$294,000
SOLD NOV 22, 2023

411 5th St Spencer, NC 28159

4 Beds
2.5 Baths
1,664 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

0 Day on Market

Highlights

  • Living Room with Fireplace
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Front Porch

About This Home

As of November 2023

Circa 1930 Craftsman with 4 or 5 bedrooms. Nice sized front porch. Formal living and dining rooms. Owners Suite with bathroom on first floor. Large kitchen area. 4 blocks from the NC Transportation museum. 5th Bedroom is very small and maybe more suited for a home office. Property recently renovated with permits.

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 11/20/2023

Last Buyer's Agent

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 11/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1930

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Carport
  • 2 Open Parking Spaces

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Front Porch
  • Property is zoned R6

Listing and Financial Details

  • Assessor Parcel Number 033346

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Restrictions: Historical
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.68
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, Pillar/Post/Pier
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1150
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 514
  • Appliances: Gas Range
  • Above Grade Finished Sq Ft: 1664
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 1664
  • Bedroom Main: 1
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Mud Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Parcel Number: 033346
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R6

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Nov 20, 2023
Sold by
Ktw Holdings Llp
Bought by
Moran Elizabeth Whittaker and Moran Barbara Michels
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$294,000
Sold Price
$294,000
Views
4
Current Estimated Value
$262,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,777
Avg. Annual Appreciation
-6.16%
Original Mortgage
$209,000
Outstanding Balance
$205,524
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$56,699

Purchase Details

Listed on
Feb 13, 2021
Closed on
Feb 26, 2021
Sold by
Wood William A
Bought by
Ktw Holdings Llc
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.46%

Purchase Details

Closed on
Nov 1, 2018
Sold by
Hodge Stephanie G and Hodge John E
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
$42,684
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2003
Bought by
Gardner Margaret
Source: Public Records

Range of Values:

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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 $294,000 None Listed On Document
Warranty Deed $294,000 None Listed On Document
Warranty Deed $65,000 None Available
Warranty Deed $42,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,000 New Conventional
Closed $209,000 New Conventional
Previous Owner $42,684 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $294,000 0.0% $177 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $294,000 +352.3% $177 / Sq Ft
02/26/2021 02/26/21 Sold $65,000 0.0% $39 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $65,000 -- $39 / 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 $2,104 $186,150 $14,250 $171,900
2024 $2,104 $186,150 $14,250 $171,900
2023 $1,439 $127,377 $14,250 $113,127
2022 $866 $66,009 $12,000 $54,009
2021 $866 $66,009 $12,000 $54,009
2020 $866 $66,009 $12,000 $54,009
2019 $866 $66,009 $12,000 $54,009
2018 $751 $57,893 $12,000 $45,893
2017 $751 $57,893 $12,000 $45,893
2016 $751 $57,893 $12,000 $45,893
2015 $763 $57,893 $12,000 $45,893
2014 $811 $63,490 $10,875 $52,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4089727

Canopy MLS (Canopy Realtor® Association)

APN: 033-346