$215,000
SOLD SEP 17, 2025

508 E Rice St Landis, NC 28088

2 Beds
1 Bath
917 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of September 2025

Walk into this charming 2 beds, 1 bath, 1920 Mill house with a Modern Farmhouse take! Perfect as a starter home or someone looking to downsize! Step inside to an open and airy concept where the kitchen flows seamlessly into the dining area-thanks to the removal of a dividing wall, creating the perfect space for entertaining or everyday living. Another smart update combines 2 smaller bedrooms into one spacious primary bedroom with walk in closet. Laminate harwood flooring installed throughout in 2021. Renovated bathroom (2023) with all new plumbing, floor and wall joists, subfloor, tub, surround and toilet. HVAC and connecting ductwork in basement and hot water tank replaced in 2024, giving you a peace of mind and efficiency. Windows were replaced in 2020 by previous owners. Basement retaining walls have been repairs and joists sistered and replaced adding to structural integrity of the home. Fully fenced in backyard ideal for pets, play or garden oasis. Agent related to seller.

Last Agent to Sell the Property

Margaret Lutz

Lantern Realty & Development, LLC Brokerage Email: margaretlutz.realtor@gmail.com License #296790 Listed on: 06/26/2025

Lantern Realty & Development, LLC

Last Buyer's Agent

Katherine Knorr

David Hoffman Realty License #355858

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 917 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor
  • Crawl Space

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 108097

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 234.46
  • Geocode Confidence: High
  • Attribution Contact: margaretlutz.realtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 917
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 917
  • Has Basement: Dirt Floor, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 917
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Central Air, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 108097
  • Additional Parcels: No
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Sep 17, 2025
Sold by
Lutz Amanda Elizabeth and Painter Austin Drake
Bought by
Meserve Brenda Jane
Seller's Agent
Margaret Lutz
Lantern Realty & Development, LLC
Buyer's Agent
Katherine Knorr
David Hoffman Realty
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Views
18
Current Estimated Value
$214,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274
Avg. Annual Appreciation
-0.39%
Original Mortgage
$211,105
Outstanding Balance
$211,105
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$3,621

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 15, 2021
Sold by
Wyatt Megan Rae and Wyatt Samuel Allen
Bought by
Painter Austin Drake and Lutz Amanda Elizabeth
Seller's Agent
Shyrl Innis
America's Elite Realty, Inc
Buyer's Agent
Margaret Lutz
Lantern Realty & Development, LLC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$142,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Archer Gregory Paul
Bought by
Riddle Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $215,000 None Listed On Document
Warranty Deed $215,000 None Listed On Document
Warranty Deed $140,000 None Available
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,105 FHA
Closed $211,105 FHA
Previous Owner $142,000 New Conventional
Previous Owner $59,900 Purchase Money Mortgage
Previous Owner $14,950 Stand Alone Second
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2025 09/17/25 Sold $215,000 -6.1% $234 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $229,000 +63.6% $250 / Sq Ft
06/15/2021 06/15/21 Sold $140,000 -6.7% $153 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $150,000 -- $164 / 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 $1,242 $116,092 $12,600 $103,492
2024 $1,242 $116,092 $12,600 $103,492
2023 $1,242 $116,092 $12,600 $103,492
2022 $882 $74,237 $10,575 $63,662
2021 $882 $74,237 $10,575 $63,662
2020 $882 $74,237 $10,575 $63,662
2019 $882 $74,237 $10,575 $63,662
2018 $748 $63,694 $10,575 $53,119
2017 $717 $63,694 $10,575 $53,119
2016 $717 $63,694 $10,575 $53,119
2015 $728 $63,694 $10,575 $53,119
2014 $707 $62,569 $9,450 $53,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4275579

Canopy MLS (Canopy Realtor® Association)

APN: 108-097