NOT LISTED FOR SALE

242 Willard Ln Statesville, NC 28625

Estimated Value: $369,000 - $492,010

3 Beds
3 Baths
2,100 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $220,000 $105 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,402/month

1 Day on Market

Highlights

  • Horse Facilities
  • Stables
  • Ranch Style House
  • Barn
  • Fruit Trees
  • Breakfast Bar

About This Home

As of May 2020

Ranch style home nestled on just over 11 acres of rolling land. This spacious home features 3 bedrooms, 3 bathrooms with bonus room and corner fireplace in the basement. Large second story deck overlooks the backyard offering views of the stocked pond. Pole barn and two storage sheds in addition to the full size stable barn that leads out into the large fenced pasture. Bring your horses or livestock and enjoy the acreage in the rural countryside of Statesville. The home will need some TLC to make it your own. Private maintained road with easy access to I-77. Property is being sold as is--seller is not able to make any repairs.

Last Agent to Sell the Property

Blanchard Realty Group

NorthGroup Real Estate LLC License #314628 Listed on: 03/21/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Shevaun Trifaro

NextHome World Class License #305795

NextHome World Class

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 11.15

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Bonus Room with Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Farming

  • Barn
  • Fenced For Cattle

Additional Features

  • Fruit Trees
  • Stables
  • Septic Tank

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 4748-75-6205.000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.93617
  • Ratio Close Price By Original Li: 0.97778
  • Ratio Current Price By Acre: 19730.94
  • Ratio Current Price By Sq Ft: 104.76
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
  • Fireplace Description: Bonus Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 800
  • Main Level Sq Ft: 1300
  • Total Sq Ft: 2100
  • Sq Ft Unheated Basement: 500
  • Sq Ft Unheated Total: 500

Exterior Features

  • Construction: Shingle, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Pasture, Stable

Garage/Parking

  • Driveway: Earth
  • Parking: Lot

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Fruit Trees, Lake, Rolling
  • Parcel Number: 4748-75-6205.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 218120.00
  • Tax Location: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
May 8, 2020
Sold by
Armstron Terry J
Bought by
Frank Christopher Allan and Frank Lisa Rae
Seller's Agent
Blanchard Realty Group
NorthGroup Real Estate LLC
Buyer's Agent
Shevaun Trifaro
NextHome World Class
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$424,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,753
Avg. Annual Appreciation
12.73%
Original Mortgage
$176,000
Outstanding Balance
$155,960
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$268,793

Purchase Details

Closed on
Mar 4, 2020
Sold by
Lackey Michael E
Bought by
Armstrong Terry J

Purchase Details

Closed on
Jul 1, 1997

Purchase Details

Closed on
Sep 1, 1996

Purchase Details

Closed on
Aug 1, 1996
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
Frank Christopher Allan $220,000 None Available
Armstrong Terry J -- None Available
-- $35,700 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Christopher Allan $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $220,000 -6.4% $105 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $235,000 0.0% $112 / Sq Ft
03/18/2020 03/18/20 Price Changed $235,000 -- $112 / 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 $1,908 $313,190 $101,410 $211,780
2023 $1,908 $313,190 $101,410 $211,780
2022 $1,448 $221,200 $76,360 $144,840
2021 $1,444 $221,200 $76,360 $144,840
2020 $1,425 $218,120 $76,360 $141,760
2019 $1,403 $218,120 $76,360 $141,760
2018 $1,316 $211,490 $76,360 $135,130
2017 $1,316 $211,490 $76,360 $135,130
2016 $1,316 $211,490 $76,360 $135,130
2015 $1,316 $211,490 $76,360 $135,130
2014 $1,229 $212,070 $76,360 $135,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3588927

Canopy MLS (Canopy Realtor® Association)

APN: 4748-75-6205.000