NOT LISTED FOR SALE

205 S 5th St Spring Lake, NC 28390

Estimated Value: $77,000 - $94,000

2 Beds
1 Bath
784 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $74,500 $95 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $559/month

164 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • 1-Story Property
  • No HOA
  • Living Room
  • Luxury Vinyl Tile Flooring

About This Home

As of December 2023

Turn key! Recently updated with reliable long term tenant. Updates include exterior paint and roof (2023), full bathroom remodel, brand new kitchen cabinets and countertop, refrigerator was recently replaced as well. - Seller has not lived on property.

Last Listed By

Dimitrios Christie

eXp Realty, LLC - C License #334075 Listed on: 05/15/2023

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Cumberland County Schools Elementary School
  • Spring Lake Middle School
  • Pine Forest High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Springlake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$847

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Prop. Type: Residential
  • Subdivision Name: Springlake
  • Above Grade Finished Sq Ft: 784.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Room Types Bedroom 2 Level: M
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 784.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Luxury Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.23
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: See map
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 847.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cumberland County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Dec 4, 2023
Sold by
Gd3 Investments Llc
Bought by
Durham Gregory
Seller's Agent
Dimitrios Christie
eXp Realty, LLC - C
Buyer's Agent
Non Member
Non Member Office
List Price
$90,000
Sold Price
$74,500
Premium/Discount to List
-$15,500
-17.22%
Total Days on Market
164
Views
623
Current Estimated Value
$85,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,191
Avg. Annual Appreciation
9.99%

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
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

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
Durham Gregory $74,500 None Listed On Document
Gd3 Investments Llc $340,000 Investors Title Insurance Co
Trioaks Capitals Llc $276,000 None Available
Hkp Properties Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gd3 Investments Llc $366,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $74,500 -- --
12/04/2023 12/04/23 Sold $74,500 -6.9% $95 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $79,999 -9.1% $102 / Sq Ft
06/29/2023 06/29/23 Price Changed $87,999 -2.2% $112 / Sq Ft
06/27/2023 06/27/23 For Sale $90,000 0.0% $115 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $90,000 -- $115 / 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 $945 $31,293 $3,250 $28,043
2023 $945 $31,293 $3,250 $28,043
2022 $812 $31,293 $3,250 $28,043
2021 $812 $31,293 $3,250 $28,043
2019 $783 $31,500 $3,250 $28,250
2018 $783 $31,500 $3,250 $28,250
2017 $783 $31,500 $3,250 $28,250
2016 $851 $37,500 $3,250 $34,250
2015 $851 $37,500 $3,250 $34,250
2014 $851 $37,500 $3,250 $34,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2510961

Doorify MLS

APN: 0501-95-4595