NOT LISTED FOR SALE

185 Turnersburg Hwy Statesville, NC 28625

Estimated Value: $7,450,540

-- Bed
-- Bath
10,908 Sq Ft
$683/Sq Ft Est. Value

About This Home

This home is located at 185 Turnersburg Hwy, Statesville, NC 28625 and is currently estimated at $7,450,540, approximately $683 per square foot. 185 Turnersburg Hwy is a home located in Iredell County with nearby schools including Cloverleaf Elementary School, East Iredell Middle School, and Statesville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Panhandle Ventures Llc
Bought by
Castlerock Group Llc and Summerlin Investments Group Llc
Current Estimated Value
$7,450,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,948,750
Outstanding Balance
$3,630,840
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$3,819,700

Purchase Details

Closed on
Nov 23, 2016
Sold by
Rosewood Holdings Llc
Bought by
Panhandle Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 1, 1997

Purchase Details

Closed on
Sep 1, 1996

Purchase Details

Closed on
Jul 1, 1994

Purchase Details

Closed on
Jun 1, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Castlerock Group Llc $5,850,000 Chicago Title Company Llc
Panhandle Ventures Llc $1,615,000 None Available
-- $1,462,000 --
-- $420,000 --
-- $535,000 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castlerock Group Llc $3,948,750
Previous Owner Panhandle Ventures Llc $800,000
Source: Public Records

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 $37,748 $3,709,520 $1,145,570 $2,563,950
2023 $37,748 $3,709,520 $1,145,570 $2,563,950
2022 $28,826 $2,656,040 $911,530 $1,744,510
2021 $28,808 $2,654,350 $909,840 $1,744,510
2020 $28,808 $2,654,350 $909,840 $1,744,510
2019 $28,542 $2,654,350 $909,840 $1,744,510
2018 $10,007 $992,150 $992,150 $0
2017 $17,008 $1,722,320 $992,150 $730,170
2016 $17,008 $1,722,320 $992,150 $730,170
2015 $19,923 $2,125,100 $1,298,560 $826,540
2014 $19,396 $2,167,130 $1,298,560 $868,570
Source: Public Records

Map

North Carolina Iredell County Statesville 28625

185 Turnersburg Hwy, Statesville, NC

Not Listed for Sale

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