NOT LISTED FOR SALE

118 Margo Ln Unit 9 Statesville, NC 28677

Estimated Value: $430,346 - $465,000

4 Beds
3 Baths
2,558 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $258,420 $101 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,718/month

18 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Pond
  • Under Construction
  • Clubhouse
  • Transitional Architecture

About This Home

As of September 2017

Breath taking views from your home patio overlooking the golf course At Larkin Golf Club !Spacious 4 bedroom w/a bonus room (5th bedroom), 3 full bath features stone-accent & Hardie Plank siding, open floor plan, hardwoods, formal dining room. Kitchen with island, granite countertops throughout, Large family room w/gas fireplace. Trey ceiling in master bedroom, large walk-in closet, dual vanities, separate garden tub and ceramic tile shower in master bath, plus many more great features.

Last Agent to Sell the Property

Bill Yue

Brookline Homes LLC License #185054 Listed on: 04/11/2017

Brookline Homes LLC

Last Buyer's Agent

Debi Hepfer

Lake Norman Realty, Inc. License #210949

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 8,712

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Additional Features

  • Pond
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2824000009

Community Details

Overview

  • Built by DR Horton

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.96388
  • Ratio Current Price By Acre: 1292100.00
  • Ratio Current Price By Sq Ft: 101.02
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1387
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Natural Gas, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1171
  • Total Sq Ft: 2558
  • Sq Ft Unheated Main: 545
  • Sq Ft Unheated Total: 545

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Playground, Pond, Outdoor Pool, Tennis Court(s)
  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 55x145
  • Lot Features: Golf Course View
  • Parcel Number: 2824000009
  • Zoning: Residential
  • Zoning Specification: sfr

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Value: 258420.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
Sep 26, 2017
Sold by
D R Horton Inc
Bought by
Sumner Kelly M and Sumner David
Seller's Agent
Bill Yue
Brookline Homes LLC
Buyer's Agent
Debi Hepfer
Lake Norman Realty, Inc.
List Price
$268,105
Sold Price
$258,420
Premium/Discount to List
-$9,685
-3.61%
Current Estimated Value
$444,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,417
Avg. Annual Appreciation
6.88%
Original Mortgage
$253,739
Outstanding Balance
$215,155
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$229,682
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sumner Kelly M $259,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumner Kelly M $253,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $258,420 -3.6% $101 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $268,105 -- $105 / 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 $4,079 $394,980 $60,000 $334,980
2023 $4,079 $394,980 $60,000 $334,980
2022 $2,918 $257,800 $40,000 $217,800
2021 $2,974 $257,800 $40,000 $217,800
2020 $2,974 $257,800 $40,000 $217,800
2019 $2,948 $257,800 $40,000 $217,800
2018 $2,823 $262,880 $44,000 $218,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3270381

Canopy MLS (Canopy Realtor® Association)

APN: 4743-51-0387.000