NOT LISTED FOR SALE

505 2nd St Unit 36 Spencer, NC 28159

Estimated Value: $173,000 - $214,858

3 Beds
2 Baths
822 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $112,500 $137 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,248/month

12 Days on Market

Highlights

  • A-Frame Home
  • Level Lot
  • Vinyl Flooring

About This Home

As of July 2021

A must-see! Beautifully remodeled 840 sq. ft home with 3 BDS, 2 Baths. New features include roof, fresh interior paint throughout the house, and new flooring. Upgraded kitchen with granite countertops, fresh-new cabinets, and stainless steel appliances. HVAC is less than 2 years old. Enjoy the nice deck out back with a flat yard.

Last Agent to Sell the Property

Ivonne Erion

Lantern Realty & Development, LLC License #289340 Listed on: 05/13/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

Cecilia Carbajal

America's Real Estate Group Inc License #239701

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,276

Home Design

  • A-Frame Home
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 027019

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02273
  • Ratio Close Price By Original Li: 1.02273
  • Ratio Current Price By Acre: 592105.26
  • Ratio Current Price By Sq Ft: 136.86
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: CO Detector, Dishwasher, Electric Oven, Refrigerator
  • Flooring: Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 822
  • Total Sq Ft: 822

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.190
  • Parcel Number: 027019
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 22383.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Fragoso Ana
Bought by
Gill Nashala
Total Days on Market
12
Current Estimated Value
$190,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,250
Outstanding Balance
$45,799
Interest Rate
6.74%
Estimated Equity
$148,358

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 23, 2021
Sold by
Constantino Arturo and Arias Angelica Pacheco
Bought by
Fragoso Ann
Seller's Agent
Ivonne Erion
Lantern Realty & Development, LLC
Buyer's Agent
Cecilia Carbajal
America's Real Estate Group Inc
List Price
$110,000
Sold Price
$112,500
Premium/Discount to List
$2,500
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$101,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2021
Sold by
Doran Anthony Wayne
Bought by
Constantino Arturo

Purchase Details

Closed on
Dec 31, 1999
Bought by
Doran Anthony Wayne
Source: Public Records

Similar Homes in Spencer, NC

  • 303 S Iredell Ave, Spencer, NC 28159

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,209 Sq Ft
    • 303 S Iredell Ave
    • Spencer, NC

    Welcome to this beautifully updated 3-bedroom, 2-bath home located in the heart of peaceful downtown Spencer. Renovated in 2023, this home offers the feel of new construction with modern upgrades throughout, including new plumbing, roofing, electrical, and HVAC systems—providing peace of mind and comfort for years to come.As an added bonus, a premium Aqua Pure Solutions Water Treatment System was

    Shandy Safrit Lantern Realty & Development, LLC

    Section Image
  • 602 Meadow Ave, Spencer, NC 28159

    $234,900

    • 3 Beds
    • 2 Baths
    • 1,176 Sq Ft
    • 602 Meadow Ave
    • Spencer, NC

    Come discover the flawless craftsmanship showcased in this brand new 3-bedroom, 2-full bath ranch-style home. Unwin on the expansive front porch or host gatherings in the generously sized great room featuring luxurious vinyl plank flooring. Bedroom 2 offers ample storage with its double closets, while the Primary Suite boasts spacious walk-in closets. Additionally, enjoy the convenience of a

    Andy Matthews CEDAR REALTY LLC

    Section Image
  • 211 S Rowan Ave, Spencer, NC 28159

    $175,000

    • 3 Beds
    • 2 Baths
    • 1,592 Sq Ft
    • 211 S Rowan Ave
    • Spencer, NC

    Nestled on a corner lot, this charming vintage home offers a blend of character and key updates. You'll love the tall ceilings, classic hardwood floors, and solid craftsmanship throughout. The kitchen has been refreshed with oak cabinetry. The third bedroom, located just off the kitchen, is ideal as a guest space or home office. With its unique features and inviting layout, this home is ready for

    Robert Nance NorthGroup Real Estate LLC

    Section Image
  • 606 Meadow Ave, Spencer, NC 28159

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,176 Sq Ft
    • 606 Meadow Ave
    • Spencer, NC

