NOT LISTED FOR SALE

502 Oakwood Dr Spencer, NC 28159

Estimated Value: $288,000 - $317,842

3 Beds
2.5 Baths
2,058 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $168,000 $82 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,942/month

5 Days on Market

About This Home

As of April 2019

Wow! Don't miss this handsome 3 bedroom 2.5 bathroom home in Spencer neighborhood located close to schools, dining, and I-85. Spacious floor plan includes formal dining, living and a separate great room featuring cozy fireplace. Plus fresh new interior paint and carpet. Eat in kitchen boast stainless steel appliances, breakfast bar, and exit to sun room. Entertain or relax on sun room overlooking grass backyard. Plenty of parking for everyone with detached 2 car garage and attached 2 car garage! Great work space for your hobbies and projects, so bring your toys! Come and take a look today!

Last Agent to Sell the Property

Robert Jones

OfferPad Brokerage LLC License #299388 Listed on: 03/02/2019

Last Buyer's Agent

Elia Gegorek

Gegorek & Associates Realty LLC License #187532

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.52

Parking

  • 2

Home Design

  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 037012

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.03074
  • Ratio Close Price By Original Li: 1.03074
  • Ratio Current Price By Acre: 323076.92
  • Ratio Current Price By Sq Ft: 81.63
  • Year Built: 1980
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace: Yes
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2058
  • Total Sq Ft: 2058

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Natural Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.520
  • Parcel Number: 037012
  • Zoning Specification: R8

Tax Info

  • Tax Value: 136047.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
Mar 22, 2019
Sold by
Offerpad Llc
Bought by
Martinez Alvarado Karla V
Seller's Agent
Robert Jones
OfferPad Brokerage LLC
Buyer's Agent
Elia Gegorek
Gegorek & Associates Realty LLC
List Price
$162,990
Sold Price
$168,000
Premium/Discount to List
$5,010
3.07%
Current Estimated Value
$306,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,211
Avg. Annual Appreciation
10.67%
Original Mortgage
$134,000
Outstanding Balance
$118,050
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$201,853

Purchase Details

Listed on
Mar 2, 2019
Closed on
Feb 8, 2019
Sold by
Brown Doris Boyd and Brown Samuel C
Bought by
Offerpad Spv Borrower1 Llc
Seller's Agent
Robert Jones
OfferPad Brokerage LLC
Buyer's Agent
Elia Gegorek
Gegorek & Associates Realty LLC
List Price
$162,990
Sold Price
$168,000
Premium/Discount to List
$5,010
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$118,050
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$201,853

Purchase Details

Closed on
Sep 24, 2003
Bought by
Boyd Doris J
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
Martinez Alvarado Karla V $168,000 None Available
Offerpad Spv Borrower1 Llc $147,500 Fidelity National Title Comp
Boyd Doris J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Karla V $90,000
Open Martinez Alvarado Karla V $134,000
Previous Owner Boyd Doris $114,149
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $168,000 +3.1% $82 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $162,990 -- $79 / 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 $3,283 $290,566 $29,700 $260,866
2024 $3,283 $290,566 $29,700 $260,866
2023 $3,283 $290,566 $29,700 $260,866
2022 $2,057 $156,753 $24,300 $132,453
2021 $2,057 $156,753 $24,300 $132,453
2020 $2,057 $156,753 $24,300 $132,453
2019 $2,057 $156,753 $24,300 $132,453
2018 $1,766 $136,047 $24,300 $111,747
2017 $1,766 $136,047 $24,300 $111,747
2016 $1,766 $136,047 $24,300 $111,747
2015 $1,792 $136,047 $24,300 $111,747
2014 $1,790 $140,075 $24,300 $115,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3479006

Canopy MLS (Canopy Realtor® Association)

APN: 037-012