NOT LISTED FOR SALE

508 E Hargett St Richlands, NC 28574

Estimated Value: $202,000 - $641,000

28.8 Acres
$14,712 Price per Acre
1,254,528 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $600,000 $548 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $2,287/month

338 Days on Market

About This Lot

As of September 2021

Development opportunity! 28 +/- acres for sale in Richlands. 20 developed lots ready to build on with additional 73 lots available. Located at Winstead Place, a wonderful town home neighborhood. Call for more information today!

Last Agent to Sell the Property

Doyle Evans

Doyle Evans Realty, Inc. License #75555 Listed on: 08/18/2020

Last Buyer's Agent

Doyle Evans

Doyle Evans Realty, Inc. License #75555 Listed on: 08/18/2020

Property Details

Property Type

  • Land

Lot Details

  • 28.8 Acre Lot
  • Cleared Lot
  • Property is zoned R 15

Schools

  • Richlands Elementary School
  • Trexler Middle School
  • Richlands High School

Community Details

  • No Home Owners Association
  • Winstead Place Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 206-36.2

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 23090.28
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle School: Trexler

Lot Info

  • Cobra Zone: No
  • Deed Book: 2803
  • Deed Page: 903.00
  • Lot Sq Ft: 1254528.00
  • Zoning: R 15
  • Acres: 28.80
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: 206-36.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Richland Townhouse Llc and Richlands Townhomes Llc
Bought by
Winstead Place Phase I Owners Association Inc
Current Estimated Value
$423,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,768,525
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$2,344,833

Purchase Details

Closed on
Apr 11, 2022
Sold by
D & B Development Group Llc
Bought by
Richland Townhouse Llc

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jul 28, 2021
Sold by
Mga Properties Inc
Bought by
D & B Development Group Llc
Seller's Agent
Doyle Evans
Doyle Evans Realty, Inc.
Buyer's Agent
Doyle Evans
NCR Wilmington - Unknown Office
List Price
$665,000
Sold Price
$600,000
Premium/Discount to List
-$65,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winstead Place Phase I Owners Association Inc -- None Listed On Document
Richland Townhouse Llc -- Richard A Galt Pllc
D & B Development Group Llc $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winstead Place Phase I Owners Association Inc $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $600,000 -9.8% $548 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
08/18/2020 08/18/20 For Sale $665,000 -- $607 / Sq Ft
Source: Hive MLS

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 $1,021 $98,650 $85,130 $13,520
2024 $1,071 $103,519 $90,010 $13,509
2023 $1,071 $103,519 $90,010 $13,509
2022 $1,071 $103,519 $90,010 $13,509
2021 $1,230 $111,290 $90,010 $21,280
2020 $1,335 $120,770 $90,010 $30,760
2019 $1,335 $120,770 $90,010 $30,760
2018 $1,310 $120,770 $90,010 $30,760
2017 $1,595 $151,140 $112,350 $38,790
2016 $1,595 $151,140 $0 $0
2015 $1,595 $151,140 $0 $0
2014 $1,595 $151,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100232368

Hive MLS

APN: 071311