NOT LISTED FOR SALE

218 Jefferson Farm Rd Statesville, NC 28625

Estimated Value: $279,000 - $699,000

4 Beds
2 Baths
1,800 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $780,000 $433 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $2,835/month

2 Days on Market

Highlights

  • 55 Acre Lot
  • Wooded Lot
  • 1 Car Detached Garage
  • Cool Spring Elementary School Rated A-
  • No HOA
  • Views

About This Home

As of March 2024

Seller conveying charming farmhouse and approx. 55 acres of beautiful sprawling acreage in the Cool Springs area of Iredell County! Two parcels to convey include 4767736489(house and approx 1.96ac) and an approx.53 acre portion of 4767832374(seller conveying property across road to other buyer).Beautiful property like this, is not easily found! Pond, stream/spring, a mixture of trees, open fields and pristine countryside. Home built in 1900.Recent metal roof.Two BRs on main floor and two BRs upstairs. Second floor does not have its own heat source. Main floor heat source is kerosene fueled Monitor-type heat unit. Numerous outbuildings/garage/storage sheds.Well on property.Jefferson Farm Rd is state-maintained. Buyer responsible for any rollback taxes.Home sold AS-IS,WHERE IS. Unable to locate septic permit with county.Personal property on site may remain w/property subject to mutual agreement.Appointment required ahead of time for property viewing.

Last Agent to Sell the Property

Brent Mason

Tarheel Realty II License #244865 Listed on: 01/31/2024

Co-Listed By

Deanna Williams

Tarheel Realty II License #241612

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1900

Lot Details

  • 55 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • 1 Car Detached Garage
  • Attached Carport
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,646 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room with Fireplace
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4767736489000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$698

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 55
  • Lot Size: Irregular
  • Co List Office Mls Id: WTARR01
  • Co List Office Phone: 704-871-8770
  • Subdivision Name: None
  • Directions: I-40 to Old Mocksville Rd Exit in Statesville. Travel North on Old Mocksville. Jefferson Farm Rd on right. home and acreage on left side of Jefferson Farm.
  • Above Grade Finished Sq Ft: 1646
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1900
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1646
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: Cleared, Views, Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Garage, Attached Carport, Detached
  • Garage Description: Attached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4767736489000
  • Zoning: R20
  • TRIADMLS_AcresRange: 50 - 58

Tax Info

  • Tax Annual Amount: 698
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 4, 2024
Sold by
Robert J Johnson Revocable Living Trust
Bought by
Cline Cory and Cline Elizabeth
Seller's Agent
Brent Mason
Tarheel Realty II
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$776,000
Sold Price
$780,000
Premium/Discount to List
$4,000
0.52%
Views
31
Current Estimated Value
$525,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$254,667
Avg. Annual Appreciation
-20.85%
Original Mortgage
$620,000
Outstanding Balance
$609,803
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$84,470

Purchase Details

Closed on
Apr 1, 2016
Sold by
Johnson Robert J
Bought by
Liv Johnson Robert J and Robert J Johnson Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cline Cory $780,000 None Listed On Document
Cline Cory $780,000 None Listed On Document
Liv Johnson Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline Cory $620,000
Closed Cline Cory $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $780,000 +0.5% $557 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $776,000 -- $554 / Sq Ft
Source: Triad MLS

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 $735 $108,140 $45,690 $62,450
2023 $698 $108,140 $45,690 $62,450
2022 $527 $75,060 $32,630 $42,430
2021 $527 $75,060 $32,630 $42,430
2020 $527 $75,060 $32,630 $42,430
2019 $519 $75,060 $32,630 $42,430
2018 $463 $68,730 $30,460 $38,270
2017 $463 $68,730 $30,460 $38,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1131455

Triad MLS

APN: 4767-73-6489.000