NOT LISTED FOR SALE

517 Cedar St Troutman, NC 28166

Estimated Value: $221,000 - $295,000

2 Beds
1 Bath
1,156 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $275,000 $238 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,568/month

13 Days on Market

Highlights

  • Cottage
  • Laundry in Mud Room
  • Central Heating and Cooling System

About This Home

As of October 2024

FULLY RENOVATED!! Beautiful cottage in the heart of Troutman. Nestled on a quiet street with no HOA, this gem offers 2 main floor bedrooms with a full bathroom, and a large flex space upstairs that can be used for a third bedroom, a playroom, an office or whatever you may need! The home has been immaculately re-done from floors to ceilings, offering lvp floors, fresh paint, new lighting fixtures, new island, new counter tops, beautifully re finished cabinets, brand new appliances and so much more. Sitting on almost 1/3 of an acre you have a huge private backyard with a large deck to enjoy. Sit on the front porch while sipping your morning coffee and relax in the back in the evenings for a cook out!! Close to 77, stores, restaurants, Lake Norman state park, Iredell Rec Center, Daveste Vineyards or drive 15 mins either direction to enjoy Mooresville or Statesville! This home truly has it all, come see it!!

Last Agent to Sell the Property

Kim Guidi

EXP Realty LLC Mooresville Brokerage Email: kimberly.guidi@exprealty.com License #346040 Listed on: 08/15/2024

EXP Realty LLC Mooresville

Last Buyer's Agent

Mary Lovekamp

RE/MAX Executive License #344734

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • Back Yard Fenced
  • Property is zoned RT

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Crawl Space
  • Laundry in Mud Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4741-34-5301.000

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1923
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 237.89
  • Geocode Confidence: High
  • Attribution Contact: kimberly.guidi@exprealty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 961
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 195
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1156
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1156
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: 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: Mud Room
  • Cooling: 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 Size Units: Acres
  • Parcel Number: 4741-34-5301.000
  • Land Included Yn: 1
  • 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
Aug 15, 2024
Closed on
Oct 21, 2024
Sold by
Up To Date Construction Group Llc
Bought by
Dowling Sean
Seller's Agent
Kim Guidi
EXP Realty LLC Mooresville
Buyer's Agent
Mary Lovekamp
RE/MAX Executive
List Price
$274,999
Sold Price
$275,000
Premium/Discount to List
$1
0.0%
Views
25
Current Estimated Value
$261,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,344
Avg. Annual Appreciation
-3.84%
Original Mortgage
$261,250
Outstanding Balance
$257,465
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$4,191

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 10, 2024
Sold by
Cronin Mariann B
Bought by
Up To Date Construction Group Llc
Seller's Agent
Tristan Armstead
Armstead Realty Group LLC
Buyer's Agent
Kim Guidi
EXP Realty LLC Mooresville
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.15%
Original Mortgage
$150,737
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 1995
Bought by
Cronin Mariann B

Purchase Details

Closed on
Jun 1, 1956
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
Dowling Sean $275,000 None Listed On Document
Up To Date Construction Group Llc $185,000 None Listed On Document
Cronin Mariann B $49,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowling Sean $261,250
Previous Owner Up To Date Construction Group Llc $150,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $275,000 0.0% $238 / Sq Ft
08/15/2024 08/15/24 For Sale $274,999 +48.6% $238 / Sq Ft
06/26/2024 06/26/24 Sold $185,000 0.0% $193 / Sq Ft View Prior Sale
06/26/2024 06/26/24 Sold $185,000 -7.5% $222 / Sq Ft View Prior Sale
05/17/2024 05/17/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $199,900 0.0% $208 / Sq Ft
05/14/2024 05/14/24 For Sale $199,900 -- $240 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,510 $222,740 $20,000 $202,740
2024 $2,510 $107,400 $20,000 $87,400
2023 $1,241 $107,400 $20,000 $87,400
2022 $384 $61,130 $15,000 $46,130
2021 $379 $61,130 $15,000 $46,130
2020 $379 $61,130 $15,000 $46,130
2019 $371 $61,130 $15,000 $46,130
2018 $342 $56,570 $13,000 $43,570
2017 $342 $56,570 $13,000 $43,570
2016 $379 $56,570 $13,000 $43,570
2015 $363 $56,570 $13,000 $43,570
2014 $327 $57,990 $13,000 $44,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4166606

Canopy MLS (Canopy Realtor® Association)

APN: 4741-34-5301.000