NOT LISTED FOR SALE

163 River Ridge Ln Statesville, NC 28677

Estimated Value: $642,045 - $1,064,000

3 Beds
3 Baths
1,922 Sq Ft
$444/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $560,000 $291 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,792/month

4 Days on Market

Highlights

  • Waterfront
  • Transitional Architecture
  • Separate Outdoor Workshop
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Fireplace

About This Home

As of April 2020

Welcome to your private waterfront retreat with over 250 feet of year round deep water! Trees and privacy surrounds this well cared for home on a quiet cove within moments of main channel. IDEAL FOR PRIMARY RESIDENCE OR INCOME PRODUCING VACATION RENTAL! Open floor plan with master on the main and additional guest bedroom. Lake views from the screened porch sets the tone for your waterfront life style. Tankless water heater, easy maintenance flooring, and exterior make this a great weekend get away, vacation rental or primary home. Here's your opportunity to live on Lake Norman!

Last Agent to Sell the Property

Kelly Goddard

EXP Realty LLC Mooresville License #275447 Listed on: 03/12/2020

EXP Realty LLC Mooresville

Last Buyer's Agent

Garrett Rast

Goldeneye Realty, LLC License #114404

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • Many Trees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4710-58-3188 . 000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1120000.00
  • Ratio Current Price By Sq Ft: 291.36
  • Year Built: 1976
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 671
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-Ins, Kitchen Island, Pantry, Vaulted Ceiling, Whirlpool
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1251
  • Total Sq Ft: 1922

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Shed(s), Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car, Parking Space - 3

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Propane

Lot Info

  • Lot Dimension: 27x68x30x92x98x40x225
  • Lot Features: Sloping, Trees, Waterfront, Year Round View
  • Parcel Number: 4710-58-3188 . 000
  • Plat Book Slide: 12/52
  • Plat Reference Section Pages: 52
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 519470.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 20, 2020
Sold by
Frino John and Frino Sherry
Bought by
Hills Gregory John and Hills Tamara Lynn
Seller's Agent
Kelly Goddard
EXP Realty LLC Mooresville
Buyer's Agent
Garrett Rast
Goldeneye Realty, LLC
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$853,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,261
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Labruzzo Vito M and Labruzzo Karen N
Bought by
Frino John and Frino Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Mcclurg Michael E and Mcclurg Frances
Bought by
Labruzzo Vito M and Labruzzo Karen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Elledge Jack L and Elledge Jean T
Bought by
Labruzzo Vito M and Labruzzo Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 1, 1976
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
Hills Gregory John $560,000 None Available
Frino John $519,000 None Available
Labruzzo Vito M -- None Available
Labruzzo Vito M $275,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frino John $415,000
Previous Owner Labruzzo Vito M $380,000
Previous Owner Labruzzo Vito M $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $560,000 0.0% $291 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $560,000 -- $291 / 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 $3,532 $578,620 $322,000 $256,620
2023 $3,532 $578,620 $322,000 $256,620
2022 $3,372 $519,470 $345,000 $174,470
2021 $3,316 $519,470 $345,000 $174,470
2020 $3,316 $519,470 $345,000 $174,470
2019 $3,186 $519,470 $345,000 $174,470
2018 $3,021 $496,970 $345,000 $151,970
2017 $3,021 $496,970 $345,000 $151,970
2016 $3,021 $496,970 $345,000 $151,970
2015 $3,021 $496,970 $345,000 $151,970
2014 $1,888 $333,870 $202,500 $131,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3602236

Canopy MLS (Canopy Realtor® Association)

APN: 4710-58-3188.000