221 Magnolia St Statesville, NC 28677
14
Beds
8
Baths
1,221
Sq Ft
0.45
Acres
Highlights
- Central Heating and Cooling System
- Asbestos
- Wood Siding
- 2 Car Garage
About This Home
As of September 2025UPDATED FULLY LEASED SINGLE FAMILY RESIDENTAIL PORTFOLIO IN STATESVILLE. This updated single family residential portfolio consist of 4 single residents that are currently all leased. The leases vary in expiration time the earliest is on or before March 31, 2026. Contact the listing agent for more information concerning the properties, please Do NOT disturb the tenants. The listed property addresses are as follows:117 S Oakwood Drive, 502 E Sharpe Street, 715 W Pine Circle, 221 Magnolia Street. The Seller is also selling a total of 13 residential properties to include these in MLS#4229202.
Last Agent to Sell the Property
Carolina Landmark Realty Brokerage Email: davidjones@clr-properties.com License #181385 Listed on: 06/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,608
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 100x200x100x200
- Additional Parcels
Parking
- 2 Car Garage
- Driveway
Home Design
- Composition Roof
- Wood Siding
- Asbestos
Interior Spaces
- 1,221 Sq Ft Home
- Crawl Space
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Full Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for - see remarks
- Assessor Parcel Number 4744-58-0790 . 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2021
Sold by
Makarios Holdings Llc
Bought by
Smith Scott Royal and 221 Magnolia Street Trust
Purchase Details
Listed on
Jul 16, 2018
Closed on
Aug 6, 2018
Sold by
Deutsche Rank National Trust Co
Bought by
Makarios Holdings Llc
Seller's Agent
Lisa Revis
Southern Charm Realty Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$48,000
Sold Price
$62,000
Premium/Discount to List
$14,000
29.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.64%
Purchase Details
Listed on
Jul 16, 2018
Closed on
Jul 3, 2018
Sold by
Schwab Steven R and Schwab Andrea D
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corporation Tr
Seller's Agent
Lisa Revis
Southern Charm Realty Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$48,000
Sold Price
$62,000
Premium/Discount to List
$14,000
29.17%
Purchase Details
Closed on
Dec 7, 2006
Sold by
Adams C M and Adams Alice S
Bought by
Schwab Steven R and Schwab Andrea D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,400
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 1, 1976
Purchase Details
Closed on
Jun 1, 1971
Similar Homes in Statesville, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $62,000 | Title & Closing Supervisor | |
| Trustee Deed | $75,394 | None Available | |
| Warranty Deed | $97,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $19,400 | Stand Alone Second | |
| Previous Owner | $77,600 | Balloon | |
| Previous Owner | $44,700 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $992,500 | +1.8% | $813 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $975,000 | -7.1% | $799 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $1,049,000 | +1591.9% | $859 / Sq Ft |
| 08/17/2018 08/17/18 | Sold | $62,000 | +29.2% | $36 / Sq Ft |
| 07/26/2018 07/26/18 | Pending | -- | -- | -- |
| 07/16/2018 07/16/18 | For Sale | $48,000 | -- | $28 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,608 | $143,040 | $25,000 | $118,040 |
| 2023 | $1,516 | $143,040 | $25,000 | $118,040 |
| 2022 | $1,043 | $85,020 | $13,000 | $72,020 |
| 2021 | $1,099 | $85,020 | $13,000 | $72,020 |
| 2020 | $1,099 | $85,020 | $13,000 | $72,020 |
| 2019 | $1,090 | $85,020 | $13,000 | $72,020 |
| 2018 | $1,039 | $85,930 | $13,000 | $72,930 |
| 2017 | $1,021 | $85,930 | $13,000 | $72,930 |
| 2016 | $1,021 | $85,930 | $13,000 | $72,930 |
| 2015 | $858 | $85,930 | $13,000 | $72,930 |
| 2014 | $878 | $92,320 | $13,000 | $79,320 |
Source: Public Records
Agents Affiliated with this Home
-
David Jones
Seller's Agent in 2025
David Jones
Carolina Landmark Realty
(704) 696-8378
37 in this area
41 Total Sales
-
Michelle Peck
Buyer's Agent in 2025
Michelle Peck
Epique Realty
(704) 761-8453
11 in this area
129 Total Sales
-
Lisa Revis
Seller's Agent in 2018
Lisa Revis
Southern Charm Realty Inc
(704) 924-1954
5 in this area
84 Total Sales
-
N
Buyer's Agent in 2018
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4267876
APN: 4744-58-0790.000
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