NOT LISTED FOR SALE

232 Farmwood Dr Statesville, NC 28625

Estimated Value: $389,000 - $412,330

3 Beds
2 Baths
2,200 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $222,900 $101 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,239/month

39 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Kitchen Island
  • Porch
  • Tile Flooring
  • Central Air

About This Home

As of October 2019

Quiet subdivision surrounded by trees and farmland. A country feel, rocking chair front porch and close to shopping, restaurants, and interstates. A must-see, well maintained and updated throughout. Beautiful 2 sided FP, open floor plan, updated kitchen with granite, backsplash and new appliances. Bonus room could be 4th bedroom. Large master suite with 2 closets. The large pantry could be turned back into a powder room. Large deck! No HOA fees!

Last Agent to Sell the Property

Mary Palmes

Howard Hanna Allen Tate - Statesville License #235549 Listed on: 08/23/2019

Howard Hanna Allen Tate - Statesville

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1987

Lot Details

  • 0.57 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,079 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4764449253000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,317

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: 150R x 166 x 152 x 166
  • Subdivision Name: None
  • Directions: I-40 W to Exit 162 for US-64, Left onto US-64W and travel for approx 7.4 miles, Left onto Bell Farm Rd, Right onto Farmwood Dr, House is on the right.
  • Above Grade Finished Sq Ft: 2079
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Kitchen
  • Fireplaces: 1
  • Living Area: 2079
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Exclusions: Propane Tank Is Leased, Hot Tub Does Not Convey
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4764449253000
  • Zoning: RA
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1317
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.5275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 15, 2019
Sold by
Long James Dennis and Long Elizabeth A
Bought by
Richards Cody D and Richards Cassie J
Seller's Agent
Mary Palmes
Howard Hanna Allen Tate - Statesville
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$234,900
Sold Price
$222,900
Premium/Discount to List
-$12,000
-5.11%
Current Estimated Value
$398,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,683
Avg. Annual Appreciation
9.95%
Original Mortgage
$162,900
Outstanding Balance
$141,776
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$256,807

Purchase Details

Listed on
Jul 8, 2014
Closed on
Aug 29, 2014
Sold by
Robinson Michael J and Robinson Nancy P
Bought by
Long James Dennis
Seller's Agent
Brent Mason
Tarheel Realty II
Buyer's Agent
Tammy Mallory
eXp Realty
List Price
$173,000
Sold Price
$165,000
Premium/Discount to List
-$8,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$156,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2000
Sold by
Federal National Mortgage Association
Bought by
Robinson Michael J and Robinson Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.27%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Hill Robert N and Hill Sharon Starr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 1, 1997

Purchase Details

Closed on
May 1, 1993

Purchase Details

Closed on
May 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richards Cody D $223,000 None Available
Long James Dennis $165,000 None Available
Robinson Michael J $158,000 --
Federal National Mortgage Association $141,768 --
-- $140,000 --
-- $122,000 --
-- $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Cody D $162,900
Previous Owner Long James Dennis $156,750
Previous Owner Robinson Michael J $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $222,900 -5.1% $124 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $234,900 +42.4% $131 / Sq Ft
08/30/2014 08/30/14 Sold $165,000 -4.6% $81 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $173,000 -- $85 / Sq Ft
Source: Triad MLS

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
2025 $1,685 $275,400 $32,400 $243,000
2024 $1,685 $275,400 $32,400 $243,000
2023 $1,685 $275,400 $32,400 $243,000
2022 $1,342 $204,350 $32,400 $171,950
2021 $1,338 $204,350 $32,400 $171,950
2020 $1,337 $204,350 $32,400 $171,950
2019 $1,318 $204,350 $32,400 $171,950
2018 $1,091 $173,960 $19,800 $154,160
2017 $1,091 $173,960 $19,800 $154,160
2016 $1,026 $163,010 $19,800 $143,210
2015 $1,026 $163,010 $19,800 $143,210
2014 -- $178,550 $19,800 $158,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 947236

Triad MLS

APN: 4764-44-9253.000