NOT LISTED FOR SALE

403 E Front St Statesville, NC 28677

Estimated Value: $274,395

4 Beds
2 Baths
-- Sq Ft
0.45 Acres

Last Sold September 05, 2023

Last sale price $255,000

Est. 8% increase in value since last sale

Current estimated payment $1,702/month

197 Days on Market

About This Home

As of September 2023

Rare opportunity to be only the 4th owners of this amazing commercial landmark property, The Big White House, in Downtown Statesville. Located on a corner lot with it's own parking lot. This 1902 Victorian has so much character & charm with too many special features to list! CBP zoning allows for a variety of uses. Can be residential with a kitchen remodel. Previous rental history of $2500.00 a month income. Owners are licensed NC Real Estate Brokers. A confirmed showing appointment is required to view. Serious inquiries only and showings only allowed with proof of funding. For sale only. Below Tax Value!

Last Agent to Sell the Property

Denise Eddleman

Keller Williams Realty Elite License #179066 Listed on: 01/30/2023

Keller Williams Realty Elite

Last Buyer's Agent

Karen Carty

ERA Live Moore License #263618

ERA Live Moore

Property Details

Property Type

  • Other

Year Built

  • Built in 1902

Lot Details

  • 0.45

Additional Features

  • Property is zoned CBP
  • City Lot

Community Details

  • No Home Owners Association
  • 2,714 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 4744251919

Property Details

Property Type

Other

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Investment, Medical, Professional/Office, Retail
  • Directions: Corner of E. Front Street & Elm Street in Downtown Statesville.
  • Year Built: 1902
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Available: On-Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4744251919
  • Zoning: CBP
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 280000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Aug 28, 2023
Sold by
Eddleman John M and Eddleman Denise J
Bought by
Innisfree Holdings Llc
Seller's Agent
Denise Eddleman
Keller Williams Realty Elite
Buyer's Agent
Karen Carty
ERA Live Moore
List Price
$375,000
Sold Price
$255,000
Premium/Discount to List
-$120,000
-32%
Views
697
Current Estimated Value
$274,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,395
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Sep 21, 2001
Sold by
Frazier Leon P and Frazier Peggy G
Bought by
Eddleman John M and Eddleman Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1990

Purchase Details

Closed on
Sep 1, 1987

Purchase Details

Closed on
Jun 1, 1921
Source: Public Records
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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
Innisfree Holdings Llc $255,000 None Listed On Document
Eddleman John M $117,000 --
-- $38,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eddleman John M $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $255,000 -8.9% --
08/16/2023 08/16/23 Pending -- -- --
08/06/2023 08/06/23 Price Changed $280,000 -8.2% --
08/04/2023 08/04/23 Price Changed $304,900 +306.5% --
06/16/2023 06/16/23 Price Changed $75,000 -75.4% --
05/07/2023 05/07/23 Price Changed $304,900 -6.2% --
04/05/2023 04/05/23 Price Changed $324,900 -7.2% --
03/02/2023 03/02/23 Price Changed $350,000 -6.7% --
01/30/2023 01/30/23 For Sale $375,000 -- --
Source: Triad MLS

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 $3,201 $286,380 $112,500 $173,880
2024 $3,201 $286,380 $112,500 $173,880
2023 $3,201 $286,380 $112,500 $173,880
2022 $2,828 $238,560 $84,380 $154,180
2021 $2,828 $238,560 $84,380 $154,180
2020 $2,828 $238,560 $84,380 $154,180
2019 $2,804 $238,560 $84,380 $154,180
2018 $2,651 $239,140 $146,250 $92,890
2017 $2,601 $239,140 $146,250 $92,890
2016 $2,601 $239,140 $146,250 $92,890
2015 $2,481 $239,140 $146,250 $92,890
2014 $3,069 $308,440 $182,910 $125,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1095387

Triad MLS

APN: 4744-25-1919.000