NOT LISTED FOR SALE

508 Charles St Spencer, NC 28159

Estimated Value: $177,000 - $241,182

3 Beds
2 Baths
1,350 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $214,000 $159 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,381/month

109 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Central Heating
  • Fireplace
  • Laundry Room
  • Fenced

About This Home

As of November 2022

Great Starter home or good for downsizing. Cute 3 bedroom 2 Bath home on .68 acres with a 2 car garage. Fenced Backyard with an Oversized single detached garage that will be awesome for entertaining. Some hard wood floors, built in cabinetry and newer refrigerator. Close to shopping, schools and highways. No HOA's. Price Improvement!

Last Agent to Sell the Property

Keya Ruston

Keller Williams Premier License #257681 Listed on: 07/22/2022

Keller Williams Premier

Last Buyer's Agent

Casey Helms

Fathom Realty NC LLC License #266825

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 200x176
  • Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Central Heating

Community Details

  • Forestdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036A099

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,134

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1962
  • Ratio Current Price By Acre: 314705.88
  • Restrictions: None
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 158.52
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 400
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1350
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 660
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 660
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Cable Prewire, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 1350
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Spencer
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.68
  • Lot Size Units: Acres
  • Parcel Number: 036A099
  • Lot Size: 200x176
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.57615

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Nov 4, 2022
Sold by
Mccray Jason Tyrone
Bought by
Smith Nicole
Seller's Agent
Keya Ruston
Keller Williams Premier
Buyer's Agent
Casey Helms
Fathom Realty NC LLC
List Price
$240,000
Sold Price
$214,000
Premium/Discount to List
-$26,000
-10.83%
Views
25
Current Estimated Value
$220,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,796
Avg. Annual Appreciation
4.33%
Original Mortgage
$214,000
Outstanding Balance
$204,924
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$36,037

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 16, 2022
Sold by
Shontay Mccray Ednasha
Bought by
Mccray Jason Tyrone
Seller's Agent
Keya Ruston
Keller Williams Premier
Buyer's Agent
Casey Helms
Fathom Realty NC LLC
List Price
$240,000
Sold Price
$214,000
Premium/Discount to List
-$26,000
-10.83%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$204,924
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$36,037

Purchase Details

Closed on
Aug 7, 2009
Sold by
Rabon Harold D and Rabon Gayle P
Bought by
Mccray Jason T and Mccray Ednasha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,391
Interest Rate
5.36%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 2006
Sold by
Potts Milbron E and Potts Shirlene G
Bought by
Rabon Harold D and Rabon Gayle P
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Smith Nicole $214,000 --
Mccray Jason Tyrone -- --
Mccray Jason T $134,500 None Available
Rabon Harold D $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicole $214,000
Previous Owner Mccray Jason T $132,615
Previous Owner Mccray Jason T $130,350
Previous Owner Mccray Jason T $137,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $214,000 +3.4% $159 / Sq Ft
09/20/2022 09/20/22 Price Changed $207,000 -5.9% $153 / Sq Ft
07/31/2022 07/31/22 Price Changed $220,000 -8.3% $163 / Sq Ft
07/22/2022 07/22/22 For Sale $240,000 -- $178 / 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
2025 $2,134 $188,857 $26,500 $162,357
2024 $2,134 $188,857 $26,500 $162,357
2023 $2,134 $188,857 $26,500 $162,357
2022 $1,724 $131,333 $22,000 $109,333
2021 $1,724 $131,333 $22,000 $109,333
2020 $1,724 $131,333 $22,000 $109,333
2019 $1,724 $131,333 $22,000 $109,333
2018 $1,438 $110,795 $22,000 $88,795
2017 $1,438 $110,795 $22,000 $88,795
2016 $1,438 $110,795 $22,000 $88,795
2015 $1,460 $110,795 $22,000 $88,795
2014 $1,452 $113,596 $22,000 $91,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3885136

Canopy MLS (Canopy Realtor® Association)

APN: 036-A099