NOT LISTED FOR SALE

409 4th St Spencer, NC 28159

Estimated Value: $324,000 - $355,000

5 Beds
2 Baths
3,800 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $225,000 $59 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,157/month

64 Days on Market

Highlights

  • The property is located in a historic district
  • Great Room with Fireplace
  • Corner Lot
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of February 2020

re you looking for the perfect blend of historical character and modern luxury? The time and care the owners have taken to modernize this piece of history is second to none. From the formal entry way flanked by double parlors, formal dining room with oversized bay window, this home will accommodate all your family gatherings. Fully renovated kitchen boasts all the modern conveniences with a sleek luxurious feel. Five spacious bedrooms with completely renovated bathrooms. Fully fenced back yard.

Tom Bost

B & R Realty, Inc. License #272146 Listed on: 10/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1909

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,559 Sq Ft Home
  • 3,200-3,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 7 Fireplaces
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Balcony
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033332
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: None
  • Directions: I 85 North to Exit 79, left onto Andrew St, Right onto Salisbury Avenue, Right on to 4th St, home is on the left
  • Above Grade Finished Sq Ft: 3559
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1909
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 7
  • Living Area: 3559
  • Main Level Bathrooms: 1
  • Attic Description: Permanent Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Garden
  • Fencing: Fenced
  • Lot Features: City Lot, Historic District, Corner Lot
  • Pool Features: None
  • Construction Type: Stucco
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 033332
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 772424.2424
  • TRIADMLS_DeedPage: 367
  • TRIADMLS_DeedBook: 1296
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1811
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Feb 12, 2020
Sold by
Rodd Robert A and Elias Rodd Lorraine
Bought by
Kotz Rosalind and Felderman Scot D
Buyer's Agent
Tom Bost
B & R Realty, Inc.
Sold Price
$225,000
Total Days on Market
64
Current Estimated Value
$335,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,241
Avg. Annual Appreciation
7.24%
Original Mortgage
$180,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 31, 2017
Sold by
Farmers & Merchants Bank
Bought by
Rodd Robert A
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.46%

Purchase Details

Closed on
Mar 14, 2017
Sold by
Cataldo Joseph J and Cataldo Leslie A
Bought by
Farmers & Merchants Bank

Purchase Details

Closed on
Apr 18, 2002
Bought by
Cataldo Joseph J and Cataldo Wf
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
Kotz Rosalind $225,000 None Available
Rodd Robert A $75,000 None Available
Farmers & Merchants Bank $94,966 None Available
Cataldo Joseph J $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotz Roslind $180,955
Closed Kotz Rosalind $180,000
Previous Owner Rodd Robert A $25,000
Previous Owner Cataldo Joseph J $16,294
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $225,000 -2.2% $70 / Sq Ft
02/12/2020 02/12/20 Sold $230,000 +2.2% $65 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/30/2019 11/30/19 Price Changed $225,000 -11.7% $63 / Sq Ft
09/14/2019 09/14/19 For Sale $254,900 +239.9% $72 / Sq Ft
12/13/2017 12/13/17 Off Market $75,000 -- --
09/13/2017 09/13/17 Sold $75,000 -24.9% $21 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $99,900 -- $28 / 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 $3,304 $292,412 $28,500 $263,912
2023 $3,304 $292,412 $28,500 $263,912
2022 $2,282 $173,874 $24,000 $149,874
2021 $2,282 $173,874 $24,000 $149,874
2020 $2,282 $173,874 $24,000 $149,874
2019 $2,282 $173,874 $24,000 $149,874
2018 $1,811 $139,512 $24,000 $115,512
2017 $1,811 $139,512 $24,000 $115,512
2016 $1,811 $139,512 $24,000 $115,512
2015 $1,838 $139,512 $24,000 $115,512
2014 $1,962 $153,519 $21,750 $131,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 953552

Triad MLS

APN: 033-332