705 Spencer Rd
Lucama, NC 27851
2 bd 1 ba 1,450 sqft Built 1976 Lot 21,780 sqft mobile
Most recent sale
$87,500
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $87,500 | MLS #100341594 |
| Jul 29, 2022 | Listed | $99,900 | MLS #100341594 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $69,290 | $20,800 | $90,090 | $685 |
| 2024 | $69,290 | $20,800 | $90,090 | $385 |
| 2023 | $28,940 | $11,200 | $40,140 | $375 |
| 2022 | $28,940 | $11,200 | $40,140 | $375 |
| 2020 | $28,940 | $11,200 | $40,140 | $335 |
| 2019 | $28,940 | $11,200 | $40,140 | $343 |
| 2018 | $22,310 | $10,400 | $32,710 | $282 |
| 2017 | $22,310 | $10,400 | $32,710 | $282 |
| 2016 | $22,310 | $10,400 | $32,710 | $282 |
| 2015 | $22,310 | $10,400 | $32,710 | $282 |
| 2014 | $22,310 | $10,400 | $32,710 | $283 |
| 2013 | $22,310 | $10,400 | $32,710 | $283 |
| 2012 | $22,310 | $10,400 | $32,710 | $294 |
Property facts
Year built
1976
Property type
mobile
Stories
1
Beds
2
Baths
1
Living area
1,450 sqft
Lot size
21,780 sqft
ZIP code
27851
City
Lucama
Street
Spencer Rd
Coordinates
35.58725, -78.02724
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$525
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Spencer Rd last sell?
705 Spencer Rd most recently sold on Oct 14, 2022 for $87,500.
What is the current tax assessment for 705 Spencer Rd?
The most recent total assessment for 705 Spencer Rd (year 2025) is $90,090 with $685 in property tax.
How does 705 Spencer Rd's assessment compare to its last sale price?
The current assessment is 3.0% above the last sale price of $87,500.
When was 705 Spencer Rd built?
705 Spencer Rd was built in 1976.
How does 705 Spencer Rd compare to others on Spencer Rd?
We track 3 other properties on Spencer Rd. Browse the list under "Other properties on Spencer Rd" to compare beds, baths, and sale history.
What are the property facts for 705 Spencer Rd?
705 Spencer Rd is a 2 bed, 1 bath, 1,450 sqft, 21,780 sqft lot mobile.
Is 705 Spencer Rd a flip candidate?
No — 705 Spencer Rd does not appear in our flips dataset.
Is 705 Spencer Rd a tax-appeal candidate?
No — 705 Spencer Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.1%
2026 Q1
$186.8K
2026 Q2
$184.2K
ZIP 27851 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spencer Rd