505 S Iredell Ave Spencer, NC 28159
3
Beds
2
Baths
2,053
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Tile Flooring
- Central Heating and Cooling System
- Front Porch
About This Home
As of November 2024Price Adjustment! Motivated Seller. Welcome Home to the beautifully renovated home! New roof, new HVAC, new luxury vinyl througout, granite countertops, tile shower and new appliances. Enjoy sipping coffee on your refreshed front porch or deck. Primary on the main level for first floor living. Several flex spaces can be used as an addtional bedroom or office space.
Close to the transportation museum, I85 for a quick trip to Greensboro or Charlotte. Don't forget to check out downtown shopping in Spencer or Salisbury.
Last Agent to Sell the Property
Fresh Beginnings Realty Brokerage Email: angela.freshbeginhomes@gmail.com License #299621 Listed on: 03/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,431
Year Built
- Built in 1912
Home Design
- Hardboard
Interior Spaces
- 1.5-Story Property
- Crawl Space
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
Parking
- Driveway
- 1 Open Parking Space
Outdoor Features
- Deck
- Front Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 033345
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2024
Closed on
Nov 12, 2024
Sold by
Wallace Lance and Wallace Diana L
Bought by
Russell Harry L and Russell Terry J
Seller's Agent
Angela Gower
Fresh Beginnings Realty
Buyer's Agent
Melissa Hilton
Real Broker, LLC
List Price
$274,900
Sold Price
$202,000
Premium/Discount to List
-$72,900
-26.52%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,333
Avg. Annual Appreciation
-0.81%
Original Mortgage
$204,000
Outstanding Balance
$202,931
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$2,264
Purchase Details
Closed on
Feb 5, 2024
Sold by
Morris Susan
Bought by
Wallace Lance
Purchase Details
Closed on
Jun 30, 2011
Sold by
Fannie Mae
Bought by
Morris Susan
Purchase Details
Closed on
May 25, 2010
Sold by
Polaski Jennifer L
Bought by
Federal National Mortgage Association
Similar Homes in Spencer, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,000 | Statewide Title | |
| Warranty Deed | $202,000 | Statewide Title | |
| Warranty Deed | $65,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $73,565 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,000 | New Conventional | |
| Closed | $204,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $202,000 | -10.2% | $98 / Sq Ft |
| 10/12/2024 10/12/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | Price Changed | $224,900 | -6.3% | $110 / Sq Ft |
| 08/15/2024 08/15/24 | Price Changed | $239,900 | -5.9% | $117 / Sq Ft |
| 06/20/2024 06/20/24 | Price Changed | $254,900 | -3.4% | $124 / Sq Ft |
| 05/31/2024 05/31/24 | Price Changed | $263,900 | -0.4% | $129 / Sq Ft |
| 05/17/2024 05/17/24 | Price Changed | $264,900 | -1.9% | $129 / Sq Ft |
| 05/05/2024 05/05/24 | Price Changed | $269,900 | -1.3% | $131 / Sq Ft |
| 04/22/2024 04/22/24 | Price Changed | $273,500 | -0.5% | $133 / Sq Ft |
| 03/30/2024 03/30/24 | For Sale | $274,900 | -- | $134 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,431 | $126,604 | $19,000 | $107,604 |
| 2024 | $1,431 | $126,604 | $19,000 | $107,604 |
| 2023 | $1,431 | $126,604 | $19,000 | $107,604 |
| 2022 | $1,140 | $86,872 | $16,000 | $70,872 |
| 2021 | $1,140 | $86,872 | $16,000 | $70,872 |
| 2020 | $1,140 | $86,872 | $16,000 | $70,872 |
| 2019 | $1,140 | $86,872 | $16,000 | $70,872 |
| 2018 | $1,012 | $78,007 | $16,000 | $62,007 |
| 2017 | $1,012 | $78,007 | $16,000 | $62,007 |
| 2016 | $1,012 | $78,007 | $16,000 | $62,007 |
| 2015 | $1,028 | $78,007 | $16,000 | $62,007 |
| 2014 | $1,093 | $85,507 | $14,500 | $71,007 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Gower
A
Seller's Agent in 2024
Angela Gower
Fresh Beginnings Realty
(704) 738-3214
1 in this area
40 Total Sales
-
Melissa Hilton
M
Buyer's Agent in 2024
Melissa Hilton
Real Broker, LLC
(980) 345-9502
1 in this area
16 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4121514
APN: 033-345
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