For Sale $215,000
Located in Spencer near the North Carolina Transportation Museum, this 1.5 story home has been updated with new LVP flooring, new kitchen quartz countertops, cabinets, dishwasher, microwave & electric range. Newly constructed wooden deck has been installed at the rear door. New handrails installed at front porch. Fresh painting throughout the house has been done. The bathroom has been updated with a new cabinet, new countertop, faucet, lighting fixture, mirror, and toilet. The primary bedroom has a walk in closet and a storage closet. The living room has a lovely fireplace and mantle. There is another 415 sq. ft. of heated and cooled flex space upstairs that can be utilized for office, craft rooms or play rooms. Upstairs ceiling height is approximately 6'9". The partial basement has plenty of storage space. A French drain is installed in the basement where the HVAC condensate line drains. Your pet will enjoy playing in the fenced in back yard. This .23 acre lot has plenty of outdoor space for gardening. This home has been a rental and seller detected organic growth on the exterior walls of the living room, dining room, kitchen and basement. Seller had professional contractor to remediate the organic growth which included some replacement of sheetrock. Documentation is available. Permit was obtained for the wooden deck installation. Since this home utilized asbestos siding back in 1940, testing did confirm asbestos siding and on the sealant which covers the side porch roof. Seller does not intend to remove siding since there is a vinyl exterior installed over the old siding. Condition of the fireplace not known. HVAC condensate drains into french drain located in basement. Seller is a licensed real estate broker and is related to the co-listing agent. Neither agent lived in the house. The seller has done everything possible to make this house safe and in a ready to move in condition. Feel free to bring your questions and showing requests! -->Back On Market<--buyer terminated contract after inspection. Seller is investigating known repair issues discovered from inspection. Contact listing agent to obtain the information.
| List Price: | $215,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1226 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4309115 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Level |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
| Elementary: | North Rowan |
| Middle: | North Rowan |
| High: | North Rowan |
| Date | Event | Price | $/SQFT |
| 11-17-2025 | Under Contract | $215,000 | $176 |
| 11-03-2025 | Listed | $215,000 | $176 |
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.
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 |
| 702 3rd Street, Spencer NC | 0 mi | $215,000 | days | |
| 704 3rd Street, Spencer NC | 0 mi | $250,000 | days | |
| 801 3rd Street, Spencer NC | 0.1 mi | $234,900 | days | |
| 600 3rd Street, Spencer NC | 0.1 mi | $290,000 | days | |
| 602 Meadow Street, Spencer NC | 0.1 mi | $224,900 | days | |
| 606 Meadow Street, Spencer NC | 0.1 mi | $229,900 | days |
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 |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Lantern Realty & Development, LLC
702 3rd Street, Spencer NC is a 1226 ft2 on a 0.230 acres Level lot. This is for $215,000. This has 2 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2025-11-03 10:20:25 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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