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501 8th St

Spencer, NC 28159

3 bd 2 ba 1,877 sqft Built 1957 Lot 17,424 sqft single_family
Most recent sale
$201,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $201,000 MLS #3866234
May 31, 2022 Listed $150,000 MLS #3866234
Apr 13, 2006 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,663 $25,000 $194,663 $2,356
2023 $169,663 $25,000 $194,663 $2,199
2022 $105,836 $20,000 $125,836 $1,651
2020 $105,836 $20,000 $125,836 $1,652
2019 $105,836 $20,000 $125,836 $1,652
2017 $85,427 $20,000 $105,427 $1,368
2016 $85,427 $20,000 $105,427 $1,368
2015 $85,427 $20,000 $105,427 $1,368
2014 $98,641 $20,000 $118,641 $1,494
2013 $98,641 $20,000 $118,641 $1,461
2012 $98,641 $20,000 $118,641 $1,461
2011 $98,641 $20,000 $118,641 $1,461
2010 $112,484 $17,850 $130,334 $1,534

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,877 sqft
Lot size
17,424 sqft
ZIP code
28159
City
Spencer
Street
8th St
Coordinates
35.69034, -80.44145

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
$1,206
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 8th St last sell?
501 8th St most recently sold on Jul 1, 2022 for $201,000.
What is the current tax assessment for 501 8th St?
The most recent total assessment for 501 8th St (year 2025) is $194,663 with $2,356 in property tax.
How does 501 8th St's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $201,000.
When was 501 8th St built?
501 8th St was built in 1957.
How does 501 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 501 8th St?
501 8th St is a 3 bed, 2 bath, 1,877 sqft, 17,424 sqft lot single_family.
Is 501 8th St a flip candidate?
No — 501 8th St does not appear in our flips dataset.
Is 501 8th St a tax-appeal candidate?
No — 501 8th 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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