500 Spence Ave, Gibsonville, NC, 27249

$460,000

Home List Price

$5,463*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,260 SqFt
$204/SqFt
House
Schools Nearby

Location

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500 Spence Ave, Gibsonville$460,000

Buyer Closing Credits

$5,463*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry
Attached GarageYes
Year Built2001
HeatingForced Air
CoolingCentral Air
FireplaceFamily Room, Gas
MLS #4121124
StatusActive

About 500 Spence Ave

This stunning property situated on a fenced, corner lot in the Forest Trace neighborhood includes 3 bedrooms, 3.5 bathrooms, a large bonus room & 2-car side-load garage. Grand entryway with soaring ceilings, hardwood floors, and fresh paint throughout. Dining room features custom built-in, chair rails and crown molding. The living room boasts a cathedral ceiling, custom built-in, and gas fireplace. Gourmet kitchen with breakfast nook, bay window, granite countertops & stainless steel appliances. Primary suite complete with separate shower and jetted tub combo, dual vanity and a spacious walk-in closet. Large bonus room with full bathroom and two closets. Additional storage space is available in the unfinished attic, which can be completed to suit your needs or used for seasonal items. Back porch with a swing, fire pit, wired gazebo featuring a ceiling fan and a wired storage shed. No HOA!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2001
  • Living Area: 2,260 SqFt

Listing Office:

  • Office Name: EXP Realty LLC Winston Salem

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Basement: No
  • Flooring Type: Carpet, Laminate, Vinyl, Wood
  • Interior: Attic Walk In, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Garden Tub, Pantry, Split Bedroom, Walk-In Closet(s)
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fire Pit

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I40/85, exit University Drive toward Elon, turn left on Westbrook Dr., turn left on Spence Ave., house is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $460,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $2,656
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gibsonville, NC.

Med. Sold Price

$299K

Med. Price/SqFt

$170

Avg. Days On Market

90

# of Sold Homes

28

500 Spence Ave vs Gibsonville

37 DAYS ON ROCKET

-53 Days

$460,000

+$161K More

$204/SqFt

+$34 More

KEY TAKEAWAY

This property is $161K more than the Median Sold Price and $34/SqFt more than other homes in Gibsonville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4121124

Listing Office:

  • Office Name: EXP Realty LLC Winston Salem

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 2016Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,656$257,856
2020$3,094$257,856
2018$1,521$257,856
2017$2,862$257,856

History based on county public records data.

Payment Calculator

$2,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,446

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2162084
5
/10
  • Gibsonville Elementary School

  • 401 E Joyner St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-2162085
6
/10
  • Elon Elementary School

  • 510 E Haggard Ave

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-2162086
4
/10
  • Highland Elementary School

  • 3720 Bonnar Bridge Rd

  • 2.68 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,576. Residents of Gibsonville, NC typically earn between $100k-200k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Spence Ave

What is the listing price of this property?

The listing price of 500 Spence Ave property is $460,000.

What type of property is this?

The property 500 Spence Ave is a house located in Gibsonville, North Carolina, 27249.

Is this property for sale now?

Active Listing: 500 Spence Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,656 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 19, 2016 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Spence Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 500 Spence Ave is 2,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Spence Ave is 2001.

Rocket HomesNorth CarolinaGuilford CountyGibsonville27249500 Spence Ave

This home is located at 500 Spence Ave in Gibsonville, NC and zip code 27249. This 2,260 square foot home was built in 2001. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $460,000.

In March 2024 more than 2 listings in Gibsonville, NC were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 22 were sold below. The number of listings in Gibsonville, NC increased by 3.6% between February 2024 and March 2024. Listings spent 90 days on the market in March 2024, and had a median list price of $299,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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