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396 Luther Banks Rd

Richlands, NC 28574

3 bd 2 ba 2,244 sqft Built 1974 Lot 166,399 sqft single_family
Most recent sale
$346,600
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2024 Sold $346,600 NCRMLS
Jan 17, 2024 Listed $359,900 NCRMLS
Sep 10, 2011 Listing removed $239,000 NCRJacksonville
Sep 9, 2011 Sold $231,000 Public Record
Jun 30, 2011 Price changed $239,000 NCRJacksonville
Apr 11, 2011 Listed $249,999 NCRJacksonville
Apr 6, 2011 Listing removed $269,900 NCRJacksonville
Jul 27, 2010 Listed $269,900 NCRJacksonville
Dec 13, 1996 Sold $135,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,611 $38,020 $199,631 $1,307
2023 $161,611 $38,020 $199,631 $1,307
2022 $161,611 $38,020 $199,631 $1,307
2021 $155,410 $28,040 $183,450 $1,293
2020 $155,410 $28,040 $183,450 $1,293
2019 $155,410 $28,040 $183,450 $1,293
2018 $155,410 $28,040 $183,450 $1,293
2017 $154,980 $28,040 $183,020 $1,235
2016 $154,980 $28,040 $183,020 $1,238
2015 $154,980 $28,040 $183,020 $1,238
2014 $154,980 $28,040 $183,020 $1,239
2013 $162,120 $28,020 $190,140 $1,116
2012 $162,120 $28,020 $190,140 $1,116
2011 $162,120 $28,020 $190,140 $1,112
2010 $162,120 $28,020 $190,140 $1,112
2009 $136,762 $26,360 $163,122 $962
2008 $136,762 $26,360 $163,122 $820
2007 $136,762 $26,360 $163,122 $820

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,244 sqft
Lot size
166,399 sqft
ZIP code
28574
City
Richlands
Street
Luther Banks Rd
Coordinates
34.87451, -77.60570

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,029
Gross rental yield
10.49%
Implied cap rate
6.82%
Trend-extrapolated value

Frequently asked questions

When did 396 Luther Banks Rd last sell?
396 Luther Banks Rd most recently sold on Apr 10, 2024 for $346,600.
What is the current tax assessment for 396 Luther Banks Rd?
The most recent total assessment for 396 Luther Banks Rd (year 2025) is $199,631 with $1,307 in property tax.
How does 396 Luther Banks Rd's assessment compare to its last sale price?
The current assessment is 42.4% below the last sale price of $346,600.
When was 396 Luther Banks Rd built?
396 Luther Banks Rd was built in 1974.
How does 396 Luther Banks Rd compare to others on Luther Banks Rd?
We track 8 other properties on Luther Banks Rd. Browse the list under "Other properties on Luther Banks Rd" to compare beds, baths, and sale history.
What are the property facts for 396 Luther Banks Rd?
396 Luther Banks Rd is a 3 bed, 2 bath, 2,244 sqft, 166,399 sqft lot single_family.
Is 396 Luther Banks Rd a flip candidate?
No — 396 Luther Banks Rd does not appear in our flips dataset.
Is 396 Luther Banks Rd a tax-appeal candidate?
No — 396 Luther Banks Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$300K
2026 Q4
$306K
ZIP 28574 — Median Price History + Forecast

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