Great investment property!!!! The house is zoned as a multi family home, it is on city sewer and water. So it could be torn down and 2 homes or 2 duplexes could be put on the lot it sits on.
The other option for the home is to be completely remodeled and sold for around 150k which matches comps in the neighborhood.
The home has been almost completely gutted on the inside and has a foundation issue I’ve had a contractor come out and estimated cost for foundation repair is 20k
Serious buyers only!!!
Some other comparable fully remodeled homes in the neighborhood are listed below. I’ve received 2 cash offers. Feel free to submit all cash offers via email to jennifermosely89@icloud.com
-512 spindale street spindale NC
-150 west street spindale NC
Sold for $45,000
$45,000
127 Stone Ridge Dr, Spindale, NC 28160
2beds
780sqft
SingleFamily
Built in 1930
10,018 Square Feet Lot
$112,100 Zestimate®
$58/sqft
$918 Estimated rent
Home value
$112,100
$85,000 - $139,000
$918/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: Carpet, Hardwood
Interior area
- Total interior livable area: 780 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 10,018 sqft
Details
- Parcel number: 1209270
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Other
- Roof: Asphalt
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Spindale
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2023 | Sold | $45,000-25%$58/sqft |
Source: Public Record Report a problem | ||
| 3/16/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/16/2022 | Listed for sale | $60,000-33.3%$77/sqft |
Source: Owner Report a problem | ||
| 11/30/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/24/2022 | Listed for sale | $90,000+800%$115/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $687 -29.3% | $42,200 -43.9% |
| 2023 | $972 +57.5% | $75,200 +117.3% |
| 2022 | $617 | $34,600 |
Find assessor info on the county website
Neighborhood: 28160
Nearby schools
GreatSchools rating
- 4/10Spindale Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10R-S Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Rutherford Early College High SchoolGrades: 9-12Distance: 1.7 mi