NOT LISTED FOR SALE

416 Wallace Springs Rd Statesville, NC 28677

Estimated Value: $208,000 - $235,000

2 Beds
1 Bath
1,064 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $118,000 $111 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,242/month

1 Day on Market

Highlights

  • Wood Flooring
  • Bungalow
  • 1-Story Property
  • Storage Room

About This Home

As of August 2020

Adorable bungalow! Perfect 1st time homeowners or investment property. Exterior has been updated. Carpets updated inside with some fresh paint. This home has been in the same family for many generations. Quiet country community living. Refrigerator and microwave to stay with home. Thank you for showing. Home is vacant and ready to move in.

Last Agent to Sell the Property

Lori Hawkins

Premier South License #104719 Listed on: 07/03/2020

Premier South

Last Buyer's Agent

Lori Hawkins

Premier South License #104719 Listed on: 07/03/2020

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 1

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Storage Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4733-43-8181.000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.87407
  • Ratio Close Price By Original Li: 0.87407
  • Ratio Current Price By Acre: 118000.00
  • Ratio Current Price By Sq Ft: 110.90
  • Year Built: 1926
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Window(s)
  • Equipment: Cable Prewire, Cooktop Electric, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Porch
  • Room Count: 1
  • Main Level Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 4733-43-8181.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 57920.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 6, 2020
Sold by
Cook Patricia Catherine and Shaw David Kenneth
Bought by
Tanner Mark A and Tanner Debra G
Seller's Agent
Lori Hawkins
Premier South
Buyer's Agent
Lori Hawkins
Premier South
List Price
$135,000
Sold Price
$118,000
Premium/Discount to List
-$17,000
-12.59%
Current Estimated Value
$219,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,205
Avg. Annual Appreciation
12.42%
Original Mortgage
$112,100
Outstanding Balance
$79,774
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$139,431

Purchase Details

Closed on
Aug 12, 1999
Sold by
Herrin William Matthew and Herrin Polly
Bought by
Cook Patricia Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 1, 1941
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
Tanner Mark A $118,000 None Available
Cook Patricia Catherine $40,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanner Mark A $112,100
Previous Owner Cook Patricia Catherine $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $118,000 -12.6% $111 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $135,000 -- $127 / 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 $1,036 $162,600 $47,780 $114,820
2023 $1,036 $130,820 $47,780 $83,040
2022 $429 $57,920 $25,480 $32,440
2021 $419 $57,920 $25,480 $32,440
2020 $419 $57,920 $25,480 $32,440
2019 $405 $57,920 $25,480 $32,440
2018 $374 $53,850 $25,480 $28,370
2017 $374 $53,850 $25,480 $28,370
2016 $374 $53,850 $25,480 $28,370
2015 $374 $53,850 $25,480 $28,370
2014 $371 $58,080 $25,480 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3635707

Canopy MLS (Canopy Realtor® Association)

APN: 4733-43-8181.000