11 months on rocket

504 Lake Ave, Spring Lake, NC, 28390

$119,999

Home List Price

$1,425*

Closing Credit

3 Bedrooms
2 Full Baths
1,344 SqFt
$89/SqFt
House
Schools Nearby

Location

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504 Lake Ave, Spring Lake$119,999

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1942
HeatingBaseboard, Electric
CoolingWindow Unit(s)
MLS #2510963
Lot Size0.22 Acres
StatusActive

About 504 Lake Ave

Two single family/detached homes used as rentals with long term tenants on the same parcel making this investment a duplex. 504 Lake Avenue has 2 bedrooms and 1 bath. 502 Lake Avenue is a 1 bedroom 1 bath. The bathrooms at each have been fully renovated and other minor repairs have been made. Both homes are being sold together.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1942
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC - Clayton
  • Office Phone: (888) 584-9431
  • Listing Agent: Dimitrios Christie

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Luxury Vinyl, Vinyl
  • Interior: Entrance Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Pine Forest High School, Public District Grades 9-12
  • Reid Ross Classical High School, Public District Grades 9-12
  • Cross Creek Early College, Public District Grades 9-12
  • Spring Lake Middle School, Public District Grades 6-8
  • Reid Ross Classical Middle School, Public District Grades 6-8
  • Seventy-First Classical Middle School, Public District Grades 6-8
  • Lillian Black Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Heading South on Bragg Blvd. take a left into the neighborhood on Lake Avenue. The properties are at the corner of Lake Ave. & S 5th St.Coming North on Bragg Blvd. take a right into the neighborhood on Lake Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,999
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $1,334
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spring Lake, NC.

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Spring Lake, NC

City

Med. Sold Price

$305K

Med. Price/SqFt

$147

Avg. Days On Market

68

# of Sold Homes

25

504 Lake Ave vs Spring Lake

349 DAYS ON ROCKET

+281 Days

$119,999

-$185K Less

$89/SqFt

-$58 Less

KEY TAKEAWAY

This property is $185K less than the Median Sold Price and $58/SqFt less than other homes in Spring Lake, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2510963

Listing Office:

  • Office Name: eXp Realty, LLC - Clayton
  • Office Phone: (888) 584-9431
  • Listing Agent: Dimitrios Christie

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:20:24 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

Aug 17, 2020Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,334$45,818
2019$1,275$45,818
2018$1,276$45,818
2017$1,218$45,818

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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.

Elementary School

school-card-donut-3076578
4
/10

  • Lillian Black Elementary School

  • 125 S 3rd St

  • 0.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3076579
2
/10

  • Spring Lake Middle School

  • 612 Spring Ave

  • 0.21 miles

  • Public District Grades 6-8

school-card-donut-3076580
5
/10

  • Reid Ross Classical Middle School

  • 3200 Ramsey St

  • 6.90 miles

  • Public District Grades 6-8

school-card-donut-3076581
9
/10

  • Seventy-First Classical Middle School

  • 6830 Raeford Rd

  • 9.18 miles

  • Public District Grades 6-8

High School

school-card-donut-3076582
5
/10

  • Pine Forest High School

  • 525 Andrews Rd

  • 4.70 miles

  • Public District Grades 9-12

school-card-donut-3076583
5
/10

  • Reid Ross Classical High School

  • 3200 Ramsey St

  • 6.90 miles

  • Public District Grades 9-12

school-card-donut-3076584
10
/10

  • Cross Creek Early College

  • 1200 Murchison Rd

  • 7.62 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,032. Residents of Spring Lake, NC typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 Lake Ave

What is the listing price of this property?

The listing price of 504 Lake Ave property is $119,999.

What type of property is this?

The property 504 Lake Ave is a house located in Spring Lake, North Carolina, 28390.

Is this property for sale now?

Active Listing: 504 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 504 Lake Ave are:
Lillian Black Elementary School: GreatSchools Rating 4/10
Spring Lake Middle School: GreatSchools Rating 2/10
Reid Ross Classical Middle School: GreatSchools Rating 5/10
Seventy-First Classical Middle School: GreatSchools Rating 9/10
Pine Forest High School: GreatSchools Rating 5/10
Reid Ross Classical High School: GreatSchools Rating 5/10
Cross Creek Early College: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,334 (source: MLS/based on county public records data).

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

The last sale was on August 17, 2020 for $200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 504 Lake Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 504 Lake Ave is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Lake Ave is 1942.

Rocket Homes›North Carolina›Cumberland County›Spring Lake›28390›504 Lake Ave

This home is located at 504 Lake Ave in Spring Lake, NC and zip code 28390. This 1,344 square foot home, which was built in 1942, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2023 and is currently priced at $119,999.

Spring Lake, NC housing market in March 2024 saw over 5 listings sold above listed price, more than 13 sold at listed price and over 7 sold below. While the average time on the market in March 2024 was 68 days, the median list price was $305,000.

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

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