NOT LISTED FOR SALE

427 Little Farm Rd Statesville, NC 28625

Estimated Value: $382,000 - $431,000

4 Beds
2 Baths
2,749 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $195,000 $71 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,268/month

88 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Wood Burning Fireplace
  • Wood Flooring

About This Home

As of March 2018

Price reduced! A private retreat on 1.5 acres in the country, character defines this spacious and lovingly restored farmhouse. Large back deck, bright eat-in kitchen, formal dining room, and wood burning stove complete this gracious and updated country home. Original bead board throughout, crown moldings, chair rails, original picture hanging moldings, and original pine flooring bring an old world vintage charm. Recessed lighting, granite vanities, and custom marble shower adjust for 21st-century living.No HOA

Last Agent to Sell the Property

Thomas Gregory

Lake Norman Realty, Inc. License #264590 Listed on: 11/04/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Jennifer Griggs

Carolina Landmark Realty License #267955

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 1.5

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 4716-74-9358.000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97549
  • Ratio Close Price By Original Li: 0.94660
  • Ratio Current Price By Acre: 130000.00
  • Ratio Current Price By Sq Ft: 70.93
  • Year Built: 1915
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1038
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Convection Oven, Cooktop Electric, Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Description: Living Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1711
  • Total Sq Ft: 2749

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Oil Hot Air
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 313X171X293X289
  • Parcel Number: 4716-74-9358.000
  • Zoning: Residential
  • Zoning Specification: RA

Tax Info

  • Tax Value: 157710.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Mar 19, 2018
Sold by
Mumaw Douglas R and Snitko Jennifer M
Bought by
Mabie David Charles and Mabie Martha Echols
Seller's Agent
Thomas Gregory
Lake Norman Realty, Inc.
Buyer's Agent
Jennifer Griggs
Carolina Landmark Realty
List Price
$206,000
Sold Price
$195,000
Premium/Discount to List
-$11,000
-5.34%
Current Estimated Value
$403,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,519
Avg. Annual Appreciation
9.95%
Original Mortgage
$199,192
Outstanding Balance
$170,448
Interest Rate
4.32%
Mortgage Type
VA
Estimated Equity
$233,071

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bathanti Joseph R and Bathanti Joan C
Bought by
Mumaw Douglas R and Snitko Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 1995

Purchase Details

Closed on
May 1, 1994

Purchase Details

Closed on
Jan 1, 1991
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
Mabie David Charles $195,000 None Available
Mumaw Douglas R $163,000 None Available
-- $104,000 --
-- -- --
-- $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabie David Charles $199,192
Previous Owner Mumaw Douglas R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $195,000 -5.3% $71 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
11/04/2017 11/04/17 For Sale $206,000 -- $75 / 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 $1,697 $277,450 $32,120 $245,330
2023 $1,697 $277,450 $32,120 $245,330
2022 $1,266 $192,260 $27,540 $164,720
2021 $1,262 $192,260 $27,540 $164,720
2020 $1,262 $192,260 $27,540 $164,720
2019 $1,243 $192,260 $27,540 $164,720
2018 $994 $157,710 $27,540 $130,170
2017 $994 $157,710 $27,540 $130,170
2016 $994 $157,710 $27,540 $130,170
2015 $994 $157,710 $27,540 $130,170
2014 $940 $159,990 $27,540 $132,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3334794

Canopy MLS (Canopy Realtor® Association)

APN: 4716-74-9358.000