503 4th St Spencer, NC 28159
Estimated Value: $290,000 - $361,000
5
Beds
2
Baths
2,705
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Wrap Around Porch
- Deck
- No HOA
- Storm Windows
About This Home
As of July 2021WOW! If you love the charm and character that you can feel from an older home, this BEAUTIFUL historic home built in 1905 is the ONE for you! Upon entering the home from your wrap-around front porch (with swing!), you'll find the formal entry way flanked by double parlors on either side w/ glass entrance doors. Original hardwoods and crown molding throughout home! Built ins & lovely details in the Formal Dining Room includ. one-of-a-kind antique stained glass chandelier! Kitchen boasts granite countertops, plenty of cabinets, & room for entertaining. All Rooms are oversized to accommodate all family gatherings & memories. Relax on large back deck w/ completely fenced yard includ. large storage shed w/ power. Outside access to unfinished basement is the perfect opportunity for yard tool storage or gardening projects. This property is located in the HEART of Spencer & near Spencer Library Park, restaurants & NC Transportation Museum. It was featured TWICE on Spencer Christmas home tour!
Last Agent to Sell the Property
Realty ONE Group Select Brokerage Email: grossuc@gmail.com License #274657 Listed on: 03/11/2021
Co-Listed By
Realty ONE Group Select Brokerage Email: grossuc@gmail.com License #290691
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,343
Year Built
- Built in 1905
Lot Details
- 9,147 Sq Ft Lot
- Lot Dimensions are 60'x150'
- Fenced
- Level Lot
- Property is zoned Historic
Home Design
- Colonial Architecture
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Family Room with Fireplace
- Storm Windows
Kitchen
- Electric Oven
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Attic
- Attic Fan
- Pull Down Stairs to Attic
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Deck
- Outbuilding
- Wrap Around Porch
Schools
- North Rowan Elementary And Middle School
- North Rowan High School
Utilities
- Central Heating
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 033241
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2021
Closed on
Jun 14, 2021
Sold by
Herrick Matthew and Herrick Mallory
Bought by
Jarrell James Ray and Newberry Christina
Seller's Agent
Cristina Grossu
Realty ONE Group Select
Buyer's Agent
Kay Dover
Dover Realty and Associates, Inc
List Price
$225,000
Sold Price
$225,000
Total Days on Market
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,866
Avg. Annual Appreciation
8.74%
Original Mortgage
$227,272
Outstanding Balance
$207,994
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$103,654
Purchase Details
Listed on
Apr 17, 2017
Closed on
Aug 1, 2017
Sold by
Walters Kenneth R
Bought by
Herrick Matthew and Herrick Mallory
Seller's Agent
Lauren Raper
EXP Realty LLC
Buyer's Agent
Robin Niblock
Better Homes and Garden Real Estate Paracle
List Price
$133,000
Sold Price
$138,000
Premium/Discount to List
$5,000
3.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$135,500
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 30, 2017
Sold by
Morales Tomas and Morales Teresa
Bought by
Walters Kenneth Reid
Purchase Details
Closed on
Dec 14, 2013
Sold by
Walters Kenneth R and Walters Victoria B
Bought by
Walters Kenneth Reid
Purchase Details
Closed on
Nov 14, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Walters Kenneth R
Purchase Details
Closed on
Sep 19, 2007
Sold by
Maltese Elaine
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
May 6, 2005
Sold by
Morales Tomas O and Morales Teresa R
Bought by
Maltese Elaine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
11.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 28, 2004
Sold by
Morales Tomas O and Morales Teresa R
Bought by
Morales Tomas and Morales Teresa
Similar Homes in Spencer, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jarrell James Ray | $225,000 | Amrock Llc | |
| Herrick Matthew | $138,000 | None Available | |
| Walters Kenneth Reid | -- | None Available | |
| Walters Kenneth Reid | -- | None Available | |
| Walters Kenneth R | $45,000 | None Available | |
| Deutsche Bank National Trust Co | $115,264 | None Available | |
| Maltese Elaine | $118,000 | -- | |
| Morales Tomas | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jarrell James Ray | $227,272 | |
| Previous Owner | Herrick Matthew | $135,500 | |
| Previous Owner | Walters Kenneth Reid | $11,000 | |
| Previous Owner | Walters Kenneth Reid | $86,000 | |
| Previous Owner | Walters Kenneth Reid | $85,000 | |
| Previous Owner | Maltese Elaine | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2021 07/14/21 | Sold | $225,000 | 0.0% | $83 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 05/29/2021 05/29/21 | For Sale | $225,000 | 0.0% | $83 / Sq Ft |
| 03/28/2021 03/28/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $225,000 | 0.0% | $83 / Sq Ft |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 03/11/2021 03/11/21 | For Sale | $225,000 | +63.0% | $83 / Sq Ft |
| 08/01/2017 08/01/17 | Sold | $138,000 | +3.8% | $50 / Sq Ft |
| 06/13/2017 06/13/17 | Pending | -- | -- | -- |
| 04/17/2017 04/17/17 | For Sale | $133,000 | -- | $48 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,343 | $295,845 | $19,000 | $276,845 |
| 2023 | $3,343 | $295,845 | $19,000 | $276,845 |
| 2022 | $2,028 | $154,497 | $16,000 | $138,497 |
| 2021 | $2,028 | $154,497 | $16,000 | $138,497 |
| 2020 | $2,028 | $154,497 | $16,000 | $138,497 |
| 2019 | $2,028 | $154,497 | $16,000 | $138,497 |
| 2018 | $1,673 | $128,892 | $16,000 | $112,892 |
| 2017 | $1,290 | $99,390 | $16,000 | $83,390 |
| 2016 | $1,290 | $99,390 | $16,000 | $83,390 |
| 2015 | $1,309 | $99,390 | $16,000 | $83,390 |
| 2014 | $1,405 | $109,934 | $14,500 | $95,434 |
Source: Public Records
Agents Affiliated with this Home
-
Cristina Grossu
Seller's Agent in 2021
Cristina Grossu
Realty ONE Group Select
(808) 341-4995
172 Total Sales
-
Cathy Grossu
C
Seller Co-Listing Agent in 2021
Cathy Grossu
Realty ONE Group Select
(808) 341-4861
77 Total Sales
-
Kay Dover
Buyer's Agent in 2021
Kay Dover
Dover Realty and Associates, Inc
(794) 202-1371
82 Total Sales
-
L
Seller's Agent in 2017
Lauren Raper
EXP Realty LLC
-
Robin Niblock
Buyer's Agent in 2017
Robin Niblock
Better Homes and Garden Real Estate Paracle
(704) 467-1112
10 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3716069
APN: 033-241
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