NOT LISTED FOR SALE

504 N Chapel St Landis, NC 28088

Estimated Value: $226,000 - $261,000

3 Beds
2 Baths
1,303 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $64,000 $49 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,428/month

76 Days on Market

About This Home

As of April 2017

3 bedroom/2 bath home with kitchen and living room. Features some wood floors, carpet and vinyl flooring. Has porch, deck, and 1 car attached garage. HUD owned, case#381-887099, Insurability: IE, Subject to Appraisal, Seller makes no representations or warranties as to property condition, HUD Homes are sold “As-Is”, Pre-1978 Properties need to include the LBP (Lead-Based Paint) Notices, Equal Housing Opportunity, and Seller may contribute up to 3% for buyer’s closing costs upon buyer request.

Last Agent to Sell the Property

Jason Benham

JLF Management Group LLC License #203027 Listed on: 12/28/2016

Last Buyer's Agent

Lisa Carlton

Carolina Homes Realty License #203498

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.37

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 109200

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.92821
  • Ratio Close Price By Original Li: 0.92821
  • Ratio Current Price By Acre: 172972.97
  • Ratio Current Price By Sq Ft: 49.12
  • Year Built: 1953
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Room Count: 1
  • Main Level Sq Ft: 1303
  • Total Sq Ft: 1303

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Attached Garage, Garage - 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.370
  • Parcel Number: 109200
  • Zoning Specification: res

Tax Info

  • Tax Value: 81610.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Purpose Real Estate Group Llc
Bought by
Talbert Michael
Current Estimated Value
$240,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,840
Outstanding Balance
$213,282
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$18,247

Purchase Details

Closed on
Aug 1, 2023
Sold by
Molisani Tiffany and Molisani Nathan
Bought by
Purpose Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Plott Norris and Plott Chantle
Bought by
Plott Norris Brent and Plott Chantle Case

Purchase Details

Closed on
Jan 7, 2020
Sold by
Plott Norrish and Plott Chantle
Bought by
Molisani Nathan and Molisani Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 28, 2016
Closed on
Apr 13, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Plott Norris and Plott Chantle
Seller's Agent
Jason Benham
JLF Management Group LLC
Buyer's Agent
Lisa Carlton
Carolina Homes Realty
List Price
$68,950
Sold Price
$64,000
Premium/Discount to List
-$4,950
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Original Mortgage
$48,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2016
Sold by
Ditech Financial Llc
Bought by
The Secretary Of Hsng & Urban Developmen

Purchase Details

Closed on
Oct 21, 2016
Sold by
Hewitt James Daniel and Hewitt Joan E
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Hewitt James Daniel and Hewitt Joan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,260
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2008
Sold by
Campbell Kathy M
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 21, 2005
Sold by
Miller Byron S and Miller Angela R
Bought by
Campbell Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,001
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 4, 2004
Sold by
Citifinancial Mortgage Co
Bought by
Miller Byron S and Miller Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Wilson Jerry W and Wilson Lucretia
Bought by
Citifinancial Mortgage Co
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
Talbert Michael $227,500 None Listed On Document
Purpose Real Estate Group Llc $186,000 None Listed On Document
Plott Norris Brent -- None Available
Molisani Nathan $100,000 None Available
Plott Norris -- --
The Secretary Of Hsng & Urban Developmen -- Servicelink
Ditech Financial Llc $76,974 None Available
Hewitt James Daniel $80,000 None Available
Deutsche Bank National Trust Co $64,495 None Available
Campbell Kathy M $84,000 Chicago Title Insurance Co
Miller Byron S $48,500 --
Citifinancial Mortgage Co $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbert Michael $215,840
Previous Owner Purpose Real Estate Group Llc $180,000
Previous Owner Molisani Nathan $98,188
Previous Owner Plott Norris B $48,000
Previous Owner Plott Norris --
Previous Owner Hewitt James Daniel $73,260
Previous Owner Campbell Kathy M $25,001
Previous Owner Campbell Kathy M $58,999
Previous Owner Miller Byron S $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $64,000 -7.2% $49 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $68,950 -- $53 / 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 $1,885 $176,144 $30,000 $146,144
2024 $1,885 $176,144 $30,000 $146,144
2023 $1,885 $176,144 $30,000 $146,144
2022 $1,145 $96,392 $25,000 $71,392
2021 $1,145 $96,392 $25,000 $71,392
2020 $1,145 $96,392 $25,000 $71,392
2019 $1,145 $96,392 $25,000 $71,392
2018 $959 $81,610 $25,000 $56,610
2017 $918 $81,610 $25,000 $56,610
2016 $918 $81,610 $25,000 $56,610
2015 $932 $81,610 $25,000 $56,610
2014 $1,004 $88,825 $24,500 $64,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3238624

Canopy MLS (Canopy Realtor® Association)

APN: 109-200