NOT LISTED FOR SALE

124 Gays Chapel Rd Statesville, NC 28625

Estimated Value: $335,238 - $412,000

3 Beds
2 Baths
1,620 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $222,500 $137 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,991/month

9 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Vinyl Plank Flooring
  • Cool Spring Elementary School Rated A-

About This Home

As of August 2020

This amazing three bed, two bath ranch home on almost one and a half acres in Iredell County has been almost completely rebuilt from the ground up and is ready for a new life with new owners!! The interior was completely gutted: all the walls and floor framing were removed and are completely rebuilt. The electrical systems and plumbing systems are brand new, as well as all associated fixtures. Paint, flooring, cabinets, vanities, counter-tops, and appliances are all brand new. The HVAC system is brand new, and a new metal roof has just been installed. Even the septic system has been upgraded. Everything has been permitted and inspected. This property has SO MUCH to offer and will serve you very well for many many years! Sit on the back patio and enjoy the spacious level back yard, perfect for entertaining, playing sports, or just to relax. Don't miss it!

Last Agent to Sell the Property

Matthew Peachey

United Country Real Estate Carolina Properties License #288160 Listed on: 06/30/2020

Last Buyer's Agent

Chloe Chuby

NorthGroup Real Estate LLC License #317349

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 1.32

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl Plank

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Cleared Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4775-53-6424.000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01367
  • Ratio Close Price By Original Li: 1.01367
  • Ratio Current Price By Acre: 168560.61
  • Ratio Current Price By Sq Ft: 137.35
  • Year Built: 1976
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Convection Oven
  • Flooring: Carpet, Vinyl Plank
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1620
  • Total Sq Ft: 1620

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 1.32 Acres
  • Lot Features: Cleared
  • Parcel Number: 4775-53-6424.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 116910.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 5, 2020
Sold by
Innovative Home Pros Llc
Bought by
Warlick William Clark and Warlick Jordan Chuby
Seller's Agent
Matthew Peachey
United Country Real Estate Carolina Properties
Buyer's Agent
Chloe Chuby
NorthGroup Real Estate LLC
List Price
$219,500
Sold Price
$222,500
Premium/Discount to List
$3,000
1.37%
Current Estimated Value
$350,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,235
Avg. Annual Appreciation
9.39%
Original Mortgage
$218,469
Outstanding Balance
$193,291
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$165,769

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 9, 2019
Sold by
Fannie Mae
Bought by
Innovative Home Pros
Seller's Agent
Kimberly Henderson
The Firm Real Estate
Buyer's Agent
Matthew Peachey
United Country Real Estate Carolina Properties
List Price
$79,900
Sold Price
$80,500
Premium/Discount to List
$600
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
402.17%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Dishman Wayne M and Dishman Reba B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 1, 1988

Purchase Details

Closed on
Jun 1, 1980

Purchase Details

Closed on
Jun 1, 1979

Purchase Details

Closed on
Jun 1, 1977

Purchase Details

Closed on
Jun 1, 1976
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
Warlick William Clark $222,500 None Available
Innovative Home Pros -- None Available
Federal National Mortgage Association $90,171 None Available
-- $71,500 --
-- -- --
-- -- --
-- $32,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warlick William Clark $218,469
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $222,500 +1.4% $137 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $219,500 -1.3% $135 / Sq Ft
06/30/2020 06/30/20 Off Market $222,500 -- --
06/30/2020 06/30/20 For Sale $219,500 +172.7% $135 / Sq Ft
12/22/2019 12/22/19 Sold $80,500 +0.8% $50 / Sq Ft View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $79,900 0.0% $49 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $79,900 -- $49 / 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
2025 $1,811 $286,660 $27,220 $259,440
2024 $1,811 $269,380 $27,220 $242,160
2023 $1,709 $274,560 $27,220 $247,340
2022 $1,366 $198,520 $22,120 $176,400
2021 $1,358 $198,520 $22,120 $176,400
2020 $835 $115,280 $23,750 $91,530
2019 $834 $116,910 $22,140 $94,770
2018 $752 $108,440 $22,140 $86,300
2017 $752 $108,440 $22,140 $86,300
2016 $752 $108,440 $22,140 $86,300
2015 $752 $108,440 $22,140 $86,300
2014 $761 $118,340 $27,250 $91,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3629665

Canopy MLS (Canopy Realtor® Association)

APN: 4775-53-6424.000