511 7th St Spencer, NC 28159
Estimated Value: $140,000 - $196,000
3
Beds
1
Bath
1,530
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Storm Windows
- 1 Car Garage
- Screened Porch
- Forced Air Heating System
- Level Lot
About This Home
As of June 2015Brick home, screened front porch, hardwood floors, fireplace in living room. Single detached garage with workshop. Range, dishwasher, & refrigerator. Move-In Ready!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $841
Year Built
- Built in 1924
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 145
- Property fronts an interstate
- Level Lot
- Possible uses of the property include Residential
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
- Composition Roof
- Metal Siding
Interior Spaces
- 1,530 Sq Ft Home
- Window Treatments
- Living Room with Fireplace
- Screened Porch
- Crawl Space
- Storm Windows
Kitchen
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- North Rowan Elementary And Middle School
- North Rowan High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2014
Closed on
Jun 16, 2015
Sold by
Krug Richard J and Krug Donna A
Bought by
Frasure Michael A
List Price
$53,750
Sold Price
$53,750
Total Days on Market
229
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
$117,743
Avg. Annual Appreciation
11.62%
Original Mortgage
$52,775
Outstanding Balance
$42,743
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$118,127
Purchase Details
Closed on
May 10, 2011
Sold by
American Broadcast Employees Federal Cre
Bought by
Krug Richard J and Krug Donna A
Purchase Details
Closed on
Sep 22, 2009
Sold by
Bowler William B and Bowler Laura A
Bought by
American Broadcast Employees Federal Cre
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frasure Michael A | $54,000 | None Available | |
| Krug Richard J | $23,500 | None Available | |
| American Broadcast Employees Federal Cre | $45,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frasure Michael A | $52,775 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2015 09/16/15 | Off Market | $53,750 | -- | -- |
| 06/16/2015 06/16/15 | Sold | $53,750 | 0.0% | $35 / Sq Ft |
| 05/17/2015 05/17/15 | Pending | -- | -- | -- |
| 10/30/2014 10/30/14 | For Sale | $53,750 | -- | $35 / 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 |
|---|---|---|---|---|
| 2024 | $841 | $74,465 | $12,500 | $61,965 |
| 2023 | $841 | $74,465 | $12,500 | $61,965 |
| 2022 | $616 | $46,958 | $10,000 | $36,958 |
| 2021 | $616 | $46,958 | $10,000 | $36,958 |
| 2020 | $616 | $46,958 | $10,000 | $36,958 |
| 2019 | $616 | $46,958 | $10,000 | $36,958 |
| 2018 | $578 | $44,529 | $10,000 | $34,529 |
| 2017 | $578 | $44,529 | $10,000 | $34,529 |
| 2016 | $578 | $44,529 | $10,000 | $34,529 |
| 2015 | $587 | $44,529 | $10,000 | $34,529 |
| 2014 | $639 | $50,011 | $10,000 | $40,011 |
Source: Public Records
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: R57095
APN: 031-027
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