    Come and discover the flawless craftsmanship showcased in this brand new 3-bedroom, 2-full-bath ranch-style home. Unwind on the expansive front porch or host gatherings in the generously sized great room featuring luxurious vinyl plank flooring. Bedroom 2 offers ample storage with its double closets, while the Primary Suite boasts spacious walk-in closets. Additionally, enjoy the convenience of a

    Andy Matthews CEDAR REALTY LLC

    Section Image
  • 801 3rd St, Spencer, NC 28159

    $234,900

    • 3 Beds
    • 2 Baths
    • 1,958 Sq Ft
    • 801 3rd St
    • Spencer, NC

    The rocking chair covered front porch welcomes you to this lovely home. The vintage double front doors give you just a hint of the charm you will find inside. The home offers beautiful wood flooring, high ceilings, original woodwork and wainscoting. The stunning foyer beckons you in with its lovely chandelier and striking staircase. The main floor offers a beautiful living room and dining room,

    Mary Arey Arey Realty

    Section Image
  • 216 N Rowan Ave, Spencer, NC 28159

    $215,000

    • 4 Beds
    • 2.5 Baths
    • 216 N Rowan Ave
    • Spencer, NC

    Classic vintage Craftsman style & design. Covered front porch and small enclosed rear porch. Renovation and remodel started but not completed. Home has been gutted with defined rooms on both levels and Jack & Jill bathrooms. Unfinished guest bath on the main level. No kitchen appliances, cabinets or countertops present. Laundry hookups present. Large fenced yard with inground vinyl pool, storage

    Patti Snow Patricia Snow

    Section Image
  • 204 N Yadkin Ave, Spencer, NC 28150

    $247,500

    • 3 Beds
    • 2.5 Baths
    • 1,330 Sq Ft
    • 204 N Yadkin Ave
    • Spencer, NC

    Beautiful BRAND NEW Home COMPLETED and Ready for you!! Designer LVP flooring throughout main living areas. The whole downstairs has great flow. Walk into a sizeable great room, followed by the Dining area right beside the Kitchen which has an updated Chandelier. Kitchen is AWESOME with White Shaker Cabinets, Granite Countertops & NEW Stainless Steel appliances. Half-bath features a single vanity

    Cherie Burris RE/MAX Executive

    Section Image
  • 510 5th St, Spencer, NC 28159

    $186,000

    • 2 Beds
    • 1 Bath
    • 1,433 Sq Ft
    • 510 5th St
    • Spencer, NC

    Step into the enchanting past with this meticulously preserved 1920s Arts and Crafts style home in Spencer. This two-bedroom residence offers a rare opportunity to own a piece of local heritage. The home features original hardwood floors and a comfortable living room. The updated kitchen blends modern convenience with craftsmanship, boasting white cabinetry. Two serene bedrooms offer peaceful

    Dave McCrostie ERA Live Moore

    Section Image
  • 414 S Yadkin Ave, Spencer, NC 28159

    $199,900

    • 2 Beds
    • 2 Baths
    • 1,536 Sq Ft
    • 414 S Yadkin Ave
    • Spencer, NC

    Lovely historic home has many totally updates. Open concept living area, soaring 10 ft ceilings, vinyl plank flooring, home features 2 updated bathrooms with granite countertops, split bedroom plan. New kitchen with stainless steel appliances, flex room 5'2x24'3, perfect as an exercise room, office, playroom, or extra storage, large covered front porch and private parking behind home with

    Barbara Lomax Wallace Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Gill Nashala $185,000 None Listed On Document
Fragoso Ann $112,500 None Available
Constantino Arturo $24,000 None Available
Doran Anthony Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Nashala $46,250
Open Gill Nashala $127,000
Previous Owner Fragoso Ann $101,250
Previous Owner Doran Anthony Wayne $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $112,500 +2.3% $137 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $110,000 -- $134 / 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 $2,134 $172,079 $9,000 $163,079
2023 $379 $30,527 $9,000 $21,527
2022 $295 $22,383 $9,000 $13,383
2021 $295 $22,383 $9,000 $13,383
2020 $295 $22,383 $9,000 $13,383
2019 $295 $22,383 $9,000 $13,383
2018 $275 $21,124 $9,000 $12,124
2017 $497 $39,059 $9,000 $30,059
2016 $497 $39,059 $9,000 $30,059
2015 $505 $39,059 $9,000 $30,059
2014 $519 $40,575 $9,000 $31,575
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3737715

Canopy MLS (Canopy Realtor® Association)

APN: 027-019