$53,000
SOLD DEC 31, 2012

503 7th St Spencer, NC 28159

3 Beds
2 Baths
1,300 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

34% Below List Price

187 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of September 2017

1300 sq. ft. house built in 2002 and priced at $79885! Excellent buy! Kitchen has cherry cabinets, range, dishwasher, refrigerator. All bedrooms upstairs. 2 full baths. Deck off rear of house. Nice back yard. House needs a little cosmetic work--paint and carpet stretched or replaced, but otherwise is a great place

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 3001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1300
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Road Frontage: 50
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 3001
  • Zoning: SFR
  • Lot Size Acres: 0.17
  • Lot Size: 50x145
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 8, 2017
Sold by
Hardin Christina L
Bought by
Rabon Sidney B
Seller's Agent
Deana Petty
Lantern Realty & Development, LLC
Buyer's Agent
Karla Foster
New Pointe Realty
List Price
$99,900
Sold Price
$103,000
Premium/Discount to List
$3,100
3.1%
Current Estimated Value
$207,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,957
Avg. Annual Appreciation
9.38%
Original Mortgage
$92,700
Outstanding Balance
$77,637
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$133,603

Purchase Details

Closed on
Jan 14, 2016
Sold by
Sby Finance Trs Llc
Bought by
Hardin Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2015
Sold by
2015B Property Owner Llc
Bought by
Sby Finance Trs Llc

Purchase Details

Closed on
Apr 1, 2015
Sold by
The Amer Home Real Estate Prtnrshp Iv Lp
Bought by
2015B Property Owner Llc

Purchase Details

Closed on
Sep 21, 2011
Sold by
Smith Larry S
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 21, 2004
Sold by
Smith Tony Andrea and Smith Joanna Elizabeth
Bought by
Smith Larry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,726
Interest Rate
5.78%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $103,000 None Available
Warranty Deed $71,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed $136,000 None Available
Trustee Deed $96,295 None Available
Interfamily Deed Transfer $94,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,700 New Conventional
Previous Owner $72,000 Adjustable Rate Mortgage/ARM
Previous Owner $89,726 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $103,000 +3.1% $79 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $99,900 +88.5% $77 / Sq Ft
04/05/2013 04/05/13 Off Market $53,000 -- --
12/31/2012 12/31/12 Sold $53,000 -33.7% $41 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $79,885 +149.7% $61 / Sq Ft
05/24/2012 05/24/12 Sold $31,996 -57.3% $24 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
10/14/2011 10/14/11 For Sale $75,000 -- $57 / 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 $1,671 $147,897 $12,500 $135,397
2024 $1,671 $147,897 $12,500 $135,397
2023 $1,671 $147,897 $12,500 $135,397
2022 $1,126 $85,756 $10,000 $75,756
2021 $1,126 $85,756 $10,000 $75,756
2020 $1,126 $85,756 $10,000 $75,756
2019 $1,126 $85,756 $10,000 $75,756
2018 $930 $71,666 $10,000 $61,666
2017 $930 $71,666 $10,000 $61,666
2016 $930 $71,666 $10,000 $61,666
2015 $944 $71,666 $10,000 $61,666
2014 -- $80,458 $10,000 $70,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R53767

Canopy MLS (Canopy Realtor® Association)

APN: 031-03001