NOT LISTED FOR SALE

225 Arey Rd Statesville, NC 28677

Estimated Value: $293,000 - $386,000

3 Beds
2 Baths
1,450 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $288,000 $199 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,987/month

52 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Covered Patio or Porch
  • Wooded Lot
  • Workshop
  • 2 Car Attached Garage

About This Home

As of February 2024

This home is everything everyone asks for! This updated, one level ranch has three bedrooms, two full bathrooms, a fireplace upstairs and down, a two car garage, large basement, and 2 acres. Buyers rejoice! The interior has been updated with low maintenance, vinyl plank flooring throughout. A fresh Kitchen with granite countertops, gas stove, and stainless steel appliances makes cooking a joy. The main living area is inviting and open with vaulted ceilings and wood burning fireplace. Updated fixtures and ceiling fans throughout make this a comfortable, practical home for everyday living. The primary bedroom offers double closets, a large window, and full bath with walk in shower. The walk out basement features a second wood burning fireplace, work benches, abundant storage, and a laundry area. The covered front porch overlooks an expansive, level lot surrounded by mature trees while the back deck feels private and serene. This home has everything you've been looking for!

Last Agent to Sell the Property

Erin Mohl

Huffman Realty Group, LLC Brokerage Email: erinmohl@yahoo.com License #300581 Listed on: 11/17/2023

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1973

Lot Details

  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,450 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Workshop
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Celeste Henkel Elementary School
  • West Iredell Middle School
  • West Iredell High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4733-04-0241.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1973
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 198.62
  • Geocode Confidence: High
  • Attribution Contact: erinmohl@yahoo.com
  • Special Features: 1028

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1450
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1450
  • Has Basement: Basement Shop, Daylight, Full, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning, Other - See Remarks
  • Living Area: 1450
  • Bedroom Main: 3
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Baseboard, Hot Water, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Lower Level
  • Cooling: Central Air
  • Utilities: Gas
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4733-04-0241.000
  • Horse Amenities: None
  • Additional Parcels Description: 4733041130
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Celeste Henkel
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 1, 2024
Sold by
Littrell Janice and Littrell Sandra L
Bought by
Nichols Ricky Lee
Seller's Agent
Erin Mohl
Huffman Realty Group, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,900
Sold Price
$288,000
Premium/Discount to List
-$11,900
-3.97%
Views
536
Current Estimated Value
$347,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,635
Avg. Annual Appreciation
11.63%
Original Mortgage
$187,200
Outstanding Balance
$183,892
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$163,743

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 24, 2019
Sold by
Kirby Matthew Allan
Bought by
Clark Sandra L and Littrell Janice
Seller's Agent
Lindsey Rusher
Key Real Estate
Buyer's Agent
Susan Halliday
Homes of the South Inc.
List Price
$214,900
Sold Price
$212,000
Premium/Discount to List
-$2,900
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$189,255
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 17, 2017
Closed on
May 1, 2017
Sold by
Mullis Andrew N and Mullis Jenny S
Bought by
Kirby Matthew Allan
Seller's Agent
Jeff Matheson
Southern Homes of the Carolinas, Inc
Buyer's Agent
Lindsey Rusher
Key Real Estate
List Price
$159,900
Sold Price
$141,000
Premium/Discount to List
-$18,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$126,900
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1971
Source: Public Records

Range of Values:

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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
Nichols Ricky Lee $288,000 None Listed On Document
Nichols Ricky Lee $288,000 None Listed On Document
Clark Sandra L $212,000 Solidifi Title & Closing Llc
Kirby Matthew Allan $141,000 None Available
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Ricky Lee $187,200
Closed Nichols Ricky Lee $187,200
Previous Owner Clark Sandra L $189,255
Previous Owner Kirby Matthew Allan $126,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2024 02/13/24 Sold $288,000 -4.0% $199 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $299,900 +41.5% $207 / Sq Ft
10/28/2019 10/28/19 Sold $212,000 -1.3% $146 / Sq Ft View Prior Sale
08/11/2019 08/11/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $214,900 +52.4% $148 / Sq Ft
05/05/2017 05/05/17 Sold $141,000 -11.8% $97 / Sq Ft View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $159,900 -- $110 / 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 $1,845 $297,440 $39,740 $257,700
2023 $1,845 $297,440 $39,740 $257,700
2022 $1,301 $194,670 $26,500 $168,170
2021 $1,278 $194,670 $26,500 $168,170
2020 $1,278 $194,670 $26,500 $168,170
2019 $823 $127,310 $26,500 $100,810
2018 $758 $118,130 $26,500 $91,630
2017 $758 $118,130 $26,500 $91,630
2016 $758 $118,130 $26,500 $91,630
2015 $758 $118,130 $26,500 $91,630
2014 $698 $117,530 $19,870 $97,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4088720

Canopy MLS (Canopy Realtor® Association)

APN: 4733-04-0241.000