NOT LISTED FOR SALE

225 Gleneagles Rd E Statesville, NC 28625

Estimated Value: $65,000 - $166,000

1.12 Acres
$103,217 Price per Acre
48,744 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $50,000

Est. 131% increase in value since last sale

Current estimated payment $670/month

4 Days on Market

Highlights

  • Golf Course Community
  • Community Pool
  • Tennis Courts
  • Clubhouse

About This Lot

As of June 2022

Nice size lot ready for you to build your dream home on! This mostly cleared lot is perfect for a house with basement. City water and city sewer is available for hookup. HOA is required and is $200 annually.

Last Agent to Sell the Property

Savannah Chapman

Carolina Landmark Realty License #324075 Listed on: 05/24/2022

Last Buyer's Agent

Terri Manning

Lake Norman Realty, Inc. License #216497

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $543

Lot Details

  • Cleared Lot
  • Possible uses of the property include Residential
  • Zoning described as R15

HOA Fees

  • $17 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 4765-12-7229.000

Community Details

Overview

  • Shannon Acres Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$543

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 41666.67
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Statesville

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Outdoor Pool, Tennis Court(s)
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Acres
  • Parcel Number: 4765-12-7229.000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Zoning Description: R15

Tax Info

  • RATIO List Price By Tax Amount: 1.10000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Residential Legacy Llc
Bought by
225 E Glen Eagles Llc
Current Estimated Value
$115,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,300
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 2024
Sold by
Self William B
Bought by
Residential Legacy Llc

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 9, 2022
Sold by
Edward Schmahl William and Edward Marie Therese
Bought by
Self William B
Seller's Agent
Savannah Chapman
Carolina Landmark Realty
Buyer's Agent
Terri Manning
Lake Norman Realty, Inc.
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.20%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Aug 13, 2021
Sold by
Arsenault Gavin J and Arsenault Lorna C
Bought by
Schmahl William Edward and Schmahl Therese Marie
Seller's Agent
David Jones
Carolina Landmark Realty
Buyer's Agent
Savannah Chapman
Carolina Landmark Realty
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.49%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Tharpe O David and Tharpe Barbara G
Bought by
Arsenault Gavin J and Arsenault Lorna C

Purchase Details

Closed on
Jun 1, 1963
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
225 E Glen Eagles Llc $53,000 None Listed On Document
Residential Legacy Llc -- None Listed On Document
Residential Legacy Llc -- None Listed On Document
Self William B $50,000 Peter W Simon Pllc
Schmahl William Edward $35,000 None Available
Arsenault Gavin J $20,000 None Available
-- $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 225 E Glen Eagles Llc $317,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $50,000 -9.1% --
05/28/2022 05/28/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $55,000 +57.1% --
08/12/2021 08/12/21 Sold $35,000 0.0% -- View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $35,000 0.0% --
04/09/2021 04/09/21 Pending -- -- --
09/18/2020 09/18/20 For Sale $35,000 0.0% --
09/17/2020 09/17/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $35,000 -- --
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 $543 $50,000 $50,000 $0
2023 $509 $50,000 $50,000 $0
2022 $543 $50,000 $50,000 $0
2021 $543 $50,000 $50,000 $0
2020 $543 $50,000 $50,000 $0
2019 $538 $50,000 $50,000 $0
2018 $555 $55,000 $55,000 $0
2017 $543 $55,000 $55,000 $0
2016 $543 $55,000 $55,000 $0
2015 $516 $55,000 $55,000 $0
2014 $394 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3863400

Canopy MLS (Canopy Realtor® Association)

APN: 4765-12-7229.000