Check Availability
Spencer 28144
408 S SPENCER AVE
$225,000
↓ $15K (6.3%)
House - For Sale

408 S SPENCER AVE

SPENCER, NC 28159
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1710 Sqft
$1,105
Estimated Monthly

About This Property

Beautiful Historic Home located in the Town of Spencer. Refinished hardwoods and tile flooring. Wrap around porch, detached garage and rear fenced yard. New Kitchen and Baths. Large Laundry room with half bath. Too many updates to list. Don't miss this opportunity.

The manager has listed the unit size as 1710 square feet.
Unit Size
1,710Ft²
Days on Market
85 days
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

Listed By

JANET PETROZELLE
JANET R PETROZELLE, INC
Last updated: 7 days ago (FNMA #A220BKD)

Price History

Date / Event Date Event Price
May 17, 2024 Price Decreased $225,000
↓ $15K (6.3%)
Price Decreased
May 4, 2024 Price Decreased $240,000
↓ $10K (4%)
Price Decreased
Apr 3, 2024 Price Decreased $250,000
↓ $10K (3.9%)
Price Decreased
Feb 26, 2024 Listed by Oak Leaf Properties of NC $260,000
Listed by Oak Leaf Properties of NC
Beautiful Historic Home located in the Town of Spencer. Refinished hardwoods and tile flooring. Wrap around porch, detached garage and rear fenced yard. New Kitchen and Baths. Large Laundry room with half bath. Too many updates to list. Don't miss this opportunity. The manager has listed the unit size as 1661 square feet.
Mar 14, 2008 Sold to Michael J Lowe $97,500
Sold to Michael J Lowe
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,092
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,627
  • Building Area: 1,627
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,627
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.25
  • Legal Description 1: PT L19 B13 DR. JOHN WHITEHEAD'S ADD. TO SPENCER

Ownership

  • Current Owner : LOWE MICHAEL J
  • Previous Owner : RUFTY KENNETH WAYNE
  • Previous Owner 2: RUFTY JILL RANEE
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Oct 09, 2023

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: TOWN OF SPENCER
  • Census Tract: 050700

Zoning

  • Zoning: R6:TWO FAM

Geography

  • District: 1
  • Parcel: 033 193
  • Municipality: TOWN OF SPENCER
  • Latitude: 35.6936
  • Longitude: -80.438

    Address

  • Full Address: 408 S Spencer Ave
  • Address - House Number: 408
  • Street Direction: S
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Spencer
  • Carrier Code: C002
  • 4-Digit Zip Code: 2241
  • Zip Code: 28159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,808
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 103:SPENCE

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 295,953
  • High Value: 415,815
  • Low Value: 176,090

    Market Valuation

  • Market Total Value: $159,974
  • Market Land Value: $19,000
  • Market Improvement Value: $140,974

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,974
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $140,974

    Sales

  • Current Sale Contract Date: Mar 14, 2008
  • Current Sale Recording Date: Mar 14, 2008
  • Current Sale Transaction ID: 1071047820
  • Current Sale Price: $97,500
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Sep 06, 2007
  • Previous Sale Contract Date: Aug 30, 2007
  • Previous Sale Amount: $39,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Mar 14, 2008
  • First Mortgage Loan Amount: $95,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2038

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
2 Baths
1,643 ft²
$152/ft²
$249,800 Sep 11, 2023
-
-
House
3 Beds
2 Baths
1,806 ft²
$166/ft²
$299,900 Nov 9, 2023
-
-
House
3 Beds
2 Baths
1,456 ft²
$179/ft²
$259,900 Jan 8, 2024
-
-
House
3 Beds
2.5 Baths
1,456 ft²
$185/ft²
$269,900 Jul 10, 2023
-
-
House
3 Beds
2 Baths
1,489 ft²
$144/ft²
$214,900 Nov 18, 2023
-
-
House
3 Beds
2.5 Baths
1,320 ft²
$174/ft²
$229,900 Jan 22, 2024
-
-
House
3 Beds
2.5 Baths
1,300 ft²
$181/ft²
$234,900 Feb 13, 2024
-
-
House
3 Beds
2 Baths
1,176 ft²
$204/ft²
$239,900 Feb 13, 2024
-
-
House
3 Beds
2 Baths
1,176 ft²
$200/ft²
$234,900 Feb 13, 2024
-
-
House
3 Beds
2 Baths
1,176 ft²
$200/ft²
$234,900 Feb 13, 2024
-
-
House
5 Beds
4 Baths
2,522 ft²
$122/ft²
$307,998 Feb 22, 2024
-
-

About Spencer


Similar Homes for Sale

Unit for sale at 606 South Carolina Avenue, Spencer, NC 28159

$307,998

  • 5 Beds
  • 4 Baths
  • 2,522 ft²
606 South Carolina Avenue, Spencer, NC 28159 Listing by Adam Travers
Unit for sale at 4 South Whitehead Avenue, Spencer, NC 28159

$234,900

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4 South Whitehead Avenue, Spencer, NC 28159 Listing by Emory Keen
Unit for sale at 3 South Whitehead Avenue, Spencer, NC 28159

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3 South Whitehead Avenue, Spencer, NC 28159 Listing by Emory Keen

Nearby Rentals

Unit for rent at 706 Third St, Spencer, NC, 28159

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
706 Third St, Spencer, NC, 28159 Listing by Manager


Frequently Asked Questions

When was property at 408 South Spencer Avenue built and last sold?
The property at 408 South Spencer Avenue was built in 1994 and last sold on Mar 14, 2008 for $97,500.
How much is this home worth?
The estimated value of the home located at 408 South Spencer Avenue is $260,257.
What are some comparable homes to 408 South Spencer Avenue?
Homes that are comparable to 408 South Spencer Avenue include a house property at 409 South Rowan Avenue, 914 2nd Street, 501 7th Street.

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