NOT LISTED FOR SALE

125 Memphis Way Spindale, NC 28160

Estimated Value: $334,000 - $369,000

3 Beds
2 Baths
1,585 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $315,000 $199 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,252/month

47 Days on Market

Highlights

  • Active Adult
  • Deck
  • Vaulted Ceiling
  • Open Floorplan
  • Pond
  • Wood Flooring

About This Home

As of May 2022

Looking to downsize & enjoy a simpler lifestyle? Be sure to check out this 3 bedroom 2 bath home in the 55+ community of Sparks Crossing. Terrific location close to the restaurants, shops & medical facilities of downtown Rutherfordton plus direct access to the Thermal Belt Rail Trail. Utilities are underground and all grounds are meticulously maintained by the HOA. Quick access to US-64 & US-221 N/S too. This adorable abode features a very functional U-shaped kitchen w/tons of storage space & granite countertops. Vaulted ceilings in the living room & french doors open to a wonderful screened porch. There's also a good sized deck w/private entrance to the primary bedroom. Lots of storage, access to high speed internet & no grass to mow!

Last Agent to Sell the Property

Courtney Houser

Steele Mountain Realty LLC License #315051 Listed on: 04/05/2022

Co-Listed By

Tricia Boston

Colfax Home & Land, Co License #303130

Last Buyer's Agent

Bernice Kaut

The Real Estate Place License #246079

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Zoning described as R6

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • 1,585 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Roll Under Sink
  • Doors with lever handles
  • No Interior Steps

Outdoor Features

  • Pond
  • Deck

Utilities

  • Heat Pump System

Community Details

  • Active Adult
  • Ray England Association
  • Sparks Crossing Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1636398 & 1640794

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2005
  • Ratio Current Price By Acre: 1125000.00
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Restrictions Description: 55+ Community
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1585
  • 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
  • Porch: Back,Covered,Deck,Front,Screened
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Accessibility Features: Bath Roll-Under Sink, Lever Door Handles, No Interior Steps
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Gas
  • Living Area: 1585
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Spindale
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas,Natural Gas
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fifty Five and Older, Pond
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Ray England
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: rayengland1199@gmail.com

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 1636398 & 1640794
  • Zoning Description: R6

Tax Info

  • RATIO List Price By Tax Amount: 1.64355

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 23, 2022
Sold by
Peeler Rebecca A and Peeler Celia C
Bought by
Windham Nancy Joanne
Seller's Agent
Courtney Houser
Steele Mountain Realty LLC
Buyer's Agent
Bernice Kaut
The Real Estate Place
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-1.56%
Current Estimated Value
$352,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,424
Avg. Annual Appreciation
3.11%

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 17, 2019
Sold by
Melton Garth Kim and Estate Of Rodger Keith Melton
Bought by
Peeler Rebecca A and Theiler Ceclia C
Seller's Agent
Kristen Greene
Main Street Realty Group LLC
Buyer's Agent
Julie McKinney
Lifestyle Properties
List Price
$184,500
Sold Price
$180,000
Premium/Discount to List
-$4,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Kendall Laura C and Kendall Thomas C
Bought by
Melton Rodger Keith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Windham Nancy Joanne $315,000 Williams Richard P
Peeler Rebecca A $180,000 None Available
Melton Rodger Keith $180,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $315,000 -1.6% $199 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $320,000 +77.8% $202 / Sq Ft
04/17/2019 04/17/19 Sold $180,000 -2.4% $125 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $184,500 +2.5% $128 / Sq Ft
12/31/2013 12/31/13 Sold $180,000 -9.3% $125 / Sq Ft View Prior Sale
12/01/2013 12/01/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $198,500 -- $138 / 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 $3,596 $303,500 $20,000 $283,500
2024 $35 $303,500 $20,000 $283,500
2023 $2,601 $303,500 $20,000 $283,500
2022 $2,601 $194,600 $15,000 $179,600
2021 $2,601 $194,600 $15,000 $179,600
2020 $2,601 $194,600 $15,000 $179,600
2019 $2,557 $194,600 $15,000 $179,600
2018 $1,892 $180,500 $15,000 $165,500
2016 $2,472 $180,500 $15,000 $165,500
2013 -- $180,500 $15,000 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3845799

Canopy MLS (Canopy Realtor® Association)

APN: 1636398