NOT LISTED FOR SALE

Lot 9 Spencer Lake Dr Archdale, NC 27263

Estimated Value: $607,305 - $660,000

1.93 Acres
$326,594 Price per Acre
84,071 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $38,000

Est. 1,555% increase in value since last sale

Current estimated payment $3,730/month

38 Days on Market

About This Lot

As of March 2020

This currently 12-lot, 9-home subdivision features $200,000-plus homes in a rural setting with low county taxes. You can build your dream home on Lot 9, a 1.93-acre tract that one neighbor has called "the best lot in the subdivision." It's a beautiful area with quick access to I-85, I-74 and I-73 and is within easy driving distance to Winston-Salem, Greensboro, Asheboro and High Point. Stop by and ask the neighbors about living in Spencer Lake Downs. You'll be pleased with their response and what you see!

Last Agent to Sell the Property

Tom English

Berkshire Hathaway HomeServices Yost & Little Realty License #270207 Listed on: 11/20/2019

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Angela Brown

Price REALTORS - Archdale License #227852

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $267

Lot Details

  • 1.93 Acre Lot
  • Property is zoned RE-CU

Schools

  • Randleman Middle School
  • Randleman High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Spencer Lake Downs Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0038916
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$267

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.93
  • Subdivision Name: Spencer Lake Downs
  • Directions: From Winston-Salem, take I-40E to I-74/US 311S toward High Point. Take Exit 79 to Cedar Square Rd, left on Spencer Lake Dr; From Greensboro, take US 220S/I73S. Exit toward High Point, right on NC 625, left on Coltrane Mill, continue to Spencer Lake Drive.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: New Market
  • High School: Randleman
  • Middle Or Junior School: Randleman

Lot Info

  • Parcel #: 0038916
  • Zoning: RE-CU
  • TRIADMLS_PricePerAcre: 19689.1192
  • TRIADMLS_PlatPage: 12
  • TRIADMLS_DeedPage: 705
  • TRIADMLS_DeedBook: 2445
  • TRIADMLS_PlatBook: 84
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 267
  • Tax Lot: 9
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.7757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 4, 2020
Sold by
Espino Marcelo
Bought by
Cecil William Doc L and Cecil Tara J
Seller's Agent
Tom English
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Angela Brown
Price REALTORS - Archdale
Sold Price
$38,000
Current Estimated Value
$628,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,760
Avg. Annual Appreciation
66.81%

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 3, 2020
Sold by
Espino Marcelo
Bought by
Shultz Kevin T and Shultz Amy B
Seller's Agent
Tom English
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Angela Brown
Price REALTORS - Archdale
Sold Price
$38,000

Purchase Details

Closed on
Feb 25, 2015
Sold by
Espino Maribel and Guzman Jorge
Bought by
Espino Marcelo
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Cecil William Doc L $38,000 None Available
Shultz Kevin T -- None Available
Espino Marcelo $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecil William Doc L $60,000
Open Cecil William Doc L $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $38,000 -- --
Source: Triad MLS

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 $3,458 $531,950 $56,340 $475,610
2023 $3,458 $531,950 $56,340 $475,610
2022 $2,855 $364,810 $35,810 $329,000
2021 $2,197 $280,710 $35,810 $244,900
2020 $267 $34,370 $34,370 $0
2019 $267 $34,370 $34,370 $0
2018 $276 $34,370 $34,370 $0
2016 $268 $34,370 $34,370 $0
2015 $268 $34,370 $34,370 $0
2014 $268 $34,370 $34,370 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom English

    Seller's Agent in 2020

    Tom English

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 419-9026

    6 Total Sales

    Section Image
  • Angela Brown

    Buyer's Agent in 2020

    Angela Brown

    Price REALTORS - Archdale

    (336) 689-4559

    55 in this area

    657 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 957450

Triad MLS

APN: 7747-00-0785

North Carolina Randolph County Archdale 27263

Lot 9 Spencer Lake Dr, Archdale, NC

This home is located at Lot 9 Spencer Lake Dr, Archdale, NC 27263 since 20 November 2019 and is currently estimated at $630,326. Lot 9 Spencer Lake Dr is a home located in Randolph County with nearby schools including New Market Elementary School, Randleman Middle School, and Randleman High School.

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