NOT LISTED FOR SALE

555 Palmer Rd Rockwell, NC 28138

Estimated Value: $270,000 - $290,000

3 Beds
2 Baths
1,180 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $270,000 $229 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,701/month

Highlights

  • Wooded Lot
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • Covered Patio or Porch
  • Shed

About This Home

As of October 2023

Come check out the cutest three bedroom, two bathroom house located in the heart of Rockwell, NC. This home features the original refinished hardwood floors throughout and an open floorplan through the kitchen, dining area and living room which allows for great entertainment. The laundry room/pantry is conveniently located off of the kitchen. The main bathroom has recently been updated and gives you that modern feeling. As fall will soon be upon us, enjoy the fully fenced, spacious back yard that is great for family and friends! The side porch is screened in with a custom bed swing. Brand new HVAC installed September, 2023- comes with a warranty. This property has so many amazing features, you don't want to miss out!

Last Agent to Sell the Property

Katelyn Haid

Real Broker, LLC Brokerage Email: khaidrealestate@gmail.com License #323166 Listed on: 09/14/2023

Real Broker, LLC

Last Buyer's Agent

Connie Arstark

Arstark & Company Inc License #189738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1940

Lot Details

  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Rockwell Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 357 118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,252

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 228.81
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: khaidrealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1180
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1180
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1180
  • Bedroom Main: 3
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Chain Link
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot, Wooded
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 357 118
  • Zoning: R-1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Rockwell
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 27, 2018
Sold by
Lanier Devin L and Lanier Brittany P
Bought by
Johnson William Gregory
List Price
$133,000
Sold Price
$133,000
Current Estimated Value
$278,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,331
Avg. Annual Appreciation
11.72%
Original Mortgage
$117,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2015
Closed on
Oct 16, 2015
Sold by
Clark Hannah P and Clark Stephen
Bought by
Lanier Devin L and Lanier Brittany P
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$115,862
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2012
Closed on
Jan 16, 2014
Sold by
Rubio Joseph and Rubio Mildred H
Bought by
Clark Hannah P
List Price
$134,000
Sold Price
$108,500
Premium/Discount to List
-$25,500
-19.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$110,714
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Hall Tanya and Bruce Graham
Bought by
Rubio Joseph and Rubio Mildred H

Purchase Details

Closed on
May 13, 2009
Sold by
Tomlinson Craig Alan and Tomlinson Brandi Lynn
Bought by
Hall Tanya and Bruce Graham

Purchase Details

Closed on
Aug 15, 2008
Sold by
Tomlinson Craig Alan and Tomlinson Brandi Lynn
Bought by
Homesale Inc
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Johnson William Gregory $133,000 None Available
Lanier Devin L $118,000 None Available
Clark Hannah P $108,500 None Available
Rubio Joseph $125,000 None Available
Hall Tanya $29,518 None Available
Homesale Inc $65,179 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson William Gregory $117,000
Closed Johnson William Gregory $117,000
Previous Owner Lanier Devin L $115,862
Previous Owner Clark Hannah P $110,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $270,000 -3.6% $229 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $280,000 +110.5% $237 / Sq Ft
11/28/2018 11/28/18 Off Market $133,000 -- --
08/29/2018 08/29/18 Sold $133,000 0.0% $106 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $133,000 +12.7% $106 / Sq Ft
02/02/2016 02/02/16 Off Market $118,000 -- --
11/03/2015 11/03/15 Sold $118,000 -5.5% $94 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $124,900 +15.1% $100 / Sq Ft
04/21/2014 04/21/14 Off Market $108,500 -- --
01/16/2014 01/16/14 Sold $108,500 -19.0% $80 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $134,000 -- $99 / 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 $2,252 $216,584 $48,750 $167,834
2024 $2,252 $216,584 $48,750 $167,834
2023 $1,889 $181,650 $48,750 $132,900
2022 $1,442 $129,035 $37,500 $91,535
2021 $1,442 $129,035 $37,500 $91,535
2020 $1,442 $129,035 $37,500 $91,535
2019 $1,442 $129,035 $37,500 $91,535
2018 $1,229 $111,116 $37,500 $73,616
2017 $1,229 $111,116 $37,500 $73,616
2016 $1,185 $111,116 $37,500 $73,616
2015 $1,119 $103,416 $37,500 $65,916
2014 $1,081 $105,955 $37,500 $68,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4066898

Canopy MLS (Canopy Realtor® Association)

APN: 357-118