503 Luther Banks Rd
Richlands, NC 28574
3 bd 2 ba 1,139 sqft Built 2006 Lot 43,560 sqft mobile
Most recent sale
$142,900
Mar 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 3, 2024 | Sold | $175,000 | HiveMLS |
| Mar 2, 2022 | Sold | $142,900 | MLS #100312848 |
| Feb 18, 2022 | Listed | $134,900 | MLS #100312848 |
| Apr 8, 2019 | Sold | $95,000 | MLS #100152992 |
| Mar 4, 2019 | Listed | $90,500 | MLS #100152992 |
| Jan 20, 2015 | Listing removed | $44,900 | NCRJacksonville |
| Jan 16, 2015 | Sold | $42,000 | Public Record |
| Nov 27, 2014 | Listing removed | $49,900 | NCRJacksonville |
| Nov 12, 2014 | Price changed | $49,900 | MLS #149555 |
| Sep 4, 2014 | Price changed | $52,900 | MLS #149555 |
| Jul 7, 2014 | Price changed | $54,900 | MLS #149555 |
| Jun 3, 2014 | Price changed | $59,900 | MLS #149555 |
| Apr 4, 2014 | Price changed | $65,900 | MLS #149555 |
| Jan 31, 2014 | Price changed | $72,900 | MLS #149555 |
| Dec 4, 2013 | Listed | $44,900 | MLS #161301 |
| Nov 30, 2013 | Sold | $32,321 | HiveMLS |
| Oct 31, 2013 | Listing removed | $60,750 | NCRJacksonville |
| Oct 15, 2013 | Price changed | $60,750 | MLS #145578 |
| Sep 7, 2013 | Price changed | $67,500 | MLS #145578 |
| Jul 22, 2013 | Listed | $75,000 | MLS #145578 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $75,493 | $30,000 | $105,493 | $690 |
| 2023 | $75,493 | $30,000 | $105,493 | $690 |
| 2022 | $75,493 | $30,000 | $105,493 | $690 |
| 2021 | $51,720 | $14,000 | $65,720 | $463 |
| 2020 | $51,720 | $14,000 | $65,720 | $463 |
| 2019 | $49,760 | $14,000 | $63,760 | $225 |
| 2018 | $49,760 | $14,000 | $63,760 | $225 |
| 2017 | $70,000 | $14,000 | $84,000 | $284 |
| 2016 | $70,000 | $14,000 | $84,000 | $284 |
| 2015 | $70,000 | $14,000 | $84,000 | $567 |
| 2014 | $70,000 | $14,000 | $84,000 | $567 |
| 2013 | $68,890 | $14,000 | $82,890 | $485 |
| 2012 | $68,890 | $14,000 | $82,890 | $485 |
| 2011 | $68,890 | $14,000 | $82,890 | $485 |
| 2010 | $68,890 | $14,000 | $82,890 | $485 |
| 2009 | $56,179 | $14,000 | $70,179 | $414 |
| 2008 | $56,179 | $14,000 | $70,179 | $353 |
| 2007 | $56,179 | $14,000 | $70,179 | $353 |
Property facts
Year built
2006
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,139 sqft
Lot size
43,560 sqft
ZIP code
28574
City
Richlands
Street
Luther Banks Rd
Coordinates
34.87116, -77.61301
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,538
Gross rental yield
12.92%
Implied cap rate
8.39%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Luther Banks Rd last sell?
503 Luther Banks Rd most recently sold on Mar 2, 2022 for $142,900.
What is the current tax assessment for 503 Luther Banks Rd?
The most recent total assessment for 503 Luther Banks Rd (year 2025) is $105,493 with $690 in property tax.
How does 503 Luther Banks Rd's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $142,900.
When was 503 Luther Banks Rd built?
503 Luther Banks Rd was built in 2006.
How does 503 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 503 Luther Banks Rd?
503 Luther Banks Rd is a 3 bed, 2 bath, 1,139 sqft, 43,560 sqft lot mobile.
Is 503 Luther Banks Rd a flip candidate?
No — 503 Luther Banks Rd does not appear in our flips dataset.
Is 503 Luther Banks Rd a tax-appeal candidate?
No — 503 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 valuationQuarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$300K
2026 Q4
$306K
ZIP 28574 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Luther Banks Rd