$138,000
SOLD AUG 1, 2017

503 4th St Spencer, NC 28159

5 Beds
2 Baths
2,763 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

4% Above List Price

57 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace
  • Shed
  • Wood Flooring
  • Walk-In Closet
  • Attic Fan

About This Home

As of July 2021

Beautiful historic home (1905) in the heart of Spencer. Has duel original oversized, glass french doors & added custom molding. Original oak & knotty pine floors, a gable closet, & built in china cabinet. Huge kitchen w/ stainless appliances & grant counters. Enjoy the 5 large bedrooms and relax on the grand wrap-around porch or on the large, back deck w/ fenced lawn. Too much to say about this beauty! Featured twice on the Spencer Christmas home tour; this home is truly an incredible find.

Last Agent to Sell the Property

Lauren Raper

EXP Realty LLC License #276101 Listed on: 04/17/2017

Last Buyer's Agent

Robin Niblock

Better Homes and Garden Real Estate Paracle License #206980

Better Homes and Garden Real Estate Paracle

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Home Design

  • Colonial Architecture

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 033241
  • Tax Block 241

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Colonial
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03759
  • Ratio Close Price By Original Li: 1.03759
  • Ratio Current Price By Acre: 690000.00
  • Ratio Current Price By Sq Ft: 49.95
  • Year Built: 1905
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Brick, Crawl Space
  • Upper Level Sq Ft: 1178
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Doors and Windows: Storm Window(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Den, FAMILYRM
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Built-Ins, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Porch
  • Room Count: 2
  • Main Level Sq Ft: 1585
  • Total Sq Ft: 2763
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Sidewalk

Schools

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

Lot Info

  • Lot Size Area: 0.200
  • Parcel Number: 033241
  • Plat Book Slide: 033
  • Zoning: Residential
  • Zoning Specification: Historic

Tax Info

  • Tax Value: 99390.00
  • Tax Block: 241
  • Tax Location: Spencer

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
Current Estimated Value
$292,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,332
Avg. Annual Appreciation
6.69%
Original Mortgage
$227,272
Outstanding Balance
$207,994
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$84,338

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
Source: Public Records

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Range of Values:

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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 $225,000 Amrock Llc
Warranty Deed $138,000 None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $45,000 None Available
Trustee Deed $115,264 None Available
Warranty Deed $118,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,272 New Conventional
Previous Owner $135,500 FHA
Previous Owner $11,000 Credit Line Revolving
Previous Owner $86,000 New Conventional
Previous Owner $85,000 New Conventional
Previous Owner $76,000 Fannie Mae Freddie Mac
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

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
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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3272034

Canopy MLS (Canopy Realtor® Association)

APN: 033-241