NOT LISTED FOR SALE

502 Millsaps Rd Statesville, NC 28625

Estimated Value: $235,000 - $294,000

3 Beds
2 Baths
2,818 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $125,000 $44 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,523/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Ranch Style House
  • Front Porch
  • Laundry Room

About This Home

As of December 2017

Highly desirable ranch floorplan-great access to I-40 & downtown Statesville. Step inside to a lg living room w/office on main. Great eat in kitchen w/formal dining area out to deck overlooking flat, fenced yard. Master w/ensuite bath plus 2 addt'l bedrooms & a full bath. Basement partially finished (heat & A/C) w 1/2 bath plumbed for full. Lots of extra usable sq footage in basement w/walkout. Backyard great for entertaining. Rear garage door & 2 window panes to be replaced by seller.

Last Agent to Sell the Property

Laurie Marzano

Dazcon Properties Brokerage Email: lauriemarzano@gmail.com License #274788 Listed on: 11/16/2017

Last Buyer's Agent

Wendy Hodel

Howard Hanna Allen Tate Statesville License #82363

Howard Hanna Allen Tate Statesville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1986

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 130x150x128x151
  • Fenced
  • Level Lot
  • Property is zoned R10

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • 1 Detached Carport Space
  • Basement Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Cloverleaf Elementary School
  • Statesville High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Beverly Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4735-63-5754.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1986
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 44.36
  • Attribution Contact: lauriemarzano@gmail.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1346
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater
  • Above Grade Finished Sq Ft: 1346
  • Accessibility Features: Other - See Remarks
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1472
  • Fireplace Features: Living Room
  • Living Area: 2818
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Attic Fan, Ceiling Fan(s)
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 4735-63-5754.000
  • Development Status: Completed
  • Lot Size Acres: 0.445
  • Lot Size: 130x150x128x151
  • Lot Size Sq Ft: 19384
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R10

MLS Schools

  • Elementary School: Cloverleaf
  • High School: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 11, 2017
Sold by
Reavis Lori Michelle
Bought by
Sutliff Richard
Seller's Agent
Laurie Marzano
Dazcon Properties
Buyer's Agent
Wendy Hodel
Howard Hanna Allen Tate Statesville
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Current Estimated Value
$258,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,982
Avg. Annual Appreciation
9.57%
Original Mortgage
$100,000
Outstanding Balance
$84,191
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$174,791

Purchase Details

Closed on
Jun 29, 2012
Sold by
Reavis Larry and Reavis Judie J
Bought by
Reavis Lori Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Reavis Lori Michelle and Reavis Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Bustle Robert F and Bustle Melissa L
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 31, 2005
Sold by
Yelton M J and Yelton Jane Gaither
Bought by
Bustle Robert F and Bustle Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,620
Interest Rate
5.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1999
Sold by
Sherrill Mildred T
Bought by
Maddox Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 1998
Sold by
Allison Hubert L
Bought by
Maddox Willie

Purchase Details

Closed on
Dec 30, 1994
Bought by
Yelton Jane G and M J

Purchase Details

Closed on
Apr 7, 1965
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
Sutliff Richard $125,000 None Available
Reavis Lori Michele -- None Available
Reavis Lori Michelle -- None Available
The Secretary Of Housing & Urban Develop $128,474 None Available
Bustle Robert F $129,000 --
Maddox Willie $7,000 --
Maddox Willie $3,500 --
Yelton Jane G $55,000 --
-- $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutliff Richard $100,000
Previous Owner Reavis Lori Michele $112,500
Previous Owner Reavis Lori Michelle $64,800
Previous Owner Bustle Robert F $126,620
Previous Owner Maddox Willie $5,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $125,000 -10.1% $44 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $139,000 -- $49 / 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 $1,909 $181,680 $46,800 $134,880
2023 $1,909 $181,680 $46,800 $134,880
2022 $1,508 $127,900 $17,600 $110,300
2021 $1,564 $127,900 $17,600 $110,300
2020 $1,564 $127,900 $17,600 $110,300
2019 $1,551 $127,900 $17,600 $110,300
2018 $1,317 $113,490 $17,600 $95,890
2017 $1,293 $113,490 $17,600 $95,890
2016 $1,293 $113,490 $17,600 $95,890
2015 $1,116 $113,490 $17,600 $95,890
2014 $1,116 $118,880 $17,600 $101,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3338768

Canopy MLS (Canopy Realtor® Association)

APN: 4735-63-5754.000