NOT LISTED FOR SALE

147 Island Terrace Rd Unit 15 Statesville, NC 28677

Estimated Value: $263,000 - $378,000

3 Beds
2 Baths
1,292 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $155,000 $120 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,738/month

37 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Fenced
  • Cathedral Ceiling
  • Storm Doors
  • Carpet

About This Home

As of August 2018

LAKE ACCESS, plus large public access and restaurant within a short distance. Northern end of Lake Norman , this area offers the lake for those hot summer days. Enjoy swimming and boating. It is also a short distance for shopping, restaurants, banking in the town of Troutman. This 3 bedroom, 2 bath home could be yours! Home has a backup generator, also a step saver tub. Home is located west of Statesville , short drive from interstate 40. surrounding towns are Hickory, Troutman, Statesville and maybe an hour to Charlotte. Don't let this home slip you by,summer is almost here!

Last Agent to Sell the Property

Teresa Weber

Lake Norman Realty, Inc. License #289507 Listed on: 05/27/2018

Lake Norman Realty, Inc.

Last Buyer's Agent

Tammy Goodwin

Carolina Signature Realty License #226897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Carpet
  • Storm Doors

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Shed
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 4711-50-6057.000

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.93939
  • Ratio Close Price By Original Li: 0.93939
  • Ratio Current Price By Acre: 155000.00
  • Ratio Current Price By Sq Ft: 119.97
  • Year Built: 2001
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Exhaust Fan
  • Flooring: Carpet
  • Interior Amenities: Cable Available, Cathedral Ceiling(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1292
  • Total Sq Ft: 1292
  • Sq Ft Unheated Main: 192
  • Sq Ft Unheated Total: 192

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 200x115x200x115
  • Lot Features: Lake Access
  • Parcel Number: 4711-50-6057.000
  • Plat Reference Section Pages: 12/52
  • Zoning Specification: R20

Tax Info

  • Tax Value: 120480.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2025
Sold by
Peterson Lynn Ransom
Bought by
Lynn Ransom Peterson Living Trust and Peterson
Current Estimated Value
$308,921

Purchase Details

Listed on
May 27, 2018
Closed on
Aug 28, 2018
Sold by
Justice Grayson C and Justice Lula C
Bought by
Peterson Lynn R
Seller's Agent
Teresa Weber
Lake Norman Realty, Inc.
Buyer's Agent
Tammy Goodwin
Carolina Signature Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$158,332
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2002
Sold by
Bo Of North Carolina Inc
Bought by
Justice Grayson C and Justice Lula C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,900
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Lynn Ransom Peterson Living Trust -- None Listed On Document
Lynn Ransom Peterson Living Trust -- None Listed On Document
Peterson Lynn R $155,000 None Available
Justice Grayson C $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Lynn R $158,332
Previous Owner Justice Grayson C $85,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $155,000 -6.1% $120 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $165,000 -- $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 $1,324 $210,730 $30,000 $180,730
2023 $1,324 $210,730 $30,000 $180,730
2022 $1,009 $148,890 $25,000 $123,890
2021 $990 $148,890 $25,000 $123,890
2020 $990 $148,890 $25,000 $123,890
2019 $953 $148,890 $25,000 $123,890
2018 $772 $120,480 $25,000 $95,480
2017 $772 $120,480 $25,000 $95,480
2016 $772 $120,480 $25,000 $95,480
2015 $772 $120,480 $25,000 $95,480
2014 $714 $120,340 $20,000 $100,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3393916

Canopy MLS (Canopy Realtor® Association)

APN: 4711-50-6057.000