NOT LISTED FOR SALE

109 Holmfield Rd Troutman, NC 28166

Estimated Value: $331,000 - $380,000

3 Beds
2 Baths
1,232 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $284,000 $231 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,034/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Fireplace
  • Lakeshore Elementary School Rated A-
  • Ranch Style House
  • Attached Garage

About This Home

As of December 2021

Wonderful opportunity in desirable area of Troutman! Clean, move in ready home offers 3bd/2ba with vaulted ceilings and an open floor plan. Home has been well taken care of and sits on a level .5 acre lot. Quiet neighborhood, not far from downtown Troutman and Mooresville. Large front porch for rocking chair sitting. Nice back deck for entertaining or relaxing overlooks the private, spacious backyard. No HOA. Excellent location. Great school district. Schedule your appointment today!

Last Agent to Sell the Property

Jake Reed

NextHome World Class License #297802 Listed on: 10/15/2021

NextHome World Class

Last Buyer's Agent

Brenna Stebbins

Real Broker, LLC License #313622

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Crawl Space

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4740-41-4362.000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.07170
  • Ratio Close Price By Original Li: 1.07170
  • Ratio Current Price By Acre: 557956.78
  • Ratio Current Price By Sq Ft: 230.52
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1232
  • Total Sq Ft: 1232
  • Sq Ft Unheated Main: 348
  • Sq Ft Unheated Total: 348

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Parking Space - 4+
  • Sq Ft Garage: 395

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Lakeshore
  • Middle School: Lakeshore
  • High School: Lake Norman
  • Middle Or Junior School: Lakeshore

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.509
  • Parcel Number: 4740-41-4362.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 167940.00
  • Tax Location: Iredell

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Summer Kyle
Bought by
Reid Devron J and Smith Sarah Grace
Current Estimated Value
$350,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,149
Outstanding Balance
$310,301
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$16,919

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 13, 2021
Sold by
Larkin Seth P and Larkin Autumn J
Bought by
Summer Kyle and Summer Jenna Lee
Seller's Agent
Jake Reed
NextHome World Class
Buyer's Agent
Brenna Stebbins
Real Broker, LLC
List Price
$265,000
Sold Price
$284,000
Premium/Discount to List
$19,000
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$255,600
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2018
Sold by
Cruz Jennifer
Bought by
Larkin Seth P and Larkin Autumn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,565
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Halter Devin
Bought by
Cruz Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,979
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2009
Sold by
Castlerock Home Builders Inc
Bought by
Halter Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,979
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2006
Sold by
Castlerock Home Builders Inc
Bought by
Halter Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,910
Interest Rate
6.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Reid Devron J $323,000 Title Company Of North Carolin
Summer Kyle $284,000 None Available
Larkin Seth P $174,800 The Title Company Of North C
Cruz Jennifer $158,000 The Title Company Of Nc
Halter Devin -- None Available
Halter Devin $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Devron J $317,149
Closed Reid Devron J $9,514
Previous Owner Summer Kyle $255,600
Previous Owner Larkin Autumn Julianna $173,500
Previous Owner Larkin Seth P $176,565
Previous Owner Cruz Jennifer $141,749
Previous Owner Cruz Jennifer $149,979
Previous Owner Halter Devin $125,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $284,000 +7.2% $231 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $265,000 -- $215 / 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 $1,542 $247,010 $40,000 $207,010
2023 $1,542 $247,010 $40,000 $207,010
2022 $1,131 $167,940 $27,000 $140,940
2021 $1,110 $167,940 $27,000 $140,940
2020 $1,110 $167,940 $27,000 $140,940
2019 $1,068 $167,940 $27,000 $140,940
2018 $1,025 $162,910 $24,000 $138,910
2017 $1,025 $162,910 $24,000 $138,910
2016 $1,025 $162,910 $24,000 $138,910
2015 $1,025 $162,910 $24,000 $138,910
2014 $893 $152,930 $24,000 $128,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3796103

Canopy MLS (Canopy Realtor® Association)

APN: 4740-41-4362.000