$150,000
SOLD JAN 15, 2025

405 Spring St Thomasville, NC 27360

3 Beds
2 Baths
1,872 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

33% Below List Price

36 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Fenced
  • Cottage

About This Home

As of January 2025

Don't miss this charming cottage located in the Historic District of Thomasville. This home has a full floor of living space and an additional half floor which is currently used as the primary suite. The additional half floor has copious amounts of eave storage. The home needs extra love and care to bring it back to it's charming glory. Primary bathroom renovation work and HVAC repairs was started but unable to be completed. When preparing your renovations, don't overlook the original floors and large sun porch. As an extra bonus, located beyond the home is an original smokers cottage that would be amazing once restored. This home is a must see!

Last Agent to Sell the Property

Jeannie Toberman

eXp Realty License #307908 Listed on: 11/15/2024

eXp Realty

Last Buyer's Agent

Casey Lawrence

eXp Realty License #320269

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50 x 150
  • Fenced

Parking

  • Driveway

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • 1,872 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Basement Cellar
  • Storage In Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • L.W. Elliott Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16107000E0007000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 50 x 150
  • Subdivision Name: L.W. Elliott Estate
  • Directions: W. Main Street, Thomasville, to Carmalt St., Right on Spring St., Home on Left.
  • Above Grade Finished Sq Ft: 1872
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1930
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1872
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 16107000E0007000
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 1780
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jan 13, 2025
Sold by
Wood Joseph A
Bought by
C Lawrence Investments Llc
Seller's Agent
Jeannie Toberman
eXp Realty
Buyer's Agent
Casey Lawrence
eXp Realty
List Price
$225,000
Sold Price
$150,000
Premium/Discount to List
-$75,000
-33.33%
Views
38
Current Estimated Value
$170,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,385
Avg. Annual Appreciation
14.19%
Original Mortgage
$150,000
Outstanding Balance
$51,101
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$119,284

Purchase Details

Listed on
Nov 12, 2012
Closed on
Mar 18, 2013
Sold by
Federal National Mortgage Association
Bought by
Wood Joseph A
Seller's Agent
Teresa Johnson
Craven-Johnson-Pollock, Inc.
List Price
$117,000
Sold Price
$66,500
Premium/Discount to List
-$50,500
-43.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$65,295
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2012
Sold by
Donovan Kathleen W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2005
Sold by
Matthews Cornelia L
Bought by
Donovan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $150,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Special Warranty Deed -- None Available
Trustee Deed $76,204 None Available
Warranty Deed $130,000 None Available
Warranty Deed $26,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Construction
Closed $150,000 Construction
Previous Owner $65,295 FHA
Previous Owner $104,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Sold $150,000 -33.3% $80 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $225,000 +238.3% $120 / Sq Ft
04/30/2013 04/30/13 Sold $66,500 -43.2% $36 / Sq Ft View Prior Sale
03/07/2013 03/07/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $117,000 -- $63 / Sq Ft
Source: Triad MLS

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 $1,780 $133,350 $0 $0
2024 $1,780 $133,350 $0 $0
2023 $1,780 $133,350 $0 $0
2022 $1,780 $133,350 $0 $0
2021 $1,786 $133,350 $0 $0
2020 $1,558 $118,470 $0 $0
2019 $1,588 $118,470 $0 $0
2018 $1,588 $118,470 $0 $0
2017 $1,564 $118,470 $0 $0
2016 $1,516 $118,470 $0 $0
2015 $1,516 $118,470 $0 $0
2014 $1,722 $134,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1163156

Triad MLS

APN: 16-107-0-00E-0007-0-0-0