NOT LISTED FOR SALE

322 Low Bridge Rd Iron Station, NC 28080

Estimated Value: $671,000 - $820,558

3 Beds
3 Baths
2,656 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $460,000 $173 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,314/month

134 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Wood Flooring
  • East Lincoln Middle School Rated A-
  • Spa
  • Whirlpool Bathtub

About This Home

As of January 2019

REDUCED Horsefarm w/multiple outbldgs suitable for hobby farm and auto/car enthusiast, 2 barns w/total of 4 stalls, separate tack room, fenced with 3 board/no climb, white vinyl fencing for dogs in rear, gated entrance w/ remote, 2 pastures. 2 run-in sheds one a metal free standing, Frost free spigots. Front porch with swing & fans, firepit, rear composite deck. Semi-finished daylight basement could become a secondary living quarters. Granite in kitchen, all hardwood or tile down, basement has mini-kitchen and full bath. Separate bldg for hay storage can house a season's worth of hay for 3 horses, solar panels reduce electricity costs & water, full house generator, two sheds with ramp, Tall carport in rear with large overhang, two vehicles can be stored there and multiple equipment. All buildings are painted barn-red, a sight to see. Cute chicken/goat enclosure. Gas fireplaces up and down. Meticulously kept and care for. Close to Denver, Charlotte, Hickory and Gastonia.

Last Agent to Sell the Property

Jo Zarnoch

Lake Norman Realty, Inc. License #189280 Listed on: 08/15/2018

Lake Norman Realty, Inc.

Last Buyer's Agent

Shannon Hilton

Premier South License #277066

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 4.5

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Storage Room
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Spa
  • Fire Pit
  • Shed

Farming

  • Barn
  • Machine Shed
  • Pasture
  • Fenced For Cattle

Additional Features

  • Hay Storage
  • Well

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 81128

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.95833
  • Ratio Close Price By Original Li: 0.83789
  • Ratio Current Price By Acre: 102222.22
  • Ratio Current Price By Sq Ft: 173.19
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 305
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: FAMILYRM, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Separate Entrance
  • Second Living Quarters Hla: 554
  • Sq Ft Basement: 554
  • Main Level Sq Ft: 1797
  • Total Sq Ft: 2656
  • Sq Ft Unheated Basement: 629
  • Sq Ft Unheated Total: 629

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Pasture, Fenced Yard, Hot Tub, Shed(s), Storage Unit, Feed Barn, Hay Shed, Tractor Shed, Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Basement, Detached Garage, Garage - 1 Car, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Pasture
  • Parcel Number: 81128
  • Zoning Specification: R-T

Tax Info

  • Tax Value: 309175.00
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Brown Michael S and Brown Heidi L
Bought by
Brown Michael S and Brown Heidi L
Current Estimated Value
$748,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,536
Outstanding Balance
$424,622
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$324,268

Purchase Details

Listed on
Aug 15, 2018
Closed on
Jan 25, 2019
Sold by
Spalding Steven L and Spalding Ursula
Bought by
Brown Michael S and Walczak Heidi L
Seller's Agent
Jo Zarnoch
Lake Norman Realty, Inc.
Buyer's Agent
Shannon Hilton
Premier South
List Price
$549,000
Sold Price
$460,000
Premium/Discount to List
-$89,000
-16.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$475,180
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Nov 17, 2006
Sold by
Huss Wealey Shane and Huss Abigale L
Bought by
Spalding Steven L and Spalding Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2002
Bought by
Huss Wesley Shane and Huss Abigale L
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
Brown Michael S -- None Available
Brown Michael S $460,000 Meridian Title Company
Spalding Steven L $370,000 None Available
Huss Wesley Shane $38,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael S $477,536
Closed Brown Michael S $475,180
Previous Owner Spalding Steven L $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $460,000 -4.2% $173 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/21/2018 11/21/18 Price Changed $480,000 -3.8% $181 / Sq Ft
10/21/2018 10/21/18 Price Changed $499,000 -5.0% $188 / Sq Ft
09/16/2018 09/16/18 Price Changed $525,000 -4.4% $198 / Sq Ft
08/15/2018 08/15/18 For Sale $549,000 -- $207 / 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 $4,449 $690,619 $113,668 $576,951
2024 $4,429 $690,619 $113,668 $576,951
2023 $4,424 $690,619 $113,668 $576,951
2022 $2,849 $367,472 $80,515 $286,957
2021 $2,849 $367,472 $80,515 $286,957
2020 $2,661 $367,472 $80,515 $286,957
2019 $2,587 $367,472 $80,515 $286,957
2018 $2,320 $309,175 $67,289 $241,886
2017 $2,198 $309,175 $67,289 $241,886
2016 $2,116 $0 $67,289 $230,354
2015 $2,369 $0 $67,289 $0
2014 $2,428 $339,630 $68,842 $270,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3422583

Canopy MLS (Canopy Realtor® Association)

APN: 81128