NOT LISTED FOR SALE

427 River Run Rd Statesville, NC 28625

Estimated Value: $258,000 - $286,280

3 Beds
1 Bath
1,568 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $250,000 $159 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,534/month

16 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • A-Frame Home
  • Central Elementary School Rated A-
  • Mountain View
  • Deck

About This Home

As of April 2024

Rustic A-frame basement home on almost 5 acres with long-range views from the deck spanning the front of the home. Stunning 2-story vaulted great room with a wood-burning fireplace, hardwood floors, mountain views, and a spiral staircase to the loft above the dining room & kitchen, which features solid-wood cabinets, a walk-in pantry, and comes with stove, electric range and dishwasher included! The dining room is open to the great room and features a sliding glass door and built-in china cabinets. Down the hall you'll find 3 bedrooms (2 closets & a sliding glass door in the primary bedroom), a spacious full bath and a hall closet. Stairs lead down to an unfinished basement, which offers tons of storage, a workshop area, a laundry area, a woodstove for heat, & sliding doors to the side yard. Acreage fenced off in sections, & 2 outbuildings convey, a shed with power and a 3-stall mini-barn. As-is; priced $10K below appraised value!! Come enjoy life in the country in a private setting!

Last Agent to Sell the Property

Tami Fox

Keller Williams Unified Brokerage Email: tamifox@kw.com License #306956 Listed on: 03/07/2024

Keller Williams Unified

Last Buyer's Agent

Bennett Dee

Costello Real Estate and Investments LLC License #315465

Costello Real Estate and Investments LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 343x174x147x221x113x126x160x663
  • Property is Fully Fenced
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Sliding Doors
  • Great Room with Fireplace
  • Storage
  • Mountain Views

Kitchen

  • Walk-In Pantry
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Deck
  • Shed

Schools

  • Central Iredell Elementary School
  • North Iredell Middle School
  • North Iredell High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4739-30-5474.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1979
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 159.44
  • Geocode Confidence: High
  • Attribution Contact: tamifox@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Open Floorplan, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1414
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1472
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1472
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 154
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1568
  • Has Basement: Exterior Entry, Full, Interior Entry, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Great Room, Wood Burning, Wood Burning Stove, Other - See Remarks
  • Living Area: 1568
  • Bedroom Main: 3
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced, Full
  • View: Long Range, Mountain(s)
  • Exclusions: Propane tank leased not owned (Blossman Gas)
  • Construction Type: Wood
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Basement, Inside, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Pasture, Private, Sloped, Views, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4739-30-5474.000
  • Zoning: RA
  • Horse Amenities: Horses Allowed, Pasture
  • Lot Size: 343x174x147x221x113x126x160x663
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Central Iredell
  • High School: North Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 15, 2024
Sold by
Zemke Justin and Becker Victoria E
Bought by
Simpson James
Seller's Agent
Tami Fox
Keller Williams Unified
Buyer's Agent
Bennett Dee
Costello Real Estate and Investments LLC
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Views
90
Current Estimated Value
$275,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,070
Avg. Annual Appreciation
6.32%
Original Mortgage
$242,500
Outstanding Balance
$238,779
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$36,291

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 8, 2017
Sold by
Schaarschmidt Christopher and Schaarschmidt Ginger
Bought by
Zemke Justin and Becker Victoria E
Seller's Agent
Kathy Chenette
ProStead Realty
Buyer's Agent
Crystal Fry
The Carolina Property Group
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$120,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2014
Sold by
Scharrschmidt Christopher and Scharrschmidt Ginger
Bought by
Terblanche Michael

Purchase Details

Closed on
Sep 26, 2001
Sold by
Terblanche Robert Wallace and Terblanche Annette Yvonne
Bought by
Schaarschmidt Christopher and Schaarschmidt Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
6.89%
Mortgage Type
VA
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
Simpson James $250,000 None Listed On Document
Zemke Justin $130,000 The Title Company Of North C
Terblanche Michael -- None Available
Schaarschmidt Christopher $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson James $242,500
Previous Owner Zemke Justin $120,000
Previous Owner Schaarschmidt Christopher $147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $250,000 -3.8% $159 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $260,000 -3.7% $166 / Sq Ft
03/07/2024 03/07/24 For Sale $270,000 +107.7% $172 / Sq Ft
06/13/2017 06/13/17 Sold $130,000 +0.1% $109 / Sq Ft View Prior Sale
05/06/2017 05/06/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $129,900 -- $108 / 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 $1,017 $162,130 $71,290 $90,840
2023 $1,017 $162,130 $71,290 $90,840
2022 $883 $131,860 $50,320 $81,540
2021 $883 $131,860 $50,320 $81,540
2020 $883 $131,860 $50,320 $81,540
2019 $870 $131,860 $50,320 $81,540
2018 $1,001 $158,910 $58,570 $100,340
2017 $959 $151,880 $58,570 $93,310
2016 $959 $151,880 $58,570 $93,310
2015 $959 $151,880 $58,570 $93,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4115550

Canopy MLS (Canopy Realtor® Association)

APN: 4739-30-5474.000