$229,000
Original price: $235,000
- 3 Beds
- 2 Baths
- 1,620 sqft
509 5th St, Spencer, NC 28159
Est. Mortgage $1,425/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1922
$141/sqft
Garage
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 4 hours ago
Listing Provided by: Scott Bauknight
Lifestyle International Realty
Source: Canopy MLS as distributed by MLS GRID, MLS#4395795

Also Listed on Canopy MLS as distributed by MLS GRID.
Home Details for 509 5th St
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MLS Status: Active |
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Interior Details Number of Rooms: 8Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1620 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Electric Range, Electric Water Heater, RefrigeratorDishwasherLaundry: Laundry RoomRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View No View |
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Exterior Home Features Foundation: Crawl Space |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Garage on Main Level |
Frontage Waterfront: NoneResponsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 1620 Square Feet |
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Cumulative Days on Market: 70Days on Market: 71 |
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Year Built Year Built: 1922 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: VinylNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 033222 |
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Price List Price: $229,000Price Per Sqft: $141 |
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Direction & Address City: SpencerCommunity: None |
School Information Elementary School: North RowanJr High / Middle School: North RowanHigh School: North Rowan |
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Listing Agent Listing ID: 4395795 |
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Building Area Building Area: 1620 Square Feet |
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Not Senior Community |
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Lot Area: 0.17 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 4395795Attribution Contact: scottbauknight.realtor@gmail.comAbove Grade Unfinished Area: 1620 |
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.
Market trends in Spencer
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
20
2MoM
Home Value
Trulia Estimate
$225KSince last month
Decreased$5K (-2%)Since last year
Increased$44K (+24.5%)Since last sale
Increased$140K (+164.6%)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 +315% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $225K |
| August 2026 | $230K |
| July 2026 | $232K |
| June 2026 | $178K |
| May 2026 | $172K |
| April 2026 | $150K |
| March 2026 | $179K |
| February 2026 | $175K |
| January 2026 | $175K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.00 | Single-Family Home | $85,000 | 02/28/26 | 3 | 1.5 | 1,608 | |
0.16 | Single-Family Home | $170,000 | 05/19/26 | 3 | 2 | 1,204 | |
0.15 | Single-Family Home | $250,000 | 06/26/26 | 3 | 2 | 1,456 | |
0.24 | Single-Family Home | $200,000 | 11/26/25 | 3 | 2 | 1,545 | |
0.16 | Single-Family Home | $254,800 | 06/26/26 | 3 | 2 | 1,456 | |
0.15 | Single-Family Home | $225,900 | 11/25/25 | 3 | 2 | 1,400 | |
0.05 | Single-Family Home | $245,000 | 03/27/26 | 3 | 2.5 | 1,255 | |
0.05 | Single-Family Home | $239,000 | 10/14/25 | 3 | 2.5 | 1,206 |
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 |
|---|---|---|---|---|---|---|
0.04 | $233,000 | 3 | 1.5 | 1,323 | Recently Sold | |
0.00 | $85,000 | 3 | 1.5 | 1,608 | Recently Sold | |
0.06 | $236,600 | 3 | 2 | 2,053 | Off Market | |
0.07 | $226,300 | 3 | 2 | 2,008 | Off Market | |
0.08 | $285,800 | 5 | 2.5 | 2,758 | Off Market | |
0.06 | $217,900 | 4 | 2.5 | 1,664 | Off Market | |
0.05 | $233,900 | 3 | 2.5 | 1,206 | Off Market | |
0.04 | $232,400 | 3 | 2 | 1,939 | Off Market | |
0.07 | $264,300 | 3 | 2 | 1,685 | Off Market | |
0.05 | $245,000 | 3 | 2.5 | 1,255 | Recently Sold | |
0.04 | $145,000 | 2 | 1 | 1,419 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 13, 2026 Source: Canopy MLS as distributed by MLS GRID #4395795 | PriceChange | $229,000 Price decreased by 3% |
Jul 13, 2026 Source: Canopy MLS as distributed by MLS GRID #4395795 | Listed For Sale | $235,000 |
Mar 2, 2026 Source: N/A | Sold | $85,000 |
Mar 23, 2020 Source: Canopy MLS as distributed by MLS GRID #3581252 | Sold | $98,000 |
Feb 6, 2020 Source: Agent Provided | Pending | $96,000 |
Jan 14, 2020 Source: Agent Provided | Listed For Sale | $96,000 |
Feb 24, 2015 Source: Agent Provided | ListingRemoved | $79,900 |
Jan 24, 2015 Source: Agent Provided | Listed For Sale | $79,900 |
Mar 24, 2011 Source: Agent Provided | ListingRemoved | $99,900 |
Apr 17, 2010 Source: Agent Provided | PriceChange | $99,900 Price decreased by 5% |
Mar 26, 2010 Source: Agent Provided | PriceChange | $104,900 Price decreased by 0% |
Aug 31, 2009 Source: Agent Provided | Listed For Sale | $105,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,061 | $170,295 |
Home facts updated by county records
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Scott Bauknight, Lifestyle International Realty

Based on information submitted to the MLS GRID as of 2026-09-22 00:13:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 509 5th St
- What is the estimated monthly payment for 509 5th St?Based on a $229,000 list price with 20% down at today's rates, the estimated monthly payment for 509 5th St in Spencer, NC is approximately $1,443 (about $1,238 principal & interest, $130 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- 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 homes for sale in Spencer, NC.
- What are the closest schools to 509 5th St?The closest schools to 509 5th St in Spencer, NC are North Rowan Elementary School (Pre-K, rated 1/10), North Rowan High School (rated 2/10), North Rowan Middle School (rated 2/10).
- What is 509 5th St estimated to be worth?Trulia's estimated value for 509 5th St in Spencer, NC is $224,900.
- Does 509 5th St have air conditioning?Yes, 509 5th St in Spencer, NC has air conditioning.
- Does 509 5th St have laundry facilities?Yes, 509 5th St in Spencer, NC has laundry facilities.
509 5th St, Spencer, NC 28159 is a 3 bedroom, 2 bathroom, 1,620 sqft single-family home built in 1922. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Jun 23, 2026. The MLS # for this home is MLS# 4395795.

