111 8th St, Spencer, NC, 28159

$99,000

Home List Price

$1,176*

Closing Credit

3 Bedrooms
1 Full Bath
1,258 SqFt
$79/SqFt
House

Location

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111 8th St, Spencer$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1900
HeatingCentral
CoolingCentral Air
MLS #4167206
StatusActive

About 111 8th St

Get ready for an excellent investment opportunity! This charming 2-bedroom, 1-bath home, built in 1900 per Rowan County Tax Card, is on a corner lot and features large rooms and a covered front porch. Perfect for first-time homebuyers looking to renovate or an investor's dream, this property is sold AS-IS with no repairs. The vacant home will not qualify for FHA financing—cash or conventional only. Current 90 day repaired value is +/- $200,000.00

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,258 SqFt

Listing Office:

  • Office Name: NorthGroup Real Estate LLC
  • Office Email: rob@thenancoteam.com

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • North Rowan High School, Public District Grades 9-12
  • Rowan County Early College, Public District Grades 9-12
  • North Rowan Middle School, Public District Grades 6-8
  • North Rowan Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $632
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spencer, NC.

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Spencer, NC

City

Med. Sold Price

$233.4K

Med. Price/SqFt

$152

Avg. Days On Market

25

# of Sold Homes

10

111 8th St vs Spencer

89 DAYS ON ROCKET

+64 Days

$99,000

-$134.4K Less

$79/SqFt

-$74 Less

KEY TAKEAWAY

This property is $134.4K less than the Median Sold Price and $74/SqFt less than other homes in Spencer, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4167206

Listing Office:

  • Office Name: NorthGroup Real Estate LLC
  • Office Email: rob@thenancoteam.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 8:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$632$48,150
2019$631$48,150
2018$608$46,894
2017$609$46,894

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-852627
1
/10

  • North Rowan Elementary School

  • 600 Charles St

  • 1.23 miles

  • Public District Grades PK-5

Middle School

school-card-donut-852628
1
/10

  • North Rowan Middle School

  • 512 Charles St

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-852629
3
/10

  • North Rowan High School

  • 300 N Whitehead Ave

  • 0.87 miles

  • Public District Grades 9-12

school-card-donut-852630
8
/10

  • Rowan County Early College

  • 1333 Jake Alexander Blvd S

  • 4.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,267. Most Spencer, NC residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 8th St

What is the listing price of this property?

The listing price of 111 8th St property is $99,000.

What type of property is this?

The property 111 8th St is a house located in Spencer, North Carolina, 28159.

Is this property for sale now?

Active Listing: 111 8th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 111 8th St are:
North Rowan Elementary School: GreatSchools Rating 1/10
North Rowan Middle School: GreatSchools Rating 1/10
North Rowan High School: GreatSchools Rating 3/10
Rowan County Early College: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $632 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 111 8th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 111 8th St is 1,258 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 111 8th St is 1900.

Rocket Homes›North Carolina›Rowan County›Spencer›28159›111 8th St

This home is located at 111 8th St in Spencer, NC and zip code 28159. This 1,258 square foot home was built in 1900. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $99,000.

Over 2 listings were sold over their listed price in September 2024 in Spencer, NC. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Spencer, NC decreased by 14% between August 2024 and September 2024. While the average time on the market in September 2024 was 25 days, the median list price was $233,445.

From Rocket Homes Real Estate and based on county public records data.

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