NOT LISTED FOR SALE

487 Elmwood Rd Statesville, NC 28625

Estimated Value: $192,000 - $224,000

2 Beds
1 Bath
884 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $180,000 $204 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,134/month

13 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Front Porch
  • Cool Spring Elementary School Rated A-
  • Ranch Style House
  • Laundry Room

About This Home

As of July 2023

The tastefully renovated 2-bedroom home and peaceful living you've been looking for. It's nestled in a great area and serene rural setting while being close to everything Statesville has to offer. This well laid out floor plan has abundant natural light and creates an inviting and comfortable atmosphere. The house packs a lot of features and functionality in a small footprint and has a shed included. The spacious bedrooms offer a tranquil retreat, and the backyard oasis provides endless possibilities for relaxation and entertainment. Enjoy the serenity of this location while still being conveniently close to schools, shopping, and dining. Don't miss the opportunity to own this beautifully renovated home in a rural and wonderful part of town—schedule a showing today and embrace the peaceful lifestyle you've been dreaming of.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com Brokerage Email: info@homecoin.com License #126545 Listed on: 06/02/2023

Last Buyer's Agent

Dawn McGinn

NextHome World Class License #265176

NextHome World Class

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 75 x 255
  • Front Green Space
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned RA

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 884 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Cool Spring Elementary School
  • East Middle School
  • North Iredell High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4784-04-4435.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 203.62
  • Geocode Confidence: High
  • Attribution Contact: info@homecoin.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 884
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 884
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 884
  • Window Features: Window Treatments
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Hall, Laundry Closet, Main Level
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Green Area, Level, Open Lot, Private
  • Lot Size Units: Acres
  • Parcel Number: 4784-04-4435.000
  • Zoning: RA
  • Lot Size: 75 x 255
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Cool Spring
  • High School: North Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
M/I Homes Of Charlotte Llc
Bought by
Medlar George and Medlar Lorie
Current Estimated Value
$204,729

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 26, 2023
Sold by
Jetton Holdings Llc
Bought by
Walle Caitlin Marie and Stallman Jessica Flora
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Dawn McGinn
NextHome World Class
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$130,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2022
Sold by
Louise Mcdaniels
Bought by
Jetton Holdines Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 1961
Bought by
Johnson Belva W
Source: Public Records

Range of Values:

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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
Medlar George -- None Listed On Document
Walle Caitlin Marie $180,000 None Listed On Document
Walle Caitlin Marie $180,000 None Listed On Document
Jetton Holdines Llc $30,000 --
Johnson Belva W $600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walle Caitlin Marie $130,000
Previous Owner Jetton Holdines Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $180,000 -2.7% $204 / Sq Ft
06/02/2023 06/02/23 For Sale $185,000 -- $209 / 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 $742 $115,520 $17,590 $97,930
2023 $742 $63,620 $17,590 $46,030
2022 $357 $47,320 $14,290 $33,030
2021 $353 $47,320 $14,290 $33,030
2020 $353 $47,320 $14,290 $33,030
2019 $348 $47,320 $14,290 $33,030
2018 $310 $43,230 $14,290 $28,940
2017 $310 $43,230 $14,290 $28,940
2016 $310 $43,230 $14,290 $28,940
2015 $310 $43,230 $14,290 $28,940
2014 $324 $49,000 $17,590 $31,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4036823

Canopy MLS (Canopy Realtor® Association)

APN: 4784-04-4435.000