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500 Spence Avenue, Gibsonville, NC 27249
$460,000
500 Spence Avenue, Gibsonville, NC 27249View this property at 500 Spence Avenue, Gibsonville, NC 27249
500 Spence AvenueGibsonvilleNC27249
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Property Description
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!
Full Property Details
Full Property Details for 500 Spence Ave
General
- Price: $460,000
- Taxes: $4,042
- Status: Active
- Type: Single Family
- MLS ID: 1135980
- Updated: 4/23/2024
- Added to Site: 44 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Built-in Features, Ceiling Fan(s), Pantry, Separate Shower, Vaulted Ceiling(s)
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room
- Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Upper - Full Baths: 1
- Main Floor Baths: 3
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Main Level, Washer Hookup
Additional Information
- Security/Safety: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Patio/Terrace: Yes
Parking
- Garage Description: Attached Garage, Side Load Garage
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Attached, Garage Faces Side
Location
- County: Alamance
- Subdivision: Forest Trace
- Driving Directions: I40/85, exit University Drive toward Elon, turn left on Westbrook Dr., turn left on Spence Ave., house is on left.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Square Feet Range: 2000 - 2400
- Heated/Cooled: 2000 - 2400 Sq. Ft.
- Year Built: 2001
Additional Structures
- Other Structures: Gazebo, Storage
Lot Features
- Lot Size (Acres): 0.36
- Fence: Yes
- Lot Features: Corner Lot, Level, Subdivided
- Fencing (Description): Fenced
Financial Considerations
- Price Per Acre: $1,277,777.7778
- Tax Amount: $4,042
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by eXp Realty, LLC
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Schools
Schools serving 500 Spence Ave
School District:Alamance-Burlington Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3720 Bonnar Bridge Rd, Burlington, NC 27215 | PK-5 | 2.7 mi | |
2100 Eldon Dr, Elon, NC 27244 | 6-8 | 4.8 mi | |
1731 N Nc Highway 87, Elon, NC 27244 | 9-12 | 4.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Spence Ave
Date
Details
Price
Change
Source
3/28/2024
Price Reduced
$460,000
-2.13%
MLS
3/14/2024
Listed
$470,000
108.89%
MLS
2/12/2016
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Spence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,062
33%
$440,582
71%
2022
$3,043
15%
$257,856
—
2021
$2,656
100%
$257,856
—
2020
-100%
$257,856
—
2019
$3,094
103%
$257,856
—
2018
$1,521
-47%
$257,856
—
2017
$2,862
-4%
$257,856
-6%
2016
$2,984
89%
$273,795
—
2015
$1,580
9%
$273,795
—
2014
$1,451
-2%
$273,795
—
2013
$1,478
—
$273,795
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Spence Ave
500 Spence Avenue, Gibsonville, NC 27249 (MLS# 1135980) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 500 Spence Avenue is currently listed for $460,000 and was received on March 14, 2024. Want to learn more about 500 Spence Avenue? Do you have questions about finding other Single Family real estate for sale in Gibsonville? You can browse all Gibsonville real estate or contact a Coldwell Banker agent to request more information.