NOT LISTED FOR SALE

116 Addison Place Troutman, NC 28166

Estimated Value: $267,000 - $300,000

3 Beds
2 Baths
1,080 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $267,000 $247 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,787/month

Highlights

  • Vaulted Ceiling
  • Walk-In Closet
  • Laundry closet
  • Covered patio or porch
  • Home Security System
  • 1-Story Property

About This Home

As of May 2023

MOVE-IN READY RANCH home near Downtown Troutman! This one level home has a split bedroom plan with the main living area in the middle with Living Room with vaulted ceiling, open Dining area with cabinets, and a galley style Kitchen with new refrigerator, electric range/oven and microwave. The Laundry Closet is just off the Kitchen area and has Washer/Dryer. There are 3 Bedrooms and 2 Full Baths including the Owner's Suite with tray ceiling, two closets and an updated Bathroom with dual sink vanity and shower/tub. Enjoy a Front Covered Porch, Rear Concrete Patio, Covered Wooden Patio, Fenced Yard, Storage Building and a little Playhouse. The neighborhood does not have an HOA, and there is ample parking for a 2-3 vehicles and/or a trailer in the added gravel parking area. Tenant is responsible for all utilities and lawn maintenance. No Smoking, No Cats allowed and 1 Dog under 40-lbs at adult weight is conditional with a non-refundable pet fee. No puppies under 1 year old. AVAILABLE NOW!

Last Agent to Rent the Property

Angela Berrong

Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com Listed on: 04/05/2023

Lake Norman Realty Inc

Last Renter's Agent

Garrett Dickson

The Allen Team Inc License #338424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 2002

Lot Details

  • Back Yard Fenced
  • Property is zoned RT

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Home Security System
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • 3 Open Parking Spaces

Additional Features

  • Covered patio or porch
  • Central Air

Community Details

  • Eastern Heights Subdivision

Listing and Financial Details

  • Security Deposit $1,650
  • Property Available on 4/10/23
  • Tenant pays for all utilities, exterior maintenance
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,455

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Exterior Maintenance
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2023-04-10
  • Pet Deposit: 300
  • Security Deposit: 1650

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.53
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: rentals@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1080
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1080
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1080
  • Bedroom Main: 3
  • Room Count: 9
  • Sq Ft Other: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Security: Security System
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RT

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Nov 28, 2022
Sold by
Lemings Nathan Fillmore and Lemings Alex Makenzie
Bought by
Goodman Scott F
Seller's Agent
Ashley Reed
EXP Realty LLC Mooresville
Buyer's Agent
Natalie Nance
DR Horton Inc
List Price
$260,000
Sold Price
$267,000
Premium/Discount to List
$7,000
2.69%
Views
41
Current Estimated Value
$286,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,436
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Mar 21, 2021
Sold by
Goodman Scott F and Blackwelder Paula
Bought by
Clontz Robert Stephen and Cloniz Patricia

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 31, 2017
Sold by
Rueden Donald J Von and Rueden Donna Von
Bought by
Lemings Nathan Fillmore and Lemings Alex Makenzie
Seller's Agent
Devan Adamek
Realty ONE Group Select
Buyer's Agent
Luke Robbins
Dale Robbins Realty Inc
List Price
$140,000
Sold Price
$138,500
Premium/Discount to List
-$1,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$139,898
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Conway Allen R
Bought by
Rueden Ryan J Von and Rueden Donald J Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,655
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2013
Sold by
Conway Angela J
Bought by
Conway Allen R

Purchase Details

Closed on
Apr 9, 2008
Sold by
Conway Allen R and Conway Angela J
Bought by
Conway Allen R and Conway Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2006
Sold by
Ijames Bradley G and Ijames Latisha L
Bought by
Conway Allen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Dream Built Homes Llc
Bought by
Ijames Bradley G and Ijames Latisha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Goodman Scott F $267,000 --
Clontz Robert Stephen $276,500 --
Lemings Nathan Fillmore $138,500 The Title Company Of North C
Rueden Ryan J Von $125,000 None Available
Conway Allen R -- None Available
Conway Allen R -- None Available
Conway Allen R $118,000 None Available
Ijames Bradley G $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemings Nathan Fillmore $139,898
Previous Owner Rueden Ryan J Von $118,655
Previous Owner Conway Allen R $120,200
Previous Owner Conway Allen R $121,000
Previous Owner Conway Allen R $118,000
Previous Owner Ijames Bradley G $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Rented $1,650 0.0% --
04/05/2023 04/05/23 For Rent $1,650 0.0% --
11/28/2022 11/28/22 Sold $267,000 +2.7% $247 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $260,000 +87.7% $241 / Sq Ft
05/31/2017 05/31/17 Sold $138,500 -1.1% $128 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $140,000 -- $130 / 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 $2,455 $217,760 $40,000 $177,760
2023 $2,455 $217,760 $40,000 $177,760
2022 $1,609 $133,860 $25,000 $108,860
2021 $1,592 $133,860 $25,000 $108,860
2020 $1,592 $133,860 $25,000 $108,860
2019 $1,559 $133,860 $25,000 $108,860
2018 $1,146 $97,940 $20,000 $77,940
2017 $637 $97,940 $20,000 $77,940
2016 $637 $97,940 $20,000 $77,940
2015 $637 $97,940 $20,000 $77,940
2014 $619 $103,180 $20,000 $83,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4017227

Canopy MLS (Canopy Realtor® Association)

APN: 4741-06-9567.000