703 5th Street, Spencer, NC 28159
None · Rowan County
Key Facts
Description
Charming 1916 home full of character and timeless appeal! This 4-bedroom 2-bathroom home is the perfect opportunity for buyers looking to restore and customize a classic beauty. Featuring spacious rooms and a classic layout. While it does need some TLC, the possibilities are endless—whether you’re an investor or a homeowner with a vision. New roof and HVAC in 2021. Conveniently located don’t miss out on this unique opportunity! Spencer is home to the NC Transportation Museum!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1916
Living Area
1,865 sq ft
Garage Spaces
1
Zoning
R8
Days on Market
85
MLS® Listing#
4361601
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Other Structures
Sewer
Water Source
Schools
- Elementary:
- North Rowan
- Middle:
- North Rowan
- High:
- North Rowan
Financial Details
HOA
None
Assessed Value
$173,835
Parcel Number
033135
Directions
From I-85 Take exit 79 toward Spencer. Turn left onto Old Union Church Rd. Turn left onto N Whitehead Ave. Turn left onto Fifth St. The destination is on your right.
Affordability Calculator
$38,000
Estimated monthly payment
$1,011/mo
Principal $152,000 · Est. interest $212,054 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spencer, NC
- $260,000
- Median Listing Price
- 118
- Median Days on Market
- 1,705
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 14
- Active Listings
- This home’s price is 27% below the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spencer, NC.
Location
Points of Interest in Spencer, NC
Showing the Spencer area map.
Nearby Schools
North Rowan High School
Secondary · 0.6 mi away
North Rowan Elementary
Elementary · 0.9 mi away
North Rowan Middle
Secondary · 0.9 mi away
Rowan Salisbury School System
School · 1.5 mi away
Henderson Independent High School
Secondary · 1.5 mi away
Dole Elementary
Elementary · 1.9 mi away
Overton Elementary
Elementary · 1.9 mi away
Wallace Education Forum
School · 2.1 mi away
East Rowan
Secondary · 2.2 mi away
North Hills Christian School
School · 2.4 mi away
St John's Lutheran Church
Elementary · 2.5 mi away
Salisbury High School
Secondary · 3.2 mi away
Bethel Lutheran Church
School · 3.5 mi away
Isenberg Elementary
Elementary · 3.6 mi away
Salisbury Academy
School · 3.9 mi away
Sacred Heart Catholic School
School · 3.9 mi away
Salisbury Adventist School
School · 4.0 mi away
Enon Baptist Church
School · 5.0 mi away
Elizabeth Duncan Koontz Elementary School
Elementary · 5.7 mi away
Granite Quarry Elementary School
Elementary · 5.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 414 S Rowan Avenue, Spencer, NC | $149,900 | 5 | 1 | 2,273 |
| 613 E 5th Street, Spencer, NC | $165,000 | 3 | 2 | 2,049 |
| 1212 S Salisbury Avenue, Spencer, NC | $205,000 | 4 | 2 | 1,069 |
| 509 5th Street, Spencer, NC | $235,000 | 3 | 2 | 1,620 |
| 1129 3rd Street, Spencer, NC | $235,000 | 3 | 2 | 1,098 |
| 414 S Spencer Avenue, Spencer, NC | $239,000 | 3 | 1 | 1,536 |
Moving Cost Estimate
EXIT Agents in Spencer
Listing Courtesy: WEICHERT REALTORS-LKN Partners - candice@weichertlkn.com
Last Updated: 2026-03-28
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