NOT LISTED FOR SALE

175 Pennsylvania Ave Spindale, NC 28160

Estimated Value: $70,000 - $179,000

3 Beds
1 Bath
1,027 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $29,000 $28 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $704/month

99 Days on Market

About This Home

As of July 2020

Investment opportunity! This house would make an excellent rental property or fixer upper. Excellent location within walking distance to downtown. Home sits on a corner lot & was previously used as a rental. Being sold AS IS/WHERE IS.

Last Agent to Sell the Property

Michelle Okpych

360 Properties LLC License #257091 Listed on: 03/18/2020

Last Buyer's Agent

Brannon Freeman

RE/MAX Journey License #301470

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,534

Home Design

  • Ranch Style House
  • Asbestos Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1215548

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.64444
  • Ratio Close Price By Original Li: 0.64444
  • Ratio Current Price By Acre: 193333.33
  • Ratio Current Price By Sq Ft: 28.24
  • Special Assessment Description: 144.00
  • Special Assessment Yn: Yes
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Flooring: Vinyl, Wood
  • Room Count: 1
  • Main Level Sq Ft: 1027
  • Total Sq Ft: 1027

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Natural Gas, Wall Unit Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 1215548
  • Zoning Specification: R6

Tax Info

  • Tax Value: 24800.00
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Paneris Anthony Edward
Bought by
Aristos Re Holdings Llc
Current Estimated Value
$130,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,328
Outstanding Balance
$4,102
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$126,232

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jul 15, 2020
Sold by
Simmons Tarah Diann and Simmons Aaron Pedro
Bought by
Rutherford Housing Partnership Inc
Seller's Agent
Michelle Okpych
360 Properties LLC
Buyer's Agent
Brannon Freeman
RE/MAX Journey
List Price
$45,000
Sold Price
$29,000
Premium/Discount to List
-$16,000
-35.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.55%

Purchase Details

Closed on
Mar 7, 2020
Sold by
Miller George and Miller Stephanie R
Bought by
Simmons Tarah Dann and Simmons Aaron Pedro
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
Aristos Re Holdings Llc -- None Listed On Document
Aristos Re Holdings Llc -- None Listed On Document
Rutherford Housing Partnership Inc $29,000 None Available
Simmons Tarah Dann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aristos Re Holdings Llc $4,328
Closed Aristos Re Holdings Llc $4,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $29,000 -35.6% $28 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $45,000 -- $44 / 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 $270 $90,200 $9,000 $81,200
2024 $225 $90,200 $9,000 $81,200
2023 $2 $90,200 $9,000 $81,200
2022 $188 $39,800 $9,000 $30,800
2021 $2 $38,500 $9,000 $29,500
2020 $665 $38,500 $9,000 $29,500
2019 $621 $38,500 $9,000 $29,500
2018 $464 $24,800 $4,300 $20,500
2016 $464 $24,800 $4,300 $20,500
2013 -- $24,800 $4,300 $20,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michelle Okpych

    360 Properties LLC

    (828) 223-1891

    16 in this area

    68 Total Sales

    Michelle Okpych
    Section Image

  • B

    Buyer's Agent in 2020

    Brannon Freeman

    RE/MAX

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3603288

Canopy MLS (Canopy Realtor® Association)

APN: 1215548

North Carolina Rutherford County Spindale 28160

175 Pennsylvania Ave, Spindale, NC

Not Listed for Sale

Detached

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