NOT LISTED FOR SALE

506 E Rice St Landis, NC 28088

Estimated Value: $208,000 - $244,911

3 Beds
1 Bath
1,002 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $175,250 $175 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,396/month

2 Days on Market

About This Home

As of May 2021

Welcome Home to this Well Maintained 3 bedroom home in a great neighborhood in Rowan County, only minutes to Downtown Kannapolis & the Cannon Ballers Stadium. Bring your grill as the large back porch is great for cookouts. Please follow CDC guidelines while showing this home.

Last Agent to Sell the Property

Travis Rabon

Premier Real Estate Team Inc. License #319643 Listed on: 04/30/2021

Last Buyer's Agent

Bonnie Hedrick

NextHome World Class License #309711

NextHome World Class

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 9,148

Home Design

  • Vinyl Siding

Additional Features

  • Linoleum Flooring
  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 108 097A

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.09531
  • Ratio Close Price By Original Li: 1.09531
  • Ratio Current Price By Acre: 834523.81
  • Ratio Current Price By Sq Ft: 174.90
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Refrigerator
  • Flooring: Carpet, Linoleum
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1002
  • Total Sq Ft: 1002

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.210
  • Parcel Number: 108 097A
  • Zoning Specification: R

Tax Info

  • Tax Value: 83887.00
  • Tax Location: Landis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Smith Andrea Judie and Smith Billy
Bought by
Sobacinski Brendan Joseph and Kosakavich Deanna Marie
Current Estimated Value
$231,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 20, 2021
Sold by
Kennedy Joshua M and Kennedy Alisha Sellers
Bought by
Smith Andrea Judie and Smith Eric William
Seller's Agent
Travis Rabon
Premier Real Estate Team Inc.
Buyer's Agent
Bonnie Hedrick
NextHome World Class
List Price
$160,000
Sold Price
$175,250
Premium/Discount to List
$15,250
9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$140,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Barrett Brandon L and Kennedy Courtney M
Bought by
Kennedy Joshua M and Sellers Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,727
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Sobacinski Brendan Joseph $220,000 None Listed On Document
Smith Andrea Judie $175,500 None Available
Kennedy Joshua M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sobacinski Brendan Joseph $188,237
Closed Sobacinski Brendan Joseph $142,450
Previous Owner Smith Eric $140,200
Previous Owner Smith Andrea Judie $140,200
Previous Owner Kennedy Joshua M $68,099
Previous Owner Kennedy Joshua M $68,727
Previous Owner Kennedy Joshua M $8,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $175,250 +9.5% $175 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $160,000 -- $160 / 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 $1,563 $146,119 $28,000 $118,119
2024 $1,563 $146,119 $28,000 $118,119
2023 $1,410 $131,807 $28,000 $103,807
2022 $996 $83,887 $23,500 $60,387
2021 $996 $83,887 $23,500 $60,387
2020 $996 $83,887 $23,500 $60,387
2019 $996 $83,887 $23,500 $60,387
2018 $844 $71,844 $23,500 $48,344
2017 $809 $71,844 $23,500 $48,344
2016 $809 $71,844 $23,500 $48,344
2015 $821 $71,844 $23,500 $48,344
2014 $798 $70,626 $21,000 $49,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3734817

Canopy MLS (Canopy Realtor® Association)

APN: 108-097A