NOT LISTED FOR SALE

504 E Rice St Landis, NC 28088

Estimated Value: $252,000 - $283,000

3 Beds
2 Baths
1,460 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $200,000 $137 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,548/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Burning Fireplace
  • Attached Garage
  • Level Lot

About This Home

As of February 2021

Recently remodeled home that shows off the charm of its era while incorporating modern finishes & colors. The front porch welcomes you as you enter your new home. Cozy up in front of the wood burning fireplace or enjoy a cup of coffee on your back deck. The kitchen is a cooks dream with soft close cabinets, tons of counter space, deep sink & stainless steel appliances. A true master suite includes one of two full bathrooms in the home. Renovation completed around 2016 included new siding, gutters, gas pack & AC, and hot water heater. The carport has been converted into a 1 car garage. With it's charm, great location (on a dead end street) and custom touches, this home will not last long!

Last Agent to Sell the Property

Jamie Sherrill

NextHome Advantage License #138475 Listed on: 12/11/2020

NextHome Advantage

Last Buyer's Agent

Carmady Kruger

Lantern Realty & Development LLC License #287665

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.34

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Laminate
  • Tile

Additional Features

  • Outbuilding
  • Level Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 108096

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00050
  • Ratio Close Price By Original Li: 1.00050
  • Ratio Current Price By Acre: 588235.29
  • Ratio Current Price By Sq Ft: 136.99
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Microwave
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Cabinets in the master bedroom that are attached to the wall
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Split BR Plan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1460
  • Total Sq Ft: 1460
  • Sq Ft Unheated Main: 333
  • Sq Ft Unheated Total: 333

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 100Rx150x100x150
  • Lot Features: Level
  • Lot Size Area: 0.340
  • Parcel Number: 108096
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 100833.00
  • Tax Location: Landis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 3, 2021
Sold by
Larsen William Benjamin and Larsen Elizabeth Clair
Bought by
Gillespie Jessica
Seller's Agent
Jamie Sherrill
NextHome Advantage
Buyer's Agent
Carmady Kruger
Lantern Realty & Development LLC
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$256,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,963
Avg. Annual Appreciation
6.32%
Original Mortgage
$196,377
Outstanding Balance
$175,738
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$87,960

Purchase Details

Closed on
Apr 27, 2016
Sold by
Rabon Proerties Llc
Bought by
Larsen William Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2014
Sold by
Bank Of America Na
Bought by
Rabon Properties Llc

Purchase Details

Closed on
Apr 1, 2014
Sold by
Turner Melba and Turner Michael J
Bought by
Bank Of America Na
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
Gillespie Jessica $200,000 Investors Title Insurance Co
Larsen William Benjamin $128,000 None Available
Rabon Properties Llc $45,000 None Available
Bank Of America Na $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Jessica $196,377
Previous Owner Larsen William Benjamin $130,000
Previous Owner Turner Melba $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $200,000 +0.1% $137 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $199,900 -- $137 / 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 $1,697 $158,591 $32,200 $126,391
2024 $1,697 $158,591 $32,200 $126,391
2023 $1,697 $158,591 $32,200 $126,391
2022 $1,197 $100,833 $27,025 $73,808
2021 $1,197 $100,833 $27,025 $73,808
2020 $1,197 $100,833 $27,025 $73,808
2019 $1,197 $100,833 $27,025 $73,808
2018 $1,015 $86,417 $27,025 $59,392
2017 $973 $86,417 $27,025 $59,392
2016 $973 $86,417 $27,025 $59,392
2015 $987 $86,417 $27,025 $59,392
2014 $971 $85,915 $24,150 $61,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3689643

Canopy MLS (Canopy Realtor® Association)

APN: 108-096