NOT LISTED FOR SALE

154 Spencer St Davidson, NC 28036

Estimated Value: $966,000 - $1,184,000

5 Beds
3.5 Baths
2,907 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $585,000 $201 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,483/month

32 Days on Market

Highlights

  • Pond
  • Traditional Architecture
  • Attic
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Recreation Facilities

About This Home

As of July 2019

Gorgeous 5BR/3.5BA home in McConnell neighborhood, close to downtown Davidson! Stunning kitchen with white cabinets to the ceiling, SS appliances, 36” dual-fuel range with custom hood. Light, bright breakfast area! Butler’s pantry has marble countertop and beverage refrigerator! Formal dining and living/office space with French doors. Plantation shutters, mouldings, beautiful updated lighting, & 9’ ceilings throughout! Open floor plan has great room with vaulted ceiling, fireplace and built-ins! Sunroom, patio and private backyard! Large master bedroom with updated master bath! His/her floating vanities, soaking tub and separate shower! Hardwood floors refinished, home completely painted, new appliances, roof, and tankless hot water heater in 2016! New HVAC systems in 2018! This fabulous home has been fully renovated and updated… reads like brand new! Smart features: Keyless entries, CAT 5 cable throughout, garage wired for 220v, LED lighting throughout! Don’t miss this opportunity!

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 05/24/2019

Keller Williams Lake Norman

Co-Listed By

Jim Richards

Keller Williams Lake Norman License #270309

Last Buyer's Agent

Jeffrey King

Savvy + Co Real Estate License #236333

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.41

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Pond
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 003-315-15

Community Details

Overview

  • Hawthorne Mgmt Company Association, Phone Number (704) 377-0114
  • Built by Saussy Burbank

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99237
  • Ratio Close Price By Original Li: 0.97516
  • Ratio Current Price By Acre: 1426829.27
  • Ratio Current Price By Sq Ft: 201.24
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1158
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Walk-in, Cable Available, Garden Tub, Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 529
  • Main Level Sq Ft: 1749
  • Total Sq Ft: 2907
  • Sq Ft Unheated Main: 252
  • Sq Ft Unheated Total: 358
  • Sq Ft Unheated Upper: 106

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Satellite Internet Available, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Driveway, Garage - 2 Car, On-Street Parking

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Playground, Pond, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Mgmt Company
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 75x210x160x131
  • Lot Features: Paved Frontage, Trees
  • Parcel Number: 003-315-15
  • Zoning Specification: VIP

Building Info

  • Builder Name: Saussy Burbank

Tax Info

  • Tax Value: 473500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 30, 2019
Sold by
Ruthstrom Christopher and Ruthstrom Kelley
Bought by
Morrell Patrick James and Morrell Clay Riley
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Jeffrey King
Savvy + Co Real Estate
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Current Estimated Value
$1,043,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,341
Avg. Annual Appreciation
9.35%
Original Mortgage
$285,000
Outstanding Balance
$250,220
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$793,121

Purchase Details

Closed on
Dec 28, 2012
Sold by
Wacker Stephen J and Wacker Rachel P
Bought by
Ruthstrom Christopher and Ruthstrom Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2003
Sold by
National Residential Nominee Svcs Inc
Bought by
Wacker Stephen J and Wacker Rachel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Gottlieb Ira M and Gottlieb Nancy L
Bought by
National Residential Nominee Svcs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
Wilson Kevin R and Wilson Amy S
Bought by
Gottlieb Ira M and Gottlieb Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.52%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Davidson College Development Corp
Bought by
Wilson Kevin R and Wilson Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
7.91%
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
Morrell Patrick James $585,000 Barristers Ttl Svcs Of Carol
Ruthstrom Christopher $392,500 None Available
Wacker Stephen J $315,000 --
National Residential Nominee Svcs Inc $315,000 --
Gottlieb Ira M $320,000 --
Wilson Kevin R $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrell Patrick James $285,000
Previous Owner Ruthstrom Christopher $312,000
Previous Owner Wacker Stephen J $252,000
Previous Owner Gottlieb Ira M $256,000
Previous Owner Wilson Kevin R $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $585,000 -0.8% $201 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/21/2019 06/21/19 Price Changed $589,500 -1.7% $203 / Sq Ft
05/24/2019 05/24/19 For Sale $599,900 -- $206 / 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 -- $885,100 $380,000 $505,100
2024 -- $885,100 $380,000 $505,100
2023 $4,341 $885,100 $380,000 $505,100
2022 $4,341 $478,700 $165,000 $313,700
2021 $4,341 $478,700 $165,000 $313,700
2020 $4,582 $473,500 $165,000 $308,500
2019 $4,529 $473,500 $165,000 $308,500
2018 $4,529 $366,600 $125,000 $241,600
2017 $4,498 $366,600 $125,000 $241,600
2016 $4,495 $366,600 $125,000 $241,600
2015 $4,491 $366,600 $125,000 $241,600
2014 $4,489 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3504256

Canopy MLS (Canopy Realtor® Association)

APN: 003-315-15