NOT LISTED FOR SALE

503 W Rice St Landis, NC 28088

Estimated Value: $424,000 - $513,812

3 Beds
3 Baths
3,187 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $260,000 $82 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,969/month

62 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Gas Log Fireplace
  • Wood Flooring
  • Level Lot

About This Home

As of October 2019

The tax records have this home at an effective build year of 1990. A new air and heat system plus duct work in 2017. Some of the electric was updated in 2016. The crawl space has vents and wells installed, replaced insulation and a moisture shield put down in 2017. A new sump pump has been installed 2019. Attic has new insulation 2017. Gutters were replaced on house 2017. Roof put on approximately 2013. Entrance doors in the laundry room and front replaced 2018. Window treatments will remain. Two storage sheds one with electric. The rear of the detached two car garage is a studio apartment for added income or a 'mother in law' suite with living room/bedroom, a small kitchenette and a full bath. The potential is unlimited and ready to move your family into. It sits on a corner lot surrounded by pecan and oak trees. The middle school, public pool and downtown are within walking distance. Ready to move in to for the next school year!

Last Agent to Sell the Property

Rita Geoppner

Call It Closed International Inc License #283974 Listed on: 06/17/2019

Last Buyer's Agent

Susie Raymond

Southern Homes of the Carolinas, Inc License #282577

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 0.54

Parking

  • 2

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 106108

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94545
  • Ratio Close Price By Original Li: 0.86667
  • Ratio Current Price By Acre: 481481.48
  • Ratio Current Price By Sq Ft: 81.58
  • Year Built: 1928
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished, Brick, Crawl Space
  • Upper Level Sq Ft: 552
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Dishwasher, Gas Range, Refrigerator, Gas Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters: Exterior Not Connected
  • Second Living Quarters Hla: 535
  • Main Level Sq Ft: 2635
  • Total Sq Ft: 3187
  • Sq Ft Unheated Basement: 361
  • Sq Ft Unheated Total: 361

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Corriher-lipe
  • High School: South Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.540
  • Parcel Number: 106108
  • Zoning Specification: City

Tax Info

  • Tax Value: 206987.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Oct 1, 2019
Sold by
Olson Stephen W and Olson Monica L
Bought by
Priggemeier Diane Ruth and Priggemeier Charles Gilbert
Seller's Agent
Rita Geoppner
Call It Closed International Inc
Buyer's Agent
Susie Raymond
Southern Homes of the Carolinas, Inc
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Current Estimated Value
$462,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,776
Avg. Annual Appreciation
10.71%
Original Mortgage
$255,290
Outstanding Balance
$228,672
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$244,152

Purchase Details

Closed on
May 20, 2016
Sold by
Pethel Darvin D and Pethel Tana B
Bought by
Olson Stephen W and Olson Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,105
Interest Rate
3.66%
Mortgage Type
VA

Purchase Details

Closed on
May 16, 2013
Sold by
Bank Of The Carolinas
Bought by
Pethel Darvin D and Pethel Tana B

Purchase Details

Closed on
Sep 26, 2012
Sold by
Solomon Sidney Nolan
Bought by
Bank Of The Carolinas

Purchase Details

Closed on
Jul 31, 2008
Sold by
Solomon Skylia W
Bought by
Solomon Ii Sidney Nolan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
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
Priggemeier Diane Ruth $260,000 None Available
Olson Stephen W $185,000 None Available
Pethel Darvin D $70,500 None Available
Bank Of The Carolinas $90,000 None Available
Solomon Ii Sidney Nolan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priggemeier Diane Ruth $255,290
Previous Owner Olson Stephen W $191,105
Previous Owner Solomon Ii Sidney Nolan $99,000
Previous Owner Solomon Ii Sidney N $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $260,000 -5.5% $82 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $275,000 -3.7% $86 / Sq Ft
07/02/2019 07/02/19 Price Changed $285,500 -4.8% $90 / Sq Ft
06/17/2019 06/17/19 For Sale $300,000 -- $94 / 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 $5,214 $487,281 $34,500 $452,781
2024 $5,214 $487,281 $34,500 $452,781
2023 $5,214 $487,281 $34,500 $452,781
2022 $2,964 $249,566 $28,175 $221,391
2021 $2,964 $249,566 $28,175 $221,391
2020 $2,964 $249,566 $28,175 $221,391
2019 $2,964 $249,566 $28,175 $221,391
2018 $2,431 $206,987 $28,175 $178,812
2017 $2,329 $206,987 $28,175 $178,812
2016 $1,750 $155,524 $28,175 $127,349
2015 $1,777 $155,524 $28,175 $127,349
2014 $1,798 $159,098 $27,025 $132,073
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3517437

Canopy MLS (Canopy Realtor® Association)

APN: 106-108