NOT LISTED FOR SALE

302 S Carolina Ave Spencer, NC 28159

Estimated Value: $170,000 - $191,000

2 Beds
1 Bath
1,626 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $125,000 $77 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,092/month

2 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Many Trees
  • Community Playground
  • Picnic Area
  • Level Lot

About This Home

As of October 2021

Great location overlooking beautiful Library Park! Large, covered front porch welcomes you into a spacious living room, parlor & Formal dining room. Large kitchen with plenty of cabinets, storage and a walk-in pantry. Tons of potential! A little tlc could make this home a showplace. Great opportunity for investor or owner occupant!! Home has 2 large bedrooms and a parlor could be an office/playroom/den/guest room. Fenced back yard. More photos coming soon!

Last Agent to Sell the Property

Crystal Fry

Titan Realty, Inc. License #186941 Listed on: 09/27/2021

Last Buyer's Agent

Michael King

Lantern Realty & Development, LLC License #287197

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Bungalow

Flooring

  • Wood
  • Linoleum
  • Tile

Attic

  • Pull Down Stairs to Attic

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 033316

Community Details

Recreation

  • Community Playground

Additional Features

  • Historic District Association
  • Picnic Area

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.08696
  • Ratio Close Price By Original Li: 1.08696
  • Ratio Current Price By Acre: 735294.12
  • Ratio Current Price By Sq Ft: 76.88
  • Year Built: 1923
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Natural Gas, Refrigerator
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Pantry, Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1626
  • Total Sq Ft: 1626

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, Natural Gas

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Sidewalk, Street Lights
  • HOA Management Company: Historic District

Schools

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

Lot Info

  • Lot Dimension: 50x145x50x145
  • Lot Features: Level, Trees
  • Lot Size Area: 0.170
  • Parcel Number: 033316
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 83519.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 19, 2021
Sold by
Patterson Michael E and Patterson Jeannie Y
Bought by
Sweat Robert
Seller's Agent
Crystal Fry
Titan Realty, Inc.
Buyer's Agent
Michael King
Lantern Realty & Development, LLC
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%
Current Estimated Value
$178,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,330
Avg. Annual Appreciation
11.48%
Original Mortgage
$118,750
Outstanding Balance
$109,689
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,097

Purchase Details

Closed on
Apr 15, 2016
Sold by
Yarbrough Jean C and Yarbrough Mary Jean
Bought by
Patterson Michael E and Patterson Jeannie R

Purchase Details

Closed on
Jan 16, 2003
Bought by
Yarbrough Jean Clifton
Source: Public Records

Range of Values:

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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
Sweat Robert $125,000 None Available
Patterson Michael E $60,000 None Available
Yarbrough Jean Clifton $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweat Robert $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $125,000 +8.7% $77 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $115,000 -- $71 / 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 $1,533 $135,705 $19,000 $116,705
2024 $1,533 $135,705 $19,000 $116,705
2023 $1,533 $135,705 $19,000 $116,705
2022 $1,096 $83,519 $16,000 $67,519
2021 $1,096 $83,519 $16,000 $67,519
2020 $1,096 $83,519 $16,000 $67,519
2019 $1,096 $83,519 $16,000 $67,519
2018 $930 $71,670 $16,000 $55,670
2017 $930 $71,670 $16,000 $55,670
2016 $930 $71,670 $16,000 $55,670
2015 $944 $71,670 $16,000 $55,670
2014 $1,001 $78,357 $14,500 $63,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3790237

Canopy MLS (Canopy Realtor® Association)

APN: 033-316