NOT LISTED FOR SALE

5347 Spencer Lake Rd High Point, NC 27263

Estimated Value: $426,327 - $466,000

3 Beds
2.5 Baths
2,200 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $420,000 $191 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,699/month

2 Days on Market

Highlights

  • 1.84 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Wood Flooring
  • Arched Doorways
  • Porch

About This Home

As of May 2024

Welcome to your oasis of tranquility nestled on 1.84 acres of picturesque land, moments away from city conveniences. One-owner, one-level home boasts an upper-level bonus. While it awaits your personal touch & some tender loving care, this property presents an incredible opportunity to create your dream retreat.Natural light pours in through large windows. Comfortable living ~ soaring ceilings, spacious bedrooms, kitchen + breakfast rm ready for your customization. Bonus area offers limitless possibilities ~ a home office, "man cave", or a serene retreat. Outside, the beauty of nature surrounds ~ With 1.84 acres of land to explore, there's ample room for gardening, outdoor recreation, or simply enjoying the peaceful setting. Imagine unwinding on the covered porch or hosting gatherings under the stars - endless possibilities! While this home is being sold as-is requiring updates & TLC, the foundation is solid, with undeniable potential. Use your imagination to make this home a standout!

Last Agent to Sell the Property

Linda Beck

Allen Tate High Point License #232009 Listed on: 04/06/2024

Allen Tate High Point

Last Buyer's Agent

Tiffany Ellis

Tiffany Ellis Real Estate License #196415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 2003

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Arched Doorways
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Spencer Lake Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7747001805
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Subdivision Name: Spencer Lake Downs
  • Directions: 74 towards Archdale, take exit 79 Cedar Square Exit, L on Cedar Square Rd, R on Elmer Beeson, L on Spencer Rd, R on Spencer Lake Rd
  • Above Grade Finished Sq Ft: 2060
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2060
  • Main Level Bathrooms: 3
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared, Cul-De-Sac, Subdivided
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, On Street, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7747001805
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 228260.8696
  • TRIADMLS_DeedPage: 1079
  • TRIADMLS_DeedBook: 1860
  • TRIADMLS_PlatBook: 80-49
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1093
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
May 3, 2024
Sold by
Osborne Terry Wilson and Osborne David Wayne
Bought by
Davis Brian and Davis Kristen
Seller's Agent
Linda Beck
Allen Tate High Point
Buyer's Agent
Tiffany Ellis
Tiffany Ellis Real Estate
List Price
$420,000
Sold Price
$420,000
Views
168
Current Estimated Value
$454,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,582
Avg. Annual Appreciation
7.25%
Original Mortgage
$336,000
Outstanding Balance
$332,400
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$122,182

Purchase Details

Closed on
Mar 10, 2004
Sold by
Sunrise Carpentry Inc
Bought by
Osborne Terry W and Kennedy Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,900
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Bought by
Osborne Terry W Osborne Patricia
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 Buyer Sale Price Title Company
Davis Brian $420,000 None Listed On Document
Osborne Terry W $220,000 --
Osborne Terry W Osborne Patricia $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brian $336,000
Previous Owner Osborne Terry W $345,000
Previous Owner Osborne Terry W $131,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $420,000 0.0% $233 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $420,000 -- $233 / Sq Ft
Source: Triad MLS

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 $2,117 $325,710 $55,480 $270,230
2023 $1,093 $325,710 $55,480 $270,230
2022 $929 $226,020 $33,470 $192,550
2021 $929 $226,020 $33,470 $192,550
2020 $921 $226,020 $33,470 $192,550
2019 $921 $226,020 $33,470 $192,550
2018 $872 $204,500 $33,470 $171,030
2016 $846 $204,495 $33,470 $171,025
2015 $849 $204,495 $33,470 $171,025
2014 -- $204,495 $33,470 $171,025
Source: Public Records

Agents Affiliated with this Home

  • Linda Beck

    Seller's Agent in 2024

    Linda Beck

    Allen Tate High Point

    (336) 803-2533

    2 in this area

    320 Total Sales

    Linda Beck
    Section Image

  • T

    Buyer's Agent in 2024

    Tiffany Ellis

    Tiffany Ellis Real Estate

    1 in this area

    44 Total Sales

    Tiffany Ellis
    Section Image
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Map

Source: Triad MLS

MLS Number: 1138474

Triad MLS

APN: 7747-00-1805

North Carolina Randolph County High Point 27263

5347 Spencer Lake Rd, High Point, NC

This home is located at 5347 Spencer Lake Rd, High Point, NC 27263 since 06 April 2024 and is currently estimated at $454,582, approximately $206 per square foot. This property was built in 2003. 5347 Spencer Lake Rd is a home located in Randolph County with nearby schools including New Market Elementary School, Randleman Middle School, and Randleman High School.

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