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  • Price cut: $6K (9/13)
    $229,000

    509 5th St, Spencer, NC 28159

    3beds
    1,620sqft
    : 
    $1,529/mo
    Get pre-qualified
    Single Family Residence
    Built in 1922
    0.17 Acres Lot
    $226,100 Zestimate®
    $141/sqft
    $-- HOA

    What's special

    Abundant natural lightDetached one-car garageInviting covered front porchSpacious roomsDedicated laundry roomBeautiful wood flooringElectric range
    SELLER IS OFFERING $3,000 IN CONCESSIONS WITH AN ACCEPTABLE OFFER! Welcome to 509 5th Street in Spencer, where classic character, generous living space, and modern comfort come together in a home that is ready for its next chapter. This charming 3-bedroom, 2-bath home offers approximately 1,620 square feet of one-level living, giving you the space you need without sacrificing the warmth and personality that make an older home special. From the moment you arrive, the inviting covered front porch sets the tone—an ideal place to enjoy your morning coffee, unwind at the end of the day, or simply take in the neighborhood. Step inside and you’ll immediately notice the beautiful wood flooring, abundant natural light, and spacious rooms that give this home an open, comfortable feel. The living areas offer plenty of room for both relaxing and entertaining, while the classic fireplace adds an eye-catching focal point and a touch of timeless charm. The kitchen provides ample cabinetry and workspace along with a dishwasher, electric range, and refrigerator, making it easy to settle in and start enjoying the home from day one. The primary bedroom features its own en-suite bathroom, creating a private retreat, while two additional bedrooms offer flexibility for family, guests, a home office, hobby room, or whatever best fits your lifestyle. A dedicated laundry room adds another layer of everyday convenience. Outside, the property continues to deliver with a detached one-car garage, providing valuable parking, storage, workshop, or hobby space. The approximately 0.17-acre lot offers manageable outdoor space without overwhelming maintenance, and with NO HOA, you can enjoy homeownership without monthly association dues. The home is also connected to city water and city sewer and features central air and a heat pump for year-round comfort. Whether you’re searching for your first home, looking to simplify with one-level living, or simply want a property that combines character, space, convenience, and value, 509 5th Street deserves a closer look. And with the seller offering $3,000 in concessions with an acceptable offer, buyers may have an opportunity to put those funds toward allowable closing costs, prepaid expenses, or other lender-approved expenses. Don’t just scroll past this one—schedule your private showing and come see what makes 509 5th Street a place you’ll want to call home.
    90 days
    284
    29

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Bauknight scottbauknight.realtor@gmail.com,

    Lifestyle International Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4395795MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Features: En Suite Bathroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
      • Laundry: Laundry Room
      Features
      • Has basement: No
      Interior area
      • Total structure area: 1,620
      • Total interior livable area: 1,620 sqft
      • Finished area above ground: 1,620
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage, Garage on Main Level
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Waterfront features: None
      Lot
      • Size: 0.17 Acres
      Details
      • Parcel number: 033222
      • Zoning: R-6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1922

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Spencer

      Financial & listing details

      • Price per square foot: $141/sqft
      • Tax assessed value: $170,295
      • Annual tax amount: $2,061
      • Date on market: 7/13/2026
      • Cumulative days on market: 90 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete, Paved

        Estimated market value

        $226,100

        $215,000 - $237,000

        $1,498/mo

        Price history

        DateEventPrice
        9/13/2026Price change$229,000-2.6%$141/sqft
        Source: Canopy MLS as distributed by MLS GRID #4395795 Report a problem
        7/13/2026Listed for sale$235,000+176.5%$145/sqft
        Source: Canopy MLS as distributed by MLS GRID #4395795 Report a problem
        3/2/2026Sold$85,000-13.3%$52/sqft
        Source: Public Record Report a problem
        3/23/2020Sold$98,000+2.1%$60/sqft
        Source: Canopy MLS as distributed by MLS GRID #3581252 Report a problem
        2/6/2020Pending sale$96,000$59/sqft
        Source: Mark Spain Real Estate #3581252 Report a problem
        1/14/2020Listed for sale$96,000+20.2%$59/sqft
        Source: Mark Spain Real Estate #3581252 Report a problem
        2/24/2015Listing removed$79,900$49/sqft
        Source: Keller Williams Realty Concord Kannapolis #3058937 Report a problem
        1/24/2015Listed for sale$79,900-20%$49/sqft
        Source: Keller Williams Realty Concord Kannapolis #3058937 Report a problem
        3/24/2011Listing removed$99,900$62/sqft
        Source: Century 21 Towne & Country #927116 Report a problem
        4/17/2010Price change$99,900-4.8%$62/sqft
        Source: Systems Engineering, Inc. #50237 Report a problem
        3/26/2010Listed for sale$104,900-0.1%$65/sqft
        Source: Systems Engineering, Inc. #50237 Report a problem
        8/31/2009Listed for sale$105,000$65/sqft
        Source: Wallace Realty Co. #883464 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,061 +2.2%$170,295
        2024$2,018 +4.9%$170,295
        2023$1,924 +92.4%$170,295 +123.4%
        2022$1,000 $76,217
        2021$1,000 $76,217
        2020$1,000 $76,217
        2019$1,000 +19%$76,217 +19.5%
        2018$841 +1.5%$63,806
        2017$828 $63,806
        2016$828 $63,806
        2015$828 -1.5%$63,806
        2014$841 --
        2013-- --
        2012-- --
        2011-- --
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        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28159

        Getting around

        36 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North Rowan
        • Middle: North Rowan
        • High: North Rowan

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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