NOT LISTED FOR SALE

702 5th St Spencer, NC 28159

Estimated Value: $152,000 - $208,000

2 Beds
1 Bath
1,180 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $196,000 $166 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,172/month

70 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Vinyl Flooring
  • Patio
  • Central Heating and Cooling System

About This Home

As of November 2023

1920's home with a full covered front porch, located in the Town of Spencer. This beautifully updated home retains its classic character. You will find a renovated interior, featuring new flooring throughout. The kitchen has been fully updated, including cabinets, granite countertops, and appliances. The bathroom has also been remodeled. Enjoy new electric central heat and air system. The windows and doors have been replaced, providing energy efficiency. The laundry room adds convenience between the kitchen and bathroom. Outside, offers a rear concrete patio, and a gravel parking pad off rear alley and front street parking offering ample parking spaces. Low-maintenance vinyl siding exterior. Don't miss the opportunity to make this updated residence your own. Embrace the charm of the past with modern conveniences.

Last Agent to Sell the Property

Janet Petrozelle

Oak Leaf Properties of NC Brokerage Email: janet@oakleafproperties.com License #165143 Listed on: 08/08/2023

Last Buyer's Agent

Jonathan Winn

Keller Williams Connected License #129673

Keller Williams Connected

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1920

Lot Details

  • Back Yard Fenced
  • Cleared Lot
  • Property is zoned R8

Home Design

  • Ranch Style House
  • Asbestos Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Insulated Windows
  • Living Room with Fireplace
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 033151

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1920
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.10
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1180
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 1180
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1180
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Asbestos Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 033151
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Trustee Services Of Carolina Llc
Bought by
Federal National Mortgage Association
Current Estimated Value
$190,393

Purchase Details

Closed on
Oct 28, 1998
Bought by
Smith Richard Adron
Source: Public Records

Range of Values:

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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
Federal National Mortgage Association $33,456,720 Brock & Scott Pllc
Smith Richard Adron $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $196,000 -2.0% $166 / Sq Ft
10/09/2023 10/09/23 Price Changed $200,000 -4.3% $169 / Sq Ft
09/07/2023 09/07/23 Price Changed $209,000 -5.0% $177 / Sq Ft
08/08/2023 08/08/23 For Sale $220,000 -- $186 / 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 $1,607 $142,176 $18,000 $124,176
2024 $1,607 $142,176 $18,000 $124,176
2023 $1,334 $118,043 $18,000 $100,043
2022 $734 $55,889 $14,500 $41,389
2021 $734 $55,889 $14,500 $41,389
2020 $734 $55,889 $14,500 $41,389
2019 $734 $55,889 $14,500 $41,389
2018 $681 $52,437 $14,500 $37,937
2017 $681 $52,437 $14,500 $37,937
2016 $681 $52,437 $14,500 $37,937
2015 $691 $52,437 $14,500 $37,937
2014 $739 $57,836 $14,500 $43,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4058311

Canopy MLS (Canopy Realtor® Association)

APN: 033-151