NOT LISTED FOR SALE

255 Farmwood Dr Statesville, NC 28625

Estimated Value: $485,000 - $506,465

3 Beds
2.5 Baths
2,325 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $340,000 $146 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,774/month

4 Days on Market

Highlights

  • Wooded Lot
  • Cathedral Ceiling
  • Separate Outdoor Workshop
  • Transitional Architecture
  • Wood Flooring
  • Attached Garage

About This Home

As of November 2020

Two acres of serene, retreat like living in a neighborhood with no HOA. No city taxes, yet only minutes to all city conveniences! Well maintained transitional home with almost 600 sq. ft. heated and cooled wood shop accessible from garage. The shop has it's own heat pump and 90 Amp, 220 volt electrical supply. If you don't make furniture or have other hobbies for this space, turn it in to a dream gym, movie theater, game room, or even a separate home school area! Master bedroom on main with new bathroom and a soaking tub. Sunroom/sitting room off master bedroom. Plenty of storage in the kitchen. Breakfast nook and a dining room. Screened in porch and an adjoining courtyard. Basement area is accessible from the back. Great for extra storage and lawn maintenance equipment. Crawl space has been completely sealed and with installed dehumidifier.

Last Agent to Sell the Property

Sandra Mims

EXP Realty LLC Mooresville License #309083 Listed on: 09/23/2020

EXP Realty LLC Mooresville

Last Buyer's Agent

Jennifer Stafford

EXP Realty LLC Mooresville License #303569

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Irrigation
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4764-43-4985.000

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00890
  • Ratio Close Price By Original Li: 1.00890
  • Ratio Current Price By Acre: 170000.00
  • Ratio Current Price By Sq Ft: 146.24
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance, g-Sealed Crawl Space
  • Upper Level Sq Ft: 514
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal
  • Fireplace Description: Living Room
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Garage Shop, Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 576
  • Main Level Sq Ft: 1811
  • Total Sq Ft: 2325
  • Sq Ft Unheated Basement: 281
  • Sq Ft Unheated Total: 281

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Sloping, Trees, Wooded
  • Parcel Number: 4764-43-4985.000
  • Plat Book Slide: 2301/1
  • Zoning Specification: RA

Tax Info

  • Tax Value: 317040.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 17, 2020
Sold by
Keene Kenneth E and Keene Lorna
Bought by
Sittman William L and Sittman Darla
Seller's Agent
Sandra Mims
EXP Realty LLC Mooresville
Buyer's Agent
Jennifer Stafford
EXP Realty LLC Mooresville
List Price
$337,000
Sold Price
$340,000
Premium/Discount to List
$3,000
0.89%
Current Estimated Value
$492,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,116
Avg. Annual Appreciation
7.60%
Original Mortgage
$272,000
Outstanding Balance
$240,934
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,182

Purchase Details

Closed on
May 27, 2014
Sold by
Karlson Calvin J
Bought by
Keene Kenneth E

Purchase Details

Closed on
Mar 1, 1994

Purchase Details

Closed on
Apr 1, 1992

Purchase Details

Closed on
Mar 1, 1988
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
Sittman William L $340,000 Chicago Title
Keene Kenneth E $218,000 None Available
-- $23,000 --
-- $24,000 --
-- $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sittman William L $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $340,000 +0.9% $146 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $337,000 -- $145 / 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
2025 $2,201 $362,890 $48,600 $314,290
2024 $2,201 $362,890 $48,600 $314,290
2023 $2,201 $350,270 $50,400 $299,870
2022 $2,023 $312,840 $50,400 $262,440
2021 $2,045 $317,040 $63,000 $254,040
2020 $2,045 $317,040 $63,000 $254,040
2019 $2,014 $317,040 $63,000 $254,040
2018 $1,647 $267,000 $38,500 $228,500
2017 $1,647 $267,000 $38,500 $228,500
2016 $1,647 $267,000 $38,500 $228,500
2015 $1,647 $267,000 $38,500 $228,500
2014 $1,453 $252,470 $30,800 $221,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3665398

Canopy MLS (Canopy Realtor® Association)

APN: 4764-43-4985.000