505 5th St
Spring Lake, NC 28390
4 bd 2 ba 2,449 sqft Built 1961 single_family
Most recent sale
$230,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 9, 2022 | Sold | $230,000 | Public Record |
| May 6, 2022 | Sold | $230,000 | LongleafPineRealtors |
| Apr 2, 2022 | Price changed | $255,000 | MLS #678064 |
| Mar 20, 2022 | Listed | $265,000 | MLS #678064 |
| Dec 3, 2021 | Sold | $130,000 | LongleafPineRealtors |
| Jun 9, 2018 | Listing removed | $129,900 | LongleafPineRealtors |
| Apr 13, 2018 | Sold | $130,000 | Public Record |
| Apr 12, 2018 | Sold | $129,900 | LongleafPineRealtors |
| Dec 23, 2017 | Listed | $129,900 | MLS #533011 |
| Dec 5, 2017 | Listing removed | $129,900 | LongleafPineRealtors |
| Nov 6, 2017 | Listing removed | $59,000 | LongleafPineRealtors |
| Oct 3, 2017 | Listing removed | $59,000 | LongleafPineRealtors |
| Sep 20, 2017 | Listed | $59,000 | MLS #528793 |
| Mar 23, 2016 | Listing removed | $1,000 | LongleafPineRealtors |
| Mar 4, 2016 | Listed for rent | $1,000 | LongleafPineRealtors |
| Jan 12, 2016 | Listing removed | $1,250 | LongleafPineRealtors |
| Jan 7, 2016 | Price changed for rent | $1,250 | LongleafPineRealtors |
| Aug 9, 2013 | Listing removed | $1,195 | LongleafPineRealtors |
| Jul 2, 2013 | Listed for rent | $1,195 | LongleafPineRealtors |
| Dec 14, 2010 | Sold | $135,000 | Public Record |
| Oct 26, 2010 | Listing removed | $135,000 | LongleafPineRealtors |
| Sep 15, 2010 | Listed | $135,000 | MLS #353119 |
| Jul 5, 1995 | Sold | $97,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $185,551 | $11,500 | $197,051 | $3,590 |
| 2024 | $130,740 | $6,500 | $137,240 | $2,466 |
| 2023 | $130,740 | $6,500 | $137,240 | $2,246 |
| 2022 | $129,791 | $6,500 | $136,291 | $1,907 |
| 2021 | $129,791 | $6,500 | $136,291 | $1,908 |
| 2020 | $129,791 | $6,500 | $136,291 | $1,878 |
| 2019 | $98,100 | $6,500 | $104,600 | $1,878 |
| 2018 | $98,100 | $6,500 | $104,600 | $1,878 |
| 2017 | $98,100 | $6,500 | $104,600 | $1,878 |
| 2016 | $118,800 | $6,500 | $125,300 | $2,115 |
| 2015 | $118,800 | $6,500 | $125,300 | $2,115 |
| 2014 | $118,800 | $6,500 | $125,300 | $2,115 |
| 2013 | $118,800 | $6,500 | $125,300 | $2,065 |
| 2012 | $118,800 | $6,500 | $125,300 | $2,065 |
| 2011 | $118,800 | $6,500 | $125,300 | $2,065 |
| 2010 | $118,800 | $6,500 | $125,300 | $2,065 |
| 2009 | $118,800 | $6,500 | $125,300 | $2,037 |
| 2007 | $95,668 | $6,000 | $101,668 | $1,787 |
Property facts
Year built
1961
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,449 sqft
Lot size
—
ZIP code
28390
City
Spring Lake
Street
5th St
Coordinates
35.16341, -78.96662
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 5th St last sell?
505 5th St most recently sold on May 9, 2022 for $230,000.
What is the current tax assessment for 505 5th St?
The most recent total assessment for 505 5th St (year 2025) is $197,051 with $3,590 in property tax.
How does 505 5th St's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $230,000.
When was 505 5th St built?
505 5th St was built in 1961.
How does 505 5th St compare to others on 5th St?
We track 5 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 505 5th St?
505 5th St is a 4 bed, 2 bath, 2,449 sqft single_family.
Is 505 5th St a flip candidate?
Yes — 505 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 5th St a tax-appeal candidate?
No — 505 5th 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$278.4K
2026 Q4
$275.1K
ZIP 28390 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th St