NOT LISTED FOR SALE

114 Palmer Ln Statesville, NC 28677

Estimated Value: $249,000 - $275,000

3 Beds
1.5 Baths
2,407 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $245,000 $102 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,510/month

Highlights

  • Open Floorplan
  • Ranch Style House
  • Fireplace
  • Private Lot
  • Wood Flooring
  • Front Porch

About This Home

As of October 2023

This impeccably maintained full brick ranch-style home is nestled on a sprawling 1-acre corner lot in the heart of the charming and established community of Statesville with NO HOA. Boasting a timeless allure, this property offers the perfect blend of classic charm and modern convenience. As you step inside, you'll be greeted by an inviting and spacious interior that exudes warmth and comfort. The open floor plan seamlessly connects the living room, dining room, and its well-appointed kitchen complete with appliances, ample cabinetry and a gas stove. It all creates a perfect space for family gatherings and entertaining friends. 3 generously sized bedrooms, 1 full bath and 1 half bath. The partially finished basement offers a fantastic bonus—a great workshop and flex space. Additionally, the basement includes a washer and dryer. Don't miss this opportunity!

Last Agent to Sell the Property

Lindsay Caruso Wirth

The Agency - Charlotte License #327381 Listed on: 09/17/2023

The Agency - Charlotte

Last Buyer's Agent

Lindsay Caruso Wirth

The Agency - Charlotte License #327381 Listed on: 09/17/2023

The Agency - Charlotte

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1972

Lot Details

  • Private Lot
  • Corner Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R20

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Walk-Up Access

Parking

  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Community Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Suburban Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4753-45-9453.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1972
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 101.79
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1848
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 731
  • Sq Ft Unheated Total: 731
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1848
  • Has Basement: Partially Finished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 559
  • Fireplace Features: Gas Log
  • Living Area: 2407
  • Bedroom Main: 3
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Detached Carport, Driveway, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot, Open Lot, Private
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 4753-45-9453.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 16, 2023
Sold by
Upton Ellen M
Bought by
Painter Sara Beth
Seller's Agent
Lindsay Caruso Wirth
The Agency - Charlotte
Buyer's Agent
Lindsay Caruso Wirth
The Agency - Charlotte
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Views
12
Current Estimated Value
$264,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,706
Avg. Annual Appreciation
4.11%
Original Mortgage
$208,587
Outstanding Balance
$204,720
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$59,986

Purchase Details

Closed on
Jun 1, 1979

Purchase Details

Closed on
Jun 1, 1971
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
Painter Sara Beth $245,000 None Listed On Document
Painter Sara Beth $245,000 None Listed On Document
-- $45,500 --
-- $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Painter Sara Beth $208,587
Closed Painter Sara Beth $208,587
Previous Owner Upton Arlen M $60,000
Previous Owner Upton Arlen M $21,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $245,000 +4.3% $102 / Sq Ft
09/17/2023 09/17/23 For Sale $235,000 -- $98 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
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 $1,185 $190,680 $15,000 $175,680
2023 $1,185 $190,680 $15,000 $175,680
2022 $776 $114,060 $10,000 $104,060
2021 $772 $114,060 $10,000 $104,060
2020 $772 $114,060 $10,000 $104,060
2019 $741 $110,960 $10,000 $100,960
2018 $723 $112,380 $14,000 $98,380
2017 $723 $112,380 $14,000 $98,380
2016 $723 $112,380 $14,000 $98,380
2015 $723 $112,380 $14,000 $98,380
2014 -- $113,730 $14,000 $99,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4066162

Canopy MLS (Canopy Realtor® Association)

APN: 4753-45-9453.000