224 Farmwood Dr Statesville, NC 28625
Estimated Value: $392,995 - $457,000
3
Beds
2
Baths
4,077
Sq Ft
$105/Sq Ft
Est. Value
About This Home
This home is located at 224 Farmwood Dr, Statesville, NC 28625 and is currently estimated at $428,749, approximately $105 per square foot. 224 Farmwood Dr is a home located in Iredell County with nearby schools including East Iredell Elementary School, East Iredell Middle School, and North Iredell High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2019
Sold by
Munday Gary L and Munday Cheryl W
Bought by
Munday Gary L and Munday Cheryl W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$198,306
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$230,443
Purchase Details
Closed on
Feb 17, 2016
Sold by
Munday Gary L and Munday Cherly W
Bought by
Munday Gary L and Munday Cheryl W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,175
Interest Rate
3.97%
Mortgage Type
VA
Purchase Details
Closed on
Apr 24, 2006
Sold by
Mckay Jeffrey D and Mckay Carrie C
Bought by
Munday Gary Leon and Munday Cheryl W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 1, 1992
Purchase Details
Closed on
Aug 1, 1991
Purchase Details
Closed on
Jul 1, 1987
Purchase Details
Closed on
Jun 1, 1985
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munday Gary L | -- | None Available | |
| Munday Gary L | -- | None Available | |
| Munday Gary L | -- | None Available | |
| Munday Gary Leon | $200,000 | None Available | |
| -- | $104,500 | -- | |
| -- | $106,000 | -- | |
| -- | $8,500 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Munday Gary L | $226,000 | |
| Closed | Munday Gary L | $187,175 | |
| Closed | Munday Gary Leon | $180,000 |
Source: Public Records
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 | $1,684 | $320,180 | $30,600 | $289,580 |
| 2023 | $1,684 | $320,180 | $30,600 | $289,580 |
| 2022 | $1,337 | $248,440 | $30,600 | $217,840 |
| 2021 | $1,333 | $248,440 | $30,600 | $217,840 |
| 2020 | $1,333 | $248,440 | $30,600 | $217,840 |
| 2019 | $1,312 | $248,440 | $30,600 | $217,840 |
| 2018 | $1,058 | $213,340 | $18,700 | $194,640 |
| 2017 | $1,327 | $213,340 | $18,700 | $194,640 |
| 2016 | $1,058 | $213,340 | $18,700 | $194,640 |
| 2015 | $1,032 | $209,080 | $18,700 | $190,380 |
| 2014 | $894 | $196,740 | $18,700 | $178,040 |
Source: Public Records
Map
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