

Luke Miller

Wallace Realty License #314218

Last Buyer's Agent

Tara Metcalf

NorthGroup Real Estate LLC License #319324

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • Level Lot
  • Property is zoned Two Fam

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Front Porch

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Ab Andrews Jr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035133

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1906
  • Road Surface Type: Dirt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 109.59
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1533
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1533
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1533
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 035133
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Two Fam

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 8, 2023
Sold by
Byler Edwin and Byler Kira
Bought by
Leonard Christopher Wayne and Leonard Miranda Nicole
Seller's Agent
Alayna Slusser
ALBRICK
Buyer's Agent
Tara Metcalf
NorthGroup Real Estate LLC
List Price
$159,000
Sold Price
$168,000
Premium/Discount to List
$9,000
5.66%
Views
173
Current Estimated Value
$207,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,381
Avg. Annual Appreciation
8.40%
Original Mortgage
$164,957
Outstanding Balance
$158,413
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$50,457

Purchase Details

Closed on
Sep 17, 2019
Sold by
Shepherd Dolph Lee and Shepherd Sarah W
Bought by
Byler Edwin

Purchase Details

Closed on
Sep 3, 1998
Bought by
Shepherd Dolph Lee and Shepherd Wf
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Leonard Christopher Wayne $168,000 None Listed On Document
Leonard Christopher Wayne $168,000 None Listed On Document
Byler Edwin $36,000 None Available
Shepherd Dolph Lee $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Christopher Wayne $164,957
Closed Leonard Christopher Wayne $164,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $168,000 +5.7% $110 / Sq Ft
03/23/2023 03/23/23 For Sale $159,000 -- $104 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,945 $172,166 $19,200 $152,966
2024 $1,945 $172,166 $19,200 $152,966
2023 $995 $172,166 $19,200 $152,966
2022 $936 $71,344 $16,000 $55,344
2021 $936 $71,344 $16,000 $55,344
2020 $936 $71,344 $16,000 $55,344
2019 $936 $71,344 $16,000 $55,344
2018 $797 $61,428 $16,000 $45,428
2017 $797 $61,428 $16,000 $45,428
2016 $797 $61,428 $16,000 $45,428
2015 $809 $61,428 $16,000 $45,428
2014 $837 $65,470 $14,500 $50,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4012640

Canopy MLS (Canopy Realtor® Association)

APN: 035-133

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