NOT LISTED FOR SALE

522 S Spencer Ave Spencer, NC 28159

Estimated Value: $178,000 - $217,975

2 Beds
2.5 Baths
1,312 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $10,500 $8 Per Sq Ft

Est. 1,845% increase in value since last sale

Current estimated payment $1,335/month

10 Days on Market

Highlights

  • 0.44 Acre Lot
  • 1 Car Garage
  • Open Lot
  • Home Security System

About This Home

As of May 2013

2 bedroom home with large garage sits on 0.44 acres,dining room has built in shelving.Sold as-is, seller addendum required with accepted offer. Buyer/agent shall verify all systems and information given prior to submitting any offers. EM must be in certified funds. Bank of America prequalification required on all offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1969

Lot Details

  • 0.44 Acre Lot
  • Property fronts an interstate
  • Open Lot
  • Possible uses of the property include Residential

Parking

  • 1 Car Garage

Home Design

  • 1,312 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 2050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,673

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Interior Amenities: Other - See Remarks
  • Sq Ft Unheated Basement: 1312
  • Possible Use: Residential
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1312
  • Room Count: 5

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Partial, Metal

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: None
  • Sewer: Other - See Remarks
  • Security: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 0.44
  • Lot Size Units: Acres
  • Parcel Number: 2050
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Baileys Nextlevel Llc
Bought by
Sipp Dennis and Sipp Cynthia
Current Estimated Value
$204,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$144,483
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,761

Purchase Details

Closed on
May 24, 2021
Sold by
Wood William
Bought by
Nbailey Nextlevel Llc

Purchase Details

Closed on
Nov 1, 2018
Sold by
Stephanie G Hodge
Bought by
Wood William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,684
Interest Rate
4.83%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Stirewalt Larry K and Stirewalt Janet P
Bought by
Wood William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 12, 2013
Closed on
Mar 19, 2013
Sold by
Deutsche Bank National Trust Co
Bought by
Stirewalt Larry
List Price
$6,100
Sold Price
$10,500
Premium/Discount to List
$4,400
72.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%

Purchase Details

Closed on
Jul 18, 2012
Sold by
Spry Debbie C
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 9, 2006
Sold by
Spry Debbie C
Bought by
Deutsche Bank National Trust Co
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
Sipp Dennis $165,000 None Available
Nbailey Nextlevel Llc $77,000 None Available
Wood William -- --
Wood William $33,500 None Available
Stirewalt Larry $10,500 None Available
Deutsche Bank National Trust Co $35,490 None Available
Deutsche Bank National Trust Co $65,583 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipp Dennis $156,750
Previous Owner Wood William $42,684
Previous Owner Wood William --
Previous Owner Wood William $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2013 08/18/13 Off Market $10,500 -- --
05/06/2013 05/06/13 Sold $10,500 +72.1% $8 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $6,100 -- $5 / 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 $2,673 $236,576 $28,800 $207,776
2024 $2,673 $236,576 $28,800 $207,776
2023 $777 $137,520 $28,800 $108,720
2022 $1,144 $87,195 $23,200 $63,995
2021 $1,144 $87,195 $23,200 $63,995
2020 $1,144 $87,195 $23,200 $63,995
2019 $1,144 $87,195 $23,200 $63,995
2018 $1,021 $78,668 $23,200 $55,468
2017 $777 $59,896 $23,200 $36,696
2016 $777 $59,896 $23,200 $36,696
2015 $789 $59,896 $23,200 $36,696
2014 $1,377 $107,716 $23,200 $84,516
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R54637

Canopy MLS (Canopy Realtor® Association)

APN: 033-20501