NOT LISTED FOR SALE

511 S Carolina Ave Spencer, NC 28159

Estimated Value: $194,000 - $256,000

3 Beds
2.5 Baths
1,197 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $161,900 $135 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,374/month

1 Day on Market

Highlights

  • New Construction
  • Arts and Crafts Architecture
  • Corner Lot

About This Home

As of May 2021

To be built, new construction! This two story turn of the century style home features an open living and dining area flowing into the kitchen and covered porch with storage room. Spacious kitchen, owner suite, home includes a total of three bedrooms, two full baths and one half bath. The Queen Ann inspired exterior offers a hip roof, full front covered porch situated perfectly on a corner lot.

Last Agent to Sell the Property

Chic Living Team

NorthGroup Real Estate LLC License #280328 Listed on: 08/27/2020

NorthGroup Real Estate LLC

Co-Listed By

Robert Nance

NorthGroup Real Estate LLC License #207310

Last Buyer's Agent

Richie Egnor

Keller Williams Premier License #310684

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,405

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Additional Features

  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 032020

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Proposed
  • Ratio Close Price By List Price: 1.01888
  • Ratio Close Price By Original Li: 1.01888
  • Ratio Current Price By Acre: 952352.94
  • Ratio Current Price By Sq Ft: 135.25
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 598
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 599
  • Total Sq Ft: 1197

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 032020
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 74903.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
May 24, 2021
Sold by
Rob Construction Llc
Bought by
Lynch Telela Quinn and Lynch Nikarrius
Seller's Agent
Chic Living Team
NorthGroup Real Estate LLC
Buyer's Agent
Richie Egnor
Keller Williams Premier
List Price
$158,900
Sold Price
$161,900
Premium/Discount to List
$3,000
1.89%
Current Estimated Value
$227,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,982
Avg. Annual Appreciation
8.34%
Original Mortgage
$158,967
Outstanding Balance
$145,887
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$82,761

Purchase Details

Closed on
Oct 2, 2020
Sold by
Town Of Spencer
Bought by
Rob Nance Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 21, 2017
Sold by
Ellis Kristan Mcfee and Whitfield Mcfee Mary Leah
Bought by
Town Of Spencer
Seller's Agent
Kyle Swicegood
The Swicegood Group, Inc.
Buyer's Agent
Elizabeth Swicegood
The Swicegood Group, Inc.
List Price
$5,000
Sold Price
$16,050
Premium/Discount to List
$11,050
221%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lynch Telela Quinn $162,000 None Available
Rob Nance Construction Llc -- Chicago Title Insurance Co
Town Of Spencer $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Telela Quinn $158,967
Closed Lynch Telela Quinn $4,769
Previous Owner Rob Nance Construction Llc $112,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $161,900 +1.9% $135 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $158,900 +890.0% $133 / Sq Ft
06/01/2017 06/01/17 Sold $16,050 +221.0% $5 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $5,000 -- $2 / 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 $1,924 $170,234 $18,000 $152,234
2024 $1,924 $170,234 $18,000 $152,234
2023 $1,924 $170,234 $18,000 $152,234
2022 $1,287 $98,060 $15,000 $83,060
2021 $983 $74,903 $15,000 $59,903
2020 $983 $74,903 $15,000 $59,903
2019 $983 $74,903 $15,000 $59,903
2018 $1,034 $78,454 $15,000 $63,454
2017 $1,018 $78,454 $15,000 $63,454
2016 $1,018 $78,454 $15,000 $63,454
2015 $1,034 $78,454 $15,000 $63,454
2014 $929 $72,666 $14,500 $58,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3656339

Canopy MLS (Canopy Realtor® Association)

APN: 032-020