$85,000
SOLD FEB 28, 2026

509 5th St Unit 5 Spencer, NC 28159

3 Beds
1.5 Baths
1,608 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

47% Below List Price

71 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Detached Garage
  • Wood Flooring
  • Screened Porch
  • Laundry Room

About This Home

As of February 2026

Welcome to this 3-bedroom, 1.5-bathroom gem nestled in the heart of the city. This home is brimming with character and ready for you to make it your own! Step inside to discover high ceilings and wood floors throughout the living room, dining room, and sitting room—just waiting to be refinished to their original glory. The roomy front porch is perfect for sipping your morning coffee, while the screened-in back porch offers a peaceful retreat overlooking the fenced-in backyard. Whether you're hosting a barbecue or enjoying a quiet evening, the outdoor spaces are sure to impress. This home is close to the NC Transportation Museum and downtown Spenser. The home features natural gas heat, ensuring warmth and efficiency during the colder months. The detached garage provides ample storage or workshop potential, and the home's layout offers plenty of flexibility to suit your needs. While this home does need some TLC, it’s being sold AS-IS, making it a fantastic opportunity to add your personal touch and create the home of your dreams. Don’t miss out on this chance to own a home with so much potential in a prime city location. Schedule your showing today and start envisioning the possibilities!

Last Agent to Sell the Property

Douglas Bickerstaff

Coldwell Banker- CK Select Brokerage Email: doug@ckselectrealestate.com License #321563 Listed on: 11/06/2025

Coldwell Banker- CK Select

Co-Listed By

Kirk Hanson

Coldwell Banker- CK Select Brokerage Email: doug@ckselectrealestate.com License #235328

Last Buyer's Agent

Scott Bauknight

Lifestyle International Realty License #323128

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Cleared Lot
  • Property is zoned R6-, R-6

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Ranch Style House
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Electric Dryer Hookup

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033 222

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1922
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 52.86
  • Geocode Confidence: High
  • Attribution Contact: doug@ckselectrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1608
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 464
  • Sq Ft Unheated Total: 464
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1608
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Living Area: 1608
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage, On Street

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Bathroom, Main Level
  • Cooling: Window Unit(s)
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Acres
  • Parcel Number: 033 222
  • Zoning: R-6
  • Plat Reference Section Pages: 9995/42
  • Lot Size Acres: 0.17
  • Lot Size: 50*145*50*145
  • Additional Parcels: No
  • Zoning Specification: R6-

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Feb 27, 2026
Sold by
Piper Penny Mae
Bought by
Let There Be Light Renovations Llc
Seller's Agent
Douglas Bickerstaff
Coldwell Banker- CK Select
Buyer's Agent
Scott Bauknight
Lifestyle International Realty
List Price
$159,900
Sold Price
$85,000
Premium/Discount to List
-$74,900
-46.84%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2268717.57%
Original Mortgage
$152,070
Outstanding Balance
$152,070
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
$19,454

Purchase Details

Closed on
Mar 23, 2020
Sold by
Harrison Yvette and Venerable Barry Ashley
Bought by
Piper Penny Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Harrison Louis A
Bought by
Harrison Yvette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $85,000 None Listed On Document
Warranty Deed $98,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,070 Construction
Previous Owner $83,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2026 02/28/26 Sold $85,000 -34.1% $53 / Sq Ft
01/17/2026 01/17/26 Pending -- -- --
01/08/2026 01/08/26 Price Changed $128,900 -0.8% $80 / Sq Ft
12/29/2025 12/29/25 Price Changed $129,900 -3.7% $81 / Sq Ft
12/18/2025 12/18/25 Price Changed $134,900 -3.6% $84 / Sq Ft
12/11/2025 12/11/25 Price Changed $139,900 -5.4% $87 / Sq Ft
12/04/2025 12/04/25 Price Changed $147,900 -0.7% $92 / Sq Ft
11/24/2025 11/24/25 Price Changed $148,900 -0.7% $93 / Sq Ft
11/19/2025 11/19/25 Price Changed $149,900 -5.7% $93 / Sq Ft
11/14/2025 11/14/25 Price Changed $158,900 -0.6% $99 / Sq Ft
11/06/2025 11/06/25 For Sale $159,900 -- $99 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4318636

Canopy MLS (Canopy Realtor® Association)

APN: 033-222

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