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508 Rowan Ave

Spencer, NC 28159

3 bd 2 ba 1,450 sqft Built 1923 Lot 7,405 sqft single_family
Most recent sale
$163,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2022 Listed $163,000 MLS #1060929
Apr 19, 2022 Sold $163,000 MLS #1060929
Mar 5, 2022 Listed $163,000 MLS #3834534

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,570 $18,000 $156,570 $1,895
2023 $138,570 $18,000 $156,570 $1,769
2022 $55,039 $15,000 $70,039 $919
2020 $55,039 $15,000 $70,039 $919
2019 $55,039 $15,000 $70,039 $919
2018 $43,523 $15,000 $58,523 $759
2017 $43,523 $15,000 $58,523 $759
2016 $43,523 $15,000 $58,523 $759
2015 $43,523 $15,000 $58,523 $759
2014 $49,924 $14,500 $64,424 $811
2013 $49,924 $14,500 $64,424 $794
2012 $49,924 $14,500 $64,424 $794
2011 $49,924 $14,500 $64,424 $794
2010 $55,660 $11,000 $66,660 $785

Property facts

Year built
1923
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,450 sqft
Lot size
7,405 sqft
ZIP code
28159
City
Spencer
Street
Rowan Ave
Coordinates
35.69013, -80.43753

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
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Rowan Ave last sell?
508 Rowan Ave most recently sold on Apr 19, 2022 for $163,000.
What is the current tax assessment for 508 Rowan Ave?
The most recent total assessment for 508 Rowan Ave (year 2025) is $156,570 with $1,895 in property tax.
How does 508 Rowan Ave's assessment compare to its last sale price?
The current assessment is 3.9% below the last sale price of $163,000.
When was 508 Rowan Ave built?
508 Rowan Ave was built in 1923.
How does 508 Rowan Ave compare to others on Rowan Ave?
We track 8 other properties on Rowan Ave. Browse the list under "Other properties on Rowan Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Rowan Ave?
508 Rowan Ave is a 3 bed, 2 bath, 1,450 sqft, 7,405 sqft lot single_family.
Is 508 Rowan Ave a flip candidate?
No — 508 Rowan Ave does not appear in our flips dataset.
Is 508 Rowan Ave a tax-appeal candidate?
No — 508 Rowan Ave 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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