$1,745,000

703 Lake Ave Spring Lake, NC 28390

Estimated payment $9,779/month

Total Views 3,174
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Nice community of 11 brick duplexes. In total 22 two bedroom one bathroom units. All buildings are adjoining and border Spring Lake Middle School and are located on a dead end street with a nice neighborhood feel. All have metal roofs and the 10 other duplexes are 112A/B, 113A/B, 114A/B, 115A/B, 116A/B, 117A/B, 118A/B, 119A/B, 120A/B and 121A/B Calvin Street. 6 units are currently vacant 2 of the 6 are fully rehabbed and rent ready, 4 of the 6 need rehab. Current rents range from $600 to $1000. market rents for rehabbed units is $995.There are 11 tax parcels listed a a package deal.

Listing Agent

Steve Hogan (addingham)

GRANT-MURRAY REAL ESTATE LLC. License #214644 Listed on: 06/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,687

Home Design

  • Ranch Style House
  • Brick Veneer
  • Frame Construction

Community Details

  • Spring Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0501-95-9909

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,687

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: Spring Lake
  • Architectural Style Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Exterior Features

  • Construction Type: Brick Veneer, Frame
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Frame: Yes

Lot Info

  • Parcel #: 0501-95-9909

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

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 $1,687 $67,468 $3,250 $64,218
2023 $1,687 $67,468 $3,250 $64,218
2022 $1,446 $67,468 $3,250 $64,218
2021 $1,446 $67,468 $3,250 $64,218
2019 $1,388 $53,300 $3,250 $50,050
2018 $1,388 $53,300 $3,250 $50,050
2017 $1,388 $53,300 $3,250 $50,050
2016 $1,449 $59,700 $3,250 $56,450
2015 $1,449 $59,700 $3,250 $56,450
2014 $1,449 $59,700 $3,250 $56,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,745,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $39,545 Commercial
Closed $39,550 Commercial
Source: Public Records

Source: Doorify MLS

MLS Number: LP745879

Doorify MLS

APN: 0501-95-9909