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701 5th St

Spencer, NC 28159

3 bd 2 ba 1,304 sqft Built 1925 Lot 7,405 sqft single_family
Most recent sale
$100,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2023 Sold $230,000 CanopyMLS
Jul 22, 2022 Sold $100,000 Public Record
Jun 18, 2022 Price changed $115,000 MLS #3859542
May 24, 2022 Price changed $120,000 MLS #3859542
May 10, 2022 Listed $135,000 MLS #3859542
Apr 26, 2022 Sold $60,000 Public Record
Mar 18, 2018 Sold $41,650 MLS #3348605
Feb 20, 2018 Relisted $45,500 MLS #872020
Feb 13, 2018 Listing removed $45,500 TriadMLS
Jan 26, 2018 Listed $45,500 MLS #872020
Dec 12, 2006 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $97,681 $18,000 $115,681 $1,400
2023 $97,681 $18,000 $115,681 $1,307
2022 $46,933 $14,500 $61,433 $806
2020 $46,933 $14,500 $61,433 $806
2019 $46,933 $14,500 $61,433 $806
2018 $45,535 $14,500 $60,035 $779
2017 $45,535 $14,500 $60,035 $1,148
2016 $45,535 $14,500 $60,035 $779
2015 $45,535 $14,500 $60,035 $779
2014 $52,226 $14,500 $66,726 $840
2013 $52,226 $14,500 $66,726 $822
2012 $52,226 $14,500 $66,726 $822
2011 $52,226 $14,500 $66,726 $822
2010 $61,676 $12,000 $73,676 $867

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,304 sqft
Lot size
7,405 sqft
ZIP code
28159
City
Spencer
Street
5th St
Coordinates
35.69406, -80.43993

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 701 5th St last sell?
701 5th St most recently sold on Jul 22, 2022 for $100,000.
What is the current tax assessment for 701 5th St?
The most recent total assessment for 701 5th St (year 2025) is $115,681 with $1,400 in property tax.
How does 701 5th St's assessment compare to its last sale price?
The current assessment is 15.7% above the last sale price of $100,000.
When was 701 5th St built?
701 5th St was built in 1925.
How does 701 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 701 5th St?
701 5th St is a 3 bed, 2 bath, 1,304 sqft, 7,405 sqft lot single_family.
Is 701 5th St a flip candidate?
Yes — 701 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 701 5th St a tax-appeal candidate?
No — 701 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.8%
2026 Q3
$192K
2026 Q4
$191.1K
ZIP 28159 — Median Price History + Forecast

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