See Home Value
Spencer 28144
509 3rd Street
$252,000 - $306,000
House - Off Market

509 3rd Street

Spencer, NC 28159
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1736 Sqft
Sold May 04, 2022
$70,000
Sold Mar 12, 1991
$46,500

About This Property

**Back on the market at no fault of seller - Buyer financing fell through.** This charming Spencer home is renovated and ready for a new owner! The covered front porch is inviting and has a nice swing and room for rockers. As you step inside, you'll notice the vintage fireplaces, high ceilings, beautiful hardwood floors, and neutral colors. The front 2 bedrooms are connected by a hallway with a custom cedar plank ceiling that opens up to a flex space perfect for a study, den, office, or an additional bedroom. The spacious kitchen and dining room are updated with white cabinets, granite countertops, open shelving, and accented by matte black finishes. Walking into the primary bedroom will be like walking into a retreat with a vaulted, cedar plank ceiling and a beautifully designed en-suite including a walk-in, tiled shower, a dual vanity, and trendy tile. Conveniently located just a half mile from the N.C. Transportation Museum and Downtown Spencer. Schedule your showing!

The manager has listed the unit size as 1736 square feet.
Unit Size
1,736Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Jun 10, 2024 No longer available -
No longer available
May 3, 2024 In contract -
In contract
Apr 27, 2024 Relisted $279,900
Relisted
Mar 26, 2024 In contract -
In contract
Mar 13, 2024 Listed $279,900
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1997
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLDE MILL
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 11 BLK 7 DR. JOHN WHITEHEAD'S ADDT. TO SPENCER

Ownership

  • Current Owner : SELL FAST CHARLOTTE LLC
  • Previous Owner : PADGETT JOE D
  • Previous Owner 2: PADGETT VICKI J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 09, 2023

Neighborhood

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

Geography

  • Parcel: 033 259
  • Block: 7
  • Municipality: TOWN OF SPENCER
  • Latitude: 35.6936
  • Longitude: -80.4352

    Address

  • Full Address: 509 3rd St
  • Address - House Number: 509
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NC
  • City Name: Spencer
  • Carrier Code: C002
  • 4-Digit Zip Code: 2338
  • Zip Code: 28159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,510
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 103:SPENCE

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 275,027
  • High Value: 386,414
  • Low Value: 163,639

    Market Valuation

  • Market Total Value: $133,670
  • Market Land Value: $19,000
  • Market Improvement Value: $114,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,670
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $114,670

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11886754238
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 12, 1991
  • Previous Sale Contract Date: Mar 12, 1991
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUPTON PROPERTIES LLC
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $141,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,696 ft²
$163/ft²
$277,000 Apr 7, 2024
-
-
House
3 Beds
2 Baths
1,806 ft²
$166/ft²
$299,900 Nov 9, 2023
-
-
House
3 Beds
2 Baths
1,623 ft²
$163/ft²
$264,900 Apr 16, 2024
-
-
In Contract
House
3 Beds
2.5 Baths
1,456 ft²
$185/ft²
$269,900 Jul 10, 2023
-
-
House
3 Beds
2 Baths
2,053 ft²
$131/ft²
$269,900 Mar 30, 2024
-
-
House
3 Beds
2 Baths
1,914 ft²
$159/ft²
$305,000 Nov 25, 2023
-
-
House
3 Beds
2 Baths
1,337 ft²
$197/ft²
$263,000 Apr 5, 2024
-
-
House
3 Beds
2 Baths
1,337 ft²
$197/ft²
$263,000 Apr 5, 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
2 Beds
1.5 Baths
1,710 ft²
$140/ft²
$240,000 Feb 28, 2024
-
-

About Spencer


Similar Homes for Sale

Unit for sale at 408 South Spencer Avenue, SPENCER, NC 28159

$240,000

  • 2 Beds
  • 1.5 Baths
  • 1,710 ft²
408 South Spencer Avenue, SPENCER, NC 28159 Listing by JANET PETROZELLE
Unit for sale at 4 South Whitehead Avenue, Spencer, NC 28159

$234,900

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
4 South Whitehead Avenue, Spencer, NC 28159 Listing by Geoff Stafford
Unit for sale at 2 South Whitehead Avenue, Spencer, NC 28159

$239,900

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
2 South Whitehead Avenue, Spencer, NC 28159 Listing by Geoff Stafford

Nearby Rentals

Unit for rent at 221 4th St, Spencer, NC, 28159

$1,700 /mo

  • 2 Beds
  • 1 Bath
221 4th St, Spencer, NC, 28159 Listing by Manager


Frequently Asked Questions

When was property at 509 3rd Street built and last sold?
The property at 509 3rd Street was built in 1940 and last sold on May 4, 2022 for $70,000.
How much is this home worth?
The estimated value of the home located at 509 3rd Street is $283,792.
What are some comparable homes to 509 3rd Street?
Homes that are comparable to 509 3rd Street include a house property at 208 South Rowan Avenue, 409 South Rowan Avenue, 600 3rd Street.

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