503 Spence Ave Gibsonville, NC 27249
4
Beds
3
Baths
2,708
Sq Ft
0.43
Acres
Highlights
- 1 Fireplace
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of April 2025Entered for Comp Purposes.
Last Agent to Sell the Property
NONMEMBER NONMEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,816
Year Built
- Built in 1994
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 130 x 146 x 131 x 125
Parking
- 2 Car Garage
- Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,708 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Forest Trace Subdivision
Listing and Financial Details
- Assessor Parcel Number 107746
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Mar 27, 2025
Sold by
Hill Aaron and Stanley Christy S
Bought by
Mills Steven B and Mills Kathryn
Seller's Agent
NONMEMBER NONMEMBER
Buyer's Agent
Meagan Nicholson
List Price
$505,000
Sold Price
$505,000
Total Days on Market
0
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.60%
Original Mortgage
$404,000
Outstanding Balance
$404,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$69,788
Purchase Details
Closed on
Aug 19, 2022
Sold by
Bridgette Hill
Bought by
Hill Aaron P
Purchase Details
Closed on
Oct 21, 2019
Sold by
Hill Aaron P and Hill Bridgette
Bought by
Hill Aaron P and Hill Bridgette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,707
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 2017
Sold by
Allison Adam Chadwick and Allison Bridgett Nicole
Bought by
Hill Aaron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 8, 2015
Closed on
Jan 22, 2016
Sold by
Loy Freeman R and Loy Myra G
Bought by
Allison Adam Chadwick and Allison Bridgette Nicole
Seller's Agent
Karen Lyon
Allen Tate/Burlington
Buyer's Agent
Carol Maddox
Elevation Realty, LLC
List Price
$250,000
Sold Price
$250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 22, 2008
Sold by
Dixon Susan A
Bought by
Loy Freeman R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Map
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $505,000 | None Listed On Document | |
| Deed | -- | Carter Ashley L | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $250,000 | Attorney | |
| Warranty Deed | $250,000 | Attorney | |
| Special Warranty Deed | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $404,000 | New Conventional | |
| Previous Owner | $334,707 | New Conventional | |
| Previous Owner | $335,949 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $250,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $225,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $505,000 | 0.0% | $186 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $505,000 | +102.0% | $186 / Sq Ft |
| 02/26/2016 02/26/16 | Sold | $250,000 | 0.0% | $127 / Sq Ft |
| 01/27/2016 01/27/16 | Pending | -- | -- | -- |
| 12/08/2015 12/08/15 | For Sale | $250,000 | -- | $127 / Sq Ft |
Source: Triad MLS
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 | $4,841 | $504,748 | $50,000 | $454,748 |
| 2023 | $4,654 | $504,748 | $50,000 | $454,748 |
| 2022 | $3,475 | $295,940 | $45,000 | $250,940 |
| 2021 | $3,504 | $295,940 | $45,000 | $250,940 |
| 2020 | $3,496 | $292,827 | $45,000 | $247,827 |
| 2019 | $3,210 | $267,516 | $45,000 | $222,516 |
| 2018 | $0 | $267,516 | $45,000 | $222,516 |
| 2017 | $1,544 | $267,516 | $45,000 | $222,516 |
| 2016 | $2,951 | $270,749 | $45,000 | $225,749 |
| 2015 | $1,562 | $270,749 | $45,000 | $225,749 |
| 2014 | $1,428 | $270,749 | $45,000 | $225,749 |
Source: Public Records
Source: Triad MLS
MLS Number: 1176421
APN: 107746
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