NOT LISTED FOR SALE

116 2nd St Spencer, NC 28159

Estimated Value: $175,000 - $277,000

3 Beds
2 Baths
2,140 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $42,000 $20 Per Sq Ft

Est. 466% increase in value since last sale

Current estimated payment $1,442/month

363 Days on Market

About This Home

As of August 2018

Home needs TLC. Brick home with three bedrooms.

Last Agent to Sell the Property

Cathy Griffin

Century 21 Towne and Country License #187850 Listed on: 08/17/2017

Century 21 Towne and Country

Last Buyer's Agent

Lindsey Rusher

Key Real Estate License #288977

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.3

Parking

  • Circular Driveway

Home Design

  • Brick Exterior Construction

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 035135

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.92308
  • Ratio Close Price By Original Li: 0.70117
  • Ratio Current Price By Acre: 140000.00
  • Ratio Current Price By Sq Ft: 19.63
  • Year Built: 1927
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Laundry Location: Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 2140
  • Total Sq Ft: 2140
  • Sq Ft Unheated Basement: 963
  • Sq Ft Unheated Total: 963

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular
  • Parking: Garage - 1 Car

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 035135
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 110302.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Aug 28, 2018
Sold by
Burnsides Thomas G
Bought by
Sandoval Mario A and Cerrato Daysi
Seller's Agent
Cathy Griffin
Century 21 Towne and Country
Buyer's Agent
Lindsey Rusher
Key Real Estate
List Price
$45,500
Sold Price
$42,000
Premium/Discount to List
-$3,500
-7.69%
Current Estimated Value
$237,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,781
Avg. Annual Appreciation
26.68%

Purchase Details

Closed on
Jan 5, 2012
Sold by
Burnsides Robert Kent
Bought by
Burnsides Thomas G

Purchase Details

Closed on
May 7, 2007
Sold by
Burnsides Thomas G
Bought by
Burnsides Thomas G and Burnsides Robert Kent

Purchase Details

Closed on
Feb 1, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Burnsides Thomas Garfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2005
Sold by
Leffew Teresa S and Leffew Patrick
Bought by
Jp Morgan Chase Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sandoval Mario A $40,000 None Available
Burnsides Thomas G -- None Available
Burnsides Thomas G -- None Available
Burnsides Thomas Garfield $54,900 None Available
Jp Morgan Chase Bank $94,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burnsides Thomas Garfield $6,500
Previous Owner Burnsides Thomas Garfield $47,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $42,000 -7.7% $20 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $45,500 -24.0% $21 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
08/17/2017 08/17/17 For Sale $59,900 -- $28 / 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 $2,348 $207,803 $28,800 $179,003
2024 $2,348 $207,803 $28,800 $179,003
2023 $2,348 $207,803 $28,800 $179,003
2022 $1,656 $126,173 $24,000 $102,173
2021 $1,656 $126,173 $24,000 $102,173
2020 $1,656 $126,173 $24,000 $102,173
2019 $1,627 $123,960 $24,000 $99,960
2018 $1,431 $110,302 $24,000 $86,302
2017 $1,431 $110,302 $24,000 $86,302
2016 $1,431 $110,302 $24,000 $86,302
2015 $1,453 $110,302 $24,000 $86,302
2014 $1,510 $118,133 $21,750 $96,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3312203

Canopy MLS (Canopy Realtor® Association)

APN: 035-135