NOT LISTED FOR SALE

501 Edwards St Rutherfordton, NC 28139

Estimated Value: $515,000 - $899,681

4 Beds
2.5 Baths
2,806 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $795,000 $283 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,868/month

172 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Recreation Facilities
  • Traditional Architecture
  • Terrace
  • Separate Outdoor Workshop

About This Home

As of March 2022

This stunning 20 acre estate now has a rental incoming producing apartment! An immaculate two-story brick home featuring a formal sitting room and a large detached long-term rental. The main level of the home boasts large kitchen, a formal dining room, a sitting room, a dining area, a living room, the laundry room and pantry, a two-car garage, and the sunroom with floor-to-ceiling windows to revel in the beauty of the outdoors from the comfort of your new home. Head to the upper level to the four bedrooms, including the master suite with large walk-in closets and changing room, two full baths, and a rooftop terrace. The basement features a billiards room connected to a family room so that everyone can enjoy a few games, there is also an 800 bottle environmental-controlled wine room. The open floor plan apartment features a large living room and dining room area, one bedroom, one bathroom, a kitchen, and workshop with an oversized drive through doorway.

Last Agent to Sell the Property

Caleb Pohlman

WEICHERT, Realtors - Unlimited License #299589 Listed on: 08/18/2021

WEICHERT, Realtors - Unlimited

Last Buyer's Agent

Caleb Pohlman

WEICHERT, Realtors - Unlimited License #299589 Listed on: 08/18/2021

WEICHERT, Realtors - Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1987

Lot Details

  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Zoning described as R1

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Terrace
  • Separate Outdoor Workshop

Utilities

  • Geothermal Heating and Cooling

Community Details

  • Recreation Facilities
  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 1602067

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,429

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1987
  • Ratio Current Price By Acre: 39181.86
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1348
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1200
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 176
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1376
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1458
  • Porch: Back,Front,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 2806
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Auto Shop, In-Ground Irrigation, Rooftop Terrace, Terrace, Workshop
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Rutherfordton
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 545
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Parking Space - 3

Utilities

  • Heating: Geothermal
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Long Range View, Paved, Rolling Slope, Wooded, Views
  • Lot Size Area: 20.29
  • Lot Size Units: Acres
  • Parcel Number: 1602067
  • Additional Parcels Description: 1654503
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 1.75266

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Mar 17, 2022
Sold by
Suttles Beverly A
Bought by
Bennett Charles C and Orlin Janet R
Seller's Agent
Caleb Pohlman
WEICHERT, Realtors - Unlimited
Buyer's Agent
Caleb Pohlman
WEICHERT, Realtors - Unlimited
List Price
$839,000
Sold Price
$795,000
Premium/Discount to List
-$44,000
-5.24%
Total Days on Market
172
Current Estimated Value
$659,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,080
Avg. Annual Appreciation
-4.78%

Purchase Details

Closed on
Jan 7, 2005
Sold by
Davis Wanda C
Bought by
Suttles Donald D and Suttles Beverly A
Source: Public Records

Range of Values:

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Average Value
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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
Bennett Charles C $795,000 Joseph R Hurwitz Hurwitz Law P
Suttles Donald D $390,000 None Avelable
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $795,000 -5.2% $283 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
08/18/2021 08/18/21 For Sale $839,000 -- $299 / 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 $4,429 $500,400 $26,400 $474,000
2024 $4,219 $500,400 $26,400 $474,000
2023 $5,763 $633,400 $26,400 $607,000
2022 $5,763 $488,800 $22,400 $466,400
2021 $5,524 $488,800 $22,400 $466,400
2020 $5,524 $488,800 $22,400 $466,400
2019 $5,516 $488,800 $22,400 $466,400
2018 $5,574 $478,700 $39,600 $439,100
2016 $5,574 $478,700 $39,600 $439,100
2013 -- $478,700 $39,600 $439,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3772596

Canopy MLS (Canopy Realtor® Association)

APN: 1602067