NOT LISTED FOR SALE

159 River Ridge Ln Statesville, NC 28677

Estimated Value: $781,000 - $1,086,772

0.52 Acre
$1,805,015 Price per Acre
22,521 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $276,000

Est. 238% increase in value since last sale

Current estimated payment $5,316/month

123 Days on Market

About This Lot

As of May 2022

Build your dream home on this beautiful lake lot in Laurel Cove. Imagine the beautiful view from your front deck, or going out in your boat anytime you want to ski, fish, or just enjoy the sunset. Edge of water is shallow enough to have a play area.

Last Agent to Sell the Property

Cindy Harris

Tarheel Realty II License #240710 Listed on: 01/08/2022

Last Buyer's Agent

Cindy Harris

Tarheel Realty II License #240710 Listed on: 01/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,764

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • Possible uses of the property include Recreational/2nd House, Residential
  • Zoning described as R20

Basement

  • Crawl Space

Utilities

  • Well Required
  • Septic Needed

Community Details

  • River Hills Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4710-58-5212.000

Property Details

Property Type

Land

Est. Annual Taxes

$4,764

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 556451.61
  • Restrictions: Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Water Body Name: Lake Norman
  • Waterfront Features: None

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Lake On Property, Sloped, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 4710-58-5212.000
  • Out Buildings Yn: 0
  • Zoning Description: R20

Tax Info

  • RATIO List Price By Tax Amount: 1.69082

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
May 11, 2022
Sold by
Lee Martin Randy and Lee Lisa M
Bought by
Coleman Krystal Michelle and Popp Dennis Karl
Seller's Agent
Cindy Harris
Tarheel Realty II
Buyer's Agent
Cindy Harris
Tarheel Realty II
List Price
$350,000
Sold Price
$276,000
Premium/Discount to List
-$74,000
-21.14%
Current Estimated Value
$933,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,193
Avg. Annual Appreciation
41.35%

Purchase Details

Closed on
Jan 1, 2012
Sold by
Martin Shirley Bustle
Bought by
Martin Shirley Bustle and Martin Randy L

Purchase Details

Closed on
Sep 12, 1980

Purchase Details

Closed on
Nov 9, 1979
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
Coleman Krystal Michelle $276,000 Carpenter Alan G
Martin Shirley Bustle -- None Available
-- $16,500 --
-- $89,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $276,000 -21.1% --
01/08/2022 01/08/22 For Sale $350,000 -- --
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 $4,764 $783,970 $230,000 $553,970
2023 $4,764 $266,930 $230,000 $36,930
2022 $1,299 $207,000 $207,000 $0
2021 $1,299 $207,000 $207,000 $0
2020 $1,299 $207,000 $207,000 $0
2019 $1,247 $207,000 $207,000 $0
2018 $1,237 $207,000 $207,000 $0
2017 $1,237 $207,000 $207,000 $0
2016 $1,237 $207,000 $207,000 $0
2015 $1,237 $207,000 $207,000 $0
2014 -- $202,500 $202,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818926

Canopy MLS (Canopy Realtor® Association)

APN: 4710-58-5212.000