NOT LISTED FOR SALE

704 3rd St Spencer, NC 28159

4 Beds
2 Baths
1,756 Sq Ft
10,019 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $225,000 $128 Per Sq Ft

48 Days on Market

Highlights

  • Wooded Lot
  • 5 Car Detached Garage
  • Living Room
  • Wood Flooring
  • Front Porch
  • Laundry Room

About This Home

As of May 2022

Beautifully renovated duplex that is vacant and ready for the prefect buyer! Must see to appreciate. Great opportunity for an investor!! The major components are NEW: NEW LVP flooring (rest of flooring is original hardwoods!), NEW electrical panels, NEW windows, NEW fresh paint, and NEW appliances. NEW roof in 2021, NEW HVAC in 2021. Spacious units that boast 2 bedrooms/1 bath in each. Washer/Dryer hookups in the basement of both units. Furnace is located in the basement of each unit. Nice, large, level lot with plenty of parking. Large double car garage (with no doors). Prior to 2019, each unit was rented for $700/mo. Owner was told by property management company that each unit can rent for $1250/month in this market! Don't let this one slip away! Take advantage of this opportunity!

Last Agent to Sell the Property

Meredith Sawtell

Keller Williams South Park License #325821 Listed on: 04/08/2022

Keller Williams South Park

Co-Listed By

Joe Casey

Casey Real Estate, Inc. License #200234

Last Buyer's Agent

Leslie Snipe

David Hoffman Realty License #275252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 60 x 170 x 60 x 170
  • Level Lot
  • Wooded Lot

Parking

  • 5 Car Detached Garage

Home Design

  • Duplex
  • Asbestos

Interior Spaces

  • 1,756 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Additional Features

  • Front Porch
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, garbage pick-up, gas, water, all utilities
  • Assessor Parcel Number 033285

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1950
  • Ratio Current Price By Acre: 978260.87
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Vinyl, Wood, See Remarks
  • Fixture Exception Yn: 0
  • Sq Ft Unheated Basement: 80
  • Porch: Front
  • Room Other: Bathroom(s),Bedroom(s),Kitchen,Living Room
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1756
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 878
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 878

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Spencer
  • Construction Type: Site Built
  • Property Features: Porch/Patio,Range/Oven,Refrigerator,W/D Connection
  • Waterfront Features: None
  • Construction Type: Asbestos

Garage/Parking

  • Total Parking Spaces: 5
  • Main Level Garage YN: 1
  • Parking Features: Detached, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 033285
  • Plat Reference Section Pages: Bk 4
  • Lot Size: 60 x 170 x 60 x 170
  • Zoning Description: Duplex

Rental Info

  • Rent Includes: None
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Garbage Pick-up, Gas, Water, All Utilities
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 3.25837

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $225,000 0.0% $128 / Sq Ft
04/08/2022 04/08/22 For Sale $225,000 -- $128 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,002 $177,194 $19,000 $158,194
2024 $2,002 $177,194 $19,000 $158,194
2023 $2,002 $177,194 $19,000 $158,194
2022 $906 $69,053 $16,000 $53,053
2021 $906 $69,053 $16,000 $53,053
2020 $906 $69,053 $16,000 $53,053
2019 $906 $69,053 $16,000 $53,053
2018 $842 $64,859 $16,000 $48,859
2017 $842 $64,859 $16,000 $48,859
2016 $842 $64,859 $16,000 $48,859
2015 $855 $64,859 $16,000 $48,859
2014 $834 $65,254 $14,500 $50,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3844032

Canopy MLS (Canopy Realtor® Association)

APN: 033 285

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