$205,000
SOLD AUG 22, 2025

401 7th St Spencer, NC 28159

2 Beds
1 Bath
1,117 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Fireplace
  • 1-Story Property
  • Central Heating and Cooling System
  • Laundry Room
  • Attached Carport
  • Wood Siding

About This Home

As of August 2025

Charming Bungalow with Gorgeous Hardwood Floors & Dreamy Front Porch in Spencer, NC
Welcome home to this delightful 2-bedroom, 1-bath bungalow bursting with character and warmth. Nestled in the heart of historic Spencer, this home offers timeless charm with beautiful original hardwood floors! Relax and unwind on the amazing front porch, perfect for sipping coffee, visiting with neighbors, or enjoying a good book. Inside, you’ll find a cozy yet spacious layout with a comfortable living area, a dining space full of vintage character, a sitting room that could double as an office and a cheerful kitchen. The roof is less than 10 years old and the HVAC is brand new and comes with a transferable warranty. Basement space accessible from outside meets all your storage needs!

Located just minutes from the NC Transportation Museum, downtown Salisbury, and I-85Don't miss your chance to own a piece of Spencer charm!

Last Agent to Sell the Property

Karla Foster

New Pointe Realty Brokerage Email: Karla@NewPointeRealty.com License #276560 Listed on: 07/18/2025

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1922

Lot Details

  • Property is zoned R8

Parking

  • Attached Carport

Home Design

  • Wood Siding

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dishwasher
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 031071

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 183.53
  • Geocode Confidence: High
  • Attribution Contact: Karla@NewPointeRealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1117
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher
  • Above Grade Finished Sq Ft: 1117
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1117
  • Bedroom Main: 2
  • Room Count: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: cameras
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 031071
  • Additional Parcels: No
  • Zoning Specification: R8

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 21, 2025
Sold by
James Joshua T
Bought by
Santor Rand
Seller's Agent
Karla Foster
New Pointe Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.67%
Original Mortgage
$164,000
Outstanding Balance
$164,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$48,820

Purchase Details

Closed on
Jan 15, 2020
Sold by
Misenheimer Robert Michael
Bought by
James Joshua T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,656
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1998
Bought by
Misenheimer Robert Michael
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 Type Sale Price Title Company
Warranty Deed $205,000 None Listed On Document
Warranty Deed $205,000 None Listed On Document
Warranty Deed $115,000 None Available
Warranty Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Closed $164,000 New Conventional
Previous Owner $115,656 New Conventional
Previous Owner $79,800 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $205,000 -4.7% $184 / Sq Ft
07/18/2025 07/18/25 For Sale $215,000 -- $192 / 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 $1,192 $105,456 $12,500 $92,956
2024 $1,192 $105,456 $12,500 $92,956
2023 $1,192 $105,456 $12,500 $92,956
2022 $782 $59,579 $10,000 $49,579
2021 $782 $59,579 $10,000 $49,579
2020 $782 $59,579 $10,000 $49,579
2019 $782 $59,579 $10,000 $49,579
2018 $673 $51,876 $10,000 $41,876
2017 $673 $51,876 $10,000 $41,876
2016 $673 $51,876 $10,000 $41,876
2015 $683 $51,876 $10,000 $41,876
2014 $741 $57,994 $10,000 $47,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4282914

Canopy MLS (Canopy Realtor® Association)

APN: 031-071