NOT LISTED FOR SALE

407 7th St Spencer, NC 28159

Estimated Value: $213,000 - $257,900

3 Beds
2 Baths
2,000 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $235,000 $118 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,486/month

180 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Central Air
  • No HOA

About This Home

As of October 2023

Lots of curb appeal with this 1910 beauty in Spencer! Welcoming entrance. This home offers 3 spacious bedrooms and 2 baths. Large living room and kitchen/dining area. Beautiful hardwood floors throughout most of home. Covered front porch perfect for relaxing in the evenings. Nice deck overlooking spacious back yard great for entertaining. Encapsulated crawlspace. Lots of character and ready for you to move-in. Convenient location to I-85, restaurants, shopping, Transportation Museum and more. Make your appointment to see today!

Last Agent to Sell the Property

Mechelle Kuld

TMR Realty, Inc. License #280063 Listed on: 03/03/2023

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,883 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031068
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 145
  • Subdivision Name: None
  • Directions: From Salisbury Avenue going towards Salisbury, turn right on 7th Street. Home will be on left.
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1910
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: See Remarks
  • Living Area: 1883
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Exclusions: Ring Doorbell And Security System Do Not Convey
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 031068
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 1382352.9412
  • TRIADMLS_DeedPage: 634
  • TRIADMLS_DeedBook: 1343
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1526
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Sep 19, 2023
Sold by
Perry Jetyra S
Bought by
Cosey Jordan and Clark Toni
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Views
569
Current Estimated Value
$238,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,975
Avg. Annual Appreciation
0.86%
Original Mortgage
$227,691
Outstanding Balance
$223,188
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$15,787

Purchase Details

Listed on
Aug 27, 2019
Closed on
Feb 18, 2020
Sold by
Thomas Willie James
Bought by
Perry Je Tyra S
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$128,250
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Walters Kenneth R and Walters Victoria B
Bought by
Thomas Willie James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,124
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2009
Sold by
Miller Donna C
Bought by
Walters Kenneth

Purchase Details

Closed on
Aug 2, 2005
Sold by
Miller James M
Bought by
Miller Donna C
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
Cosey Jordan $235,000 None Listed On Document
Cosey Jordan $235,000 None Listed On Document
Perry Je Tyra S $135,000 None Available
Thomas Willie James $74,000 None Available
Walters Kenneth $25,000 None Available
Miller Donna C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosey Jordan $227,691
Closed Cosey Jordan $227,691
Previous Owner Perry Je Tyra S $128,250
Previous Owner Thomas Willie James $72,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $235,000 -1.3% $147 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $238,000 -0.8% $149 / Sq Ft
04/03/2023 04/03/23 Price Changed $240,000 -2.0% $150 / Sq Ft
03/03/2023 03/03/23 For Sale $245,000 +81.5% $153 / Sq Ft
02/18/2020 02/18/20 Sold $135,000 -- $84 / 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 $2,542 $224,970 $12,500 $212,470
2024 $2,542 $224,970 $12,500 $212,470
2023 $2,246 $198,740 $12,500 $186,240
2022 $1,526 $116,267 $10,000 $106,267
2021 $1,526 $116,267 $10,000 $106,267
2020 $1,526 $116,267 $10,000 $106,267
2019 $1,526 $116,267 $10,000 $106,267
2018 $1,219 $93,919 $10,000 $83,919
2017 $1,219 $93,919 $10,000 $83,919
2016 $1,219 $93,919 $10,000 $83,919
2015 $1,237 $93,919 $10,000 $83,919
2014 $1,350 $105,655 $10,000 $95,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1098345

Triad MLS

APN: 031-068