$1,350,000
SOLD SEP 14, 2018

114 Clara Dr Statesville, NC 28677

28 Beds
28 Baths
15,680 Sq Ft
9.87 Acres

Recently Sold

$86 Per Sq Ft

7% Below List Price

48 Days on Market

About This Home

As of July 2025

Excellent Investment-Income Opportunity. Whole neighborhood including 14 houses all being sold together. Each home is well maintained with 2 bedrooms, 2 baths, kitchen, living room and laundry. Seller will consider owner financing. All house are currently rented. Three of the homes are on Buffalo Shoals and the other eleven are on Clara Dr. Don't delay for this will go fast.

Last Agent to Sell the Property

Joey Davis

Staylakenorman LLC License #220465 Listed on: 06/21/2018

Last Buyer's Agent

Todd Hill

Hillco Realty License #284421

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • 28 Full Bathrooms
  • Crawl Space
  • Well

Listing and Financial Details

  • Rent includes exterior maintenance, water
  • Assessor Parcel Number 4711-47-4184.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Eightplex+
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.93103
  • Ratio Close Price By Original Li: 0.93103
  • Ratio Current Price By Acre: 136778.12
  • Ratio Current Price By Sq Ft: 86.10
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Full Bathrooms: 28
  • Total Bedrooms: 28
  • Equipment: Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Kitchen
  • Total Sq Ft: 15680

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 2

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 9.87acres
  • Lot Size Area: 9.870
  • Parcel Number: 4711-47-4184.000
  • Zoning Specification: RA

Rental Info

  • Rent Includes: Exterior Maintenance, Water

Tax Info

  • Tax Value: 89150.00
  • Tax Location: Iredell

Multi Family

  • Number Of Units Total: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 14, 2018
Sold by
D & D Enterprises Of Iredell Llc
Bought by
Troutman Trace Llc
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Todd Hill
Hillco Realty
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.87%
Original Mortgage
$1,050,000
Outstanding Balance
$385,916
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$167,797

Purchase Details

Closed on
Aug 1, 1997
Bought by
D & D Enterprises Of Iredell
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 Type Sale Price Title Company
Warranty Deed $1,350,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 Purchase Money Mortgage
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $218,000 0.0% $195 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $218,000 0.0% $195 / Sq Ft
08/12/2019 08/12/19 Rented $1,100 0.0% --
07/30/2019 07/30/19 Price Changed $1,100 -8.3% $1 / Sq Ft
07/09/2019 07/09/19 For Rent $1,200 +4.8% --
01/28/2019 01/28/19 Rented $1,145 +4.6% --
12/28/2018 12/28/18 For Rent $1,095 0.0% --
09/14/2018 09/14/18 Sold $1,350,000 -6.9% $86 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $1,450,000 -- $92 / 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 $991 $148,960 $30,000 $118,960
2023 $954 $148,960 $30,000 $118,960
2022 $642 $93,370 $15,000 $78,370
2021 $642 $93,370 $15,000 $78,370
2020 $642 $93,370 $15,000 $78,370
2019 $619 $93,370 $15,000 $78,370
2018 $585 $89,150 $15,000 $74,150
2017 $585 $89,150 $15,000 $74,150
2016 $585 $89,150 $15,000 $74,150
2015 $585 $89,150 $15,000 $74,150
2014 $543 $89,280 $15,000 $74,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3404379

Canopy MLS (Canopy Realtor® Association)

APN: 4711-47-4184.000