NOT LISTED FOR SALE

321 Elmwood Rd Statesville, NC 28625

Estimated Value: $2,458,000

372 Acres
$6,608 Price per Acre
16,204,320 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $2,200,000 $951 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $15,349/month

Highlights

  • 372 Acre Lot
  • Private Lot
  • No HOA
  • Cool Spring Elementary School Rated A-
  • Wooded Lot
  • Pasture

About This Lot

As of May 2021

Beautiful 372 +- acres, working cattle farm. Mostly open fenced pastures. 2, 800+ Square foot home. Frank Lloyd Wright inspired house. 3 chicken houses, one of which is used for hay storage, another for equipment. Carouse for working cattle. There is a sale/auction barn on the property. Gently rolling topo with views. Wonderful setting East of Statesville. Call listing agent for further details.

Last Agent to Sell the Property

Danny Edwards

RE/MAX Executive Brokerage Email: dedwards5253@gmail.com License #189750 Listed on: 02/05/2021

RE/MAX Executive

Last Buyer's Agent

Danny Edwards

RE/MAX Executive Brokerage Email: dedwards5253@gmail.com License #189750 Listed on: 02/05/2021

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,189

Lot Details

  • 372 Acre Lot
  • Property fronts a state road
  • Fenced
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Cattle, Commercial, Farm, Gardening, Pasture/Grazing
  • Property is zoned RA

Farming

  • Pasture
  • Livestock

Listing and Financial Details

  • Assessor Parcel Number 4784-07-8125.000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$2,189

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: State Road
  • ResoPropertyType: Land
  • Attribution Contact: dedwards5253@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Cattle, Commercial, Farm, Gardening, Pasture/Grazing

Exterior Features

  • Exterior Features: Fence, Livestock Run In, Other - See Remarks
  • Construction Type: Site Built
  • Other Structures: Outbuilding, Other - See Remarks, None

Utilities

  • Sewer: N/A
  • Water Source: County Water

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Other - See Remarks, Pasture, Private, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 4784-07-8125.000
  • Cleared Acres: 300.00
  • Lot Size Acres: 372
  • Lot Size: irregular
  • Lot Size Sq Ft: 16204320
  • Wooded Area: 73
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 14, 2021
Sold by
Myers Miller Diana J and Harry J Myers Revocable Trust
Bought by
Ankrum Ricky James
Seller's Agent
Danny Edwards
RE/MAX Executive
Buyer's Agent
Danny Edwards
RE/MAX Executive
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%
Current Estimated Value
$2,458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,000
Original Mortgage
$2,500,000
Outstanding Balance
$2,077,695
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 12, 2021
Sold by
Myers Miller Diana J and Nancy S Myers Family Trust
Bought by
Ankrum Ricky James
Seller's Agent
Danny Edwards
RE/MAX Executive
Buyer's Agent
Danny Edwards
RE/MAX Executive
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,077,695
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ankrum Ricky James -- None Available
Ankrum Ricky James $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ankrum Ricky James $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $2,200,000 -8.3% $951 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $2,400,000 -- $1,037 / 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
2021 $2,189 $339,980 $0 $0
2020 $2,189 $339,980 $0 $0
2019 $2,155 $339,980 $0 $0
2018 $1,975 $321,910 $0 $0
2017 $1,961 $781,220 $527,960 $253,260
2016 $1,961 $781,220 $527,960 $253,260
2015 $1,953 $781,220 $527,960 $253,260
2014 $1,899 $915,010 $649,800 $265,210
Source: Public Records

Agents Affiliated with this Home

  • Danny Edwards

    Seller's Agent in 2021

    Danny Edwards

    RE/MAX

    (704) 815-3200

    7 in this area

    41 Total Sales

    Danny Edwards
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3700868

Canopy MLS (Canopy Realtor® Association)

APN: 4784-07-8125.000

North Carolina Iredell County Statesville 28625

321 Elmwood Rd, Statesville, NC

Not Listed for Sale

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