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451 Luther Banks Rd

Richlands, NC 28574

3 bd 2 ba 1,188 sqft Built 2003 Lot 43,560 sqft single_family
Most recent sale
$159,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2025 Sold $198,900 HiveMLS
Apr 28, 2025 Listed $198,900 HiveMLS
Sep 7, 2022 Sold $159,000 MLS #100335293
Jul 8, 2022 Price changed $159,000 MLS #100335293
Jun 23, 2022 Listed $165,000 MLS #100335293
Aug 10, 2021 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,097 $30,000 $142,097 $896
2023 $106,863 $30,000 $136,863 $896
2022 $106,863 $30,000 $136,863 $896
2021 $81,670 $14,000 $95,670 $674
2020 $81,670 $14,000 $95,670 $674
2019 $81,670 $14,000 $95,670 $674
2018 $81,670 $14,000 $95,670 $674
2017 $85,290 $14,000 $99,290 $670
2016 $85,290 $14,000 $99,290 $670
2015 $85,290 $14,000 $99,290 $670
2014 $85,290 $14,000 $99,290 $670
2013 $87,460 $14,000 $101,460 $594
2012 $87,460 $14,000 $101,460 $594
2011 $87,460 $14,000 $101,460 $594
2010 $87,460 $14,000 $101,460 $594
2009 $77,343 $14,000 $91,343 $539
2008 $77,343 $14,000 $91,343 $459
2007 $77,343 $14,000 $91,343 $459

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,188 sqft
Lot size
43,560 sqft
ZIP code
28574
City
Richlands
Street
Luther Banks Rd
Coordinates
34.87177, -77.60918

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,604
Gross rental yield
12.11%
Implied cap rate
7.87%
Trend-extrapolated value

Frequently asked questions

When did 451 Luther Banks Rd last sell?
451 Luther Banks Rd most recently sold on Sep 7, 2022 for $159,000.
What is the current tax assessment for 451 Luther Banks Rd?
The most recent total assessment for 451 Luther Banks Rd (year 2025) is $142,097 with $896 in property tax.
How does 451 Luther Banks Rd's assessment compare to its last sale price?
The current assessment is 10.6% below the last sale price of $159,000.
When was 451 Luther Banks Rd built?
451 Luther Banks Rd was built in 2003.
How does 451 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 451 Luther Banks Rd?
451 Luther Banks Rd is a 3 bed, 2 bath, 1,188 sqft, 43,560 sqft lot single_family.
Is 451 Luther Banks Rd a flip candidate?
Yes — 451 Luther Banks Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 451 Luther Banks Rd a tax-appeal candidate?
No — 451 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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