NOT LISTED FOR SALE

401 S Carolina Ave Spencer, NC 28159

Estimated Value: $230,000 - $273,089

3 Beds
2 Baths
1,866 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $120,099 $64 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,596/month

184 Days on Market

Highlights

  • Wrap Around Porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2016

GRAND ENTRANCE! Soaring ceilings, ornate trim work is find you find in this turn of the century home located in HISTORICAL Spencer, Home offers 3 bedrooms 2 baths, LARGE ROOMS, updated windows, roof, heating and air, siding,plumbing, gas cooktop, and of coarse the ROCKING chair front porch that is a wrap around! New deck on the rear. This home is perfect for entertaining! Close to shopping, restaurants,schools, churches, located next to Library Park, if you love the charm and character that only a older home can offer, then you definately want to check this one out today!!!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 50x145x50x145
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,866 Sq Ft Home
  • Insulated Windows
  • Crawl Space

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Wrap Around 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 363

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,552

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1904
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Refrigerator, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other - See Remarks
  • Living Area: 1866
  • Window Features: Insulated Window(s)
  • Room Count: 7

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Porch, Wrap Around

Garage/Parking

  • Garage Yn: No

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: 363
  • Lot Size: 50x145x50x145
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Apr 4, 2016
Sold by
Knight Jeffrey R and Yarger Daniel A
Bought by
Young Michael S and Young Judith T
List Price
$132,900
Sold Price
$120,099
Premium/Discount to List
-$12,801
-9.63%
Current Estimated Value
$253,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,712
Avg. Annual Appreciation
8.27%
Original Mortgage
$122,681
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 1995
Bought by
Knight Jeffrey R
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
Young Michael S $120,000 None Available
Knight Jeffrey R $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Michael S $148,000
Closed Young Michael S $122,681
Previous Owner Knight Jeffrey R $200,000
Previous Owner Knight Jeffrey R $93,000
Previous Owner Knight Jeffrey R $81,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2016 07/03/16 Off Market $120,099 -- --
04/04/2016 04/04/16 Sold $120,099 -9.6% $64 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $132,900 -- $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 $2,552 $225,882 $19,000 $206,882
2024 $2,552 $225,882 $19,000 $206,882
2023 $2,552 $225,882 $19,000 $206,882
2022 $1,855 $141,334 $16,000 $125,334
2021 $1,855 $141,334 $16,000 $125,334
2020 $1,855 $141,334 $16,000 $125,334
2019 $1,855 $141,334 $16,000 $125,334
2018 $1,510 $116,318 $16,000 $100,318
2017 $1,510 $116,318 $16,000 $100,318
2016 $1,028 $79,241 $16,000 $63,241
2015 $1,021 $77,495 $16,000 $61,495
2014 $1,083 $84,731 $14,500 $70,231
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58043

Canopy MLS (Canopy Realtor® Association)

APN: 033-363