112 Gays Chapel Rd Statesville, NC 28625
3
Beds
2
Baths
1,116
Sq Ft
0.89
Acres
Highlights
- Open Floorplan
- Wooded Lot
- Wood Flooring
- Cool Spring Elementary School Rated A-
- Ranch Style House
- Covered Patio or Porch
About This Home
As of July 2025Seller willing to assist in closing cost with an acceptable offer on this home in the highly sought-after Cool Springs area! Lovingly maintained by the same owner for over 20 years, this property offers great potential for buyers looking to invest or settle in & make it their own. Inside, you’ll find an open-concept family room that flows into an eat-in kitchen, 3 bedrooms & 2 full baths. Outside, the home sits on a quiet road with no through traffic in a beautiful rural setting, close to town but without city taxes. Included are 2 outbuildings & a newer carport that has been converted into a garage with power—perfect for a workshop. While some updates to the siding & ceiling finish could enhance its value, this home represents a fantastic opportunity for those seeking tranquility & investment potential. Beautiful open sky views from the covered front porch of this lovely .89 acre property await. Don't wait to see for yourself!
Last Agent to Sell the Property
EXP Realty LLC Mooresville Brokerage Email: kelly.e.bishop@exprealty.com License #213095 Listed on: 05/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $754
Year Built
- Built in 1982
Lot Details
- Level Lot
- Cleared Lot
- Wooded Lot
- Property is zoned RA
Home Design
- Ranch Style House
- Wood Siding
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Crawl Space
- Electric Range
- Laundry closet
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Detached Garage
- Driveway
Outdoor Features
- Covered Patio or Porch
- Fire Pit
- Shed
- Outbuilding
Schools
- Cool Spring Elementary School
- East Iredell Middle School
- North Iredell High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4775-53-7578.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2025
Closed on
Jul 25, 2025
Sold by
Slane Stephanie L
Bought by
Burke Joseph Andrew
Seller's Agent
Kelly Bishop
EXP Realty LLC Mooresville
Buyer's Agent
Lanie Bumgarner
Osborne Real Estate Group LLC
List Price
$199,900
Sold Price
$179,900
Premium/Discount to List
-$20,000
-10.01%
Views
209
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
270.82%
Original Mortgage
$159,900
Outstanding Balance
$159,900
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$42,521
Purchase Details
Closed on
Jun 18, 2002
Sold by
Slane Christopher C
Bought by
Slane Stephanie L
Purchase Details
Closed on
Jun 5, 2000
Sold by
Stroud Lisa H and Hay Lisa K
Bought by
Slane Christopher C and Slane Stephanie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,460
Interest Rate
8.14%
Mortgage Type
VA
Purchase Details
Closed on
Jun 1, 1982
Purchase Details
Closed on
Jun 1, 1981
Purchase Details
Closed on
Jun 1, 1979
Similar Homes in Statesville, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Tryon Title | |
| Warranty Deed | $180,000 | Tryon Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $73,000 | -- | |
| Deed | $3,500 | -- | |
| Deed | -- | -- | |
| Deed | $1,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,900 | New Conventional | |
| Closed | $159,900 | New Conventional | |
| Previous Owner | $96,500 | New Conventional | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $94,500 | Unknown | |
| Previous Owner | $74,460 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $179,900 | -5.3% | $161 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $189,900 | -5.0% | $170 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $199,900 | +11.1% | $179 / Sq Ft |
| 06/14/2025 06/14/25 | Off Market | $179,900 | -- | -- |
| 05/24/2025 05/24/25 | For Sale | $199,900 | -- | $179 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $754 | $117,570 | $26,700 | $90,870 |
| 2023 | $754 | $117,570 | $26,700 | $90,870 |
| 2022 | $592 | $84,790 | $21,690 | $63,100 |
| 2021 | $588 | $84,790 | $21,690 | $63,100 |
| 2020 | $588 | $84,790 | $21,690 | $63,100 |
| 2019 | $580 | $84,790 | $21,690 | $63,100 |
| 2018 | $528 | $79,640 | $21,690 | $57,950 |
| 2017 | $528 | $79,640 | $21,690 | $57,950 |
| 2016 | $528 | $79,640 | $21,690 | $57,950 |
| 2015 | $528 | $79,640 | $21,690 | $57,950 |
| 2014 | $544 | $88,700 | $26,700 | $62,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Bishop
Seller's Agent in 2025
Kelly Bishop
EXP Realty LLC Mooresville
(704) 902-2775
34 in this area
59 Total Sales
-
Lanie Bumgarner
L
Buyer's Agent in 2025
Lanie Bumgarner
Osborne Real Estate Group LLC
(828) 310-4908
1 in this area
23 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4260163
APN: 4775-53-7578.000
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