NOT LISTED FOR SALE

131 Olive Tea Ln Statesville, NC 28625

Estimated Value: $320,209 - $331,000

3 Beds
2 Baths
1,590 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2025

Last sale price $326,500 $205 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,050 / mo

89 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Laundry Room
  • Covered Patio or Porch
  • Walk-In Closet
  • Entrance Foyer

About This Home

As of February 2025

Seller offering $5000 towards closing costs or rate buy down! Move-in ready, nearly brand new home on a premium lot backing up to common area for more privacy. Home has barely been lived in but has established grass and one of the better locations in the neighborhood. Popular Bedford plan features an open living area with spacious kitchen island, lots of windows for natural light, covered rear patio, split bedroom arrangement, this home is the perfect ranch home, cozy and bright. Lovely and durable vinyl plank wood-look flooring throughout most of the home, tiled bathrooms and laundry Neighborhood amenities planned include pickle ball court, walking trails, community picnic and garden areas.

Last Agent to Sell the Property

Gina Compton

ERA Live Moore Brokerage Email: ginacrealtor@aol.com License #157757 Listed on: 10/21/2024

ERA Live Moore

Co-Listed By

Abby Taylor

ERA Live Moore Brokerage Email: ginacrealtor@aol.com License #294635

Last Buyer's Agent

Monique Spittel

Southern Homes of the Carolinas, Inc License #298354

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Level Lot
  • Property is zoned CU R5

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4755-80-7843.000

Community Details

Overview

  • Cam Management Association, Phone Number (704) 731-5560
  • Bell Farm Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

7,405 Sq Ft Lot

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 205.35
  • Geocode Confidence: High
  • Attribution Contact: ginacrealtor@aol.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1590
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 450
  • Sq Ft Unheated Total: 450
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Above Grade Finished Sq Ft: 1590
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1590
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Stone Veneer
  • 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: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Picnic Area, Walking Trails, Other
  • Association Fee: 164
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CAM Management
  • Phone: 704-731-5560
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 656.00

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 4755-80-7843.000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CU R5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Feb 12, 2025
Sold by
Bought by
Seller's Agent
Gina Compton
ERA Live Moore
Buyer's Agent
Monique Spittel
Southern Homes of the Carolinas, Inc
List Price
$329,900
Sold Price
$326,500
Premium/Discount to List
-$3,400
-1.03%
Views
60
Current Estimated Value
$324,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,948
Avg. Annual Appreciation
-0.44%
Original Mortgage
$205,500
Outstanding Balance
$203,559
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$120,993

Purchase Details

Closed on
Aug 7, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2023
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$326,500 Southern Homes Title
$330,000 None Listed On Document
$1,373,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $205,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $326,500 -0.5% $205 / Sq Ft
11/29/2024 11/29/24 Price Changed $328,000 -0.6% $206 / Sq Ft
10/21/2024 10/21/24 For Sale $329,900 -- $207 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,907 $279,810 $55,000 $224,810
2024 $2,907 $279,810 $55,000 $224,810
2023 $2,907 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gina Compton

    ERA Live Moore

    (704) 400-2632

    148 Total Sales

    Gina Compton
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Abby Taylor

    ERA Live Moore

    (704) 402-8314

    55 Total Sales

    Abby Taylor
    Section Image
  • Monique Spittel

    Buyer's Agent in 2025

    Monique Spittel

    Southern Homes of the Carolinas, Inc

    (704) 534-3160

    21 Total Sales

    Monique Spittel
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4193060

Canopy MLS

APN: 4755-80-7843.000

North Carolina Iredell County Statesville 28625

131 Olive Tea Ln, Statesville, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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