NOT LISTED FOR SALE

408 S Yadkin Ave Spencer, NC 28159

Estimated Value: $98,000 - $163,000

2 Beds
1 Bath
1,400 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $80,000 $57 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $771/month

33 Days on Market

Highlights

  • Dining Room with Fireplace
  • Porch
  • Wood Siding
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

***Price reduction. Motivated Seller*** Here is your chance to own a charming historic home, that is move in ready, but leaves opportunity to make it your own! Conveniently located within walking and driving distance to attractions, shops, and eateries. This 2 bedroom / 1 bath home has updated plumbing, electrical, bathroom, laundry room, gutters, and kitchen. Some new flooring, but majority of the home has original hardwood floors. New back deck. Has a large workshop building and a smaller storage shed. House is located in the historic district of Spencer. Listed in the Triad MLS. Selling as-is.

Last Agent to Sell the Property

Jeremy Perdue

Keller Williams Realty License #323214 Listed on: 10/06/2021

Keller Williams Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $471

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned CB-1

Home Design

  • Wood Siding

Interior Spaces

  • 1,257 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 032 042
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$471

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: None
  • Directions: I-85 exit 81. Long Ferry rd take L onto Salisbury Ave. R onto 4th St. L onto S Yadkin Ave.
  • Above Grade Finished Sq Ft: 1257
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1900
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Dining Room, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Living Area: 1257
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 032 042
  • Zoning: CB-1
  • TRIADMLS_PricePerAcre: 585294.1176
  • TRIADMLS_DeedPage: 140
  • TRIADMLS_DeedBook: 1343
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 471.28
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 10, 2021
Sold by
Benfield George S and Benfield Laura N
Bought by
Oconnell Debra and Oconnell Edward
Seller's Agent
Jeremy Perdue
Keller Williams Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$80,000
Total Days on Market
33
Current Estimated Value
$129,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,109
Avg. Annual Appreciation
12.88%

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 6, 2021
Sold by
Talbert Thomas Flake
Bought by
Benfield George Shannon and Benfield Laura N
Seller's Agent
Jeremy Perdue
Keller Williams Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$80,000

Purchase Details

Closed on
Feb 7, 2020
Sold by
Clyde
Bought by
Benfield George Shannon and Benfield Laura N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 2007
Sold by
Trexler Nancy T
Bought by
Overcash Clyde W
Source: Public Records

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Range of Values:

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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
Oconnell Debra $80,000 None Available
Benfield George Shannon -- None Available
Benfield George Shannon $30,000 None Available
Overcash Clyde W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benfield George Shannon $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $80,000 -- $73 / 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
2024 $551 $48,764 $15,000 $33,764
2023 $551 $48,764 $15,000 $33,764
2022 $471 $35,907 $15,000 $20,907
2021 $471 $35,907 $15,000 $20,907
2020 $471 $35,907 $15,000 $20,907
2019 $471 $35,907 $15,000 $20,907
2018 $314 $24,168 $15,000 $9,168
2017 $314 $24,168 $15,000 $9,168
2016 $314 $24,168 $15,000 $9,168
2015 $318 $24,168 $15,000 $9,168
2014 $392 $30,668 $21,500 $9,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1044745

Triad MLS

APN: 032-042