$81,000
SOLD FEB 14, 2019

506 Spring Ave Spring Lake, NC 28390

3 Beds
2 Baths
2,667 Sq Ft
0.95 Acres

Recently Sold

$30 Per Sq Ft

69 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Ranch Style House
  • No HOA
  • Front Porch

About This Home

As of December 2020

-LOVELY 3 BEDROOM 2 BATH HOME WITH NEW PAINT, CARPET AND REFINISHED HARDWOOD. CLOSE TO SCHOOLS AND SHOPPING. LARGE KITCHEN WITH SEPARATE DINING ROOM, FAMILY ROOM AND OFFICE. LARGE YARD

Last Agent to Sell the Property

BARBARA EVANS

EXP REALTY LLC License #288149 Listed on: 10/25/2018

EXP REALTY LLC

Last Buyer's Agent

SHERIE MOORE

EXP REALTY LLC License #300661

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1962

Lot Details

  • 0.95 Acre Lot
  • Partially Fenced Property
  • Property is in average condition
  • Zoning described as A1A - Residential District

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 2,667 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • Lillian Black Elementary School
  • Spring Lake Middle School
  • Pinecrest High School

Utilities

  • Central Air
  • The lake is a source of water for the property

Community Details

  • No Home Owners Association
  • Spring Lake Subdivision

Listing and Financial Details

  • Exclusions: NONE-
  • Assessor Parcel Number 0501963427

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,643

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Inclusions: -NONE
  • Ownership: More than a year
  • Subdivision Name: SPRING LAKE
  • Directions: -BRAGG BLVE TO LAKE STREET, RIGHT TO 5 STREEY LEFT TO SPRING AVE.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Master Downstairs, Window Treatments
  • Living Area: 2667.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Partial
  • Exclusions: NONE-
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Fence, Porch, Storage
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Average Condition

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Lake

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lillian Black Elementary
  • High School: Pinecrest High School
  • Middle Or Junior School: Spring Lake Middle School

Lot Info

  • Parcel #: 0501963427
  • Zoning Description: A1A - Residential District
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

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%
Current Estimated Value
$179,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,261
Avg. Annual Appreciation
6.37%
Original Mortgage
$135,000
Outstanding Balance
$121,840
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$57,421
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 Type Sale Price Title Company
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 VA
Previous Owner $81,180 Commercial
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: 551045

Longleaf Pine REALTORS®

APN: 0501-96-3427