NOT LISTED FOR SALE

122 Margo Ln Unit 11 Statesville, NC 28677

Estimated Value: $413,541 - $444,000

3 Beds
3 Baths
2,330 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $262,985 $113 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,749/month

Highlights

  • Golf Course Community
  • Open Floorplan
  • Pond
  • Under Construction
  • Clubhouse
  • Ranch Style House

About This Home

As of October 2017

Breath taking views from your rear covered porch overlooking the golf course at Larkin Golf Club. Spacious 3 bedrooms, 3 bath, a flex room and giant loft on the 2nd floor features stone-accent & Hardie Plank siding, open floor plan, hardwoods, casual dining, open Kitchen with island, granite countertops throughout, family room w/gas fireplace. spacious master bedroom, large walk-in closet, dual vanities, large walk in tile shower with a bench seat in master bath. lots of storage space in attic.

Last Agent to Sell the Property

Bill Yue

Brookline Homes LLC License #185054 Listed on: 07/08/2017

Brookline Homes LLC

Last Buyer's Agent

Dave Knapp

Home Ventures Realty License #258107

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 8,276

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Kitchen Island
  • Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 2824000011

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: 1.5 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00624
  • Ratio Close Price By Original Li: 1.00624
  • Ratio Current Price By Acre: 1384131.58
  • Ratio Current Price By Sq Ft: 112.87
  • Year Built: 2017
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 657
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Natural Gas, Gas Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Walk-in, Kitchen Island, Open Floorplan, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1673
  • Total Sq Ft: 2330
  • Sq Ft Unheated Main: 583
  • Sq Ft Unheated Total: 583

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • 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

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Dimension: 55 x 150
  • Lot Features: Golf Course View
  • Lot Size Area: 0.190
  • Parcel Number: 2824000011
  • Zoning: Residential
  • Zoning Specification: sfr

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Value: 261355.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2017
Closed on
Oct 13, 2017
Sold by
D R Horton Inc
Bought by
Farrell Mark D and Farrell Deborah K
Seller's Agent
Bill Yue
Brookline Homes LLC
Buyer's Agent
Dave Knapp
Home Ventures Realty
List Price
$261,355
Sold Price
$262,985
Premium/Discount to List
$1,630
0.62%
Current Estimated Value
$431,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,782
Avg. Annual Appreciation
6.45%
Original Mortgage
$394,477
Outstanding Balance
$333,092
Interest Rate
3.78%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$95,543
Source: Public Records

Range of Values:

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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
Farrell Mark D $263,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Mark D $394,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $262,985 +0.6% $113 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $261,355 -- $112 / 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 $4,266 $387,940 $60,000 $327,940
2023 $4,008 $387,940 $60,000 $327,940
2022 $2,993 $259,520 $40,000 $219,520
2021 $2,993 $259,520 $40,000 $219,520
2020 $2,993 $259,520 $40,000 $219,520
2019 $2,967 $259,520 $40,000 $219,520
2018 $2,704 $251,060 $44,000 $207,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3299317

Canopy MLS (Canopy Realtor® Association)

APN: 4743-51-1371.000