NOT LISTED FOR SALE

1502 S Rowan Ave Spencer, NC 28159

Estimated Value: $188,000 - $259,293

3 Beds
2 Baths
1,632 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $100,000 $61 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,666/month

70 Days on Market

Highlights

  • 0.8 Acre Lot
  • Patio
  • Baseboard Heating
  • Elevator
  • Central Air
  • 2 Car Garage

About This Home

As of February 2013

This attractive full brick ranch features beautifully refinshed hardwood floors, fresh paint and a very functional floorplan. Large rooms, fireplace, rocking chair front porch and large, over 3/4 acre lot makes this a must see home. Priced to sell and move-in ready.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1965

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 150x209x174x160
  • Property fronts an interstate
  • Possible uses of the property include Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Crawl Space
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1965
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1632
  • Room Count: 7

Exterior Features

  • Roof: Composition
  • Road Frontage: 150
  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Flood Plain/Bottom Land
  • Lot Size Area: 0.8
  • Lot Size Units: Acres
  • Parcel Number: 005
  • Lot Size Acres: 0.8
  • Lot Size: 150X209X174X160
  • Lot Size Sq Ft: 34848
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Jones Preston and Jones Jennifer
Bought by
Jones Pamela Elaine Knox
Current Estimated Value
$261,446

Purchase Details

Listed on
Oct 29, 2012
Closed on
Feb 14, 2013
Sold by
Lyerly Charles Jackson and Lyerly Martha Douglas
Bought by
Jones Preston A
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$80,000
Outstanding Balance
$56,745
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$182,078
Source: Public Records

Range of Values:

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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
Jones Pamela Elaine Knox -- None Available
Jones Preston A $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Preston A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Off Market $100,000 -- --
02/15/2013 02/15/13 Sold $100,000 -13.0% $61 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $114,900 -- $70 / 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
2024 $2,669 $236,211 $33,600 $202,611
2023 $2,669 $236,211 $33,600 $202,611
2022 $1,886 $143,672 $25,200 $118,472
2021 $1,886 $143,672 $25,200 $118,472
2020 $1,855 $141,343 $25,200 $116,143
2019 $1,855 $141,343 $25,200 $116,143
2018 $1,503 $115,840 $25,200 $90,640
2017 $1,503 $115,840 $25,200 $90,640
2016 $1,503 $115,840 $25,200 $90,640
2015 $1,526 $115,840 $25,200 $90,640
2014 $1,524 $119,282 $25,200 $94,082
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R54298

Canopy MLS (Canopy Realtor® Association)

APN: 030-005