NOT LISTED FOR SALE

162 May Dr Statesville, NC 28677

Estimated Value: $224,000 - $270,628

3 Beds
1 Bath
1,421 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $118,500 $83 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,473/month

3 Days on Market

Highlights

  • Ranch Style House
  • Many Trees
  • Wood Burning Fireplace
  • Wood Flooring
  • Level Lot

About This Home

As of July 2019

Adorable ranch basement home offers 3 bedrooms and 1 full bathroom. This home is within walking distance to Statesville High School & Downtown Statesville for wonderful shopping & dining choices. Fresh paint, new stainless steel appliances in good size kitchen that will appeal to the fussiest chef in your household. Wood burning fireplace in the extremely spacious living room adds a perfect ambiance to relax and enjoy. All 3 bedrooms are really nice size. Bonus area that can be utilized as a formal dining area or office space.The utility basement is accessed on the outside of the home and offers tons of storage and workshop area. Beautiful private fenced backyard with an awesome inground fish pond that offers a wonderful serene setting to entertain guests or relax after a long days work. This home offers a wonderful screened in side porch and nice size deck in the back. You will love this adorable home and great neighborhood.

Last Agent to Sell the Property

Debi Hepfer

Lake Norman Realty, Inc. License #210949 Listed on: 06/06/2019

Lake Norman Realty, Inc.

Last Buyer's Agent

Michael Schopps

Keller Williams Unified License #306441

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4735-80-0160.000
  • Tax Block 2366

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00424
  • Ratio Close Price By Original Li: 1.00424
  • Ratio Current Price By Acre: 538636.36
  • Ratio Current Price By Sq Ft: 83.39
  • Year Built: 1951
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1421
  • Total Sq Ft: 1421
  • Sq Ft Unheated Basement: 352
  • Sq Ft Unheated Main: 114
  • Sq Ft Unheated Total: 466

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Dimension: 68x144x66x156
  • Lot Features: Level, Lake, Trees
  • Parcel Number: 4735-80-0160.000
  • Plat Book Slide: 1330
  • Zoning Specification: R8

Tax Info

  • Tax Value: 73830.00
  • Tax Block: 2366
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jun 15, 2019
Sold by
Canter Holly M and Allison Holly M
Bought by
Carter Thomas R and Carter Ann T
Seller's Agent
Debi Hepfer
Lake Norman Realty, Inc.
Buyer's Agent
Michael Schopps
Keller Williams Unified
List Price
$118,000
Sold Price
$118,500
Premium/Discount to List
$500
0.42%
Current Estimated Value
$248,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,907
Avg. Annual Appreciation
12.34%
Original Mortgage
$94,400
Outstanding Balance
$72,334
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$176,073

Purchase Details

Closed on
Dec 17, 2012
Sold by
Allison Bobby E
Bought by
Allison Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Hearst Carla L and Hearst Leo V
Bought by
Allison Bobby E and Allison Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,080
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1991

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carter Thomas R $125,000 None Available
Allison Holly M -- None Available
Allison Bobby E $78,000 --
-- $55,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Thomas R $94,400
Previous Owner Allison Holly M $72,000
Previous Owner Allison Bobby E $77,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $118,500 +0.4% $83 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $118,000 -- $83 / 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 $1,927 $183,490 $30,000 $153,490
2023 $1,927 $183,490 $30,000 $153,490
2022 $1,378 $115,890 $10,500 $105,390
2021 $1,418 $114,420 $10,500 $103,920
2020 $1,418 $114,420 $10,500 $103,920
2019 $1,049 $81,230 $10,500 $70,730
2018 $917 $73,830 $10,500 $63,330
2017 $901 $73,830 $10,500 $63,330
2016 $901 $73,830 $10,500 $63,330
2015 $744 $73,830 $10,500 $63,330
2014 -- $80,330 $10,500 $69,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3516275

Canopy MLS (Canopy Realtor® Association)

APN: 4735-80-0160.000