NOT LISTED FOR SALE

402 N Salisbury Ave Spencer, NC 28159

Spencer Area

Estimated Value: $176,000 - $197,000

2 Beds
1 Bath
1,700 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2020

Last sale price $82,500 $49 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,153 / mo

266 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Fireplace in Primary Bedroom
  • Detached Carport Space
  • Asbestos

About This Home

As of March 2020

REDUCED!! Excellent location on NC RT 29. Single family home. Zoned for multifamily. Potential for commercial use with zoning change request/approval. 2017 AADT 6,900 cars per day. (Source NC DOT mapping) Nearby amenities include: Bojangles restaurant, Food Lion, NC Transportation museum, Walgreen's, Dollar General, Various restaurants. 3 miles to Salisbury. Plus, only 2.2 miles (4 mins) to the future location of Chewy Inc.’s planned 700,000 square foot fulfillment facility.

Last Agent to Sell the Property

Lorraine Garofalo

Carolina4Sale Realty LLC License #290668 Listed on: 04/23/2019

Last Buyer's Agent

NONMEMBER NONMEMBER

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1913

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 100 x 194 x 100 x 194
  • Property is zoned R6

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 1,612 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Newton Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035 196
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1913

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100 x 194 x 100 x 194
  • Subdivision Name: Newton Heights
  • Directions: From Salisbury, NC - Take US29 N to Spencer, NC. Home is on the left.
  • Above Grade Finished Sq Ft: 1612
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1913
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Range, Electric Water Heater
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Dining Room, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Living Area: 1612
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 035 196
  • Zoning: R6
  • TRIADMLS_PlatPage: 69
  • TRIADMLS_PlatBook: 9995
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1142.23
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.3125

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Mar 2, 2020
Sold by
Foster Richard E and Foster Starla C
Bought by
Seller's Agent
Lorraine Garofalo
Carolina4Sale Realty LLC
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$82,500
Current Estimated Value
$185,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,842
Avg. Annual Appreciation
13.28%
Original Mortgage
$74,250
Outstanding Balance
$56,210
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$129,132

Purchase Details

Closed on
Dec 20, 2012
Sold by
Foster Richard Eugene
Bought by
Foster Richard Eugene and Foster Starla Campbell
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Spencer, NC

  • Jeannie Couick Real Estate Agent - Better Homes and Gardens Real Estate Paracle

    Jeannie Couick

    Better Homes and Gardens Real Estate Paracle

    (980) 949-0367

    7 Total Sales

    1 in Spencer

    $150,000 Price

    Jeannie Couick
     Section Image
  • Keith Knight Real Estate Agent - Wallace Realty

    Keith Knight

    Wallace Realty

    (980) 446-2863

    199 Total Sales

    12 in Spencer

    $4K - $1.2M Price Range

    Keith Knight
     Section Image
  • Nancy Braun Real Estate Agent - Showcase Realty LLC

    Nancy Braun

    Showcase Realty LLC

    (980) 447-5499

    627 Total Sales

    3 in Spencer

    $150K - $198K Price Range

    Nancy Braun
     Section Image
  • keshia sherrill Real Estate Agent - Coldwell Banker Realty

    keshia sherrill

    Coldwell Banker Realty

    (980) 689-6609

    90 Total Sales

    9 in Spencer

    $163K - $250K Price Range

    keshia sherrill
     Section Image
  • Andrew Greenberg Real Estate Agent - EXP Realty LLC Ballantyne

    Andrew Greenberg

    EXP Realty LLC Ballantyne

    (980) 326-4196

    112 Total Sales

    1 in Spencer

    $275,000 Price

    Andrew Greenberg
     Section Image
  • Kirk Hanson Real Estate Agent - Coldwell Banker- CK Select

    Kirk Hanson

    Coldwell Banker- CK Select

    (980) 268-2765

    294 Total Sales

    1 in Spencer

    $85,000 Price

    Kirk Hanson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$82,500 Austin Title
Foster Richard Eugene -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $74,250
Previous Owner Foster Richard E $68,000
Previous Owner Foster Richard E $11,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $82,500 -- $59 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,614 $142,868 $28,800 $114,068
2025 $1,614 $142,868 $28,800 $114,068
2024 $1,614 $142,868 $28,800 $114,068
2023 $1,614 $142,868 $28,800 $114,068
2022 $1,142 $87,027 $24,000 $63,027
2021 $1,142 $87,027 $24,000 $63,027
2020 $1,142 $87,027 $24,000 $63,027
2019 $1,142 $87,027 $24,000 $63,027
2018 $1,058 $81,527 $24,000 $57,527
2017 $1,058 $81,527 $24,000 $57,527
2016 $1,058 $81,527 $24,000 $57,527
2015 $1,074 $81,527 $24,000 $57,527
2014 $1,095 $85,691 $21,750 $63,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 929368

Triad MLS

APN: 035-196

North Carolina Rowan County Spencer 28159

402 N Salisbury Ave, Spencer, NC

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