NOT LISTED FOR SALE

505 High Point Ave Unit 13 Statesville, NC 28677

Estimated Value: $64,000 - $134,000

2 Beds
1 Bath
784 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $55,000 $70 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $558/month

2 Days on Market

About This Home

As of March 2021

There are no shortage of listings that make use of terms such as, quant, lavish, stunning, granite countertops, or even exquisite. This is not that listing, but you already knew that seeing as how you're looking at a sub $50,000 home within an hour of the competitive Charlotte real estate market. Charlotte has consistently proven itself over the years, as a city that draws scores of people from across the country due to it's moderate climate, great restaurants and banking industry. As a result surrounding towns such as Statesville are beginning to have a new light cast on them in response to the overflow of people looking to move to the area. With a rich history, a number of festivals including the Carolina Balloon festival you might even forget Charlotte is so close! Given the price you may think the house has nothing going for it, but you'd be dead wrong, all the windows were replaced in 2019 and a new roof was prior to purchase in 2018. New lights and fans were also put in in 2019.

Last Agent to Sell the Property

Christopher Grant

WNC Real Estate Inc. License #311694 Listed on: 02/26/2021

Last Buyer's Agent

Christopher Grant

WNC Real Estate Inc. License #311694 Listed on: 02/26/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 7,405

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 4733971558

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.15789
  • Ratio Close Price By Original Li: 1.15789
  • Ratio Current Price By Acre: 323529.41
  • Ratio Current Price By Sq Ft: 70.15
  • Year Built: 1929
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Refrigerator
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 784
  • Total Sq Ft: 784
  • Sq Ft Unheated Main: 84
  • Sq Ft Unheated Total: 84

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50x150x50150
  • Parcel Number: 4733971558
  • Plat Book Slide: 1/183
  • Plat Reference Section Pages: 1/183
  • Zoning Specification: R5-MFM

Tax Info

  • Tax Value: 29130.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Heesch Teagan
Bought by
Heesch Neil
Current Estimated Value
$94,756

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 16, 2021
Sold by
Buff Gabrielle
Bought by
Heesch Neil and Heesch Teagan
Seller's Agent
Christopher Grant
WNC Real Estate Inc.
Buyer's Agent
Christopher Grant
WNC Real Estate Inc.
List Price
$47,500
Sold Price
$55,000
Premium/Discount to List
$7,500
15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Oct 4, 2018
Sold by
Shore Dawn
Bought by
Buff Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Fannie Mae
Bought by
Velbeck John and Shore Dawn

Purchase Details

Closed on
Dec 31, 2012
Sold by
Redmond Larry G and Redmond Larry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 11, 2001
Sold by
Redmond Larry
Bought by
Redmond Rentals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1995

Purchase Details

Closed on
Jun 1, 1967
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Heesch Neil $30,000 None Listed On Document
Heesch Neil $55,000 None Available
Buff Gabrielle $29,000 None Available
Velbeck John -- None Available
Federal National Mortgage Association $13,005 None Available
Redmond Rentals -- --
-- $21,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buff Gabrielle $23,200
Previous Owner Redmond Rentals $31,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $55,000 +15.8% $70 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $47,500 -- $61 / 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 $704 $63,310 $10,000 $53,310
2023 $704 $63,310 $10,000 $53,310
2022 $547 $34,210 $4,500 $29,710
2021 $492 $29,130 $4,500 $24,630
2020 $492 $29,130 $4,500 $24,630
2019 $489 $29,130 $4,500 $24,630
2018 $335 $16,160 $4,500 $11,660
2017 $332 $16,160 $4,500 $11,660
2016 $332 $16,160 $4,500 $11,660
2015 $20 $16,160 $4,500 $11,660
2014 $219 $18,620 $4,500 $14,120
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3712694

Canopy MLS (Canopy Realtor® Association)

APN: 4733-97-1558.000