NOT LISTED FOR SALE

139 N Morvue Loop Statesville, NC 28625

Estimated Value: $350,000 - $422,000

4 Beds
3 Baths
3,255 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $470,000 $144 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,299/month

27 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Bi-Level Home
  • Balcony
  • 2 Car Attached Garage

About This Home

As of April 2023

Spacious brick home in W. Iredell, 10 min to town yet a very country location. This home is over 1800 sf upstairs and almost 1400 sf finished in the basement. The main level includes a large open living room with fireplace, adjacent modern, upgraded kitchen and opens onto to a 13 ft deck which wraps around to the front of the house. On the main floor is the primary bedroom and bathroom and two additional bedrooms and bathroom with a double sink vanity. An open stairway leads to the spacious modern basement area which features a nice open living room area and one bedroom and one bathroom. There is an additional "office" area which could be used as reading room, play room,or a bedroom (home has septic permit for 4 bedrooms). The bsmt also has the utility area and several small rooms for storage , it opens into the two car garage. Included with this home is an additional .5 acre lot and a new 50 x 30 metal building with 220 electric, insulated and has three 10 ft rollup doors.

Last Listed By

Bob Haden

United Country Real Estate Piedmont Carolina Realty License #164675 Listed on: 02/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 185x175x24x187 187x206x168
  • Property is zoned RUR

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway
  • 2 Open Parking Spaces

Home Design

  • Bi-Level Home
  • Permanent Foundation
  • Four Sided Brick Exterior Elevation

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Scotts Elementary School
  • West Iredell Middle School
  • West Iredell High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4706-51-5466.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,741

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1978
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Split Entry (Bi-Level)
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 144.39
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Permanent
  • Flooring: Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1860
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 465
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 465
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Oven, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1860
  • Has Basement: Basement Garage Door, Exterior Entry, Interior Entry, Partially Finished, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1395
  • Door Features: Sliding Doors
  • Living Area: 3255
  • Bedroom Main: 3
  • Room Count: 3
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: security cameras
  • Waterfront Elevation: 1000
  • Construction Type: Brick Full
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Balcony, Covered, Deck, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 868
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 4706-51-5466.000
  • Zoning: RUR
  • Plat Book Slide: 6-98
  • Plat Reference Section Pages: 6-98
  • Lot Size: 185x175x24x187 187x206x168
  • Additional Parcels Description: 4706-51-5324 lot 39
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RUR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Scotts
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 28, 2023
Sold by
Short John and Short Annette L
Bought by
Davis Timothy
Seller's Agent
Bob Haden
United Country Real Estate Piedmont Carolina Realty
Buyer's Agent
Marjorie Valencia
Paola Alban Realtors
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Total Days on Market
27
Views
66
Current Estimated Value
$388,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,574
Avg. Annual Appreciation
-5.89%
Original Mortgage
$461,487
Outstanding Balance
$449,344
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
-$33,582

Purchase Details

Closed on
Mar 18, 2020
Sold by
Davis Derek D and Davis Heather O
Bought by
Short John and Short Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,125
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
Sold by
Lates Neil and Lates Kimberly
Bought by
Davis Derek D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,125
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2015
Sold by
Gilbrook Investments Llc
Bought by
Davis Derek D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,061
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Hellard Norma J
Bought by
Gilbrook Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1987

Purchase Details

Closed on
Jun 1, 1977

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
Davis Timothy $470,000 Investors Title
Short John $227,500 None Available
Davis Derek D -- None Available
Davis Derek D $150,000 None Available
Gilbrook Investments Llc $158,000 None Available
-- -- --
-- $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Timothy $461,487
Previous Owner Short John $216,125
Previous Owner Davis Derek D $153,061
Previous Owner Gilbrook Investments Llc $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $470,000 +1.1% $144 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/05/2023 03/05/23 Price Changed $465,000 -6.1% $143 / Sq Ft
02/23/2023 02/23/23 For Sale $495,000 -- $152 / 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 $1,741 $284,880 $13,500 $271,380
2023 $1,741 $284,880 $13,500 $271,380
2022 $1,171 $177,020 $13,500 $163,520
2021 $1,167 $177,020 $13,500 $163,520
2020 $1,167 $177,020 $13,500 $163,520
2019 $1,149 $177,020 $13,500 $163,520
2018 $1,015 $161,130 $13,500 $147,630
2017 $1,015 $161,130 $13,500 $147,630
2016 $1,015 $161,130 $13,500 $147,630
2015 $1,015 $161,130 $13,500 $147,630
2014 $998 $170,410 $13,500 $156,910
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004533

Canopy MLS (Canopy Realtor® Association)

APN: 4706-51-5466.000