240 Farmwood Dr Statesville, NC 28625
Estimated Value: $354,000 - $412,000
3
Beds
3
Baths
3,530
Sq Ft
$109/Sq Ft
Est. Value
About This Home
This home is located at 240 Farmwood Dr, Statesville, NC 28625 and is currently estimated at $384,972, approximately $109 per square foot. 240 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
Nov 29, 2023
Sold by
Worsham Thelma L
Bought by
Martin Kristopher Richard
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
$256,000
Outstanding Balance
$251,856
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$133,116
Purchase Details
Closed on
Nov 17, 2008
Sold by
Worsham Walter H
Bought by
Worsham Thelma L
Purchase Details
Closed on
Jan 1, 1989
Purchase Details
Closed on
Dec 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 |
|---|---|---|---|
| Martin Kristopher Richard | $320,000 | None Listed On Document | |
| Worsham Thelma L | -- | None Available | |
| -- | $18,000 | -- | |
| -- | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Kristopher Richard | $256,000 |
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 | $1,623 | $264,970 | $36,000 | $228,970 |
| 2023 | $1,623 | $261,370 | $32,400 | $228,970 |
| 2022 | $672 | $204,560 | $32,400 | $172,160 |
| 2021 | $1,340 | $204,560 | $32,400 | $172,160 |
| 2020 | $670 | $204,560 | $32,400 | $172,160 |
| 2019 | $660 | $204,560 | $32,400 | $172,160 |
| 2018 | $530 | $168,550 | $19,800 | $148,750 |
| 2017 | $530 | $168,550 | $19,800 | $148,750 |
| 2016 | $530 | $168,550 | $19,800 | $148,750 |
| 2015 | -- | $168,550 | $19,800 | $148,750 |
| 2014 | -- | $182,070 | $19,800 | $162,270 |
Source: Public Records
Map
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