NOT LISTED FOR SALE

506 Chestnut Ln Statesville, NC 28625

Estimated Value: $262,000 - $330,000

3 Beds
2 Baths
1,896 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $224,500 $118 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,656/month

5 Days on Market

Highlights

  • Deck
  • Front Porch
  • Laundry Room
  • Wood Flooring
  • Built-In Features
  • 1-Story Property

About This Home

As of May 2023

Brick ranch on .35 of acre with 3 bedrooms and 2 baths. Step into the foyer which opens to living room on one side with lots of natural light and den with fireplace and gas log insert on the other side. Home has a spacious eat in kitchen and a separate dining room that overlooks the backyard. There's also an added bonus room being used as office now but can be used as you chose. Enjoy the covered front porch or sit on back deck to view large yard while enjoying butterflies or watching birds in the trees. There's a large driveway and 2 space carport with room for all your parking needs. Lots of possibilities for updating! Home is being sold As Is.

Last Agent to Sell the Property

Jayne Helms

RE/MAX Leading Edge License #217044 Listed on: 03/14/2023

RE/MAX Leading Edge

Last Buyer's Agent

Brooke Gaither

Tarheel Realty II License #335017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1963

Lot Details

  • Property is zoned R10

Parking

  • 2 Attached Carport Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Log Fireplace
  • Den with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Cloverleaf Elementary School
  • Statesville Middle School
  • Statesville High School

Utilities

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

Community Details

  • Beverly Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4735-64-5191.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 118.41
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1896
  • 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 Cooktop, Electric Water Heater, Plumbed For Ice Maker, Wall Oven
  • Above Grade Finished Sq Ft: 1896
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Log
  • Living Area: 1896
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4735-64-5191.000
  • 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
Mar 14, 2023
Closed on
May 4, 2023
Sold by
Clarkson Harold E
Bought by
Cloer Abby Grace
Seller's Agent
Jayne Helms
RE/MAX Leading Edge
Buyer's Agent
Brooke Gaither
Tarheel Realty II
List Price
$224,500
Sold Price
$224,500
Views
133
Current Estimated Value
$281,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,327
Avg. Annual Appreciation
9.33%
Original Mortgage
$226,500
Outstanding Balance
$218,980
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$62,847

Purchase Details

Closed on
Apr 3, 2020
Sold by
Clarkson Harold E
Bought by
Clarkson Harold E and Clarkson Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2012
Sold by
Wooten Patricia Stradley
Bought by
Clarkson Harold E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,374
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1963
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
Cloer Abby Grace $224,500 None Listed On Document
Clarkson Harold E -- None Available
Clarkson Harold E $17,500 None Available
-- $181,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloer Abby Grace $226,500
Previous Owner Clarkson Harold E $112,000
Previous Owner Clarkson Harold E $115,374
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $224,500 0.0% $118 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $224,500 -- $118 / 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 $2,068 $197,340 $36,000 $161,340
2023 $2,068 $197,340 $36,000 $161,340
2022 $1,511 $128,150 $18,500 $109,650
2021 $1,567 $128,150 $18,500 $109,650
2020 $1,567 $128,150 $18,500 $109,650
2019 $1,554 $128,150 $18,500 $109,650
2018 $1,377 $119,470 $18,500 $100,970
2017 $1,352 $119,470 $18,500 $100,970
2016 $1,352 $119,470 $18,500 $100,970
2015 $1,172 $119,470 $18,500 $100,970
2014 $1,178 $125,820 $18,500 $107,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4009311

Canopy MLS (Canopy Realtor® Association)

APN: 4735-64-5191.000