NOT LISTED FOR SALE

400 3rd St Spencer, NC 28159

Estimated Value: $195,684 - $219,000

3 Beds
1 Bath
1,305 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $74,000 $57 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,225/month

160 Days on Market

Highlights

  • Front Porch
  • 2 Car Garage
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

This home is located at 400 3rd St, Spencer, NC 28159 since 07 July 2015 and is currently estimated at $209,921, approximately $160 per square foot. This property was built in 1923. 400 3rd St is a home located in Rowan County with nearby schools including North Rowan Elementary School, North Rowan Middle School, and North Rowan High School.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 112x188x166
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Residential

Parking

  • 2 Car Garage

Home Design

  • 1,305 Sq Ft Home
  • Brick Exterior Construction
  • Metal Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Range Hood
  • Front Porch
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 310

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1923
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Exhaust Hood
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other - See Remarks
  • Living Area: 1305

Exterior Features

  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 310
  • Lot Size: 112x188x166
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jan 29, 2016
Sold by
Mccoy Dennis L and Mccoy Mary K
Bought by
Boyd Nancy J
List Price
$89,900
Sold Price
$74,000
Premium/Discount to List
-$15,900
-17.69%
Current Estimated Value
$209,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,921
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Mar 29, 2005
Sold by
James Russell D and Lanier Curtis W
Bought by
Mccoy Dennis L and Mccoy Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Boyd Nancy J $74,000 Chicago Title Insurance Co
Mccoy Dennis L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccoy Dennis L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2016 05/01/16 Off Market $74,000 -- --
01/29/2016 01/29/16 Sold $74,000 -17.7% $57 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $89,900 -- $69 / 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 $1,553 $137,429 $22,800 $114,629
2024 $1,553 $137,429 $22,800 $114,629
2023 $1,553 $137,429 $22,800 $114,629
2022 $1,023 $77,934 $19,200 $58,734
2021 $1,023 $77,934 $19,200 $58,734
2020 $1,023 $77,934 $19,200 $58,734
2019 $1,023 $77,934 $19,200 $58,734
2018 $996 $76,712 $19,200 $57,512
2017 $996 $76,712 $19,200 $57,512
2016 $996 $76,712 $19,200 $57,512
2015 $1,011 $76,712 $19,200 $57,512
2014 $1,066 $83,418 $17,400 $66,018
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57894

Canopy MLS (Canopy Realtor® Association)

APN: 033-310