506 2nd St, Spencer, NC 28159
Property image
Property image
OFF MARKET

$242,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,704 sqft (on 0.25 acres)

506 2nd St, Spencer, NC 28159

Est. Refi. Payment $1,437/mo*
Refinance Your Home
Currently Off Market - Sold May 21, 2021 for $235,000

Home Value

Trulia Estimate
$243K
Since last month
Decreased$3K (-1.4%)
Since last year
Decreased$16K (-6.2%)
Since last sale
Increased$3K (+1.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +261% in the last 10 years
MonthEstimated value
2026
August 2026$238K
July 2026$241K
June 2026$240K
May 2026$249K
April 2026$250K
March 2026$244K
February 2026$244K
January 2026$237K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1175 Rosetta Dr, Spencer, NC
1.26
Townhouse
$239,000
08/28/26
3
2.5
1,507
1410 Amberlight Cir, Salisbury, NC
2.95
Townhouse
$245,000
06/01/26
3
2
1,796
1035 Silvertrace Dr, Salisbury, NC
2.93
Townhouse
$260,000
07/29/26
4
2
1,774
201 Eastwood Dr, Spencer, NC
3.12
Townhouse
$230,000
04/16/26
2
2
1,519
1170 Amberlight Cir, Salisbury, NC
3.05
Townhouse
$245,000
08/13/26
3
2
1,888
1105 Silvertrace Dr, Salisbury, NC
2.98
Townhouse
$249,000
03/20/26
4
2
1,810
1125 Silvertrace Dr, Salisbury, NC
2.99
Townhouse
$265,000
10/21/25
4
2
1,758
201 Eastwood Dr #401, Salisbury, NC
3.16
Townhouse
$230,000
04/16/26
2
2
1,479
1219 Amberlight Cir, Salisbury, NC
3.08
Townhouse
$260,000
06/08/26
4
2
1,771
210 E Fisher St, Salisbury, NC
2.80
Townhouse
$315,000
04/16/26
3
2
1,424

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
512 2nd St, Spencer, NC 28159
0.03
$156,250
3
2
1,845
Recently Sold
206 S Iredell Ave, Spencer, NC 28159
0.06
$312,000
5
3.5
2,408
Off Market
505 2nd St, Spencer, NC 28159
0.05
-
3
2
1,233
Off Market
301 Meadow St, Spencer, NC 28159
0.10
$165,000
2
2
1,199
For Sale
211 S Rowan Ave, Spencer, NC 28159
0.13
$215,800
3
2
1,592
Off Market
300 S Iredell Ave, Spencer, NC 28159
0.11
$189,800
2
1
1,485
Off Market
600 3rd St, Spencer, NC 28159
0.10
$290,000
3
2
1,624
Recently Sold
119 2nd St, Spencer, NC 28159
0.16
$206,700
5
4
3,204
Off Market
509 3rd St, Spencer, NC 28159
0.13
$276,200
3
2
1,736
Off Market
303 S Iredell Ave, Spencer, NC 28159
0.14
$214,000
3
2
1,209
Off Market
305 S Rowan Ave, Spencer, NC 28159
0.16
$214,900
3
1
1,766
Off Market
305 S Iredell Ave, Spencer, NC 28159
0.15
$242,800
3
2.5
1,500
Off Market

Local Information

  • Map ViewExplore the area around 506 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1925
Lot Size
0.25 acres
Living Area
1,704 sqft
Price/Sqft
$142
Parking
None

About this House

Newly remodeled 2 bedroom Duplex - This beautiful 2 bedroom duplex unit is located in Spencer, NC.

The home includes a living room, kitchen, 2 bedrooms, 1 bath and has laundry hookups.

The unit has just been beautifully remodeled with hard floors and solid-surface coutertops

The utilities are paid by the tenant.

The kitchen appliances are included in the lease.

No Smoking, No pets,

Renter's insurance required.

You may call Rowan Properties, Inc.
This property is offered by Rowan Properties, Inc. We are N.C. licensed brokers as well as members of the Salisbury/Rowan Association of REALTORS and the North Carolina Association of REALTORS.

