NOT LISTED FOR SALE

221 Walnut St Statesville, NC 28677

Estimated Value: $333,000 - $1,050,000

12 Beds
12 Baths
7,127 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $485,000 $68 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,164/month

183 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Storm Windows
  • No HOA
  • Front Porch
  • Laundry Room

About This Home

As of December 2017

Make your investment in growing, thriving Downtown Statesville! Possible uses with current zoning include offices, retail, B&B, restaurant, event center, mixed residential/business. Surrounded by public parking. National Register of Historic Places. One of the most historically significant homes in Statesville. Magnificent example of Queen Anne Architecture. Home is currently 6 2bd/2ba apts, but nearly all of the original floor plan has been retained for easy reconversion to single family home.

Last Agent to Sell the Property

Brittany Marlow

Excel Real Estate Group Brokerage Email: brittanymarlowhill@gmail.com License #274163 Listed on: 04/28/2017

Last Buyer's Agent

Alex Lopez

Verge LLC License #294105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18

Year Built

  • Built in 1890

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 110x159

Home Design

  • Wood Siding

Interior Spaces

  • 7,127 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Parking

  • On-Street Parking
  • 4 Open Parking Spaces

Outdoor Features

  • Front Porch

Schools

  • Statesville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for interior common lights, sewer, water
  • Assessor Parcel Number 4734-95-3046.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Sixplex
  • Year Built: 1890
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: brittanymarlowhill@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire
  • Sq Ft Unheated Basement: 0
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Refrigerator, Washer
  • Owner Pays: Interior Common Lights, Sewer, Water
  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Door Features: Storm Door(s)
  • Living Area: 7127
  • Window Features: Storm Window(s)

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: On Street, Parking Space(s), Other - See Remarks

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4734-95-3046.000
  • Lot Size Acres: 0.39
  • Lot Size: 110x159
  • Lot Size Sq Ft: 16988
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CBPHD

Rental Info

  • Tenant Pays: Electricity
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Dec 15, 2017
Sold by
The Statesville Group Lowenstein Henkle
Bought by
Pickard Real Estate Ventures Llc
Seller's Agent
Brittany Marlow
Excel Real Estate Group
Buyer's Agent
Alex Lopez
Verge LLC
List Price
$425,000
Sold Price
$485,000
Premium/Discount to List
$60,000
14.12%
Current Estimated Value
$788,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,065
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Apr 1, 1983

Purchase Details

Closed on
Jun 1, 1982
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
Pickard Real Estate Ventures Llc $485,000 None Available
-- $55,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2017 12/21/17 Sold $485,000 +14.1% $68 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $425,000 -- $60 / 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
2024 $18 $1,640 $200 $1,440
2023 $18 $1,640 $200 $1,440
2022 $75 $1,280 $200 $1,080
2021 $135 $1,280 $200 $1,080
2020 $15 $1,280 $200 $1,080
2019 $5,193 $413,250 $48,750 $364,500
2018 $3,588 $295,480 $85,380 $210,100
2017 $3,525 $295,480 $85,380 $210,100
2016 $3,525 $295,480 $85,380 $210,100
2015 $3,378 $295,480 $85,380 $210,100
2014 $3,084 $278,550 $85,380 $193,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3157962

Canopy MLS (Canopy Realtor® Association)

APN: 4734-95-3046.000