NOT LISTED FOR SALE

503 Spring Ave Spring Lake, NC 28390

Estimated Value: $113,000 - $156,645

3 Beds
2 Baths
1,526 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $105,000 $69 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $875/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Private Driveway
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Ranch style home

Last Listed By

Timothy Mathenge

Costello Real Estate & Investm License #317813 Listed on: 12/02/2022

Costello Real Estate & Investm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x130

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,526 Sq Ft Home
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cumberland County Schools Elementary And Middle School
  • Cumberland County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pine Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,281

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Prop. Type: Residential
  • Subdivision Name: Pine Forest
  • Above Grade Finished Sq Ft: 1526.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 80x130
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 1526.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.23
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Cumberland County Schools
  • Middle Or Junior School: Cumberland County Schools

Lot Info

  • Lot Dimensions: 80x130
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1281.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cumberland County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 20, 2022
Sold by
Stancil Marcus
Bought by
Ndarathi Charles Mathenge and Mathenge Milcah Njoki
Seller's Agent
Timothy Mathenge
Costello Real Estate & Investm
Buyer's Agent
Timothy Mathenge
Costello Real Estate & Investm
List Price
$105,000
Sold Price
$105,000
Total Days on Market
2
Current Estimated Value
$134,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,911
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Sep 28, 2021
Sold by
Chavis Juanita Warn and Chavis Rodger
Bought by
Stancil Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
1.5%
Mortgage Type
New Conventional

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
Ndarathi Charles Mathenge $105,000 --
Stancil Marcus $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stancil Marcus $80,000
Previous Owner Stancil Marcus $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $105,000 -- --
12/21/2022 12/21/22 Sold $105,000 0.0% $69 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $105,000 -- $69 / Sq Ft
Source: Doorify MLS

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 $1,443 $73,445 $3,250 $70,195
2023 $1,443 $73,445 $3,250 $70,195
2022 $1,281 $73,445 $3,250 $70,195
2021 $1,281 $73,445 $3,250 $70,195
2019 $1,252 $62,800 $3,250 $59,550
2018 $1,252 $62,800 $3,250 $59,550
2017 $1,252 $62,800 $3,250 $59,550
2016 $1,397 $75,400 $3,250 $72,150
2015 $1,397 $75,400 $3,250 $72,150
2014 $1,397 $75,400 $3,250 $72,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487957

Doorify MLS

APN: 0501-96-1539