NOT LISTED FOR SALE

316 Gleneagles Rd E Statesville, NC 28625

Estimated Value: $559,000 - $613,000

3 Beds
3.5 Baths
4,683 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $500,000 $107 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,472/month

174 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Private Lot
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of November 2022

A beautifully landscaped circular drive leads you to this architecturally captivating, rustic cedar siding home. Lg open foyer. Stone see-through wood FP w/ gas starter & heat circulation system. Sunroom w/ sliding glass door. Lots of windows & light coming in. The dine-in kitchen was updated in 2018 w/ quartz countertops/backsplash & matching electric GE Profile stainless appliances including Radiant Downdraft Cooktop. Lg Dining Room. Office off the Kitchen w/ built-ins. A Laundry room w/ utility sink & closet. The Primary Bedroom Suite has a gas log FP, access to a private outside deck, & an inside balcony overlooking Den. The bath has double sink vanity, a walk-in closet w/ built-ins, a Jacuzzi tub, a walk-in shower & skylights. Upstairs there are two additional bedrooms & a storage area over the garage. The finished basement has a bonus room w/ wet bar & full bath, large walk-in storage room & workshop, Lovely deck w/ covered area & fenced yard. Septic layout 3 bedroom.

Last Agent to Sell the Property

Mary Palmes

Howard Hanna Allen Tate Statesville License #235549 Listed on: 05/11/2022

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Matt Madison

Madison & Company Realty License #195068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,819

Year Built

  • Built in 1984

Lot Details

  • Private Lot
  • Zoning described as R15

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Attic

  • Attic Fan
  • Walk-In Attic

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • East Iredell Elementary School
  • East Middle School
  • Statesville High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Tank
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Shannon Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4765-10-4649.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,819

Year Built

Built in 1984

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Transitional
  • Year Built: 1984
  • Ratio Current Price By Acre: 495049.50
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Circular
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 106.77
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Partially Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Walk In, Basement Shop, Built Ins, Cathedral Ceiling(s), Garage Shop, Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1866
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 416
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 120
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 536
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1512
  • Porch: Balcony,Covered,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Double Oven, Microwave, Natural Gas, Refrigerator, Security System, Trash Compactor
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1305
  • Fireplace Features: Den, Gas Log, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 4683
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Statesville
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Natural Gas
  • Sewer: Septic Installed
  • Water Heater: Gas,Natural Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: East
  • HOA Subject To: Optional
  • CAR_YearlyHOAExpense: 200.00

Lot Info

  • Lot Features: Private
  • Lot Size Units: Acres
  • Parcel Number: 4765-10-4649.000
  • Plat Reference Section Pages: 67/128
  • Lot Size: 220Rx177x281x29x112x197
  • Zoning Description: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.35707

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: East Iredell
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Nov 2, 2022
Sold by
Cross Wayne M and Cross Rhonda M
Bought by
Smith Michael G and Smith Kathryn C
Seller's Agent
Mary Palmes
Howard Hanna Allen Tate Statesville
Buyer's Agent
Matt Madison
Madison & Company Realty
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Views
74
Current Estimated Value
$579,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,793
Avg. Annual Appreciation
4.94%
Original Mortgage
$502,000
Outstanding Balance
$477,938
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$101,855
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
Smith Michael G $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael G $502,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2022 11/02/22 Sold $500,000 -4.7% $107 / Sq Ft
08/25/2022 08/25/22 Price Changed $524,900 -4.4% $112 / Sq Ft
05/11/2022 05/11/22 For Sale $549,000 -- $117 / 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 $4,819 $467,640 $50,000 $417,640
2023 $4,819 $467,640 $50,000 $417,640
2022 $4,374 $386,790 $50,000 $336,790
2021 $4,374 $386,790 $50,000 $336,790
2020 $4,374 $386,790 $50,000 $336,790
2019 $4,335 $386,790 $50,000 $336,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855030

Canopy MLS (Canopy Realtor® Association)

APN: 4765-10-4649.000