1940 Spruce St
Fayetteville, NC 28303
2 bd 1 ba 890 sqft Built 1950 single_family
Most recent sale
$117,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 14, 2025 | Listing removed | $1,175 | LongleafPineRealtors |
| Jul 25, 2025 | Listed for rent | $1,175 | LongleafPineRealtors |
| Jul 22, 2025 | Listed for rent | $1,175 | TenantTurner |
| May 25, 2022 | Listed for rent | $1,150 | DoorifyMLS |
| Apr 22, 2022 | Sold | $117,000 | Public Record |
| Feb 23, 2022 | Listed | $115,000 | MLS #678338 |
| Jun 1, 1993 | Sold | $42,000 | Public Record |
| Aug 1, 1985 | Sold | $31,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $41,951 | $40,000 | $81,951 | $1,867 |
| 2024 | $31,576 | $18,000 | $49,576 | $1,171 |
| 2023 | $31,576 | $18,000 | $49,576 | $1,092 |
| 2022 | $27,456 | $18,000 | $45,456 | $891 |
| 2021 | $27,456 | $18,000 | $45,456 | $892 |
| 2020 | $27,456 | $18,000 | $45,456 | $892 |
| 2019 | $23,500 | $18,000 | $41,500 | $857 |
| 2018 | $23,500 | $18,000 | $41,500 | $856 |
| 2017 | $23,500 | $18,000 | $41,500 | $754 |
| 2016 | $29,900 | $18,000 | $47,900 | $731 |
| 2015 | $29,900 | $18,000 | $47,900 | $724 |
| 2014 | $29,500 | $18,000 | $47,500 | $712 |
| 2013 | $29,500 | $18,000 | $47,500 | $690 |
| 2012 | $29,500 | $18,000 | $47,500 | $690 |
| 2011 | $29,500 | $18,000 | $47,500 | $690 |
| 2010 | $29,500 | $18,000 | $47,500 | $690 |
| 2009 | $29,500 | $18,000 | $47,500 | $702 |
| 2007 | $32,900 | $15,000 | $47,900 | $759 |
Property facts
Year built
1950
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
890 sqft
Lot size
—
ZIP code
28303
City
Fayetteville
Street
Spruce St
Coordinates
35.08230, -78.92175
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
$1,202
Gross rental yield
12.33%
Implied cap rate
8.01%
Trend-extrapolated value
—
Frequently asked questions
When did 1940 Spruce St last sell?
1940 Spruce St most recently sold on Apr 22, 2022 for $117,000.
What is the current tax assessment for 1940 Spruce St?
The most recent total assessment for 1940 Spruce St (year 2025) is $81,951 with $1,867 in property tax.
How does 1940 Spruce St's assessment compare to its last sale price?
The current assessment is 30.0% below the last sale price of $117,000.
When was 1940 Spruce St built?
1940 Spruce St was built in 1950.
How does 1940 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 1940 Spruce St?
1940 Spruce St is a 2 bed, 1 bath, 890 sqft single_family.
Is 1940 Spruce St a flip candidate?
No — 1940 Spruce St does not appear in our flips dataset.
Is 1940 Spruce St a tax-appeal candidate?
No — 1940 Spruce St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+11.0%
2026 Q3
$313.7K
2026 Q4
$321K
ZIP 28303 — Median Price History + Forecast
Explore nearby
Geography
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