NOT LISTED FOR SALE

306 N Yadkin Ave Spencer, NC 28159

Estimated Value: $157,000 - $213,000

2 Beds
1 Bath
1,300 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $144,500 $111 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,064/month

137 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Attic
  • Arched Doorways
  • Built-In Features

About This Home

As of April 2024

**PRICE REDUCED! Cute home! Perfect for first-time home buyers, downsizers & investors! Completely livable as-is, but so much could be done to increase value. Wood floors are original to home! Flex space off living room is perfect for an office! Home offers beautiful built-ins in dining room, breakfast bar & natural gas stove in kitchen and arched doorways! Awesome screened front porch to enjoy the upcoming fall days! Prefer the privacy of the backyard? There you have 2 car sheltered parking, enclosed patio/sunroom, fenced area and an outbuilding with shelter. Large laundry room off kitchen that could easily have a 2nd bath added to it or converted into a 3rd bedroom. Storage room off kitchen could be finished to a walk-in pantry or converted to laundry room. Lots of possibilities! Hatch in storage room floor leads to cellar. There is some old water damage on ceilings in several areas throughout. The issue was with the roof and has been corrected along with damaged wood replaced.

Last Agent to Sell the Property

Kim Sadler

Lantern Realty & Development License #290260 Listed on: 10/19/2023

Lantern Realty & Development

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1927

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Property is zoned R8

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,222 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Arched Doorways
  • Unfinished Basement
  • Basement Cellar
  • Attic Fan

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 035083
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1927

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: None
  • Directions: From I-85...Exit 79 toward Spencer/E Spencer. Turn onto Old Union Ch Rd toward Spencer. Stay straight at the stop light. Bojangles will be on the left at corner. This is Jefferson St. Turn left onto N Yadkin in 500 ft. House on rt.
  • Above Grade Finished Sq Ft: 1222
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1927
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Has Basement: Unfinished, Basement, Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1222
  • Main Level Bathrooms: 1
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: City Lot, Cleared, Level
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Attic Fan, Central Air
  • Heating: Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 035083
  • Zoning: R8
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1406
  • Tax Lot: 4
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.0113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Apr 10, 2024
Sold by
Cotilla Michelle Karen and Garduno Luis Ricardo
Bought by
Soto Carlos Alberto Buri
Seller's Agent
Kim Sadler
Lantern Realty & Development
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$178,000
Sold Price
$144,500
Premium/Discount to List
-$33,500
-18.82%
Views
272
Current Estimated Value
$179,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,947
Avg. Annual Appreciation
11.88%
Original Mortgage
$136,275
Outstanding Balance
$134,262
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$45,185

Purchase Details

Listed on
May 25, 2017
Closed on
Oct 2, 2017
Sold by
Baker Joel P and Baker Kelly King
Bought by
Cotilla Michelle Karen and Garduno Luis Ricardo Trejo
Seller's Agent
Kay Dover
Dover Realty and Associates, Inc
Buyer's Agent
Kim Sadler
Lantern Realty & Development, LLC
List Price
$68,900
Sold Price
$60,000
Premium/Discount to List
-$8,900
-12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$62,000
Interest Rate
3.82%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2015
Sold by
Baker Joel P and Baker Kelly King
Bought by
Baker Joel P and Baker Thompson Sarah
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
Soto Carlos Alberto Buri $144,500 Longleaf Title Insurance
Cotilla Michelle Karen $60,000 None Available
Baker Joel P -- None Available
Baker Patricia S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Carlos Alberto Buri $136,275
Closed Soto Carlos Alberto Buri $15,000
Previous Owner Cotilla Michelle Karen $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $144,500 -9.6% $145 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $159,900 -5.4% $160 / Sq Ft
11/10/2023 11/10/23 Price Changed $169,000 -5.1% $169 / Sq Ft
10/19/2023 10/19/23 For Sale $178,000 +196.7% $178 / Sq Ft
10/13/2017 10/13/17 Sold $60,000 -12.9% $48 / Sq Ft View Prior Sale
09/04/2017 09/04/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $68,900 -- $55 / Sq Ft
Source: Triad MLS

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 $1,559 $137,994 $17,500 $120,494
2024 $1,559 $137,994 $17,500 $120,494
2023 $1,406 $124,463 $17,500 $106,963
2022 $967 $73,648 $14,500 $59,148
2021 $967 $73,648 $14,500 $59,148
2020 $967 $73,648 $14,500 $59,148
2019 $967 $73,648 $14,500 $59,148
2018 $840 $64,691 $14,500 $50,191
2017 $802 $61,812 $14,500 $47,312
2016 $802 $61,812 $14,500 $47,312
2015 $814 $61,812 $14,500 $47,312
2014 $882 $69,029 $14,500 $54,529
Source: Public Records

Agents Affiliated with this Home

  • Kim Sadler

    Seller's Agent in 2024

    Kim Sadler

    Lantern Realty & Development

    (704) 298-0087

    5 in this area

    74 Total Sales

    Kim Sadler
    Section Image

  • K

    Seller's Agent in 2017

    Kay Dover

    Dover Realty and Associates, Inc

    Section Image
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Map

Source: Triad MLS

MLS Number: 1122872

Triad MLS

APN: 035-083

North Carolina Rowan County Spencer 28159

306 N Yadkin Ave, Spencer, NC

Not Listed for Sale

Detached

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