NOT LISTED FOR SALE

506 Spring Ave Spring Lake, NC 28390

Estimated Value: $150,000 - $194,000

4 Beds
2 Baths
1,539 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $135,000 $88 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,123/month

8 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Tile Flooring
  • No HOA
  • Brick Veneer
  • Kitchen Island

About This Home

As of December 2020

Beautifully renovated home with four bedrooms and two full baths, new laminate hardwoods/tile flooring, new carpet, new stainless steel appliances and new counter tops. New roof installed in 2019. Minutes from Fort Bragg, schools and local shopping. Outside storage with electricity. Don't wait, make an appointment today!

Last Listed By

Charles Fennell

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #243222 Listed on: 11/20/2020

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1962

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 1,539 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lillian Black Elementary School
  • Spring Lake Middle School
  • Pine Forest Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • The lake is a source of water for the property

Additional Features

  • Outdoor Storage
  • Property is in good condition

Community Details

  • No Home Owners Association
  • Spring Lake Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 0501-96-3427

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,643

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Inclusions: None
  • Ownership: Less than a year
  • Subdivision Name: SPRING LAKE
  • Directions: Take ramp right for NC-295 North toward Bragg Blvd / Murchison Rd 1.7 mi Keep right onto NC-87 N / NC-24 W 0.6 mi Take ramp left for NC-295 North / NC-87 North / NC-24 West toward Spring Lake 4.0 mi Turn right onto Lake Ave, and then immediately turn left onto S 3rd St BURGER KING on the corner 0.2 mi Turn right onto Spring Ave 0.2 mi Arrive at Spring Ave
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Kitchen Island
  • Living Area: 1539.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Storage
  • Property Condition: Good Condition

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Lake

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lillian Black Elementary
  • High School: Pine Forest Senior High
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0501-96-3427
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 31, 2020
Sold by
Paradizez Properties Llc
Bought by
Lochead Amanda L
Seller's Agent
Charles Fennell
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
SHARON WILSON
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Total Days on Market
8
Current Estimated Value
$175,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,999
Avg. Annual Appreciation
6.20%
Original Mortgage
$135,000
Outstanding Balance
$121,840
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$54,159

Range of Values:

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Average Value
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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
Lochead Amanda L $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochead Amanda L $135,000
Previous Owner Paradizez Properties Llc $81,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $135,000 -2.9% $88 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $139,000 +71.6% $90 / Sq Ft
02/14/2019 02/14/19 Sold $81,000 0.0% $30 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
10/25/2018 10/25/18 For Sale $81,000 -- $30 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $1,643 $88,511 $3,250 $85,261
2023 $1,643 $77,677 $3,250 $74,427
2022 $1,304 $77,677 $3,250 $74,427
2021 $1,304 $77,677 $3,250 $74,427
2019 $1,275 $64,300 $3,250 $61,050
2018 $1,275 $64,300 $3,250 $61,050
2017 $1,275 $64,300 $3,250 $61,050
2016 $1,456 $79,500 $3,250 $76,250
2015 $808 $79,500 $3,250 $76,250
2014 $1,456 $79,500 $3,250 $76,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 646565

Longleaf Pine REALTORS®

APN: 0501-96-3427