NOT LISTED FOR SALE

118 Martin Ln Unit 43 & 44 Statesville, NC 28625

Estimated Value: $198,747 - $261,000

2 Beds
1 Bath
1,254 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $135,200 $108 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,285/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Separate Outdoor Workshop
  • 1-Story Property
  • Attic
  • Storage Room
  • Many Trees

About This Home

As of February 2019

Well maintained ranch on a large lot with a detached workshop and two carports. Would make a terrific home now and possibly a business property in the future. Easy access to I-40, I-77, Broad St, and Hwy 64 Corridor. The property includes 2 parcels 4755-85-3278.000 and 4755-85-4306.000 for over an half an acre. There is a great attic space that could be easily finished for a large bedroom or bonus room. The workshop outside has electricity and provides a great place to set up shop.

Last Agent to Sell the Property

Lara Murphy

EXP Realty LLC Mooresville License #241989 Listed on: 01/05/2019

EXP Realty LLC Mooresville

Last Buyer's Agent

Lara Murphy

EXP Realty LLC Mooresville License #241989 Listed on: 01/05/2019

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Storage Room
  • Carpet
  • Pull Down Stairs to Attic

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4755-85-3278.000 & 4755-85-4306.000
  • Tax Block D

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.10820
  • Ratio Close Price By Original Li: 1.10820
  • Ratio Current Price By Acre: 174451.61
  • Ratio Current Price By Sq Ft: 107.81
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Flooring: Carpet
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Storage Unit
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1254
  • Total Sq Ft: 1254

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Trees
  • Parcel Number: 4755-85-3278.000 & 4755-85-4306.000
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 54570.00
  • Tax Block: D
  • Tax Location: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2019
Closed on
Feb 8, 2019
Sold by
Greenhill Paul J
Bought by
Martin Billy Ray
Seller's Agent
Lara Murphy
EXP Realty LLC Mooresville
Buyer's Agent
Lara Murphy
EXP Realty LLC Mooresville
List Price
$122,000
Sold Price
$135,200
Premium/Discount to List
$13,200
10.82%
Current Estimated Value
$234,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,737
Avg. Annual Appreciation
8.45%
Original Mortgage
$100,000
Outstanding Balance
$87,918
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$147,019

Purchase Details

Closed on
Oct 7, 1999
Sold by
Baker Ruth Harder and Baker Lewis Burton
Bought by
Greenhill Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,050
Interest Rate
7.91%

Purchase Details

Closed on
Jun 1, 1973

Purchase Details

Closed on
Jun 1, 1953
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
Martin Billy Ray $136,000 None Available
Greenhill Paul J $67,500 --
-- $17,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Billy Ray $100,000
Previous Owner Greenhill Paul J $60,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $135,200 +10.8% $108 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $122,000 -- $97 / 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 $574 $87,050 $11,250 $75,800
2023 $574 $87,050 $11,250 $75,800
2022 $445 $61,420 $11,250 $50,170
2021 $441 $61,420 $11,250 $50,170
2020 $441 $61,420 $11,250 $50,170
2019 $435 $61,420 $11,250 $50,170
2018 $378 $54,570 $11,250 $43,320
2017 $378 $54,570 $11,250 $43,320
2016 $378 $54,570 $11,250 $43,320
2015 $378 $54,570 $11,250 $43,320
2014 $370 $57,320 $11,250 $46,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3462196

Canopy MLS (Canopy Realtor® Association)

APN: 4755-85-3278.000