NOT LISTED FOR SALE

515 Luther Dr Iron Station, NC 28080

Estimated Value: $519,000 - $661,000

3 Beds
2.5 Baths
2,428 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $363,000 $150 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,173/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tray Ceiling
  • St. James Elementary School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of September 2020

Gorgeous home on almost an acre of land! Excellent location with access to HWY 73 and close to HWY 16. Welcoming covered front porch and screened in back porch with outdoor patio space. Backyard is fenced in with a convenient storage shed. Nice open floor plan with master bedroom on the main floor. Beautiful stone fireplace in the main living space. Looking for a home office or den, look no further! Secondary bedrooms upstairs with a fabulous flex space. Spacious unfinished basement that would make a great area for secondary living space. This could be the home you have been searching for!

Last Agent to Sell the Property

Jennifer Taylor

Keller Williams Advantage License #285493 Listed on: 08/20/2020

Keller Williams Advantage

Last Buyer's Agent

Mari LaPrelle

EXP Realty LLC Mooresville License #238510

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.88

Parking

  • Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Tray Ceiling

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 75678

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.02254
  • Ratio Close Price By Original Li: 1.02254
  • Ratio Current Price By Acre: 412500.00
  • Ratio Current Price By Sq Ft: 149.51
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 827
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Microwave, Oven
  • Fireplace Description: FAMILYRM
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1601
  • Total Sq Ft: 2428
  • Sq Ft Unheated Basement: 1432
  • Sq Ft Unheated Total: 1432

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 75678
  • Zoning Specification: R-T

Tax Info

  • Tax Value: 266385.00
  • Tax Location: Alexis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 24, 2020
Sold by
Baker Kyle D and Baker Alyssa L
Bought by
Brown John P
Seller's Agent
Jennifer Taylor
Keller Williams Advantage
Buyer's Agent
Mari LaPrelle
EXP Realty LLC Mooresville
List Price
$355,000
Sold Price
$363,000
Premium/Discount to List
$8,000
2.25%
Current Estimated Value
$556,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,461
Avg. Annual Appreciation
8.60%
Original Mortgage
$290,400
Outstanding Balance
$257,711
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$298,750

Purchase Details

Closed on
Apr 23, 2018
Sold by
Westall Ross K and Westall Kassie B
Bought by
Baker Kyle D and Baker Alyssa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2017
Sold by
Burgin Michael A and Burgin Robbie B
Bought by
Westall Ross Kendell and Westall Kassie Burgin

Purchase Details

Closed on
Mar 9, 2009
Sold by
Westall Ross K
Bought by
Westall Ross K and Westall Kassie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Sigmon Farms Inc
Bought by
Westall Ross K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Brown John P $363,000 Investors Title Company
Baker Kyle D $330,000 None Available
Westall Ross Kendell -- None Available
Westall Ross K -- None Available
Westall Ross K $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown John P $290,400
Previous Owner Baker Kyle D $245,000
Previous Owner Westall Ross K $216,000
Previous Owner Westall Ross K $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $363,000 +2.3% $150 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $355,000 -- $146 / 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 $2,913 $447,948 $43,000 $404,948
2024 $2,893 $447,948 $43,000 $404,948
2023 $2,827 $447,948 $43,000 $404,948
2022 $2,276 $293,827 $32,000 $261,827
2021 $2,276 $266,385 $32,000 $234,385
2020 $1,906 $266,385 $32,000 $234,385
2019 $1,906 $266,385 $32,000 $234,385
2018 $1,808 $234,629 $31,000 $203,629
2017 $1,707 $234,629 $31,000 $203,629
2016 $1,707 $234,629 $31,000 $203,629
2015 $1,759 $234,629 $31,000 $203,629
2014 $1,726 $232,119 $31,000 $201,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3652209

Canopy MLS (Canopy Realtor® Association)

APN: 75678