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$199,000

Beds
2
Baths
1.0
sq ft
1,433

510 5th Street, Spencer, NC 28159

510 5th Street

Spencer, NC 28159

  • 141 days on market
    • Price drop $16,000↓
Step into the enchanting past with this meticulously preserved 1920s Arts and Crafts style home in Spencer. This two-bedroom residence offers a rare opportunity to own a piece of local heritage. The home features original hardwood floors and a comfortable living room. The updated kitchen blends modern convenience with craftsmanship, boasting white cabinetry. Two serene bedrooms offer peaceful retreats with original built-ins. Outside, a huge ard space is ideal for enjoying this home and Spencer's tranquil surroundings. Nearby attractions include the railroad museum, adding to Spencer's rich history. Modern upgrades ensure comfort and efficiency while preserving historic charm. Don't miss the chance to own this piece of Spencer's history. Schedule a showing today and embrace the timeless allure of this Arts and Crafts gem.

Details

Property type

Single Family Residence

Est. home value

$175,640

Lot size

Unknown

Price per sq ft

$139

Year built

1920

Price History

09/19/2024
CanopyMLS

CanopyMLS #4152350

Price change
$199,000
-7.44%
08/23/2024
CanopyMLS

CanopyMLS #4152350

Price change
$215,000
-4.44%
08/13/2024
CanopyMLS

CanopyMLS #4152350

Listed
$225,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$36,907
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$146,173
Cash to seller
$36,907

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2022

Original loan amount

$150,950

Est. remaining balance

$146,173

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Vincent C Medina

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 3:40 PM

Listing updated: 09/24/2024 at 9:21 PM

Listed by: Dave McCrostie, ERA Live Moore Phone #: (704) 393-0048

MLS: CanopyMLS #4152350

CanopyMLS logo

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