$375,000
SOLD FEB 4, 2025

5745 Spence Farm Rd Holly Springs, NC 27540

3 Beds
2.5 Baths
2,126 Sq Ft
0.7 Acres

Recently Sold

$176 Per Sq Ft

21% Below List Price

144 Days on Market

Highlights

  • 0.7 Acre Lot
  • Traditional Architecture
  • Bonus Room
  • Buckhorn Creek Elementary Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2025

Come see this lovely home with no HOA! Lots of hardwoods, kitchen has tons of cabinets for storage and island for extra working space when cooking and entertaining. Formal dining room for family at the holidays and large breakfast area for enjoying your morning coffee. Cathedral ceiling in master bedroom. Garden tub, double vanity, separate shower. Large bonus room. Huge, fenced yard with nice deck. Large 2 car garage and nice size lot. A must see!!

Last Agent to Sell the Property

Rhonda Kosor

Mark Spain Real Estate License #221089 Listed on: 08/30/2024

Mark Spain Real Estate

Last Buyer's Agent

Jennifer Harrell

Mark Spain Real Estate License #349864

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1998

Lot Details

  • 0.7 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2,126 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Unfinished Attic

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Lincoln Height Elementary School
  • Fuquay Varina Middle School
  • Fuquay Varina High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number l01 Minor

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,797

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2126.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Water Available: Yes
  • Roof:Shingle: Yes
  • Common Walls No One Above: Yes
  • General Property Information Above Grade Finished Area: 2126.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Second
  • Room Types Laundry2: Yes
  • Utilities Septic Available: Yes
  • General Property Information Lot Size Square Feet2: 30492.0
  • General Property Information Lot Size Acres: 0.7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range, Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Community Features:None3: Yes
  • Appliances:Ice Maker: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Other
  • Fencing: None
  • Acres: 0.7
  • Disclosures: Seller Disclosure
  • Common Walls: No One Above
  • Construction Type: Other
  • Foundation Details: Other
  • Patio And Porch Features: None
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Other8: Yes
  • Patio And Porch Features:None18: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Concrete, Garage Faces Side
  • Total Parking Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Septic Available, Water Available
  • Heating: Heat Pump
  • Cooling: Central Air, Dual, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Horse Amenities:None11: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 30492.0
  • ResoLotSizeUnits: Acres
  • Parcel #: l01 Minor
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Lincoln Height

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jun 26, 2025
Sold by
Solo Investments Llc
Bought by
Waynick Austin and Greenwell Jessica
Seller's Agent
Rhonda Kosor
Mark Spain Real Estate
Buyer's Agent
Christopher Horne
EXP Realty LLC
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$380,000
Outstanding Balance
$380,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$98,346

Purchase Details

Listed on
Aug 30, 2024
Closed on
Jan 23, 2025
Sold by
Purchasing Fund 2024-1 Llc
Bought by
Solo Investments Llc
Seller's Agent
Rhonda Kosor
Mark Spain Real Estate
Buyer's Agent
Jennifer Harrell
Mark Spain Real Estate
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%
Views
513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.56%

Purchase Details

Closed on
Jul 25, 2024
Sold by
Snow Glenda G
Bought by
Purchasing Fund 2024-1 Llc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Schreiber Christopher and Alli Neelma
Bought by
Snow Glenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Slone John and Slone Angela Renee
Bought by
Schreiber Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,500
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1999
Sold by
Wood Scott Christopher
Bought by
Slone John and Slone Angela Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,350
Interest Rate
6.79%
Source: Public Records

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Range of Values:

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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 $475,000 None Listed On Document
Warranty Deed $475,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Warranty Deed $409,500 None Listed On Document
Warranty Deed $199,000 None Available
Warranty Deed $173,000 None Available
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Closed $380,000 New Conventional
Previous Owner $159,000 Purchase Money Mortgage
Previous Owner $170,500 FHA
Previous Owner $15,000 Credit Line Revolving
Previous Owner $179,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $475,000 -2.9% $223 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $489,000 -2.0% $230 / Sq Ft
05/16/2025 05/16/25 Price Changed $499,000 -2.0% $235 / Sq Ft
05/02/2025 05/02/25 Price Changed $509,000 -5.6% $239 / Sq Ft
04/16/2025 04/16/25 Price Changed $539,000 -2.0% $254 / Sq Ft
04/03/2025 04/03/25 For Sale $550,000 +46.7% $259 / Sq Ft
02/04/2025 02/04/25 Sold $375,000 -6.3% $176 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $400,000 -2.4% $188 / Sq Ft
12/13/2024 12/13/24 Price Changed $409,900 -1.2% $193 / Sq Ft
11/21/2024 11/21/24 Price Changed $414,900 -1.2% $195 / Sq Ft
11/08/2024 11/08/24 Price Changed $419,900 -2.2% $198 / Sq Ft
10/24/2024 10/24/24 Price Changed $429,500 -2.3% $202 / Sq Ft
10/10/2024 10/10/24 Price Changed $439,500 -2.2% $207 / Sq Ft
09/23/2024 09/23/24 Price Changed $449,500 -2.3% $211 / Sq Ft
09/12/2024 09/12/24 Price Changed $460,000 -3.2% $216 / Sq Ft
08/30/2024 08/30/24 For Sale $475,000 0.0% $223 / Sq Ft
08/21/2024 08/21/24 Price Changed $475,000 -- $223 / Sq Ft
Source: Doorify 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 $2,797 $447,253 $110,000 $337,253
2023 $2,176 $276,468 $36,000 $240,468
2022 $2,017 $276,468 $36,000 $240,468
2021 $1,963 $276,468 $36,000 $240,468
2020 $1,930 $276,468 $36,000 $240,468
2019 $1,867 $226,132 $40,000 $186,132
2018 $1,717 $226,132 $40,000 $186,132
2017 $1,628 $226,132 $40,000 $186,132
2016 $1,595 $226,132 $40,000 $186,132
2015 $1,575 $223,880 $40,000 $183,880
2014 $1,493 $223,880 $40,000 $183,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10047969

Doorify MLS

APN: 0647.02-76-6264-000