NOT LISTED FOR SALE

614 7th St Spencer, NC 28159

Estimated Value: $237,000 - $251,000

3 Beds
2 Baths
1,737 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $115,000 $66 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,552/month

22 Days on Market

About This Home

As of December 2017

Beautifully maintained brick ranch house with a basement at a very affordable price! This house is just blocks away from the NC Transportation Museum and Historic Downtown Spencer. Enjoy the basement that includes a bedroom, a 1 car garage, a shop and a laundry room/kitchen. House sits on .66 acres and has a 1 car garage. Listing includes (2) parcels, 033 394 (empty lot) and 033 206. Part of empty lot 033 394 is in a flood plain, parcel with house IS NOT in flood plain.

Last Agent to Sell the Property

Chris Puckett

Lantern Realty & Development, LLC License #279213 Listed on: 10/09/2017

Last Buyer's Agent

Liz Tauber

Bestway Realty License #285018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.66

Parking

  • 1

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 033206

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 174242.42
  • Ratio Current Price By Sq Ft: 66.21
  • Year Built: 1951
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Garage Door
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Cooktop Electric
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Basement Shop
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 233
  • Main Level Sq Ft: 1504
  • Total Sq Ft: 1737
  • Sq Ft Unheated Basement: 150
  • Sq Ft Unheated Total: 150

Exterior Features

  • Construction: Brick Full, Cedar Shake
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimension: 100*290
  • Lot Features: Sloping
  • Lot Size Area: 0.660
  • Parcel Number: 033206
  • Plat Reference Section Pages: 1080
  • Zoning: Residential
  • Zoning Specification: R_8

Tax Info

  • Tax Value: 100547.00
  • Tax Location: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 5, 2017
Sold by
Baxter Randy Carroll and The Helen Lanell Baxter Revoca
Bought by
Sadler Dennis Ray and Sadler Vickie Hefner
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Liz Tauber
Bestway Realty
List Price
$115,000
Sold Price
$115,000
Total Days on Market
22
Current Estimated Value
$243,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,258
Avg. Annual Appreciation
10.51%
Original Mortgage
$112,917
Outstanding Balance
$95,721
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$147,537

Purchase Details

Closed on
Dec 1, 1996
Bought by
Baxter Lanell Sanders
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 Buyer Sale Price Title Company
Sadler Dennis Ray $115,000 None Available
Baxter Lanell Sanders -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadler Dennis Ray $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $115,000 0.0% $66 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $115,000 -- $66 / 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 $2,242 $198,369 $30,600 $167,769
2023 $2,242 $198,369 $30,600 $167,769
2022 $1,408 $107,281 $24,650 $82,631
2021 $1,408 $107,281 $24,650 $82,631
2020 $1,408 $107,281 $24,650 $82,631
2019 $1,408 $107,281 $24,650 $82,631
2018 $1,177 $90,687 $24,650 $66,037
2017 $1,177 $90,687 $24,650 $66,037
2016 $1,177 $90,687 $24,650 $66,037
2015 $1,195 $90,687 $24,650 $66,037
2014 $1,186 $92,773 $24,650 $68,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3327588

Canopy MLS (Canopy Realtor® Association)

APN: 033-206