NOT LISTED FOR SALE

250 Farmwood Dr Statesville, NC 28625

Estimated Value: $655,000 - $682,000

3 Beds
3.5 Baths
5,002 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $470,000 $94 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,758/month

About This Home

As of December 2020

"Welcome Home" Stunning 1.5 story Ranch home with a walk-out basement located on a very private 1.90 acre lot in a highly sought after well maintained neighborhood. This Beautiful home boasts 3 bedrooms, 3 1/2 bathrooms with additional bonus/bedroom and lower level entertainment space featuring a home gym, recreational room, entertainment wet bar with a large safe room for all your storage needs to be secure. Relax and enjoy your beautiful salt water pool or entertain your guests in your very private backyard. (New pool liner installed 2019) This is a must see home!

Last Agent to Sell the Property

John Pedone

EXP Realty LLC Mooresville License #292358 Listed on: 11/19/2020

EXP Realty LLC Mooresville

Last Buyer's Agent

Enola Couture

Dalton Wade, Inc. License #318235

Dalton Wade, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 1.9

Parking

  • 2

Home Design

  • Transitional Architecture

Additional Features

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4764-44-5498.000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.04444
  • Ratio Close Price By Original Li: 1.04444
  • Ratio Current Price By Acre: 247368.42
  • Ratio Current Price By Sq Ft: 93.96
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 396
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 2146
  • Main Level Sq Ft: 2460
  • Total Sq Ft: 5002

Exterior Features

  • Construction: Synthetic Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Propane

Lot Info

  • Parcel Number: 4764-44-5498.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 411810.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 16, 2020
Sold by
Sykes Brian Christopher
Bought by
Nichols Michael Scott and Nichols Natasha
Seller's Agent
John Pedone
EXP Realty LLC Mooresville
Buyer's Agent
Enola Couture
Dalton Wade, Inc.
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Current Estimated Value
$667,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,332
Avg. Annual Appreciation
7.32%
Original Mortgage
$376,000
Outstanding Balance
$334,752
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$332,580

Purchase Details

Closed on
Oct 1, 1995
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
Nichols Michael Scott $470,000 Fortified Title Llc
Nichols Michael Scott $940 Clements John
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Michael Scott $376,000
Closed Nichols Michael Scott $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $470,000 +4.4% $94 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $450,000 -- $90 / 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 $2,931 $486,570 $54,000 $432,570
2023 $2,931 $486,570 $54,000 $432,570
2022 $2,694 $419,800 $54,000 $365,800
2021 $2,640 $411,810 $54,000 $357,810
2020 $2,640 $411,810 $54,000 $357,810
2019 $2,599 $411,810 $54,000 $357,810
2018 $2,131 $347,900 $33,000 $314,900
2017 $2,131 $347,900 $33,000 $314,900
2016 $2,131 $347,900 $33,000 $314,900
2015 -- $347,900 $33,000 $314,900
2014 $2,238 $393,940 $33,000 $360,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3683723

Canopy MLS (Canopy Realtor® Association)

APN: 4764-44-5498.000