NOT LISTED FOR SALE

0 Cove Gap Rd Unit CAR3913885 Statesville, NC 28625

Estimated Value: $120,000 - $265,000

19.67 Acres
$9,786 Price per Acre
856,825 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $120,000

Est. 60% increase in value since last sale

Current estimated payment $1,061/month

67 Days on Market

Highlights

  • 19.67 Acre Lot
  • Wooded Lot
  • Pasture
  • Private Lot
  • No HOA
  • Access to stream, creek or river

About This Lot

As of January 2023

Back on market due to buyer loan and reduced to sell! Beautiful Iredell County 19.67 acres of land with open meadows and woodland. There is a small creek that winds through a portion of the property. This is a “flag” lot and has a small amount of frontage on Cove Gap Rd. As a potential homesite, a long driveway such as this provides maximum privacy. Only a 12 minute drive to Statesville provides a rural feel and convenience of being near town. Electricity is available at the street. Check with the County for all potential building questions. There is no fema flood zone here and the only wetlands is the small creek. This property is priced for a quick sale. Title is clear and ready to close. Soil inspection report complete with multiple suitable spots for a septic system.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com Brokerage Email: info@homecoin.com License #126545 Listed on: 10/14/2022

Last Buyer's Agent

Kyle Forman

Home And Key Realty LLC License #313650

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $569

Lot Details

  • 19.67 Acre Lot
  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Agricultural, Dairy, Horses, Private Estate, Residential, Tree Farm/Timber
  • Property is zoned R20

Additional Features

  • Pasture
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4727-06-2641.000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: info@homecoin.com
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Dairy, Horses, Private Estate, Residential, Tree Farm/Timber

Exterior Features

  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Private, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4727-06-2641.000
  • Plat Reference Section Pages: 201-203
  • Lot Size Acres: 19.67
  • Lot Size Sq Ft: 856825
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 5, 2023
Sold by
Powers Ryan Neil
Bought by
Terra Firma Holding Group Llc
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Kyle Forman
Home And Key Realty LLC
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Views
109
Current Estimated Value
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,500
Avg. Annual Appreciation
17.83%

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 4, 2023
Sold by
Reelvest Properties
Bought by
Terra Firma Holding Group Llc
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Kyle Forman
Home And Key Realty LLC
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Views
109

Purchase Details

Closed on
Oct 10, 2022
Sold by
Raymer James P
Bought by
Reelvest Properties

Purchase Details

Closed on
Mar 2, 2016
Sold by
Powers Meredith Massey
Bought by
Raymer James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Massey Johnny Ross and Massey Nancy W
Bought by
Massey Meredith Amber

Purchase Details

Closed on
Jun 1, 1996

Purchase Details

Closed on
Jun 1, 1961
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Terra Firma Holding Group Llc -- --
Terra Firma Holding Group Llc $120,000 Investors Title
Reelvest Properties $97,000 --
Raymer James P $84,000 None Available
Massey Meredith Amber -- None Available
-- -- --
-- $14,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raymer James P $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $120,000 -19.9% --
12/20/2022 12/20/22 Pending -- -- --
12/11/2022 12/11/22 For Sale $149,900 0.0% --
12/11/2022 12/11/22 Price Changed $149,900 -25.0% --
12/11/2022 12/11/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $199,900 0.0% --
10/25/2022 10/25/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $199,900 -- --
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
2024 $569 $96,380 $96,380 $0
2023 $569 $96,380 $96,380 $0
2022 $58 $9,180 $0 $0
2021 $58 $9,180 $0 $0
2020 $58 $9,180 $0 $0
2019 $57 $9,180 $0 $0
2018 $50 $8,320 $0 $0
2017 $50 $156,900 $82,610 $74,290
2016 $50 $156,900 $82,610 $74,290
2015 $50 $156,900 $82,610 $74,290
2014 -- $156,650 $82,610 $74,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3913885

Canopy MLS (Canopy Realtor® Association)

APN: 4727-06-2641.000