NOT LISTED FOR SALE

167 Southern Horizon Dr Unit 32 & 32A Statesville, NC 28677

Estimated Value: $143,000 - $262,000

1.17 Acres
$163,818 Price per Acre
50,965 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $140,000

Est. 37% increase in value since last sale

Current estimated payment $1,103/month

193 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Cul-De-Sac
  • Private Lot

About This Lot

As of June 2024

This pristine, waterfront, basement lot is ready for your dream home on Lake Norman! Sloping lot is perfect for a basement home and the elevation will allow for wonderfully expansive lake views once the home is built. Quiet cul-de-sac lot on a quiet cove, yet with quick access to the main channel. Mature trees for plenty of privacy. Primary lot is 0.65 acres on the water (Lot 32) and includes a 0.52 acre off-site designated septic lot (Lot 32A). No time limit to build. No septic or pier yet, but based on past EXPIRED permits, it has perked for a 4BR home in the past and previously approved for a dock, which does show it's potential (ask your agent for copies of these documents). Bring your own builder, and once the HOA approves your plans, you can build your dream home and start enjoying life at the lake!

Last Agent to Sell the Property

Tami Fox

Keller Williams Unified Brokerage Phone: 828-234-5835 License #306956 Listed on: 10/04/2023

Keller Williams Unified

Co-Listed By

Kent Temple

Keller Williams Unified Brokerage Phone: 828-234-5835 License #230093

Last Buyer's Agent

Caleb Bruin

Trump International Realty Charlotte License #339930

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $722

Lot Details

  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Steep Slope
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned RA

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Celeste Henkel Elementary School
  • West Iredell Middle School
  • West Iredell High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Bumgardner Assoc. Mgmt. Association, Phone Number (704) 829-7878
  • Ridgewood Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4711-03-8103.000

Property Details

Property Type

Land

Est. Annual Taxes

$722

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Building,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision,Use,Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: 828-234-5835
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Road Frontage: 184
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: None
  • Other Structures: None
  • Foundation Details Proposed: Basement

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Bumgardner Assoc. Mgmt.
  • Phone: 704-829-7878
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 400.00

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Private, Steep Slope, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4711-03-8103.000
  • Zoning: RA
  • Plat Book Slide: 42-121
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 42-121
  • Cleared Acres: 0.00
  • Lot Size: Irregular
  • Wooded Area: 1.17
  • Additional Parcels Description: 4711-03-4784.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Celeste Henkel
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jun 6, 2024
Sold by
Losavio Luz M and Losavio Mark S
Bought by
Culbreth Keith and Culbreth Abigail
Seller's Agent
Tami Fox
Keller Williams Unified
Buyer's Agent
Caleb Bruin
Trump International Realty Charlotte
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
21
Current Estimated Value
$191,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
25.56%

Purchase Details

Closed on
Oct 6, 2020
Sold by
Losavio Mark S and Losavio Luz M
Bought by
Losavio Luz M

Purchase Details

Closed on
Sep 15, 2006
Sold by
Page George C and Page Jane B
Bought by
Losavio Mark S and Losavio Luz M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bridgewater Vii Llc
Bought by
Page George C and Page Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Culbreth Keith $140,000 Master Title
Losavio Luz M -- None Available
Losavio Mark S $170,000 None Available
Page George C $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Losavio Mark S $153,000
Previous Owner Page George C $296,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $140,000 -12.4% --
04/14/2024 04/14/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $159,900 -- --
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 $722 $115,000 $115,000 $0
2023 $690 $115,000 $115,000 $0
2022 $765 $120,000 $120,000 $0
2021 $753 $120,000 $120,000 $0
2020 $753 $120,000 $120,000 $0
2019 $723 $120,000 $120,000 $0
2018 $717 $120,000 $120,000 $0
2017 $717 $120,000 $120,000 $0
2016 $717 $120,000 $120,000 $0
2015 $717 $120,000 $120,000 $0
2014 $894 $162,500 $162,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4074979

Canopy MLS (Canopy Realtor® Association)

APN: 4711-03-8103.000