NOT LISTED FOR SALE

505 E Rice St Landis, NC 28088

Estimated Value: $156,000 - $183,679

2 Beds
1 Bath
720 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $65,000 $90 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $990/month

142 Days on Market

Highlights

  • A-Frame Home
  • Shed
  • Level Lot
  • Wood Flooring
  • Storm Doors

About This Home

As of November 2018

**Attention First Time Home Buyers!!!** Do not pass up this wonderful opportunity to own your very own affordable home! This 2 bed one bath features a NEW roof, NEW windows, NEW hardwood flooring, NEW water heater, NEW kitchen, and updated electrical! Great potential for all you investors too!! Current tenants pay $700 monthly and are on a month to month lease agreement.

Last Agent to Sell the Property

Brittany Craig

Coldwell Banker- CK Select License #289076 Listed on: 06/01/2018

Coldwell Banker- CK Select

Co-Listed By

Kirk Hanson

Coldwell Banker- CK Select License #235328

Last Buyer's Agent

Deborah Johnson

Century 21 Towne and Country License #187932

Century 21 Towne and Country

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 7,841

Home Design

  • A-Frame Home
  • Asbestos Siding

Additional Features

  • Wood Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 108-092

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 361111.11
  • Ratio Current Price By Sq Ft: 90.28
  • Year Built: 1945
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Cooktop Electric, Dishwasher, Electric Dryer Hookup, Refrigerator
  • Flooring: Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 720
  • Total Sq Ft: 720

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Electric Baseboard Heat, Wall Unit - AC, Window Unit
  • 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: 55x150x55x150
  • Lot Features: Level
  • Lot Size Area: 0.180
  • Parcel Number: 108-092
  • Plat Reference Section Pages: 726
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 31656.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Nov 16, 2018
Sold by
Landon O Bryan
Bought by
Carter Gregory K
Seller's Agent
Brittany Craig
Coldwell Banker- CK Select
Buyer's Agent
Deborah Johnson
Century 21 Towne and Country
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$164,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,170
Avg. Annual Appreciation
14.24%
Original Mortgage
$35,000
Outstanding Balance
$30,834
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$129,274

Purchase Details

Closed on
Mar 28, 2017
Sold by
Bryan David M O
Bought by
Bryan Landon O

Purchase Details

Closed on
Feb 3, 2017
Sold by
Wyatt Jimmy Ray and Carlson Debra
Bought by
Bryan David M O
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
Carter Gregory K $65,000 None Available
Bryan Landon O $25,000 None Available
Bryan David M O $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Gregory K $35,000
Previous Owner Obryan Landon $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $65,000 0.0% $90 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $65,000 -- $90 / 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 $1,146 $107,129 $28,000 $79,129
2024 $1,146 $107,129 $28,000 $79,129
2023 $1,146 $107,129 $28,000 $79,129
2022 $932 $78,485 $23,500 $54,985
2021 $932 $78,485 $23,500 $54,985
2020 $932 $78,485 $23,500 $54,985
2019 $932 $78,485 $23,500 $54,985
2018 $372 $31,656 $23,500 $8,156
2017 $301 $26,752 $23,500 $3,252
2016 $549 $48,819 $23,500 $25,319
2015 $558 $48,819 $23,500 $25,319
2014 $536 $47,392 $21,000 $26,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3398425

Canopy MLS (Canopy Realtor® Association)

APN: 108-092