NOT LISTED FOR SALE

109 Mimosa Rd Statesville, NC 28677

Estimated Value: $284,000 - $389,000

3 Beds
3 Baths
1,775 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $153,900 $87 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,869/month

34 Days on Market

Highlights

  • Boat Ramp
  • Engineered Wood Flooring
  • Separate Outdoor Workshop
  • Community Lake
  • Recreation Facilities
  • Fireplace

About This Home

As of April 2017

Lake Norman access;boat ramp,pier&dock at end of street. Enjoy community shelter&picnic area. 3bd/3ba home, fireplaces on main level & lower level. Beautiful walnut hardwood floors. Enjoy sitting on back deck in private back yard w/storage building. Home features dual HVAC unit. Lower level offers spacious rec rm great for entertaining & full ba. Easy travel to Statesville, Hickory & Mooresville. NO HOA'S. Lg wired building/she/shed or man cave/workshop. Great property. Home needs some TLC.

Last Agent to Sell the Property

Fawn Combs

RE/MAX Properties Plus, Inc. License #255969 Listed on: 02/17/2017

RE/MAX Properties Plus, Inc.

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.38

Parking

  • Brick Driveway

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Insulated Windows

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 4710-67-9690.000

Community Details

Overview

  • Community Lake

Recreation

  • Boat Ramp
  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Foyer
  • Ratio Close Price By List Price: 0.96248
  • Ratio Close Price By Original Li: 0.85548
  • Ratio Current Price By Acre: 405000.00
  • Ratio Current Price By Sq Ft: 86.70
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Rec Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Carpet
  • Interior Amenities: Built-Ins
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Additional: 486
  • Lower Level Sq Ft: 550
  • Main Level Sq Ft: 1225
  • Total Sq Ft: 1775

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Brick, Concrete
  • Parking: Basement, Carport - 2 Car, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake, Recreation Area

Lot Info

  • Lot Dimension: 140x95x146x139
  • Lot Features: Lake Access
  • Parcel Number: 4710-67-9690.000
  • Plat Book Slide: 11/3
  • Plat Reference Section Pages: 1289
  • Zoning: Residential
  • Zoning Specification: R20

Tax Info

  • Tax Value: 121800.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Rathbone Rodney D and Rathbone Anna N
Bought by
Rathbone Rodney D and Rathbone Anna N
Current Estimated Value
$335,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Outstanding Balance
$131,820
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$203,525

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 21, 2017
Sold by
Rathbone Rodney D
Bought by
Rathbone Rodney D and Hoover Anna N
Seller's Agent
Fawn Combs
RE/MAX Properties Plus, Inc.
Buyer's Agent
Non Member
Canopy Administration
List Price
$179,900
Sold Price
$153,900
Premium/Discount to List
-$26,000
-14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$146,205
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Reed Kim Lay and Reed Jamie Dallas
Bought by
Gardner Jason D and Olson Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Forehand William E and Forehand Ardell M
Bought by
Reed Kim Lay and Reed Jamie Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.98%

Purchase Details

Closed on
Jun 1, 1981
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
Rathbone Rodney D -- Advantage Title Company Llc
Rathbone Rodney D -- New Title Company Name
Rathbone Rodney D -- None Available
Rathbone Rodney D $154,000 None Available
Gardner Jason D $136,000 --
Reed Kim Lay $117,000 --
-- $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbone Rodney D $146,000
Closed Rathbone Rodney D $146,000
Previous Owner Rathbone Rodney D $146,205
Previous Owner Gardner Jason D $129,200
Previous Owner Reed Kim Lay $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $153,900 -14.5% $87 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $179,900 -- $101 / 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 $1,220 $193,360 $30,000 $163,360
2023 $1,220 $193,360 $30,000 $163,360
2022 $1,029 $152,030 $30,000 $122,030
2021 $1,010 $152,030 $30,000 $122,030
2020 $1,010 $152,030 $30,000 $122,030
2019 $972 $152,030 $30,000 $122,030
2018 $794 $124,130 $30,000 $94,130
2017 $780 $121,800 $30,000 $91,800
2016 $390 $121,800 $30,000 $91,800
2015 $390 $121,800 $30,000 $91,800
2014 $407 $138,510 $40,000 $98,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3249242

Canopy MLS (Canopy Realtor® Association)

APN: 4710-67-9690.000