NOT LISTED FOR SALE

216 Walnut Ave Rhodhiss, NC 28666

Estimated Value: $36,000 - $141,976

2 Beds
1 Bath
937 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

Last sale price $40,000 $43 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $526 / mo

64 Days on Market

Highlights

  • Water Views
  • 1-Story Property
  • Wood Siding
  • Granite Falls Elementary School Rated A-

About This Home

As of January 2025

GREAT INVESTMENT OPPORTUNITY in Rhodhiss! This property, located in the serene town of Rhodhiss, offers endless potential for investors or someone looking to create their dream home. Built in 1904, this 2-bedroom, 1-bath home sits on a .23-acre lot and is sold AS IS. The house has been completely gutted down to the studs, allowing you to bring your vision to life with "good bones" as the foundation. The roof was replaced 3 years ago, adding extra value to this investment. Enjoy partial lake views of Rhodhiss and the charm of the surrounding area. The historic nature of the home combined with its desirable location makes it perfect for those ready to invest in a renovation project.

Last Agent to Sell the Property

Becca Ramsey

C. Rice and Associates LLC Brokerage Email: becca.criceandassociates@gmail.com Listed on: 10/23/2024

Last Buyer's Agent

Becca Ramsey

C. Rice and Associates LLC Brokerage Email: becca.criceandassociates@gmail.com Listed on: 10/23/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • Property is zoned R-10

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Granite Falls Elementary And Middle School
  • South Caldwell High School

Listing and Financial Details

  • Assessor Parcel Number 08 2R 1 95

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1904
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 42.69
  • Geocode Confidence: Medium
  • Attribution Contact: becca.criceandassociates@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 937
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 513
  • Sq Ft Unheated Total: 513
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 937
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 937
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Rhodhiss
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: N/A
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Granite Falls
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 08 2R 1 95
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Granite Falls
  • High School: South Caldwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Jan 23, 2025
Sold by
Weaver Jessica
Bought by
Rojas Juan Elias Salama
Seller's Agent
Becca Ramsey
C. Rice and Associates LLC
Buyer's Agent
Becca Ramsey
C. Rice and Associates LLC
List Price
$70,000
Sold Price
$40,000
Premium/Discount to List
-$30,000
-42.86%
Views
74
Current Estimated Value
$93,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,659
Avg. Annual Appreciation
98.60%
Original Mortgage
$24,000
Outstanding Balance
$14,199
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$79,460

Purchase Details

Closed on
Nov 11, 2021
Sold by
Reo Acceptance Corp Ii Llc
Bought by
Weaver Jessica

Purchase Details

Closed on
May 4, 2017
Sold by
National Home Investors Llc
Bought by
Reo Acceptance Corp Ii

Purchase Details

Closed on
Nov 5, 2001
Sold by
Gosnell Penny G
Bought by
Green Penny G

Purchase Details

Closed on
Apr 1, 1999
Bought by
Gosnell Penny G

Purchase Details

Closed on
Sep 1, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Rojas Juan Elias Salama $40,000 None Listed On Document
Weaver Jessica $5,250 None Listed On Document
Reo Acceptance Corp Ii $1,000 None Available
Green Penny G -- --
Gosnell Penny G $45,000 --
-- $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Juan Elias Salama $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $40,000 -20.0% $43 / Sq Ft
11/16/2024 11/16/24 Price Changed $50,000 -28.6% $53 / Sq Ft
10/23/2024 10/23/24 For Sale $70,000 -- $75 / Sq Ft
Source: Canopy MLS

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 $345 $44,500 $9,700 $34,800
2024 $3 $28,300 $8,100 $20,200
2023 $352 $28,300 $8,100 $20,200
2022 $345 $28,300 $8,100 $20,200
2021 $345 $28,300 $8,100 $20,200
2020 $487 $39,800 $8,100 $31,700
2019 $487 $39,800 $8,100 $31,700
2018 $487 $39,800 $0 $0
2017 $487 $39,800 $0 $0
2016 $491 $39,800 $0 $0
2015 $474 $39,800 $0 $0
2014 $474 $39,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4194325

Canopy MLS

APN: 08-2R-1-95

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