NOT LISTED FOR SALE

400 Jordan Ave Spencer, NC 28159

Estimated Value: $216,000 - $230,000

3 Beds
2 Baths
1,518 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $33,000 $22 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $1,350/month

49 Days on Market

Highlights

  • Living Room with Fireplace
  • Patio
  • Forced Air Heating and Cooling System
  • Front Porch
  • Four Sided Brick Exterior Elevation
  • 1 Car Garage

About This Home

As of September 2016

Good solid home on corner lot. Large master suite, updated kitchen. glassed in sun porch and one car garage. Partially fenced yard, storage building. with some elbow grease this could be a decent place! Foreclosure, sold as is. All offer must be written and include addendum's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Multi-Family, Recreational
  • Property is zoned R8

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,518 Sq Ft Home
  • Living Room with Fireplace
  • Partially Finished Basement
  • Exterior Basement Entry
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate, Other - See Remarks
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 439
  • Possible Use: Multi-Family, Recreational
  • Appliances: Dishwasher
  • Has Basement: Exterior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1518
  • Room Count: 6

Exterior Features

  • Exterior Features: Other - See Remarks
  • Roof: Composition
  • Road Frontage: 100
  • Construction Type: Aluminum, Brick Full, Brick Partial
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, None
  • 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 Area: 0.344
  • Lot Size Units: Acres
  • Parcel Number: 003
  • Zoning: R8
  • Lot Size Acres: 0.344
  • Lot Size: 100x150
  • Lot Size Sq Ft: 14984
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Scm Capital Llc
Bought by
Pleasant Valley Rentals Llc
Current Estimated Value
$223,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$897,941
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$684,068

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 24, 2016
Sold by
Farmers & Merchants Bank
Bought by
Steadfast Capital Management Llc
List Price
$39,900
Sold Price
$33,000
Premium/Discount to List
-$6,900
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Hatley Melba F
Bought by
Farmers And Merchants Bank
Source: Public Records

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
Pleasant Valley Rentals Llc $1,075,000 None Available
Steadfast Capital Management Llc $33,000 None Available
Farmers And Merchants Bank $56,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pleasant Valley Rentals Llc $1,000,000
Previous Owner Steadfast Capital Management & Llc $28,050
Previous Owner Hatley Melba F $80,000
Previous Owner Hatley Melba F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2016 12/11/16 Off Market $33,000 -- --
09/09/2016 09/09/16 Sold $33,000 -17.3% $22 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $39,900 -- $26 / 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 $1,934 $171,184 $27,000 $144,184
2024 $1,934 $171,184 $27,000 $144,184
2023 $1,934 $171,184 $27,000 $144,184
2022 $1,129 $86,036 $21,750 $64,286
2021 $1,129 $86,036 $21,750 $64,286
2020 $1,129 $86,036 $21,750 $64,286
2019 $1,129 $86,036 $21,750 $64,286
2018 $995 $76,692 $21,750 $54,942
2017 $995 $76,692 $21,750 $54,942
2016 $995 $76,692 $21,750 $54,942
2015 $1,010 $76,692 $21,750 $54,942
2014 $1,085 $84,908 $21,750 $63,158
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58863

Canopy MLS (Canopy Realtor® Association)

APN: 033-003