NOT LISTED FOR SALE

402 4th St Spencer, NC 28159

Estimated Value: $161,000 - $277,000

4 Beds
1 Bath
1,743 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $115,000 $66 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,183/month

68 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Covered Patio or Porch
  • Central Air
  • Level Lot

About This Home

As of March 2023

Opportunity Knocking in the Historic area of Spencer at a price to move. This 4 BR, 1 BA built in 1940 with 1612 SQ FT. Quiet Neighborhood/area. Has Great Potential just needs a little TLC. AS IS. Ceiling downstairs are high ceilings. House flows very well with spacious rooms.

HVAC 2019, Tons of natural Light and so much more. Have to follow the Historical Restriction guidelines.Has so much potential

Last Agent to Sell the Property

Leslie Harrison

Team Thomas & Associates Realty Inc. License #218724 Listed on: 11/30/2022

Co-Listed By

Jolet Thomas

Team Thomas & Associates Realty Inc. License #256675

Last Buyer's Agent

Francisco de la Torre

Carolinas International Realty License #206409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Property is zoned R6

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033323

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,641

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Restrictions: Historical
  • Road Surface Type: None, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 65.98
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1244
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 499
  • Appliances: Gas Water Heater
  • Above Grade Finished Sq Ft: 1743
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1743
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Aluminum, Brick Partial, Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 033323
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Mar 2, 2023
Sold by
Nexjen Home Solutions Llc
Bought by
K Town Construction Llc
Seller's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
Buyer's Agent
Francisco de la Torre
Carolinas International Realty
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Views
265
Current Estimated Value
$196,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,170
Avg. Annual Appreciation
24.82%

Purchase Details

Closed on
Nov 14, 2022
Sold by
Carter Brenda Baker and Carter Clifford N
Bought by
Nexjen Home Solutions Llc

Purchase Details

Closed on
Nov 1, 2019
Sold by
Carter Brenda Baker and Carter Clifford N
Bought by
Carter Brenda Baker and Baker Robert Allen

Purchase Details

Closed on
Jan 8, 2009
Sold by
Baker Dorothy P
Bought by
Baker Dorothy P

Purchase Details

Closed on
May 4, 2006
Sold by
Baker Robert L and Baker Dorothy P
Bought by
Baker Robert L and Baker Dorothy P
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
K Town Construction Llc $115,000 --
Nexjen Home Solutions Llc $72,000 --
Carter Brenda Baker -- None Available
Baker Dorothy P -- None Available
Baker Dorothy P -- None Available
Baker Robert L -- None Available
Baker Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K Town Construction Llc $116,402
Previous Owner Baker Dorothy P $12,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $115,000 -4.1% $66 / Sq Ft
11/30/2022 11/30/22 For Sale $119,900 -- $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 $1,641 $145,209 $20,900 $124,309
2024 $1,641 $145,209 $20,900 $124,309
2023 $1,353 $119,737 $20,900 $98,837
2022 $936 $71,312 $17,600 $53,712
2021 $936 $71,312 $17,600 $53,712
2020 $936 $71,312 $17,600 $53,712
2019 $468 $71,312 $17,600 $53,712
2018 $431 $66,446 $17,600 $48,846
2017 $431 $66,446 $17,600 $48,846
2016 $431 $66,446 $17,600 $48,846
2015 $438 $66,446 $17,600 $48,846
2014 $427 $66,887 $15,950 $50,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3917015

Canopy MLS (Canopy Realtor® Association)

APN: 033-323