Prime investment opportunity in a highly desirable Spring Lake location! This property is perfect for investors seeking a profitable venture in one of the area's most sought-after neighborhoods, known for its steady growth, excellent schools, and proximity to local amenities. Featuring a brand-new roof, it's offered 'as-is' and includes materials for the renovation, saving you both time and costs on the remodel. This home offers endless potential for customization and value enhancement, making it an ideal choice for resale or long-term rental in a market with rising property values. Don't miss out on this chance to invest in a property with exceptional income-generating possibilities in a high-demand area!
Single-familyProperty Type
1950Year Built
0.27 acresLot Size
$84Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Rosangela Leon• Profit Point Real Estate
Bought with Rosangela Leon• Profit Point Real Estate
Prime investment opportunity in a highly desirable Spring Lake location! This property is perfect for investors seeking a profitable venture in one of the area's most sought-after neighborhoods, known for its steady growth, excellent schools, and proximity to local amenities. Featuring a brand-new roof, it's offered ''as-is'' and includes materials for the renovation, saving you both time and costs on the remodel. This home offers endless potential for customization and value enhancement, making it an ideal choice for resale or long-term rental in a market with rising property values. Don't miss out on this chance to invest in a property with exceptional income-generating possibilities in a high-demand area!
TMLS #10016323
Jun 14, 2024
Sold
$55,000
$44/sq ft
Jun 10, 2024
Pending
—
Jun 4, 2024
Price Changed
$59,000
$47/sq ft
Jun 4, 2024
Relisted
—
Apr 2, 2024
Pending
—
Mar 13, 2024
Price Changed
$68,000
$54/sq ft
Mar 10, 2024
Listed
$72,000
$58/sq ft
+22
Are you an experienced investor looking for your next project? Look no further! This 3-bedroom, 1-bath home in Spring Lake, NC, presents a golden opportunity for those with a keen eye for potential. Let's be honest—the property needs work. But that's where your expertise comes in! A full rehab is required, including repairs to the roof and HVAC system. Whether you're envisioning a cozy family home or planning to flip it for profit, this property offers endless possibilities. Customize it to your heart's desire and create your forever home.
Public Records
Dec 1, 1985
Sold
$34,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,097 (+71.3%)
$11,000 + $72,917
$83,917
2024
$640 (+6.1%)
$6,250 + $55,834
$62,084
2023
$603 (+6.5%)
$6,250 + $55,834
$62,084
2022
$566
$6,250 + $55,834
$62,084
2021
$566
$6,250 + $55,834
$62,084
2020
$566
$6,250 + $55,834
$62,084
2019
$566 (+3.5%)
$6,250 + $44,850
$51,100
2018
$547
$6,250 + $44,850
$51,100
2017
$547 (−11.1%)
$6,250 + $44,850
$51,100
2016
$616
$6,250 + $44,850
$51,100
2015
$616
$6,250 + $56,750
$63,000
2014
$616
$6,250 + $56,750
$63,000
Tax history for 1228 Spring Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,097 (+71.3%)
$11,000 + $72,917
$83,917
2024
$640 (+6.1%)
$6,250 + $55,834
$62,084
2023
$603 (+6.5%)
$6,250 + $55,834
$62,084
2022
$566
$6,250 + $55,834
$62,084
2021
$566
$6,250 + $55,834
$62,084
2020
$566
$6,250 + $55,834
$62,084
2019
$566 (+3.5%)
$6,250 + $44,850
$51,100
2018
$547
$6,250 + $44,850
$51,100
2017
$547 (−11.1%)
$6,250 + $44,850
$51,100
2016
$616
$6,250 + $44,850
$51,100
2015
$616
$6,250 + $56,750
$63,000
2014
$616
$6,250 + $56,750
$63,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
1,248
Year built
1950
Style
Single Family Residential
County
Cumberland County
APN
0511165969000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R10
MCO
Residential District
Residential districts are composed of certain existing residential areas of the County and certain areas where similar residential development should be encouraged to occur. The regulations for these districts are designed to stabilize and protect the essential characteristics of each district by promoting and encouraging a suitable environment for family life and prohibiting certain incompatible activities of a commercial or industrial nature. To these ends, development is limited to dwellings that provide homes for the residents plus certain additional such uses as schools, parks, recreation facilities and certain other public facilities. This system of classification optimizes orderly development by providing a variety of living environments based on different levels of permitted population density, facilitating the adequate provision of transportation and other public services. A district designed primarily for single-family dwellings on lots with a lot area of 7,500 square feet or above.
Zone overlays
Military Corridor Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Fire house
Library
Golf related
Sep 24, 2026 • Active
Residential addition
Addition
Aug 18, 2025 • Final
Residential mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Open Parking: Yes
Open Parking Spaces: 4
Parking Features: Garage
Parking Total: 6
Interior
Bathroom Information
Bathrooms Full: 1
Bedroom Information
Bedrooms Total: 4
Interior Features
Door Features: French Doors
Flooring: None
Exterior
Building Information
Construction Materials: Vinyl Siding
Building Area Total: 1248.0
Structure Type: House
Exterior Features
Foundation Details: Other
Fencing: None
Roof: Shingle
Property information
Accessibility Features: Accessible Bedroom, Accessible Common Area
Above Grade Finished Area: 1248.0
Below Grade Finished Area: 0.0
Levels: One
Property Condition: Fixer
Lot Information
Lot Size Acres: 0.27
Lot Size Area: 0.27
Lot Size Square Feet: 11761.2
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 510.49
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank
Utilities: Electricity Not Available, Septic Connected, Water Connected
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Heat Pump
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
School Information
Elementary School: Cumberland - Manchester
Middle Or Junior School: Cumberland - Spring Lake
High School: Cumberland - Pine Forest
Location Information
County Or Parish: Cumberland
Directions: 1228 spring ave
Latitude: 35.170512
Longitude: -78.961292
Postal Code: 28390
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,248
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Cumberland County
APN: 0511165969000
Home facts updated by county records on Jul 13, 2026
Other
Listing Date Information
Contract Status Change Date: 2024-12-27
Photos Change Timestamp: 2024-11-10T16:16:38Z
Price Change Timestamp: 2024-11-18T20:00:51Z
Listing Price Information
Previous List Price: 105000.0
Around this home
Schools
William T Brown Elementary
Public PreK-5 • Assigned • 0.8mi
6/10
Spring Lake Middle
Public 6-8 • Assigned • 0.3mi
6/10
Pine Forest High
Public 9-12 • Assigned • 4.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
11% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
6/10 Wind Factor
73% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Spring Lake, NC • 28390
Average low and high temperatures (°F)
51
30
57
37
72
47
79
56
81
62
90
70
92
75
84
70
83
66
74
53
67
46
56
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$100,000 – $121,000
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