NOT LISTED FOR SALE

140 Margo Ln Statesville, NC 28677

Estimated Value: $481,589 - $542,000

5 Beds
4 Baths
3,416 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $336,000 $98 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,120/month

157 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wood Flooring
  • Open Floorplan
  • Pond
  • Community Pool

About This Home

As of September 2020

Perfect home for a large or growing family. This beautiful home has amazing views of the golf course at Larkin Golf Club! Spacious 5 bedroom home with huge bonus room upstairs, guest bedroom downstairs, 4 full bathrooms, Exterior features Brick-accent & Hardie Plank siding. Interior is an open floor plan, with formal dining room. Kitchen features an island, granite counter tops throughout, and pantry. Large family room w/gas log fireplace, with built-ins on each side. Master Suite features a Trey ceiling in master bedroom w/sitting room, separate walk in closets, beautiful garden tub and a ceramic tile shower in master bath. There are three more spacious bedrooms, and two other full bathrooms, and large bonus room 15'5 x 27'1 are also located on this floor. The home offers a three car garage, a new fenced in backyard with two exits. Drip irrigation has been installed in the garden bed in the backyard. The play gym located in the back yard will convey with property at no cost.

Last Agent to Sell the Property

Tammy Wyatt

Wyatt Properties License #272090 Listed on: 03/09/2020

Last Buyer's Agent

Jennifer King

Lake Realty License #230316

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 9,583

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Additional Features

  • Pond
  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4743-50-3988.000

Community Details

Overview

  • Hawthorne Management Company Association, Phone Number (704) 377-0114

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98853
  • Ratio Close Price By Original Li: 0.96137
  • Ratio Current Price By Acre: 1506726.46
  • Ratio Current Price By Sq Ft: 98.36
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1966
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Disposal, Electric Oven, Exhaust Hood, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 3416
  • Sq Ft Unheated Main: 574
  • Sq Ft Unheated Total: 574

Exterior Features

  • Construction: Brick Partial, Hardboard Siding, Shingle
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Outdoor Pool, Picnic Area, Playground, Pond, Tennis Court(s)
  • Association Fee: 30.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Hawthorne Management Company
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Third Creek
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.223
  • Parcel Number: 4743-50-3988.000
  • Plat Reference Section Pages: 597-598
  • Zoning Specification: R8MF

Tax Info

  • Tax Value: 307530.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Sep 28, 2020
Sold by
Strabley Shawn and Strabley Megan
Bought by
Teeter Austin J and Teeter Tiara Marie
Seller's Agent
Tammy Wyatt
Wyatt Properties
Buyer's Agent
Jennifer King
Lake Realty
List Price
$349,500
Sold Price
$336,000
Premium/Discount to List
-$13,500
-3.86%
Current Estimated Value
$506,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,647
Avg. Annual Appreciation
8.36%
Original Mortgage
$348,096
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2018
Sold by
D R Horton Inc
Bought by
Strabley Shawn T and Strableyy Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Interest Rate
3.94%
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
Teeter Austin J $336,000 Chicago Title
Strabley Shawn T $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teeter Austin J $387,000
Closed Teeter Austin J $348,096
Previous Owner Strabley Shawn T $243,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $336,000 -1.1% $98 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $339,900 -2.7% $100 / Sq Ft
03/09/2020 03/09/20 For Sale $349,500 -- $102 / 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 $4,686 $454,610 $60,000 $394,610
2023 $4,686 $454,610 $60,000 $394,610
2022 $3,458 $307,530 $40,000 $267,530
2021 $3,514 $307,530 $40,000 $267,530
2020 $3,514 $307,530 $40,000 $267,530
2019 $3,483 $307,530 $40,000 $267,530
2018 $2,646 $245,310 $44,000 $201,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3600799

Canopy MLS (Canopy Realtor® Association)

APN: 4743-50-3988.000