NOT LISTED FOR SALE

409 7th St Spencer, NC 28159

Estimated Value: $154,000 - $206,001

2 Beds
2 Baths
2,014 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $165,000 $82 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,070/month

32 Days on Market

Highlights

  • Corner Lot
  • Laundry in Mud Room
  • 1-Story Property
  • Separate Outdoor Workshop
  • Home Security System
  • Central Air

About This Home

As of September 2024

Welcome to this spacious corner home with endless potential in the heart of Spencer’s historic district. Its layout offers breathing room, and the oversized front porch is perfect for lazy afternoons. Outside, you’ll find an oversized shed/workshop complete with electricity. With a bit of love, this home could become the envy of the neighborhood.

Last Agent to Sell the Property

Samantha Klein

Simply Brokerage Brokerage Email: samantha@yeattsestates.com License #317804 Listed on: 06/21/2024

Simply Brokerage

Last Buyer's Agent

Samantha Klein

Simply Brokerage Brokerage Email: samantha@yeattsestates.com License #317804 Listed on: 06/21/2024

Simply Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Property is zoned R8

Parking

  • Driveway

Interior Spaces

  • 2,014 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031067

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 81.93
  • Geocode Confidence: High
  • Attribution Contact: samantha@yeattsestates.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2014
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range
  • Above Grade Finished Sq Ft: 2014
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Living Area: 2014
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Aluminum
  • Other Structures: Shed(s), Workshop

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Mud Room
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 031067
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Sep 24, 2024
Sold by
Gibson Aaron Michael and Molina Alexis
Bought by
Cantrell John and Cantrell Ashley
Seller's Agent
Samantha Klein
Simply Brokerage
Buyer's Agent
Samantha Klein
Simply Brokerage
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Views
55
Current Estimated Value
$184,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,250
Avg. Annual Appreciation
8.58%
Original Mortgage
$100,000
Outstanding Balance
$98,589
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$85,661

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 27, 2021
Sold by
Ktw Holdings Llc
Bought by
Gibson Aaron
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
David Friedman
Keller Williams Ballantyne Area
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.12%
Original Mortgage
$157,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 17, 2021
Sold by
Ktw Holdings Llc
Bought by
Gibson Aaron
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
David Friedman
Keller Williams Ballantyne Area
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2021
Sold by
Wood William A
Bought by
Ktw Holdings Llc

Purchase Details

Closed on
Feb 1, 2019
Sold by
Welch Catherine Givens and The Estate Of Catherine Rose O
Bought by
Wood William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,736
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cantrell John $165,000 None Listed On Document
Gibson Aaron $175,000 None Available
Gibson Aaron $175,000 Overbey Jon
Ktw Holdings Llc $70,000 None Available
Wood William A $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantrell John $100,000
Previous Owner Gibson Aaron $157,500
Previous Owner Gibson Aaron $157,500
Previous Owner Wood William A $19,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $165,000 -13.1% $82 / Sq Ft
07/12/2024 07/12/24 Price Changed $189,900 -2.6% $94 / Sq Ft
06/29/2024 06/29/24 Price Changed $194,900 -2.5% $97 / Sq Ft
06/21/2024 06/21/24 For Sale $199,900 +14.2% $99 / Sq Ft
12/29/2021 12/29/21 Sold $175,000 +0.1% $89 / Sq Ft View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $174,900 -- $89 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,372 $121,390 $12,500 $108,890
2024 $1,372 $121,390 $12,500 $108,890
2023 $1,372 $121,390 $12,500 $108,890
2022 $913 $69,583 $10,000 $59,583
2021 $913 $69,583 $10,000 $59,583
2020 $913 $69,583 $10,000 $59,583
2019 $1,000 $76,177 $10,000 $66,177
2018 $796 $61,327 $10,000 $51,327
2017 $796 $61,327 $10,000 $51,327
2016 $796 $61,327 $10,000 $51,327
2015 $808 $61,327 $10,000 $51,327
2014 $880 $68,826 $10,000 $58,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4151085

Canopy MLS (Canopy Realtor® Association)

APN: 031-067