NOT LISTED FOR SALE

1540 Old Mountain Rd Statesville, NC 28677

Estimated Value: $277,000 - $316,000

2 Beds
2 Baths
1,500 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $255,000 $170 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,697/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • Circular Driveway
  • Ceiling Fan
  • No HOA
  • Outdoor Storage
  • Fenced

About This Home

As of June 2022

Adorable 2BR, 2BA brick ranch home with a gorgeous 40X10 partially covered back deck overlooking a
large, well manicured fenced in back yard with a large building. Kitchen has new vinyl plank flooring.
With a little TLC this home has so many possibilities! Plenty of parking and wrap around driveway. Per
seller roof installed in 2011 & HVAC approximately 3 years ago. Conveniently located near interstate 40!
You don't want to miss this one!!

Last Agent to Sell the Property

Sherry Hollingsworth

Tarheel Realty II License #310698 Listed on: 05/04/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $499

Year Built

  • Built in 1961

Lot Details

  • 0.69 Acre Lot
  • Fenced
  • Property is zoned RA

Parking

  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,347 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 4713368555000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$499

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: None
  • Directions: Head east on I-40 E, Take exit 144 for Old Mountain Rd, Turn right onto Old Mountain Rd, in 1.6 miles the destination will be on the left.
  • Above Grade Finished Sq Ft: 1347
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 200 - 400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Living Area: 1347
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4713368555000
  • Zoning: RA
  • TRIADMLS_PlatPage: 93
  • TRIADMLS_PlatBook: 6
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 499.39
  • Tax Lot: 7
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.5375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 17, 2022
Sold by
Lewallen Holly L
Bought by
Minton Jerry Wayne and Fletcher Santanna
Seller's Agent
Sherry Hollingsworth
Tarheel Realty II
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Current Estimated Value
$298,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,245
Avg. Annual Appreciation
4.76%
Original Mortgage
$250,381
Outstanding Balance
$238,197
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$60,048

Purchase Details

Closed on
Oct 4, 2018
Sold by
Lewallen Dale Robert and Lewallen Holly L
Bought by
Lewallen Dale Robert and Lewallen Holly L

Purchase Details

Listed on
Jun 5, 2014
Closed on
Dec 12, 2014
Sold by
Cooper Larry Glenn and Cooper Sharon Marie
Bought by
Lewallen Dale Robert
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$78,571
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1998
Sold by
Miller Pierce Aileen and Miller Roy C
Bought by
Cooper Larry Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
7.04%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 1996

Purchase Details

Closed on
Jun 1, 1960
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
Minton Jerry Wayne $255,000 Ralston Benton Byerley & Moore
Lewallen Dale Robert -- None Available
Lewallen Dale Robert $77,000 None Available
Cooper Larry Glenn $70,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minton Jerry Wayne $250,381
Previous Owner Lewallen Dale Robert $78,571
Previous Owner Cooper Larry Glenn $69,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $255,000 +6.3% $213 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $239,900 +211.6% $200 / Sq Ft
12/12/2014 12/12/14 Sold $77,000 -14.3% $56 / Sq Ft View Prior Sale
11/03/2014 11/03/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $89,900 -- $65 / Sq Ft
Source: Triad MLS

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 $1,542 $251,190 $30,000 $221,190
2023 $1,542 $251,190 $30,000 $221,190
2022 $643 $92,910 $20,400 $72,510
2021 $639 $92,910 $20,400 $72,510
2020 $613 $88,690 $20,400 $68,290
2019 $604 $88,690 $20,400 $68,290
2018 $552 $83,660 $20,400 $63,260
2017 $552 $83,660 $20,400 $63,260
2016 $552 $83,660 $20,400 $63,260
2015 $552 $99,620 $20,400 $79,220
2014 -- $113,920 $20,400 $93,520
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherry Hollingsworth

    Tarheel Realty II

    (704) 871-8770

    20 in this area

    68 Total Sales

    Sherry Hollingsworth
    Section Image

  • N

    Buyer's Agent in 2022

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1068200

Triad MLS

APN: 4713-36-8555.000

North Carolina Iredell County Statesville 28677

1540 Old Mountain Rd, Statesville, NC

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