NOT LISTED FOR SALE

140 Rakes Rd Rockwell, NC 28138

Estimated Value: $236,000 - $307,000

2 Beds
1 Bath
1,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $155,000 $111 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,524/month

5 Days on Market

Highlights

  • 3.87 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of December 2020

Looking for that home with country charm located on 3.87 acres? This is the home for you! Beautiful 1.5 story home is located in East Rowan area and ready for you to make it your own. This 2 BR, 1 bath home is unique and screams old world charm. Come see the beautiful fireplaces, original hard wood flooring and remodeled bath. Large kitchen/dining with extra pantry storage in laundry. Home has extra living space that can be used as a cozy den or family room. Main level also has exercise/office space. Spacious bedrooms, one with walk in closet are located on upper level. Upstairs is unheated but contains 683 sf. Enjoy the beautiful scenery and quiet setting! Schedule your showing and make this your new home today!

Last Agent to Sell the Property

Teresa Rufty

TMR Realty, Inc. License #210189 Listed on: 10/26/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1900

Lot Details

  • 3.87 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Charles C. Erwin Middle School
  • East Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 388067
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.87
  • Lot Size: see GIS
  • Subdivision Name: None
  • Directions: Please use GPS
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1900
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1304
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Rolling Slope
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Shive
  • High School: East Rowan
  • Middle Or Junior School: Charles C. Erwin

Lot Info

  • Parcel #: 388067
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 43669.2506
  • TRIADMLS_DeedPage: 281
  • TRIADMLS_DeedBook: 1146
  • TRIADMLS_AcresRange: 3 - 4

Tax Info

  • Tax Annual Amount: 942.89
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.6575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 1, 2020
Sold by
Jordan Randy E and Jordan Barbara J
Bought by
Ahmad Kaher
Seller's Agent
Teresa Rufty
TMR Realty, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$155,000
Current Estimated Value
$266,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,838
Avg. Annual Appreciation
11.77%
Original Mortgage
$139,500
Outstanding Balance
$124,418
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,420

Purchase Details

Closed on
Apr 16, 2014
Sold by
Jordan Len Eugene and Jordan Jane Ann
Bought by
Jordan Randy E

Purchase Details

Closed on
Jul 20, 2009
Sold by
Jordan Randy E and Jordan Xochitl
Bought by
Jordan Len Eugene and Jordan Jane Ann

Purchase Details

Closed on
Jul 9, 2009
Sold by
Wells Fargo Financial North Carolina 1 I
Bought by
Jordan Randy E and Jordan Xochitl

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bodenheimer David Michael and Bodenheimer Wanda B
Bought by
Wells Fargo Financial North Carolina I I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahmad Kaher $155,000 Fidelity National Ttl Co Llc
Jordan Randy E -- None Available
Jordan Len Eugene -- None Available
Jordan Randy E $57,000 None Available
Wells Fargo Financial North Carolina I I $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Kaher $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $155,000 -- $141 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,536 $229,226 $68,777 $160,449
2024 $1,536 $229,226 $68,777 $160,449
2023 $1,536 $229,226 $68,777 $160,449
2022 $1,041 $139,252 $55,273 $83,979
2021 $1,041 $139,252 $55,273 $83,979
2020 $1,041 $139,252 $55,273 $83,979
2019 $1,041 $139,252 $55,273 $83,979
2018 $929 $125,274 $55,273 $70,001
2017 $934 $125,274 $55,273 $70,001
2016 $943 $125,274 $55,273 $70,001
2015 $943 $125,274 $55,273 $70,001
2014 $873 $121,214 $48,282 $72,932
Source: Public Records

Agents Affiliated with this Home

  • Teresa Rufty

    Seller's Agent in 2020

    Teresa Rufty

    TMR Realty, Inc.

    (704) 433-2582

    27 in this area

    315 Total Sales

    Teresa Rufty
    Section Image

  • N

    Buyer's Agent in 2020

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 000808

Triad MLS

APN: 388-067

North Carolina Rowan County Rockwell 28138

140 Rakes Rd, Rockwell, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes