NOT LISTED FOR SALE

103 Redwood Ln Unit 83 Statesville, NC 28625

Estimated Value: $242,553 - $288,000

3 Beds
2 Baths
1,818 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $115,000 $63 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,452/month

115 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Storage Room
  • Corner Lot
  • Breakfast Bar
  • Carpet

About This Home

As of December 2018

Instant Equity!!!! This home is priced close to tax value. This is a perfect opportunity for an investor or first time home buyer looking for sweat equity in this hot market. This home is situated in a well established community close to major interstates. This home has a spacious lot in a community with NO HOA. Motivated seller, so bring all offers. Homes are selling fast in Cedar Hills.
The seller will make no repairs. The back porch has leaking when it rains per the owner. Home sold "AS-IS".

Last Agent to Sell the Property

Michael Morrison

WEICHERT REALTORS-LKN Partners License #291954 Listed on: 07/10/2018

WEICHERT REALTORS-LKN Partners

Last Buyer's Agent

Julie Colquitt

Sylvan Realty License #88378

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Storage Room
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 4765-62-0360.000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.82202
  • Ratio Current Price By Acre: 273809.52
  • Ratio Current Price By Sq Ft: 63.26
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Cooktop Electric, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Breakfast Bar, Storage Unit, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1818
  • Total Sq Ft: 1818
  • Sq Ft Unheated Main: 1818
  • Sq Ft Unheated Total: 1818

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 4765-62-0360.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 137310.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Ser Charlotte Llc
Bought by
Diversified Residential Homes 1 Llc
Current Estimated Value
$259,138

Purchase Details

Listed on
Jul 10, 2018
Closed on
Dec 12, 2018
Sold by
Foster Latrieka L
Bought by
Sfr Charlotte Llc
Seller's Agent
Michael Morrison
WEICHERT REALTORS-LKN Partners
Buyer's Agent
Julie Colquitt
Sylvan Realty
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Closed on
Feb 16, 2010
Sold by
Fink Franklin Scott and Fink Amy Marie
Bought by
Foster Latrieka L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,724
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Wachovia Bank Na
Bought by
White Thomas J and White Margaret P

Purchase Details

Closed on
Aug 23, 2007
Sold by
Bowman Ruby G
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Jul 1, 1990
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
Diversified Residential Homes 1 Llc $1,166,500 None Available
Sfr Charlotte Llc $115,000 Meridian Title Company
Foster Latrieka L $145,000 None Available
White Thomas J $68,000 None Available
Wachovia Bank Na $103,975 None Available
-- $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Latrieka L $143,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $115,000 -8.0% $63 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/30/2018 10/30/18 Price Changed $125,000 -10.7% $69 / Sq Ft
10/20/2018 10/20/18 For Sale $139,900 0.0% $77 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $139,900 -- $77 / Sq Ft
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 $1,038 $165,750 $20,000 $145,750
2023 $1,038 $165,750 $20,000 $145,750
2022 $776 $114,040 $12,000 $102,040
2021 $772 $114,040 $12,000 $102,040
2020 $772 $114,040 $12,000 $102,040
2019 $760 $114,040 $12,000 $102,040
2018 $872 $137,310 $15,000 $122,310
2017 $872 $137,310 $15,000 $122,310
2016 $872 $137,310 $15,000 $122,310
2015 $872 $137,310 $15,000 $122,310
2014 $801 $134,890 $15,000 $119,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3412420

Canopy MLS (Canopy Realtor® Association)

APN: 4765-62-0360.000