NOT LISTED FOR SALE

511 S Iredell Ave Spencer, NC 28159

Estimated Value: $203,000 - $232,965

4 Beds
2 Baths
2,024 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $179,000 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,339/month

49 Days on Market

Highlights

  • Laundry Room
  • Wood Siding
  • Vinyl Flooring
  • Ceiling Fan

About This Home

As of January 2022

Fully renovated interior in Spencer's very own historic district! Featuring 4 beds, 2 baths, and over 2,000 sq.ft. updated floor, cabinets, countertops and fixtures. Great property for a great price!

Last Agent to Sell the Property

Jordan Williams

Jordan Williams RE Inc License #308621 Listed on: 10/16/2021

Last Buyer's Agent

Arionne Slayton

Coldwell Banker Realty License #115778

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1910

Lot Details

  • 7,405

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Zoning described as R8-3 R8-
  • Heat Pump System

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033 342

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Ratio Current Price By Acre: 1052941.18
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1424
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 600
  • Appliances: Ceiling Fan(s), CO Detector, Electric Cooktop
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2024
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 033 342
  • Zoning Description: R8-3 R8-

Tax Info

  • RATIO List Price By Tax Amount: 2.08958

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Jan 11, 2022
Sold by
Wilmore Homes Llc
Bought by
Simmons Lamont
Seller's Agent
Jordan Williams
Jordan Williams RE Inc
Buyer's Agent
Arionne Slayton
Coldwell Banker Realty
List Price
$175,000
Sold Price
$179,000
Premium/Discount to List
$4,000
2.29%
Current Estimated Value
$218,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,241
Avg. Annual Appreciation
5.53%
Original Mortgage
$175,757
Outstanding Balance
$162,334
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$55,907

Purchase Details

Closed on
Jun 1, 2021
Sold by
Keck Properties Llc
Bought by
Wilmore Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2008
Sold by
Jmni Restorations Inc
Bought by
Keck Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2006
Sold by
Myers Jerry C and Myers Sharon M
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2004-3

Purchase Details

Closed on
Mar 24, 2004
Sold by
Hankins Donald R and Hankins Arlene H
Bought by
Myers Jerry Clinton and Myers Sharon M
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
Simmons Lamont $179,000 None Available
Simmons Lamont $179,000 None Listed On Document
Wilmore Homes Llc $105,000 Tryon Title Agency Llc
Keck Properties Llc $500,500 None Available
Deutsche Bank National Trust Co $54,562 None Available
Myers Jerry Clinton $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Lamont $175,757
Closed Simmons Lamont $6,265
Closed Simmons Lamont $175,757
Previous Owner Wilmore Homes Llc $136,500
Previous Owner Keck Properties Llc $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $179,000 +2.3% $88 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $175,000 0.0% $86 / Sq Ft
12/02/2021 12/02/21 For Sale $175,000 -7.4% $86 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $189,000 -5.0% $93 / Sq Ft
10/28/2021 10/28/21 Price Changed $199,000 -4.8% $98 / Sq Ft
10/16/2021 10/16/21 For Sale $209,000 -- $103 / 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 $2,118 $187,437 $18,000 $169,437
2024 $2,118 $187,437 $18,000 $169,437
2023 $2,118 $187,437 $18,000 $169,437
2022 $1,099 $83,749 $14,500 $69,249
2021 $1,099 $83,749 $14,500 $69,249
2020 $1,099 $83,749 $14,500 $69,249
2019 $1,099 $83,749 $14,500 $69,249
2018 $936 $72,114 $14,500 $57,614
2017 $936 $72,114 $14,500 $57,614
2016 $936 $72,114 $14,500 $57,614
2015 $950 $72,114 $14,500 $57,614
2014 $1,028 $80,470 $14,500 $65,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3795299

Canopy MLS (Canopy Realtor® Association)

APN: 033-342