NOT LISTED FOR SALE

169 Sullivan Farm Rd Statesville, NC 28625

Estimated Value: $252,667

4 Beds
1 Bath
2,204 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $144,695 $66 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,365/month

79 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Pasture

About This Home

As of October 2019

Maybe this old house could be featured on “This Old House”? The house needs extensive repair and updating but it appears to have potential to be a wonderful home again. It sits on around 5 acres in a prime location. There is a grand old barn as well as a newer outbuilding and a couple of older buildings that might also be restoreable. Partial service basement. According to the county Department of Health, the septic permit is unavailable. Service basement. No operable heat at this time so probably not eligible for conventional financing. Power is not on in the house. Iredell Water meter is not in place at this time.

Last Agent to Sell the Property

Chris Shoobridge

Howard Hanna Allen Tate Statesville License #195399 Listed on: 06/05/2019

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Jeanene McColl

Lake Norman Realty, Inc. License #144759

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5.5

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl Plank

Farming

  • Barn
  • Pasture

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4736-31-1351.000

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.96463
  • Ratio Close Price By Original Li: 0.96463
  • Ratio Current Price By Acre: 26308.18
  • Year Built: 1945
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Flooring: Vinyl Plank, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Unheated Main: 1758
  • Sq Ft Unheated Total: 2721
  • Sq Ft Unheated Upper: 963

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Oil Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Pasture
  • Parcel Number: 4736-31-1351.000
  • Plat Reference Section Pages: 114
  • Zoning Specification: R20

Tax Info

  • Tax Value: 133040.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Sullivan Farms Development Llc
Bought by
Enclave Sullivan Llc
Current Estimated Value
$252,667

Purchase Details

Closed on
Oct 29, 2021
Sold by
Sharpes Houses Llc
Bought by
Phoenix Rising Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2021
Sold by
Phoenix Rising Development Llc
Bought by
Sullivan Farms Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 5, 2019
Closed on
Oct 1, 2019
Sold by
Frye Beatty Brian Christopher and Frye Beatty Danya
Bought by
Sharpe James D
Seller's Agent
Chris Shoobridge
Howard Hanna Allen Tate Statesville
Buyer's Agent
Jeanene McColl
Lake Norman Realty, Inc.
List Price
$150,000
Sold Price
$144,695
Premium/Discount to List
-$5,305
-3.54%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Sullivan Beatty Johnsie
Bought by
Beatty Robert G
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
Enclave Sullivan Llc $3,667,000 --
Phoenix Rising Development Llc $205,000 Walker Sean C
Sullivan Farms Development Llc $995,000 None Available
Sharpe James D $145,000 None Available
Beatty Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Farms Development Llc $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $144,695 -3.5% $66 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $150,000 0.0% $68 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $150,000 -- $68 / 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
2023 $371 $62,840 $62,840 $0
2022 $898 $123,930 $53,860 $70,070
2021 $890 $123,930 $53,860 $70,070
2020 $890 $123,930 $53,860 $70,070
2019 $877 $123,930 $53,860 $70,070
2018 $899 $133,040 $70,910 $62,130
2017 $678 $133,040 $70,910 $62,130
2016 $685 $133,040 $70,910 $62,130
2015 $899 $133,040 $70,910 $62,130
2014 -- $136,000 $70,910 $65,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3514542

Canopy MLS (Canopy Realtor® Association)

APN: 4736-31-1351.000