NOT LISTED FOR SALE

504 8th St Spencer, NC 28159

Estimated Value: $264,111 - $367,000

3 Beds
2 Baths
2,100 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $350,000 $167 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,001/month

18 Days on Market

Highlights

  • Built-In Refrigerator
  • Corner Lot
  • 3 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of April 2024

Nestled on a generous corner lot spanning .57 acres with lovely shade trees, this property is the epitome of serene living. From the moment you step through the front door, you'll be captivated by the seamless blend of timeless character & modern upgrades. Inviting living room with hardwood floors boasting a cozy gas log fireplace. The open kitchen (with enormous island) seamlessly flows into the dining area, updated with contemporary finishes that are sure to impress. Discover 2 bedrooms, a beautifully renovated bathroom & a cozy sunroom on the main level. On the upper level you will find a spacious primary suite featuring a bathroom & a flex room offering endless possibilities. The basement presents endless potential from game room to storage to home office. Love to entertain? Host gatherings on the expansive covered deck, overlooking the fenced backyard. Oversized 3-car detached garage. New roof 2023. Schedule a showing today and prepare to fall in love with your new home!

Last Agent to Sell the Property

Mechelle Kuld

TMR Realty, Inc. License #280063 Listed on: 02/21/2024

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1956

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 170 x 145
  • Fenced
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • North Rowan Middle School
  • North Rowan High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031031
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,277

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: 170 x 145
  • Subdivision Name: None
  • Directions: Highway 29 towards Spencer; turn left on 8th Street. Home on right.
  • Above Grade Finished Sq Ft: 1944
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1956
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Built-In Refrigerator, Dishwasher, Gas Cooktop, Tankless Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1944
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Corner Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: North Rowan
  • High School: North Rowan
  • Middle Or Junior School: North Rowan

Lot Info

  • Parcel #: 031031
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 614035.0877
  • TRIADMLS_DeedPage: 639
  • TRIADMLS_DeedBook: 584
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2277
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 15, 2024
Sold by
Patterson Jatana S
Bought by
Boykin Robert
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Total Days on Market
18
Views
99
Current Estimated Value
$322,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,472
Avg. Annual Appreciation
-6.92%
Original Mortgage
$357,525
Outstanding Balance
$352,250
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
-$29,722

Purchase Details

Closed on
Jun 27, 2023
Sold by
Patterson Jatana S
Bought by
Mcswain Billy F and Mckenzie Mark A

Purchase Details

Closed on
Nov 1, 1978
Bought by
Patterson Daniel M
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 Buyer Sale Price Title Company
Boykin Robert $350,000 South City Title
Mcswain Billy F $60,000 None Listed On Document
Patterson Daniel M $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boykin Robert $357,525
Previous Owner Patterson Daniel M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $350,000 -2.5% $206 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $359,000 -- $211 / Sq Ft
Source: Triad 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 $2,277 $201,516 $33,750 $167,766
2023 $2,277 $201,516 $33,750 $167,766
2022 $1,540 $117,321 $27,000 $90,321
2021 $1,540 $117,321 $27,000 $90,321
2020 $1,540 $117,321 $27,000 $90,321
2019 $1,540 $117,321 $27,000 $90,321
2018 $1,310 $100,978 $27,000 $73,978
2017 $1,310 $100,978 $27,000 $73,978
2016 $1,310 $100,978 $27,000 $73,978
2015 $1,330 $100,978 $27,000 $73,978
2014 $1,435 $112,287 $27,000 $85,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1133885

Triad MLS

APN: 031-031