509 5th Street, Spencer NC
- 3 Bed
- 2 Bath
- 1608 ft2
- 0.2 ac
For Sale $129,900
Remarks:
Welcome to this 3-bedroom, 1.5-bathroom gem nestled in the heart of the city. This home is brimming with character and ready for you to make it your own! Step inside to discover high ceilings and wood floors throughout the living room, dining room, and sitting room—just waiting to be refinished to their original glory. The roomy front porch is perfect for sipping your morning coffee, while the screened-in back porch offers a peaceful retreat overlooking the fenced-in backyard. Whether you're hosting a barbecue or enjoying a quiet evening, the outdoor spaces are sure to impress. This home is close to the NC Transportation Museum and downtown Spenser. The home features natural gas heat, ensuring warmth and efficiency during the colder months. The detached garage provides ample storage or workshop potential, and the home's layout offers plenty of flexibility to suit your needs. While this home does need some TLC, it’s being sold AS-IS, making it a fantastic opportunity to add your personal touch and create the home of your dreams. Don’t miss out on this chance to own a home with so much potential in a prime city location. Schedule your showing today and start envisioning the possibilities!
Interior Features:
Pantry
General Information:
| List Price: | $129,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1608 sqft |
| Parking: | Driveway, Detached Garage, On Street |
| MLS Number: | CAR4318636 |
| Subdivision: | None |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Cleared |
| Year Built: | 1922 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | North Rowan |
| Middle: | North Rowan |
| High: | North Rowan |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 12-30-2025 | Price Decrease | $129,900-3.71% | $81 |
| 12-19-2025 | Price Decrease | $134,900-3.57% | $84 |
| 12-12-2025 | Price Decrease | $139,900-5.41% | $88 |
| 12-05-2025 | Price Decrease | $147,900-0.67% | $92 |
| 11-27-2025 | Price Decrease | $148,900-0.67% | $93 |
| 11-23-2025 | Price Decrease | $149,900-6.25% | $94 |
| 11-14-2025 | Listed | $159,900 | $100 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| North Rowan Elementary School | 1 miles | PK-05 | 1 |
| Elizabeth Hanford Dole Elementary School | 2 miles | PK-05 | 1 |
| Carroll T Overton Elementary School | 2 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Elizabeth Duncan Koontz Elementary School | 6 miles | KG-05 | 1 |
| Granite Quarry Elementary School | 6 miles | PK-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 509 5th Street, Spencer NC | 0 mi | $129,900 | days | |
| 419 Spencer Avenue, Spencer NC | 0 mi | $287,000 | days | |
| 510 5th Street, Spencer NC | 0 mi | $169,500 | days | |
| 422 Iredell Avenue, Spencer NC | 0 mi | $239,900 | days | |
| 500 7th Street, Spencer NC | 0.1 mi | $129,900 | days | |
| 613 5th Street, Spencer NC | 0.1 mi | $185,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28159
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Occupancy Types |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Coldwell Banker- CK Select
509 5th Street, Spencer NC is a 1608 ft2 on a 0.170 acres lot. This is for $129,900. This has 3 bedrooms, 2 baths, and was built in 1922.
Based on information submitted to the MLS GRID as of 2025-11-14 12:00:07 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
