118 Pearce Farm Ln Statesville, NC 28625
Estimated Value: $177,000 - $250,000
3
Beds
1
Bath
960
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 118 Pearce Farm Ln, Statesville, NC 28625 and is currently estimated at $204,462, approximately $212 per square foot. 118 Pearce Farm Ln is a home located in Iredell County with nearby schools including Scotts Elementary School, West Iredell Middle School, and West Iredell High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2010
Sold by
Wellman Jay Thomas and Wellman Carla Fox
Bought by
Hunt James Douglas and Hunt Teresa L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Outstanding Balance
$53,796
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$150,666
Purchase Details
Closed on
Aug 7, 2008
Sold by
Wellman Jay T
Bought by
Wellman Jay Thomas and Wellman Carla Fox
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 1999
Sold by
Shamblin Kelli J and Campbell Kelli J Shamblin
Bought by
Wellman Jay T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 1996
Purchase Details
Closed on
Mar 1, 1990
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hunt James Douglas | $80,000 | None Available | |
| Wellman Jay Thomas | -- | None Available | |
| Wellman Jay T | $45,000 | -- | |
| -- | $38,500 | -- | |
| -- | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hunt James Douglas | $78,551 | |
| Previous Owner | Wellman Jay Thomas | $70,500 | |
| Previous Owner | Wellman Jay T | $36,000 |
Source: Public Records
Tax History Compared to Growth
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 | $952 | $142,860 | $10,500 | $132,360 |
| 2023 | $903 | $142,860 | $10,500 | $132,360 |
| 2022 | $715 | $104,330 | $9,000 | $95,330 |
| 2021 | $711 | $104,330 | $9,000 | $95,330 |
| 2020 | $711 | $104,330 | $9,000 | $95,330 |
| 2019 | $700 | $104,330 | $9,000 | $95,330 |
| 2018 | $607 | $92,880 | $9,000 | $83,880 |
| 2017 | $607 | $92,880 | $9,000 | $83,880 |
| 2016 | $607 | $92,880 | $9,000 | $83,880 |
| 2015 | $607 | $92,880 | $9,000 | $83,880 |
| 2014 | $580 | $95,160 | $9,000 | $86,160 |
Source: Public Records
Map
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