NOT LISTED FOR SALE

125 Margo Ln Statesville, NC 28677

Estimated Value: $417,000 - $466,000

3 Beds
2.5 Baths
2,379 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $430,000 $181 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,756/month

26 Days on Market

Highlights

  • Golf Course View
  • Wood Flooring
  • 2 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of July 2024

This modern, meticulously maintained 3-bedroom, 2.5-bath ranch-style home has stone accents and Hardie Plank siding for easy maintenance outside. Inside, you'll find an open floor plan with hardwood floors, a versatile living room with a custom built-in bookcase, a formal dining room, and a home office. 3M window tint added to some windows for privacy & sun reducer. Spacious garage with storage shelving & cabinets. Step outside onto the rear covered porch to relax under outdoor ceiling fan and enjoy beautiful views of the The 500 Club golf course at the 10th tee. The 500 Club is a premier sports facility open to the public that is located within Larkin and includes an 18-hole Golf Course, Putting Green, Indoor Golf Simulators, Hitting Bays, Pro Shop, Full-Service Restaurant, and soon-to-be Pickleball Courts.Pool membership is not included in the HOA fee, but is available for an additional fee. (Pool facility is currently undergoing improvements, hoping to be open by Memorial Day.)

Last Agent to Sell the Property

Melissa Jones

Allen Tate Statesville Brokerage Email: melissa.jones@allentate.com License #317799 Listed on: 04/21/2024

Allen Tate Statesville

Co-Listed By

Wendy Hodel

Allen Tate Statesville Brokerage Email: melissa.jones@allentate.com License #82363

Last Buyer's Agent

Reid Baxter

RE/MAX Executive License #239353

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 65x159x79x177
  • Property is zoned R8MF

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2,379 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Golf Course Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Fiber Optics Available

Community Details

  • Larking HOA, Phone Number (704) 347-8900
  • Larkin Golf Club Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4743-51-3423.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,244

Year Built

Built in 2017

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2017
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 180.75
  • Geocode Confidence: High
  • Attribution Contact: melissa.jones@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2379
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2379
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 2379
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Golf Course
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Utilities: Electricity Connected, Fiber Optics, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Larking HOA
  • Phone: 704-347-8900
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@wmdouglas.com

Association/Amenities

  • Association Annual Expense: 400.00

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 4743-51-3423.000
  • Zoning: R8MF
  • Lot Size: 65x159x79x177
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8MF

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jun 28, 2024
Sold by
Schweger Nancy M
Bought by
Tolley Charles L and Giuliano Edna
Seller's Agent
Melissa Jones
Allen Tate Statesville
Buyer's Agent
Reid Baxter
RE/MAX Executive
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
41
Current Estimated Value
$434,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,751
Avg. Annual Appreciation
0.98%

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 26, 2021
Sold by
Op Spe Tpai Llc
Bought by
Schweger Nancy M
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Wendy Hodel
Allen Tate Statesville
List Price
$344,900
Sold Price
$357,000
Premium/Discount to List
$12,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$192,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jun 11, 2021
Sold by
Hicks Patricia A and Hicks Ricky J
Bought by
Op Spe Tpa1 Llc
Seller's Agent
Derek Dickson
OfferPad Brokerage LLC
Buyer's Agent
Wendy Hodel
Allen Tate Statesville
List Price
$344,900
Sold Price
$357,000
Premium/Discount to List
$12,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Jan 15, 2020
Sold by
Herny Lawrence and Herny Jennifer
Bought by
Hicks Ricky J and Hicks Patricia A
Seller's Agent
Monica Besecker
Keller Williams Unified
Buyer's Agent
Olivia Swing
NorthGroup Real Estate LLC
List Price
$305,000
Sold Price
$290,000
Premium/Discount to List
-$15,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$232,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
D R Horton Inc
Bought by
Herny Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Tolley Charles L $430,000 Executive Title
Schweger Nancy M $357,000 None Available
Op Spe Tpa1 Llc $335,500 First American Title Ins Co
Hicks Ricky J $290,000 Roct
Herny Lawrence $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolley Charles L $75,000
Previous Owner Schweger Nancy M $192,000
Previous Owner Hicks Ricky J $232,000
Previous Owner Herny Lawrence $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $430,000 -1.1% $181 / Sq Ft
04/27/2024 04/27/24 For Sale $435,000 +21.8% $183 / Sq Ft
07/27/2021 07/27/21 Sold $357,000 +3.5% $153 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $344,900 +18.9% $148 / Sq Ft
01/15/2020 01/15/20 Sold $290,000 -3.3% $122 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $299,950 -1.7% $126 / Sq Ft
07/25/2019 07/25/19 For Sale $305,000 -- $128 / 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 $4,244 $385,920 $60,000 $325,920
2023 $3,987 $385,920 $60,000 $325,920
2022 $2,989 $264,310 $40,000 $224,310
2021 $3,045 $264,310 $40,000 $224,310
2020 $3,045 $264,310 $40,000 $224,310
2019 $3,018 $264,310 $40,000 $224,310
2018 $2,729 $253,490 $44,000 $209,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4129127

Canopy MLS (Canopy Realtor® Association)

APN: 4743-51-3423.000