NOT LISTED FOR SALE

116 Grayrock Dr Unit 3 Statesville, NC 28677

Estimated Value: $513,408 - $661,000

1.9 Acres
$297,291 Price per Acre
82,764 Sq Ft Lot

Last Sold February 14, 2019

Last sale price $19,000

Est. 2,873% increase in value since last sale

Current estimated payment $3,232/month

976 Days on Market

Highlights

  • 1.9 Acre Lot
  • Wooded Lot
  • Recreation Facilities

About This Lot

As of February 2019

Ready to build your dream home in a Lake Norman Community. Than you have found the perfect 1.90 AC lot.This lot has community access to fishing & enjoying Lake Norman outdoor activities.Located within a 10 min drive into downtown Troutman or 15 min commute to Mooresville.Easy access to I-40 & I-77.Lot did perk for 4 bedroom home 2007 for 25% reduction gravity system).Low Iredell County taxes.FREE Lake Norman boat access less than 5 minutes away at Lake Norman State Park Long Island Boat Launch.

Last Agent to Sell the Property

Debi Hepfer

Lake Norman Realty, Inc. Brokerage Email: homesbydebihepfer@gmail.com License #210949 Listed on: 06/01/2016

Lake Norman Realty, Inc.

Last Buyer's Agent

Debi Hepfer

Lake Norman Realty, Inc. Brokerage Email: homesbydebihepfer@gmail.com License #210949 Listed on: 06/01/2016

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,882

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 119x458x169x570
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned RA

HOA Fees

  • $15 Monthly HOA Fees

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Garage
  • Basement Garage

Schools

  • Celeste Henkel Elementary School
  • West Iredell Middle School
  • West Iredell High School

Listing and Financial Details

  • Assessor Parcel Number 4711-16-5490.000

Community Details

Overview

  • Grayrock Shoals Association, Phone Number (704) 819-7094
  • Grayrock Shoals Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$2,882

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: homesbydebihepfer@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Residential
  • Has Basement: Basement
  • Basement YN: Yes

Exterior Features

  • Construction Type: Site Built
  • Waterfront Features: Lake
  • Other Structures: None

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Grayrock Shoals
  • Phone: 704-819-7094
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4711-16-5490.000
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.9
  • Lot Size: 119x458x169x570
  • Lot Size Sq Ft: 82764
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Celeste Henkel
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Mclendon Krista L and Mclendon Roger
Bought by
Honeycutt David and Honeycutt Judy
Current Estimated Value
$564,852

Purchase Details

Listed on
Jun 1, 2016
Closed on
Feb 12, 2019
Sold by
Locke Terry and Locke Rebecca
Bought by
Mclendon Krista L
Seller's Agent
Debi Hepfer
Lake Norman Realty, Inc.
Buyer's Agent
Debi Hepfer
Lake Norman Realty, Inc.
List Price
$39,000
Sold Price
$19,000
Premium/Discount to List
-$20,000
-51.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.79%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Tracy Paul and Tracy Nancy S
Bought by
Locke Terry

Purchase Details

Closed on
Dec 20, 2005
Sold by
White David L and White Sarah A
Bought by
Tracy Paul and Tracy Nancy S

Purchase Details

Closed on
Nov 1, 1994

Purchase Details

Closed on
Jun 1, 1993
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
Honeycutt David -- None Available
Mclendon Krista L $19,000 None Available
Locke Terry $56,000 Atlas Title Agency Of Nc Inc
Tracy Paul $33,000 None Available
-- $14,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $19,000 -51.3% --
02/02/2019 02/02/19 Pending -- -- --
06/01/2016 06/01/16 For Sale $39,000 -- --
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 $2,882 $450,310 $37,500 $412,810
2023 $2,762 $450,310 $37,500 $412,810
2022 $239 $37,500 $37,500 $0
2021 $235 $37,500 $37,500 $0
2020 $235 $37,500 $37,500 $0
2019 $226 $37,500 $37,500 $0
2018 $269 $45,000 $45,000 $0
2017 $269 $45,000 $45,000 $0
2016 $269 $45,000 $45,000 $0
2015 $269 $45,000 $45,000 $0
2014 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3183321

Canopy MLS (Canopy Realtor® Association)

APN: 4711-16-5490.000