NOT LISTED FOR SALE

408 Hoover Rd Troutman, NC 28166

Estimated Value: $439,000 - $541,224

3 Beds
2 Baths
1,740 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $273,000 $157 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,764/month

1 Day on Market

Highlights

  • Wooded Lot
  • Separate Outdoor Workshop
  • Pasture
  • Traditional Architecture
  • Attached Garage
  • Wood Burning Fireplace

About This Home

As of November 2019

Stately entrance welcomes you to this well built and well maintained brick, ranch home on 3.5 acres. Long driveway with 3 additional pads is the first welcome that you receive. Blooming trees dot the property and the expansive front porch says come sit a while. As you enter home you will see oversized living room with massive brick fireplace flanked by built-ins. The kitchen is large with an ample sized breakfast area and looks out to the expansive and private acreage...one of the highlights of this beautiful property! Two nice size bedrooms and a large master round out the home. There are (2) TWO CAR GARAGES and very large storage off attached garage as well as a carport. New, enlarged deck off the back, with retractable awning looks out at paradise...cleared as well as wooded acreage providing many possibilities. Pool, equestrian-barn, mini farm with goats/chickens or just peace and quiet. You decide! Priced to account for your updating. Impeccably maintained.

Last Agent to Sell the Property

Lori Nasoff

Lake Norman Agents LLC License #228215 Listed on: 07/20/2019

Last Buyer's Agent

Rebekah Elder

Berkshire Hathaway HomeServices Carolinas Realty License #289152

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Vinyl Flooring
  • Crawl Space

Additional Features

  • Separate Outdoor Workshop
  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4741-67-9848.000

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.03019
  • Ratio Close Price By Original Li: 1.03019
  • Ratio Current Price By Acre: 78901.73
  • Ratio Current Price By Sq Ft: 156.90
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Living Room, Natural Gas, Wood Burning
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1740
  • Total Sq Ft: 1740

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Carport - 1 Car, Detached Garage, Driveway, Garage - 4+ Car, Parking Space - 3

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Pasture, Trees, Wooded
  • Lot Size Area: 3.460
  • Parcel Number: 4741-67-9848.000
  • Zoning Specification: RUR

Tax Info

  • Tax Value: 233250.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Nov 14, 2019
Sold by
Rossen Eileen R and Eileen R Rossen Irrevocable Tr
Bought by
Hamsher Barbara J and Hamsher Henry
Seller's Agent
Lori Nasoff
Lake Norman Agents LLC
Buyer's Agent
Rebekah Elder
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$265,000
Sold Price
$273,000
Premium/Discount to List
$8,000
3.02%
Current Estimated Value
$483,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,306
Avg. Annual Appreciation
10.13%
Original Mortgage
$245,700
Outstanding Balance
$216,368
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$266,938

Purchase Details

Closed on
Dec 8, 2016
Sold by
Rossen Eileen
Bought by
Rossen Eileen R

Purchase Details

Closed on
Jul 6, 2016
Sold by
Barringer Carol Barnette
Bought by
Rossen Eileen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,655
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Cloaninger Sandra Williams
Bought by
Barnette Walter R and Barnette Margaret G

Purchase Details

Closed on
Dec 1, 1987

Purchase Details

Closed on
Jun 1, 1986
Source: Public Records

Range of Values:

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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
Hamsher Barbara J $273,000 None Available
Rossen Eileen R $239,804 None Available
Rossen Eileen R $244,900 The Title Company Of North C
Barnette Walter R $292,500 None Available
-- $4,000 --
-- $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamsher Barbara J $245,700
Previous Owner Rossen Eileen R $232,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $273,000 +3.0% $157 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/20/2019 07/20/19 For Sale $265,000 -- $152 / 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 $2,744 $447,340 $135,060 $312,280
2023 $2,444 $447,340 $135,060 $312,280
2022 $1,658 $255,250 $65,710 $189,540
2021 $1,658 $255,250 $65,710 $189,540
2020 $1,567 $240,850 $65,710 $175,140
2019 $1,507 $240,850 $65,710 $175,140
2018 $1,446 $233,250 $65,710 $167,540
2017 $1,446 $233,250 $65,710 $167,540
2016 $1,446 $233,250 $65,710 $167,540
2015 $1,446 $233,250 $65,710 $167,540
2014 $1,348 $235,640 $58,410 $177,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3531646

Canopy MLS (Canopy Realtor® Association)

APN: 4741-67-9848.000