NOT LISTED FOR SALE

1040 the Glen St Unit 54A Statesville, NC 28677

Estimated Value: $417,000 - $975,028

3 Beds
2 Baths
2,242 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $846,743 $378 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,713/month

392 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Recreation Facilities
  • Transitional Architecture
  • Lawn
  • Covered Patio or Porch

About This Home

As of December 2022

Beautiful High End To Be Built Home In Magnolia Glen. Rare Opportunity To Own A House On A Condo Lot w/Yard Maintenance Included! Gourmet Kitchen w/Custom Cabinetry, Island, & Pantry, Great Room w/Gas Log Fireplace, Huge Master on Main w/Spa Like Master Bath. Pricing is Based On The Oakmont Model & Buyer Can Choose To Add Bathroom & Upgrades at An Additional Cost. Choose From (4) Additional House Plans & (3) Elevation Levels To Create The Perfect Home. Excellent Location Close To Downtown Shopping, Restaurants, & Award Winning Iredell County Schools. Easy Access To I-40 & I-77.

Last Agent to Sell the Property

Christy Allen

The Allen Team Inc License #83136 Listed on: 09/16/2020

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2

Lot Details

  • Level Lot
  • Irrigation
  • Lawn
  • Zoning described as R8MF

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • New Construction
  • Proposed Property
  • Transitional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Utilities

  • Vented Exhaust Fan
  • Heat Pump System

Additional Features

  • More Than Two Accessible Exits
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 4735-60-0818.000

Community Details

Overview

  • Magnolia Glen HOA
  • Built by WAC Contracting
  • Magnolia Glen Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Ratio Current Price By Acre: 3386973.64
  • Restrictions: Other - See Media/Remarks
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: CCR's In Attachments
  • Road Surface Type: Concrete
  • Structure Type: One Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 377.67
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Attic Walk In, Kitchen Island, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1886
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 356
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Exhaust Fan, Plumbed For Ice Maker, Microwave
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Gas
  • Living Area: 2242
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: In-Ground Irrigation, Lawn Maintenance
  • New Construction: Yes
  • Roof: Composition
  • Construction Status: Proposed
  • Tax Location: Statesville
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area, Sidewalks, Street Lights
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Magnolia Glen HOA
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2640.00

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 4735-60-0818.000
  • Lot Size: 66*164*60*183
  • Zoning Description: R8MF
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: WAC Contracting

Tax Info

  • RATIO List Price By Tax Amount: 10.91500

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Dec 20, 2022
Sold by
Wacontracting Inc
Bought by
Coffey William H and Coffey Frances H
Seller's Agent
Christy Allen
The Allen Team Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$378,898
Sold Price
$846,743
Premium/Discount to List
$467,845
123.48%
Views
21
Current Estimated Value
$667,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,485
Avg. Annual Appreciation
-11.13%
Source: Public Records

Range of Values:

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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
Coffey William H $847,000 --
Coffey William H $847,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $846,743 +104.1% $378 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $414,770 +5.7% $185 / Sq Ft
04/13/2021 04/13/21 Price Changed $392,350 +3.6% $175 / Sq Ft
09/16/2020 09/16/20 For Sale $378,898 -- $169 / 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 $2 $200 $200 $0
2023 $2 $200 $200 $0
2022 $454 $41,800 $41,800 $0
2021 $454 $41,800 $41,800 $0
2020 $454 $41,800 $41,800 $0
2019 $449 $41,800 $41,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3661179

Canopy MLS (Canopy Realtor® Association)

APN: 4735-60-0818.000