UNDER CONTRACT
$49K PRICE DROP
364 Luther Dr Iron Station, NC 28080
Estimated payment $2,962/month
Total Views
22,957
3
Beds
2
Baths
1,538
Sq Ft
$338
Price per Sq Ft
Highlights
- Hot Property
- Cul-De-Sac
- Laundry Room
- St. James Elementary School Rated A-
- 4 Car Attached Garage
- 1-Story Property
About This Home
Discover over 6 acres of serene, secluded property—perfect for anyone seeking space, privacy, and endless possibilities. The existing home offers 3 spacious bedrooms, 2 full baths, and more than 1,000 sq ft of garage/workshop space—ideal for hobbyists, gearheads, or car enthusiasts. Enjoy it as-is and bring all your toys or equipment, or take advantage of the expansive land to build your dream home while keeping the current residence as a guesthouse or second living quarters. With this much land, the potential is truly limitless. All of this, just minutes from the sparkling shores of Lake Norman! Don’t miss your chance to own this unique and versatile property!
Listing Agent
Espin Realty Brokerage Email: garyespin@yahoo.com License #229700 Listed on: 05/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,084
Year Built
- Built in 2005
Lot Details
- Cul-De-Sac
- Property is zoned R-SF
Parking
- 4 Car Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,538 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Catawba Springs Elementary School
- East Lincoln Middle School
- East Lincoln High School
Utilities
- Heat Pump System
- Septic Tank
Community Details
- Sigmon Farms Subdivision
Listing and Financial Details
- Assessor Parcel Number 58876
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,084 | $155,810 | $92,941 | $62,869 |
| 2023 | $1,058 | $155,810 | $92,941 | $62,869 |
| 2022 | $900 | $106,666 | $66,386 | $40,280 |
| 2021 | $900 | $106,666 | $66,386 | $40,280 |
| 2020 | $763 | $106,666 | $66,386 | $40,280 |
| 2019 | $763 | $106,666 | $66,386 | $40,280 |
| 2018 | $895 | $109,152 | $66,695 | $42,457 |
| 2017 | $794 | $109,152 | $66,695 | $42,457 |
| 2016 | $794 | $0 | $0 | $0 |
| 2015 | $864 | $109,152 | $66,695 | $42,457 |
| 2014 | $893 | $114,459 | $66,695 | $47,764 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $520,000 | -4.6% | $338 / Sq Ft |
| 06/08/2025 06/08/25 | Price Changed | $545,000 | -4.2% | $354 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $569,000 | +38.8% | $370 / Sq Ft |
| 04/19/2024 04/19/24 | Sold | $410,000 | -13.7% | -- |
| 03/15/2024 03/15/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $475,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | None Listed On Document | |
| Deed | $122,500 | -- | |
| Deed | $171,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $389,500 | New Conventional |
Source: Public Records
About the Listing Agent
Gary Espin is a native Charlottean, who leads a team of experienced Real Estate professionals who know the Charlotte region inside and out.
Gary's Team is on staff at all times to support their clients needs. Proud members of NAR (National Association of Realtors®), NCAR (North Carolina Association of Realtors®), CRRA (Charlotte Regional Realtors® Association), and CMLS (Carolina Multiple Listing Services).
Licensed in North Carolina. Allow us the opportunity to show you why we
Gary's Other Listings
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4264312
APN: 58876
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