For sale by owner

Price cut: $5K (5/11)

$245,000

106 Marthas Ln, Spring Lake, NC 28390

4beds

1,436sqft

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SingleFamily

Built in 1975

0.57 Acres Lot

$243,500 Zestimate^®

$171/sqft

$-- HOA

What's special

Movable tiny homeDetached adu

Cash-flowing investment opportunity with multiple income streams. This property features a 4 bed / 2 bath brick main home (1,436 sq ft) along with two additional 1 bed / 1 bath units—a detached ADU and a movable tiny home. All three units are currently leased, generating $2,900/month in total rent with room to increase. Ideal for investors looking for a turnkey rental property with three income-producing units and upside potential. Cash buyers preferred. Licensed NC Realtor—please do not call to list.

55 days

390

36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Electric

Cooling

Central

Appliances

Included: Dishwasher, Microwave, Range / Oven, Refrigerator

Features

Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
Has fireplace: Yes

Interior area

Total interior livable area: 1,436 sqft

Property

Features

Exterior features: Brick

Lot

Size: 0.57 Acres

Details

Parcel number: 0105040028

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1975

Community & HOA

Location

Region: Spring Lake

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $152,775
Annual tax amount: $1,156
Date on market: 5/4/2026

Estimated market value

$243,500

$229,000 - $256,000

$1,543/mo

Price history

Date	Event	Price
5/11/2026	Price change	$245,000-2%$171/sqft
Source: Owner Report a problem
5/6/2026	Price change	$250,000-7.4%$174/sqft
Source: Owner Report a problem
5/4/2026	Listed for sale	$270,000+35%$188/sqft
Source: Owner Report a problem
10/13/2021	Sold	$200,000+473.1%$139/sqft
Source: Public Record Report a problem
7/24/2021	Price change	$34,900-80.5%$24/sqft
Source: Owner Report a problem
5/18/2021	Listed for sale	$179,000+281.3%$125/sqft
Source: Owner Report a problem
12/28/2017	Sold	$46,950-23%$33/sqft
Source: LPRMLS #532729 Report a problem
10/19/2017	Sold	$61,000-39.9%$42/sqft
Source: Public Record Report a problem
10/31/2006	Sold	$101,500+19.4%$71/sqft
Source: Public Record Report a problem
11/30/2005	Sold	$85,000$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,156	$152,775
2024	$1,156	$152,775
2023	$1,156	$152,775
2022	$1,156 +26.8%	$152,775 +59%
2021	$911	$96,080
2020	$911 +1.7%	$96,080
2019	$896	$96,080
2018	$896 +3.2%	$96,080
2017	$868	$96,080 +3.5%
2016	$868	$92,820
2015	--	$92,820
2014	$868	$92,820
2012	--	$92,820
2011	--	$92,820
2010	--	$92,820
2009	--	$92,820 +29.4%
2008	--	$71,730
2007	--	$71,730
2006	--	$71,730
2005	--	$71,730
2004	--	$71,730
2003	--	$71,730
2001	--	--
2000	--	--

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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