Seller's Agent in 2023
Greg Rapp
Salisbury Real Estate LLC
(704) 213-6846
17 in this area
78 Total Sales
701 5th St Spencer, NC 28159
Estimated Value: $177,000 - $265,826
3
Beds
2
Baths
1,304
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- 1 Car Detached Garage
- Arts and Crafts Architecture
- No HOA
- Front Porch
About This Home
As of March 2023This circa 1925 Craftsman sports an open floor plan with 3 bedrooms and 2 bathrooms. New kitchen with quartz countertops, new bathrooms with new tile, carpet, flooring, and paint throughout. Handsome kitchen with island cart and refrigerator that will convey. Spacious combo living/dining room features an array of sunny windows and original mantel. Large laundry room/mudroom leads to 12x36 deck. Home was previously updated with a roof and replacement windows prior to current owner's purchase. Great corner lot with fenced rear yard and oversized 1-car garage. Trees on property are flowering ornamentals that will pop this spring! Home had licensed professionals perform electrical and plumbing. Super-nice turnkey home in a quiet neighborhood location with woods behind the home. Close to Spencer and Salisbury Downtown areas. Close to I-85 and NC Transportation Museum. 3-D walk-through and layout of house can be viewed here: copy and paste
https://my.matterport.com/show/?m=cZDWfBi2tSx
Last Agent to Sell the Property
Salisbury Real Estate LLC License #210485 Listed on: 01/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,307
Year Built
- Built in 1925
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50x145
- Fenced
- Corner Lot
- Property is zoned R8
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
- 2 Open Parking Spaces
Home Design
- Arts and Crafts Architecture
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,304 Sq Ft Home
- 1-Story Property
- Crawl Space
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Front Porch
Schools
- North Rowan Elementary And Middle School
- North Rowan High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 033136
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2022
Sold by
Suburban Property Management Llc
Bought by
Wood William A
Total Days on Market
22
Current Estimated Value
Purchase Details
Listed on
Jan 26, 2018
Closed on
Mar 12, 2018
Sold by
Secretary Of Housing And Urban Develop
Bought by
Suburban Property Management Llc
Seller's Agent
Grace Cunningham
RE/MAX Properties Plus, Inc
List Price
$45,500
Sold Price
$41,650
Premium/Discount to List
-$3,850
-8.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.68%
Purchase Details
Closed on
Mar 27, 2017
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing And Urban Devel
Purchase Details
Closed on
Dec 15, 2016
Sold by
Myers Ashley Wayne and Myers Tweena Greene
Bought by
Citimortgage Inc
Purchase Details
Closed on
Dec 8, 2006
Sold by
Flowers Realty Group Inc
Bought by
Myers Ashley Wayne and Myers Tweena Greene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
10.99%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 27, 2006
Sold by
Wells Fargo Bank Na
Bought by
Flowers Realty Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 2005
Sold by
Owens George R and Owens Jeanette L
Bought by
Wells Fargo Bank Minnesota Na
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wood William A | $60,000 | Overbey Jon | |
| Suburban Property Management Llc | -- | None Available | |
| The Secretary Of Housing And Urban Devel | -- | None Available | |
| Citimortgage Inc | $32,000 | None Available | |
| Myers Ashley Wayne | $86,000 | None Available | |
| Flowers Realty Group Inc | $20,000 | None Available | |
| Wells Fargo Bank Minnesota Na | $24,160 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wooded Properties And Construc | $220,000 | |
| Previous Owner | Myers Ashley Wayne | $93,532 | |
| Previous Owner | Myers Ashley Wayne | $86,000 | |
| Previous Owner | Flowers Realty Group Inc | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2023 03/10/23 | Sold | $230,000 | -2.1% | $176 / Sq Ft |
| 01/12/2023 01/12/23 | For Sale | $234,900 | +464.0% | $180 / Sq Ft |
| 03/16/2018 03/16/18 | Sold | $41,650 | -8.5% | $42 / Sq Ft |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 01/26/2018 01/26/18 | For Sale | $45,500 | -- | $46 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,307 | $115,681 | $18,000 | $97,681 |
| 2024 | $1,307 | $115,681 | $18,000 | $97,681 |
| 2023 | $1,307 | $115,681 | $18,000 | $97,681 |
| 2022 | $806 | $61,433 | $14,500 | $46,933 |
| 2021 | $806 | $61,433 | $14,500 | $46,933 |
| 2020 | $806 | $61,433 | $14,500 | $46,933 |
| 2019 | $806 | $61,433 | $14,500 | $46,933 |
| 2018 | $779 | $60,035 | $14,500 | $45,535 |
| 2017 | $1,148 | $60,035 | $14,500 | $45,535 |
| 2016 | $779 | $60,035 | $14,500 | $45,535 |
| 2015 | $791 | $60,035 | $14,500 | $45,535 |
| 2014 | $853 | $66,726 | $14,500 | $52,226 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Sarah Coltrane
Three Realty Group, LLC
(336) 964-1612
1 in this area
53 Total Sales
-
Seller's Agent in 2018
Grace Cunningham
RE/MAX
(704) 929-5726
179 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3934616
APN: 033-136
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes