$275,000
SOLD NOV 15, 2024

517 W Spring St Troy, NC 27371

4 Beds
2.5 Baths
2,136 Sq Ft
9 Acres

Recently Sold

$129 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Barn
  • Workshop
  • Circular Driveway
  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of November 2024

TROY - On Top of the World!! This 4-bedroom, 2.5 bath, 1.5 story home is tucked back on 9 acres in town. Such a lovely setting with circular drive, covered porches, a basement work-shop, and 2-car garage. Lush lawn, detached storage building, a barn and lots of Charm!!

Last Agent to Sell the Property

Kat Mcrae

New South Realty, Inc Brokerage Email: kat@newsouthrealty.com License #C6975 Listed on: 08/19/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1922

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Propane Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Workshop

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Oil
  • Propane
  • Cable TV Available

Additional Features

  • Lot Has A Rolling Slope
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 7538-09-06-8249

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1922
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 128.75
  • Geocode Confidence: Medium
  • Attribution Contact: kat@newsouthrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2026
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 839
  • Sq Ft Unheated Total: 839
  • Sq Ft Upper: 110
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2136
  • Has Basement: Basement Garage Door, Basement Shop, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Propane
  • Living Area: 2136
  • Bedroom Main: 1
  • Room Count: 16

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 518
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Circular Driveway, Attached Garage

Utilities

  • Heating: Oil
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom, Utility Room
  • Security: None
  • Cooling: Central Air
  • Utilities: Cable Available, Propane
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 9
  • Lot Size Units: Acres
  • Parcel Number: 7538-09-06-8249
  • Horse Amenities: Barn
  • Lot Size: Irregular 9 acres
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Nov 15, 2024
Sold by
Allen Frances D
Bought by
Otty Kenneth Allan and Otty Jennifer Nadine
Seller's Agent
Kat Mcrae
New South Realty, Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$289,500
Sold Price
$275,000
Premium/Discount to List
-$14,500
-5.01%
Views
42
Current Estimated Value
$285,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,272
Avg. Annual Appreciation
-3.79%
Original Mortgage
$150,000
Outstanding Balance
$148,812
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$118,138

Purchase Details

Closed on
Jan 1, 1968
Bought by
Allen James B and Allen Frances
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 Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $150,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $275,000 -5.0% $129 / Sq Ft
08/19/2024 08/19/24 For Sale $289,500 -- $136 / 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
2024 $944 $153,481 $54,450 $99,031
2023 $944 $153,481 $54,450 $99,031
2022 $944 $153,481 $54,450 $99,031
2021 $944 $153,481 $54,450 $99,031
2020 $944 $153,481 $54,450 $99,031
2018 $983 $158,600 $54,450 $104,150
2017 $983 $158,600 $54,450 $104,150
2016 $983 $158,600 $54,450 $104,150
2015 $904 $158,600 $0 $0
2014 $904 $158,608 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4172135

Canopy MLS (Canopy Realtor® Association)

APN: 7538-09-06-8249