NOT LISTED FOR SALE

504 S Correll St Landis, NC 28088

Estimated Value: $299,081

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold May 07, 2021

Last sale price $215,000

Est. 39% increase in value since last sale

Current estimated payment $1,727/month

372 Days on Market

About This Home

As of May 2021

Wonderful commercial location in the Heart of Landis! Close to I-85 and surrounding cities. Currently used as a church and fellowship hall, this property offers 2 brick buildings with multiple offices/classrooms. Building used as a church offers 2,647 sf for the sanctuary and additional 2,656 sf on 1st floor/basement area that has 6 classrooms and one office. Fellowship hall offers 2nd floor with 2,136 sf for auditorium, kitchen and bath. Also, 1st floor area has 2,035 sf of 5 classrooms and baths. Great office/showroom location for any business, restaurant, retail, church,etc. Seller is willing to pay $13,000 toward ceiling repairs in sanctuary with full price offer. Great Parking with multi entrances. Perfect for multi purpose/special use. Book your showing today.

Last Agent to Sell the Property

Teresa Rufty

TMR Realty, Inc. License #210189 Listed on: 02/18/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1949

Lot Details

  • Corner Lot
  • Property is zoned R6

Community Details

  • No Home Owners Association
  • 9,565 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 108030/10803104

Property Details

Property Type

Other

Est. Annual Taxes

$1,169

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Remarks
  • Lot Size: Irregular
  • Directions: Per Mapquest
  • Year Built: 1949
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, Corner Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 108030/10803104
  • Zoning: R6
  • TRIADMLS_DeedPage: 976
  • TRIADMLS_DeedBook: 970
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 20, 2021
Sold by
Board Of Home Missions And Evangelism
Bought by
Kimberlin William B and Kimberlin Sharon
Seller's Agent
Teresa Rufty
TMR Realty, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Current Estimated Value
$299,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,081
Avg. Annual Appreciation
7.40%
Original Mortgage
$165,000
Outstanding Balance
$150,481
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,004

Purchase Details

Closed on
Apr 14, 2003
Bought by
Board Of Home Missions
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
Kimberlin William B -- None Available
Board Of Home Missions -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimberlin William B $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $215,000 -14.0% --
02/25/2021 02/25/21 Pending -- -- --
02/18/2020 02/18/20 For Sale $250,000 -- --
Source: Triad MLS

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 $1,169 $109,264 $28,000 $81,264
2024 $1,169 $109,264 $28,000 $81,264
2023 $1,169 $109,264 $28,000 $81,264
2022 $1,846 $155,488 $23,500 $131,988
2021 $1,846 $155,488 $23,500 $131,988
2020 $1,846 $155,488 $23,500 $131,988
2019 $1,846 $155,488 $23,500 $131,988
2018 $1,494 $125,299 $23,500 $101,799
2017 $1,410 $125,299 $23,500 $101,799
2016 $1,410 $125,299 $23,500 $101,799
2015 $1,432 $125,299 $23,500 $101,799
2014 $1,526 $135,015 $21,000 $114,015
Source: Public Records

Agents Affiliated with this Home

  • Teresa Rufty

    Seller's Agent in 2021

    Teresa Rufty

    TMR Realty, Inc.

    (704) 433-2582

    27 in this area

    331 Total Sales

    Teresa Rufty
    Section Image

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 966628

Triad MLS

APN: 108-03104

North Carolina Rowan County Landis 28088

504 S Correll St, Landis, NC

This home is located at 504 S Correll St, Landis, NC 28088 since 18 February 2020 and is currently estimated at $299,081. This property was built in 1949. 504 S Correll St is a home located in Rowan County with nearby schools including Landis Elementary School, Corriher Lipe Middle School, and South Rowan High School.

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