506 Lake Head Rd, Norwood, NC, 28128

$242,500

Home List Price

$2,880*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,320 SqFt
$184/SqFt
House

Location

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506 Lake Head Rd, Norwood$242,500

Buyer Closing Credits

$2,880*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Space(s)
Year Built2021
HeatingCentral, Heat Pump
CoolingCeiling Fan(s), Central Air, Heat Pump
ViewWater
MLS #4151838
StatusActive

About 506 Lake Head Rd

Attractive house built in mid to late 2022 and first occupied 2/20/23. House is superb condition, three foot crawlspace(not a slab house), stainless appliances, natural granite countertops in kitchen and all three bathrooms, nice lake neighborhood, golf carting allowed, NO HOA and much more, Come take a look and drive around the neighborhood and believe you will find no better deal in the region.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Living Area: 1,320 SqFt

Listing Office:

  • Office Name: Select Premium Properties Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Refrigerator
  • Basement: No
  • Interior: Attic Other, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Water

Parking Information:

  • Parking: Driveway, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump

School Info

Assigned Schools Information:

  • South Stanly High School, Public District Grades 9-12
  • Stanly Early College High School, Public District Grades 9-12
  • South Stanly Middle School, Public District Grades 6-8
  • Norwood Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $242,500
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $11
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwood, NC.

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Norwood, NC

City

Med. Sold Price

$288.4K

Med. Price/SqFt

$208

Avg. Days On Market

10

# of Sold Homes

5

506 Lake Head Rd vs Norwood

141 DAYS ON ROCKET

+131 Days

$242,500

-$45.9K Less

$184/SqFt

-$25 Less

KEY TAKEAWAY

This property is $45.9K less than the Median Sold Price and $25/SqFt less than other homes in Norwood, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4151838

Listing Office:

  • Office Name: Select Premium Properties Inc

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:21:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2021Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11$1,134
2020$10$972
2019$10$972
2017$10$972

History based on county public records data.

Payment Calculator

$1,278

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$794

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2186231
3
/10

  • Norwood Elementary School

  • 400 S Main St

  • 1.28 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2186232
3
/10

  • South Stanly Middle School

  • 12492 Cottonville Rd

  • 3.37 miles

  • Public District Grades 6-8

High School

school-card-donut-2186233
4
/10

  • South Stanly High School

  • 40488 S Stanly School Rd

  • 3.42 miles

  • Public District Grades 9-12

school-card-donut-2186234
9
/10

  • Stanly Early College High School

  • 141 College Dr

  • 9.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,283. Most Norwood, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Lake Head Rd

What is the listing price of this property?

The listing price of 506 Lake Head Rd property is $242,500.

What type of property is this?

The property 506 Lake Head Rd is a house located in Norwood, North Carolina, 28128.

Is this property for sale now?

Active Listing: 506 Lake Head Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Lake Head Rd are:
Norwood Elementary School: GreatSchools Rating 3/10
South Stanly Middle School: GreatSchools Rating 3/10
South Stanly High School: GreatSchools Rating 4/10
Stanly Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2021 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Lake Head Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Lake Head Rd is 1,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Lake Head Rd is 2021.

Rocket Homes›North Carolina›Stanly County›Norwood›28128›506 Lake Head Rd

This home is located at 506 Lake Head Rd in Norwood, NC and zip code 28128. This 1,320 square foot home was built in 2021. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $242,500.

In October 2024, from all listings sold in Norwood, NC there were more than 2 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. In October 2024 in Norwood, NC there were 17.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 10 days, the median list price was $288,400.

From Rocket Homes Real Estate and based on county public records data.

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