NOT LISTED FOR SALE

367 S Strand Dr Norwood, NC 28128

Estimated Value: $466,399 - $627,000

3 Beds
1 Bath
1,144 Sq Ft
$460/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $348,000 $304 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,118/month

57 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • Open Floorplan
  • Ranch Style House
  • Breakfast Bar

About This Home

As of June 2021

Charming cottage on Lake Tillery with over 160Ft of shoreline. 3 BR, 1 BA with hardwood floors. Great open floor plan. Kitchen has granite counters & stainless appliances. Breakfast bar & separate dining area. Covered side porch, and screened porch on the lakeside. Fenced yard on the lakeside. Single stall boathouse with top deck. City water & sewer are connected. The Boathouse Marina is in close proximity to the home.

Last Agent to Sell the Property

Christi Gallagher

Carolina Choice Realty License #246584 Listed on: 02/22/2021

Last Buyer's Agent

Mary Allen

Corcoran HM Properties License #188051

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • Waterfront

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-03-10-9955

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94565
  • Ratio Current Price By Acre: 1288888.89
  • Ratio Current Price By Sq Ft: 304.20
  • Year Built: 1954
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range
  • Flooring: Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Window Treatments
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1144
  • Total Sq Ft: 1144

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 168 X 70
  • Lot Features: Lake, Lake Access, Water view, Waterfront
  • Lot Size Area: 0.270
  • Parcel Number: 6574-03-10-9955
  • Plat Reference Section Pages: 2:159
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 231600.00
  • Tax Location: Norwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jun 14, 2021
Sold by
Rutledge Larry J and Rutledge Jessica W
Bought by
Wilhoit Robert A and Wilhoit Kristy L
Seller's Agent
Christi Gallagher
Carolina Choice Realty
Buyer's Agent
Mary Allen
Corcoran HM Properties
List Price
$368,000
Sold Price
$348,000
Premium/Discount to List
-$20,000
-5.43%
Current Estimated Value
$526,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,600
Avg. Annual Appreciation
10.29%
Original Mortgage
$348,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2011
Bought by
Rutledge Larry J

Purchase Details

Closed on
Mar 24, 2010
Sold by
West Eston G and West Mary P
Bought by
Rutledge Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,950
Interest Rate
4.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2010
Sold by
West Eston G and West Mary P
Bought by
Rutledge Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,950
Interest Rate
4.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2008
Sold by
West Eston G and West Jackie S
Bought by
West Eston G and West Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Gattis Jerry L and Gattis Gwendolyn A
Bought by
West Eston G and West Jackie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilhoit Robert A $348,000 None Available
Rutledge Larry J -- --
Rutledge Larry J $19,000 None Available
Rutledge Larry J $271,500 None Available
West Eston G -- None Available
West Eston G $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilhoit Robert A $20,000
Open Wilhoit Robert A $127,500
Closed Wilhoit Robert A $348,000
Previous Owner Rutledge Larry J $18,950
Previous Owner Rutledge Larry J $266,140
Previous Owner West Eston G $315,000
Previous Owner West Eston G $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $348,000 0.0% $304 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $348,000 -5.4% $304 / Sq Ft
02/22/2021 02/22/21 For Sale $368,000 -- $322 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,057 $343,457 $201,213 $142,244
2024 $2,645 $259,281 $166,521 $92,760
2023 $2,645 $259,281 $166,521 $92,760
2022 $2,593 $259,281 $166,521 $92,760
2021 $2,611 $259,281 $166,521 $92,760
2020 $2,448 $231,600 $159,583 $72,017
2019 $1,388 $231,600 $159,583 $72,017
2018 $64 $231,600 $159,583 $72,017
2017 $2,455 $231,600 $159,583 $72,017
2016 $2,296 $216,618 $145,706 $70,912
2015 $2,497 $216,618 $145,706 $70,912
2014 $2,193 $216,618 $145,706 $70,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3710386

Canopy MLS (Canopy Realtor® Association)

APN: 6574-03-10-9955