NOT LISTED FOR SALE

288 N Kelly St Unit 288 Statesville, NC 28677

Estimated Value: $127,000 - $209,000

2 Beds
1.5 Baths
1,104 Sq Ft
$80/mo HOA Fee

Last Sold July 15, 2022

Last sale price $85,000 $77 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,013/month

28 Days on Market

Highlights

  • Transitional Architecture
  • Central Heating
  • Carpet
  • Laundry Room
  • Wood Siding

About This Home

As of July 2022

Investor special. Nice two bedroom one and a half bath condominium unit in the Powder House Hill community. Has been rented, seller has never lived in the unit. Needs some cosmetic TLC; flooring, some ceiling damage, and updates, but is in a great location near downtown Statesville with a stable community of neighbors. Great starter home, retirement place, or for an investor to fix up and rent out. Affordable square footage in a hot market!

Last Agent to Sell the Property

Karen Carty

ERA Live Moore License #263618 Listed on: 06/17/2022

ERA Live Moore

Co-Listed By

King Carty

ERA Live Moore License #246257

Last Buyer's Agent

Karen Carty

ERA Live Moore License #263618 Listed on: 06/17/2022

ERA Live Moore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $918

Year Built

  • Built in 1976

Lot Details

  • 436

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • Insulated Windows
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating

Community Details

  • Nick Albergo Association, Phone Number (704) 657-1186
  • Powder House Hill Condos
  • Powder House Hill Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4734-86-9883

Property Details

Home Type

Condominium

Est. Annual Taxes

$918

Year Built

Built in 1976

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 1976
  • Ratio Current Price By Acre: 85000.00
  • Restrictions: No Restrictions
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: None
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: None
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 544
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 560
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1104
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Asbestos Shingle
  • Construction Status: Complete
  • Tax Location: Statesville
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Powder House Hill
  • Association Name: Nick Albergo
  • Phone: 704-657-1186
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: nyncguy82@gmail.com

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4734-86-9883
  • Plat Book Slide: CB1/35
  • Plat Reference Section Pages: CB1-35
  • Land Included Yn: 0
  • Lot Size: Per tax records
  • Zoning Description: R-10 H-D

Tax Info

  • RATIO List Price By Tax Amount: 1.43098

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 11, 2022
Sold by
Gerard Sajuthi and Gerard Michael
Bought by
Acruz Llc
Seller's Agent
Karen Carty
ERA Live Moore
Buyer's Agent
Karen Carty
ERA Live Moore
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$162,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,111
Avg. Annual Appreciation
21.19%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Gerard Busemeyer Michael
Bought by
Sajuthi Aida and Busemeyer Michael Gerard

Purchase Details

Closed on
Aug 13, 2004
Sold by
Deter John C and Deter Arna H
Bought by
Busemeyer Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1994

Purchase Details

Closed on
Dec 1, 1986
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
Acruz Llc $85,000 Carpenter Alan G
Acruz Llc $85,000 Carpenter Alan G
Sajuthi Aida -- Mcintosh Law Firm Pc
Busemeyer Steven A $68,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busemeyer Steven A $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $85,000 0.0% $77 / Sq Ft
06/17/2022 06/17/22 For Sale $85,000 -- $77 / 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 $918 $84,360 $7,500 $76,860
2023 $918 $84,360 $7,500 $76,860
2022 $765 $59,400 $7,500 $51,900
2021 $701 $59,400 $7,500 $51,900
2020 $821 $59,400 $7,500 $51,900
2019 $815 $59,400 $7,500 $51,900
2018 $743 $56,650 $7,500 $49,150
2017 $731 $56,650 $7,500 $49,150
2016 $731 $56,650 $7,500 $49,150
2015 $583 $56,650 $7,500 $49,150
2014 $591 $60,180 $7,500 $52,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874313

Canopy MLS (Canopy Realtor® Association)

APN: 4734-86-9883.003