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$225,000 -$4,000 (-1.75%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 509 5th St
General
- Price: $225,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4395795
- Updated: 10/11/2026
- Added to Site: 91 day(s) ago
Interior
- Fireplace: Yes
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Laundry Room
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached Garage
Location
- County: Rowan
School Information
- Elementary School: North Rowan
- Middle School: North Rowan
- High School: North Rowan
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Vinyl
- Main/1st Level: 1,620 Sq. Ft.
- Year Built: 1922
Lot Features
- Street/Road Desc.: Concrete, Paved
- Rcmdd Zoning: R-6
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 33222
- Lot Number: 1478-353
Listed by Lifestyle International Realty
Get Pre-Approved Today
Schools
Schools serving 509 5th St
School District:Rowan-Salisbury Schools
| Name | Grades | Distance |
|---|---|---|
North Rowan Elementary School 600 Charles Street, Spencer, NC 28159 | PK-5 | 0.9 mi |
North Rowan Middle School 512 Charles Street, Spencer, NC 28159 | 6-8 | 0.9 mi |
North Rowan High School 300 North Whitehead Avenue, Spencer, NC 28159 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 5th St
Date
Details
Price
Change
Source
10/11/2026
Price Reduced
$225,000
-1.75%
MLS
9/12/2026
Price Reduced
$229,000
-2.55%
MLS
7/13/2026
Listed
$235,000
176.47%
MLS
2/27/2026
Sold
$85,000
—
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 509 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,924
—
$170,295
—
2025
$1,924
—
$170,295
—
2023
$1,924
92%
$170,295
123%
2022
$1,000
—
$76,217
—
2021
$1,000
—
$76,217
—
2020
$1,000
—
$76,217
—
2019
$1,000
21%
$76,217
19%
2018
$828
—
$63,806
—
2017
$828
—
$63,806
—
2016
$828
—
$63,806
—
2015
$828
-5%
$63,806
-8%
2014
$870
2%
$69,117
—
2013
$851
—
$69,117
—
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 509 5th St
509 5th Street, Spencer, NC 28159 (MLS# 4395795) is a Single Family property with 3 bedrooms and 2 full bathrooms. 509 5th Street is currently listed for $225,000 and was received on July 13, 2026. Want to learn more about 509 5th Street? Do you have questions about finding other Single Family real estate for sale in Spencer? You can browse all Spencer real estate or contact a Coldwell Banker agent to request more information.

