NOT LISTED FOR SALE

425 Sullivan Rd Statesville, NC 28677

Estimated Value: $375,000 - $400,257

4 Beds
2 Baths
2,748 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $302,000 $110 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,311/month

79 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Built-In Features
  • Screened Porch
  • Attached Garage
  • Laundry Room

About This Home

As of May 2022

Back on market no fault of seller. Location, location, location. One of the prettiest streets in Statesville. Enjoy a home with so much character while still providing close proximity to everything. Beautiful brick 4 BR home with hardwood floors and screened in porch. Enjoy a spacious kitchen with Viking brand stove and hood. Fenced in yard complete with large back deck. Don’t miss this slice of heaven!

Last Agent to Sell the Property

Devon Stamey

Lake Norman Realty, Inc. License #287655 Listed on: 02/22/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Bob Campbell

Lake Norman Realty, Inc. License #221453

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1927

Lot Details

  • Open Lot
  • Zoning described as R10

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Iredell Elementary And Middle School
  • Statesville High School

Utilities

  • Central Heating
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Brookdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4745-40-5233.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,408

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1927
  • Ratio Current Price By Acre: 755000.00
  • Restrictions: None
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built Ins, Cable Available
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2084
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1540
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1540
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 664
  • Porch: Screened
  • Appliances: Dishwasher, Gas Range, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2748
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Statesville
  • Construction Type: Site Built
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage

Utilities

  • Heating: Baseboard, Central, Gas Hot Air Furnace, None
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: East Iredell
  • HOA Subject To: None

Lot Info

  • Lot Features: Open Lot
  • Lot Size Units: Acres
  • Parcel Number: 4745-40-5233.000
  • Zoning Description: R10

Tax Info

  • RATIO List Price By Tax Amount: 1.59847

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: East Iredell
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 7, 2022
Sold by
Arthur Zehr Jr James
Bought by
Poinsett Cody and Poinsett Sarah
Seller's Agent
Devon Stamey
Lake Norman Realty, Inc.
Buyer's Agent
Bob Campbell
Lake Norman Realty, Inc.
List Price
$350,000
Sold Price
$302,000
Premium/Discount to List
-$48,000
-13.71%
Current Estimated Value
$383,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,814
Avg. Annual Appreciation
7.01%
Original Mortgage
$241,600
Outstanding Balance
$229,556
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$154,258

Purchase Details

Closed on
Jun 1, 1959
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
Poinsett Cody $302,000 Law Office Of Anthony S Privet
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poinsett Cody $241,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $302,000 +0.7% $110 / Sq Ft
04/11/2022 04/11/22 Price Changed $300,000 -7.7% $109 / Sq Ft
03/15/2022 03/15/22 Price Changed $325,000 -7.1% $118 / Sq Ft
02/22/2022 02/22/22 For Sale $350,000 -- $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 $3,408 $328,980 $27,000 $301,980
2023 $3,408 $328,980 $27,000 $301,980
2022 $2,157 $187,680 $24,300 $163,380
2021 $2,213 $187,680 $24,300 $163,380
2020 $2,213 $187,680 $24,300 $163,380
2019 $2,194 $187,680 $24,300 $163,380
2018 $1,877 $169,060 $24,300 $144,760
2017 $1,841 $169,060 $24,300 $144,760
2016 $1,841 $169,060 $24,300 $144,760
2015 $1,637 $169,060 $24,300 $144,760
2014 $1,679 $181,470 $24,300 $157,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818555

Canopy MLS (Canopy Realtor® Association)

APN: 4745-40-5233.000