$750,000
SOLD SEP 13, 2024

122 S 5th St Spring Lake, NC 28390

2 Beds
1 Bath
785 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$955 Per Sq Ft

809% Above List Price

42 Days on Market

Highlights

  • Popular Property
  • No HOA
  • Living Room
  • Ranch Style House
  • Cooling Available
  • Luxury Vinyl Tile Flooring

About This Home

As of September 2024

Looking for your first home or rental property? This is the one for you. Exceeding the 1% rule, this is a beautiful and affordable home in Spring Lake! With a newly painted exterior and new LVP floors in the kitchen and bathroom, this 2 bedroom 1 bath home is ready for its next owner. With a big yard and easy access to Ft. Liberty, Cape Fear Valley Medical Center, it is in a prime location for years to come!

Last Agent to Sell the Property

Dimitrios Christie

Century 21 Triangle Group License #334075 Listed on: 08/13/2024

Century 21 Triangle Group

Last Buyer's Agent

James Luebke

ERA Live Moore License #299965

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1956

Lot Details

  • 9,583 Sq Ft Lot
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 785 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • William T Brown Elementary School
  • Spring Lake Middle School
  • Pine Forest High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number ‭0501-95-1844

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 785.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 785.0
  • Room Types Primary Bathroom Level: Main
  • Utilities Propane3: Yes
  • Common Walls No Common Walls: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 9583.0
  • Fencing Chain Link: Yes
  • General Property Information Lot Size Acres: 0.22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Fencing: Chain Link
  • Acres: 0.22
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Propane
  • Heating: Heat Pump
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Cumberland - Pine Forest
  • Middle Or Junior School: Cumberland - Spring Lake

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: ‭0501-95-1844
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 766.01
  • Tax Year: 2023
  • Tax Map Number: 18

MLS Schools

  • Elementary School: Cumberland - William T Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 11, 2024
Sold by
Gd3 Investments Llc
Bought by
Luebke James
Seller's Agent
Dimitrios Christie
Century 21 Triangle Group
Buyer's Agent
James Luebke
ERA Live Moore
List Price
$82,499
Sold Price
$750,000
Premium/Discount to List
$667,501
809.1%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.68%
Original Mortgage
$60,000
Outstanding Balance
$59,468
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$151,881

Purchase Details

Closed on
Dec 10, 2021
Sold by
Trioaks Capital Llc
Bought by
Gd3 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,100
Interest Rate
2.98%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 14, 2020
Sold by
Koch Norbert and Koch Tracy Lynn
Bought by
Hkp Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Warranty Deed $340,000 Investors Title Insurance Co
Warranty Deed $276,000 None Available
Warranty Deed $200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Previous Owner $366,100 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $129,900 -82.7% $165 / Sq Ft
09/13/2024 09/13/24 Sold $750,000 +809.1% $955 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $82,499 0.0% $105 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $82,499 -2.8% $105 / Sq Ft
07/02/2024 07/02/24 For Sale $84,875 -- $108 / Sq Ft
Source: Doorify MLS

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
2024 $781 $29,694 $3,250 $26,444
2023 $781 $29,694 $3,250 $26,444
2022 $781 $29,694 $3,250 $26,444
2021 $781 $29,694 $3,250 $26,444
2019 $752 $29,400 $3,250 $26,150
2018 $752 $29,400 $3,250 $26,150
2017 $752 $29,400 $3,250 $26,150
2016 $816 $35,100 $3,250 $31,850
2015 $816 $35,100 $3,250 $31,850
2014 $816 $35,100 $3,250 $31,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10038926

Doorify MLS

APN: 0501-95-1844