NOT LISTED FOR SALE

500 S Carolina Ave Spencer, NC 28159

Estimated Value: $286,000 - $465,046

7 Beds
3 Baths
4,748 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $165,000 $35 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,462/month

187 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fireplace

About This Home

As of February 2021

Take a step back in time into this historic Queen Ann Victorian home. It's unique style make it very recognizable and easy for old house lovers to fall in love! From the grand staircase on the interior to the 3 story Turrett your imagination will run withe possibilities! Sprawling 11' ceilings and wide hallways on both floors. The attention to detail on the millwork is an ode to craftsmanship of the past. A second kitchen has been started on the upper level, large screened in back porch and wrap around front porch are both perfect for afternoon rocking. The gas boiler is one of the newer updates to the home. 3 mini-split systems located on the main floor. Don't miss the third floor space. While it is unfinished much of the space is wide open with a portion being used as a work room. Located within walking distance to the NC Transportation Museum and the quaint Town of Spencer and its restaurants and shops.

Last Agent to Sell the Property

Chic Living Team

NorthGroup Real Estate LLC License #280328 Listed on: 03/31/2020

NorthGroup Real Estate LLC

Co-Listed By

Robert Nance

NorthGroup Real Estate LLC License #207310

Last Buyer's Agent

Chic Living Team

NorthGroup Real Estate LLC License #280328 Listed on: 03/31/2020

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Cleared Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 033348

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.94286
  • Ratio Close Price By Original Li: 0.94286
  • Ratio Current Price By Acre: 970588.24
  • Ratio Current Price By Sq Ft: 34.75
  • Year Built: 1910
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Upper Level Sq Ft: 2374
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 7
  • Equipment: Cooktop Electric, Dishwasher
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2374
  • Total Sq Ft: 4748

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

  • Heating: Ductless/Mini-Split System, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 033348
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 196128.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Mar 3, 2021
Sold by
Paris Sarah and Sorkin Roger Paul
Bought by
Sorkin Carmen R and Sorkin Roger Paul
Seller's Agent
Chic Living Team
NorthGroup Real Estate LLC
Buyer's Agent
Chic Living Team
NorthGroup Real Estate LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$379,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,012
Avg. Annual Appreciation
20.40%

Purchase Details

Listed on
Mar 31, 2020
Closed on
Feb 25, 2021
Sold by
Facer Paul D and Facer Margaret
Bought by
Paris Sarah and Sorkin Roger Paul
Seller's Agent
Chic Living Team
NorthGroup Real Estate LLC
Buyer's Agent
Chic Living Team
NorthGroup Real Estate LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Purchase Details

Closed on
May 28, 2004
Sold by
Bradley Reese G and Bradley Doris J
Bought by
Facer Paul D and Facer Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage
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
Sorkin Carmen R -- None Available
Paris Sarah $165,000 None Available
Facer Paul D $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Facer Paul D $135,000
Previous Owner Facer Paul D $82,150
Previous Owner Facer Paul D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $165,000 -5.7% $35 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $175,000 +6.1% $37 / Sq Ft
09/30/2020 09/30/20 Off Market $165,000 -- --
08/19/2020 08/19/20 For Sale $175,000 0.0% $37 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $175,000 -- $37 / 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 $4,813 $425,949 $19,000 $406,949
2024 $4,813 $425,949 $19,000 $406,949
2023 $4,813 $425,949 $19,000 $406,949
2022 $2,574 $196,128 $16,000 $180,128
2021 $2,574 $196,128 $16,000 $180,128
2020 $2,574 $196,128 $16,000 $180,128
2019 $2,574 $196,128 $16,000 $180,128
2018 $2,154 $165,977 $16,000 $149,977
2017 $2,154 $165,977 $16,000 $149,977
2016 $2,163 $165,977 $16,000 $149,977
2015 $2,187 $165,977 $16,000 $149,977
2014 $2,359 $184,574 $14,500 $170,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3608119

Canopy MLS (Canopy Realtor® Association)

APN: 033-348