314 Spence St
Burlington, NC 27217
3 bd 2 ba 1,243 sqft Built 1947 Lot 10,454 sqft single_family
Most recent sale
$125,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $125,000 | MLS #2460726 |
| Jul 8, 2022 | Listed | $135,000 | MLS #1076344 |
| Jul 7, 2022 | Listed | $135,000 | MLS #2460726 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $127,920 | $21,500 | $149,420 | $1,453 |
| 2024 | $127,920 | $21,500 | $149,420 | $1,416 |
| 2023 | $127,920 | $21,500 | $149,420 | $1,361 |
| 2022 | $53,301 | $20,000 | $73,301 | $909 |
| 2021 | $53,301 | $20,000 | $73,301 | $917 |
| 2020 | $53,301 | $20,000 | $73,301 | $922 |
| 2019 | $53,301 | $20,000 | $73,301 | $927 |
| 2018 | $53,301 | $20,000 | $73,301 | $976 |
| 2017 | $71,455 | $20,000 | $91,455 | $1,077 |
| 2016 | $72,922 | $20,000 | $92,922 | $1,078 |
| 2015 | $72,922 | $20,000 | $92,922 | $536 |
| 2014 | $72,922 | $20,000 | $92,922 | $492 |
| 2013 | $72,922 | $20,000 | $92,922 | $502 |
| 2012 | $72,922 | $20,000 | $92,922 | $481 |
| 2011 | $72,922 | $20,000 | $92,922 | $483 |
| 2010 | $72,922 | $20,000 | $92,922 | $483 |
| 2009 | $72,922 | $20,000 | $92,922 | $483 |
| 2007 | $56,581 | $9,750 | $66,331 | $384 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,243 sqft
Lot size
10,454 sqft
ZIP code
27217
City
Burlington
Street
Spence St
Coordinates
36.10685, -79.44915
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 314 Spence St last sell?
314 Spence St most recently sold on Aug 12, 2022 for $125,000.
What is the current tax assessment for 314 Spence St?
The most recent total assessment for 314 Spence St (year 2025) is $149,420 with $1,453 in property tax.
How does 314 Spence St's assessment compare to its last sale price?
The current assessment is 19.5% above the last sale price of $125,000.
When was 314 Spence St built?
314 Spence St was built in 1947.
How does 314 Spence St compare to others on Spence St?
We track 8 other properties on Spence St. Browse the list under "Other properties on Spence St" to compare beds, baths, and sale history.
What are the property facts for 314 Spence St?
314 Spence St is a 3 bed, 2 bath, 1,243 sqft, 10,454 sqft lot single_family.
Is 314 Spence St a flip candidate?
No — 314 Spence St does not appear in our flips dataset.
Is 314 Spence St a tax-appeal candidate?
Yes — 314 Spence St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$296.3K
2026 Q4
$304K
ZIP 27217 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spence St