NOT LISTED FOR SALE

514 West Ave Troutman, NC 28166

Estimated Value: $266,160 - $291,000

3 Beds
2 Baths
1,189 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $254,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,697/month

30 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of April 2024

Charming ranch home located on corner lot in Inglewood community. Established community with No HOA and close to downtown Troutman, this 3 bedroom, 2 bath home offers a cozy rocking chair front porch. Store your outdoor equipment in the backyard shed. New roof installed in 2021, enjoy 2 yr old appliances! Location, location!

Last Agent to Sell the Property

Shelly Russ

Keller Williams South Park Brokerage Email: shellyruss@markspain.com License #225791 Listed on: 02/16/2024

Keller Williams South Park

Last Buyer's Agent

Hayley Lewin

EXP Realty LLC License #335878

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Property is zoned RT

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Inglewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4731-55-5086.000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 213.62
  • Geocode Confidence: High
  • Attribution Contact: shellyruss@markspain.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1189
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1189
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1189
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl

Garage/Parking

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

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 4731-55-5086.000
  • Plat Reference Section Pages: 548
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RT

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 17, 2024
Sold by
Bell Sue A and Selvey Sue A
Bought by
Bailey Lankford
Seller's Agent
Shelly Russ
Keller Williams South Park
Buyer's Agent
Hayley Lewin
EXP Realty LLC
List Price
$292,500
Sold Price
$254,000
Premium/Discount to List
-$38,500
-13.16%
Views
107
Current Estimated Value
$278,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,790
Avg. Annual Appreciation
5.70%
Original Mortgage
$228,600
Outstanding Balance
$224,760
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$54,030

Purchase Details

Closed on
Aug 6, 2003
Sold by
Pilot Developers Llc
Bought by
Bell Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1994

Purchase Details

Closed on
Apr 1, 1984

Purchase Details

Closed on
Jun 1, 1981
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bailey Lankford $254,000 Tryon Title
Bell Sue A $101,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Lankford $228,600
Previous Owner Bell Sue A $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $254,000 -6.6% $214 / Sq Ft
03/06/2024 03/06/24 Price Changed $272,000 -2.9% $229 / Sq Ft
02/24/2024 02/24/24 Price Changed $280,000 -2.6% $235 / Sq Ft
02/21/2024 02/21/24 Price Changed $287,500 -1.7% $242 / Sq Ft
02/19/2024 02/19/24 For Sale $292,500 -- $246 / 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
2025 $2,787 $247,910 $35,000 $212,910
2024 $2,787 $247,910 $35,000 $212,910
2023 $2,787 $247,910 $35,000 $212,910
2022 $1,364 $112,680 $18,000 $94,680
2021 $1,349 $112,680 $18,000 $94,680
2020 $1,349 $112,680 $18,000 $94,680
2019 $1,321 $112,680 $18,000 $94,680
2018 $1,125 $95,980 $14,500 $81,480
2017 $1,125 $95,980 $14,500 $81,480
2016 $1,125 $95,980 $14,500 $81,480
2015 $1,077 $95,980 $14,500 $81,480
2014 $1,007 $93,590 $12,000 $81,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4110305

Canopy MLS (Canopy Realtor® Association)

APN: 4731-55-5086.000