$101,000
SOLD OCT 16, 2024

2724 Peachtree Rd Statesville, NC 28625

2 Beds
1 Bath
884 Sq Ft
0.46 Acres

Recently Sold

$114 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Greenhouse
  • Laundry Room
  • Forced Air Heating System
  • Wood Flooring
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2025

**Charming Fixer-Upper with Great Potential!** Conveniently located near the I-77/I-40 interchange, this 2-bedroom, 1-bath home tucked away in the established Peachtree Road area offers easy access to highways and amenities. Built in 1939, it still has some original charm, featuring beadboard ceilings and hardwood floors that are ready to be refinished. The property includes a large greenhouse for gardening enthusiasts, a carport for covered storage and an unfinished basement accessible from the exterior, offering extra storage or workshop space. Previously used as a rental, this home is in need of TLC but has great bones and endless potential for the right buyer or investor. Please DO NOT use the backdoor. The deck needs repair and is unsafe. Home is being sold as-is with no repairs to be made by the seller. Everything in greenhouse and sheds to remain.

Last Agent to Sell the Property

Marin Tomlin

Allen Tate Statesville Brokerage Phone: 704-881-4202 License #330341 Listed on: 09/11/2024

Allen Tate Statesville

Last Buyer's Agent

Chip Johnson

Weston Capital Group LLC License #311933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $785

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 100x200x100x200
  • Property is zoned R15

Home Design

  • Asbestos

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Electric Range

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Storage

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Greenhouse
  • Shed

Schools

  • East Iredell Elementary And Middle School
  • Statesville High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 4755-45-9258.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$785

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 114.25
  • Geocode Confidence: High
  • Attribution Contact: 704-881-4202
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Linoleum, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 884
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 884
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 884
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 884
  • Has Basement: Storage Space, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 884
  • Bedroom Main: 2
  • Room Count: 6
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Asbestos
  • Other Structures: Greenhouse, Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Cooling: Ceiling Fan(s)
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: East Iredell
  • HOA Subject To: None

Lot Info

  • Lot Features: Orchard(s), Other - See Remarks
  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 4755-45-9258.000
  • Lot Size: 100x200x100x200
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R15

MLS Schools

  • Elementary School: East Iredell
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
May 14, 2025
Sold by
Meg 2 Llc
Bought by
Hatcher John Lucas
Seller's Agent
Amanda Coleman
Tarheel Realty II
Buyer's Agent
Non Member
Canopy Administration
List Price
$189,900
Sold Price
$193,800
Premium/Discount to List
$3,900
2.05%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.82%
Original Mortgage
$15,000
Outstanding Balance
$14,987
Interest Rate
6.64%
Estimated Equity
$97,985

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 16, 2024
Sold by
Daly Judith M and Garreau James R
Bought by
Meg 2 Llc
Seller's Agent
Marin Tomlin
Allen Tate Statesville
Buyer's Agent
Chip Johnson
Weston Capital Group LLC
List Price
$100,000
Sold Price
$101,000
Premium/Discount to List
$1,000
1%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.60%

Purchase Details

Closed on
Oct 22, 2020
Sold by
Morrison Johnny Steve and Morrison Tamara Wilhelm
Bought by
Garreau James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,840
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2003
Sold by
Morrison Johnny Steve
Bought by
Wilhelm Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Abernathy Jimmy L and Abernathy Terry J
Bought by
Morrison Johnny Steve

Purchase Details

Closed on
Mar 5, 1999
Sold by
Hall James Lowry
Bought by
Abernathy Jimmy L and Abernathy Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
6.79%

Purchase Details

Closed on
Jun 1, 1992

Purchase Details

Closed on
Jun 1, 1953
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $194,000 None Listed On Document
Warranty Deed $101,000 None Listed On Document
Warranty Deed $72,000 None Available
Warranty Deed $61,000 --
Warranty Deed $56,000 --
Warranty Deed $46,000 --
Deed $36,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 No Value Available
Open $184,110 New Conventional
Previous Owner $69,840 New Conventional
Previous Owner $56,500 Unknown
Previous Owner $54,900 Purchase Money Mortgage
Previous Owner $34,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $193,800 +2.1% $219 / Sq Ft
04/18/2025 04/18/25 For Sale $189,900 +88.0% $215 / Sq Ft
10/16/2024 10/16/24 Sold $101,000 +1.0% $114 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $100,000 0.0% $113 / Sq Ft
09/11/2024 09/11/24 For Sale $100,000 -1.0% $113 / Sq Ft
01/31/2024 01/31/24 Off Market $101,000 -- --
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 $785 $71,220 $16,000 $55,220
2023 $785 $71,220 $16,000 $55,220
2022 $602 $44,390 $14,400 $29,990
2021 $658 $44,390 $14,400 $29,990
2020 $658 $44,390 $14,400 $29,990
2019 $653 $44,390 $14,400 $29,990
2018 $596 $42,040 $14,400 $27,640
2017 $587 $42,040 $14,400 $27,640
2016 $587 $42,040 $14,400 $27,640
2015 $446 $42,040 $14,400 $27,640
2014 $463 $45,920 $14,400 $31,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4181919

Canopy MLS (Canopy Realtor® Association)

APN: 4755-45-9258.000