No Pets Allowed

(RLNE6480719)
506 2nd St, Spencer, NC 28159 is a 2 bedroom, 1 bathroom, 1,704 sqft townhouse built in 1925. It last sold for $235,000 on May 21, 2021. More recently, it was listed as a rental in March 2021 with an asking price of $1,000 per month. That rental listing was removed on March 17, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $242,600, with a rent estimate of $1,371/month.

Home Details for 506 2nd St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Townhouse

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
Parking: None

Community

Units in Building: 2

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
May 21, 2021
Source: N/A
Sold
$235,000
Mar 17, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Mar 5, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$1,000
Jun 11, 2020
Source: N/A
Sold
$85,000
Mar 27, 2020
Source: N/A
Sold
$60,000

Market trends in Spencer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
18

Around this home

What Locals Say about Spencer

At least 17 Trulia users voted on each feature.

  • 96 % Say yards are well-kept

  • 89 % Say car is needed

  • 83 % Say parking is easy

  • 81 % Say it's dog friendly

  • 77 % Say there's holiday spirit

  • 76 % Say there are sidewalks

  • 68 % Say it's walkable to grocery stores

  • 64 % Say kids play outside

  • 57 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 50 % Say people would walk alone at night

  • 48 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 35 % Say they plan to stay for at least 5 years

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Aldridgekaylin1
    "I’ve been here for almost a year now & it’s just so peaceful, quiet & definitely a great area to live in or raise a family! "
    0
    Flag
  • Emmanuel G.
    "Perfect for living and going to school great people great food nice view pretty big houses tall ceilings "
    2
    Flag
  • Chris S.
    "several park areas to choose from and walking trails to take your dog walking on. also several vets in the area if your ever in need of their services "
    0
    Flag
  • Lmaster119
    "Nice and I will recommend it to retired personnel. I went to school in Spencer. I am not looking to buy in this neighborhood."
    0
    Flag
  • Allyssa S.
    "Close proximity of the houses and they would not like the streets are messed up and broken they need to be fixed as far as I can tell they are not fixing them right now and probly will take years to fix the road."
    0
    Flag
  • Erik B.
    "My commute into Salisbury is quick and less than 10 minutes. Traffic is very light and typically freely moving."
    0
    Flag
  • MichelleJ.
    "I've lived in Spencer near the high school for 6 years. I thought it would be short term but have decided to stay. Love small town feel and easy access to larger cities, neighbors, arts & cultural events .. it has it all for a great price!!!"
    0
    Flag
  • Erik B.
    "The school district is a growing and changing leader in education. It is a decent place to raise a child."
    0
    Flag
  • Robinphillips j.
    "It’s very quiet and everyone stays to themselves. Road doesn’t have a lot of traffic..Not to many small children in the neighborhood."
    2
    Flag
  • Brittanymic88
    "It’s a nice, older neighborhood but Spencer is known as not such a safe place. I think it’s safer then what people make it out to be, this is the second time I’ve lived here and no one has ever bothered me or my family. The only problem I see is a lot of loud, thumping music late all day and late at night and young people people will walk between houses and all night long down the sidewalks and they’re not quiet about it either. "
    0
    Flag
  • glitterangel k.
    "lived there 3 yrs. some yards nice some real trashy, cars fly by, wouldn't let my kids walk alone, neighbors keep to themselves not very outgoing or eager to say good morning if they see you, bus driver has alot to improve on, just not my kind of neighborhood, i like friendly outgoing people, schools are ok for younger ones but as they get older the school system changes, i guess if you dont want to talk to anyone and have no kids, then it isn't too bad."
    1
    Flag
  • Shuntale S.
    "Spencer is a charming historical community that is only 40 minutes from Charlotte and Winston Salem and just a few hours from the Blue Ridge Mountains, or the coastal beaches of North and South Carolina."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 506 2nd St

  • What is 506 2nd St estimated to be worth?
    Trulia's estimated value for 506 2nd St in Spencer, NC is $242,600.
  • What is the price history for 506 2nd St?
    506 2nd St in Spencer, NC last sold for $235,000 in May 2021.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Spencer?
    Residents describe Spencer, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Spencer, NC.

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