NOT LISTED FOR SALE

527 Elam Ave Statesville, NC 28677

Estimated Value: $140,000 - $172,000

2 Beds
1 Bath
704 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $86,000 $122 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $947/month

12 Days on Market

About This Home

As of December 2018

This freshly renovated bungalow is absolutely stunning! Completely remodeled from the bottom to the top with a new roof, new windows, new electric service and new plumbing. The inside is tastefully done with high end finishes that blend the new with the old. The kitchen boasts stainless steel appliances, new cabinets, tile back splash and a custom butcher block counter top. Every square inch was thoughtfully planned out to maximize the space. There is even a separate laundry room!

Last Agent to Sell the Property

Mike Ignasiak

Movement One Realty LLC License #364278 Listed on: 11/01/2018

Last Buyer's Agent

Christine Giambattista

houzRE License #291522

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 9,148

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Insulated Windows
  • Laminate Flooring
  • Crawl Space

Utilities

  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4734-14-6785.000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95662
  • Ratio Close Price By Original Li: 0.95662
  • Ratio Current Price By Acre: 409523.81
  • Ratio Current Price By Sq Ft: 122.16
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Disposal, Electric Range, Microwave, Electric Oven
  • Flooring: Laminate Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 704
  • Total Sq Ft: 704

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Ductless/Mini-Split System
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 4734-14-6785.000
  • Zoning Specification: R5M

Tax Info

  • Tax Value: 7970.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 21, 2018
Sold by
Fox Millbank Properties Llc
Bought by
Waddell Dustin James
Seller's Agent
Mike Ignasiak
Movement One Realty LLC
Buyer's Agent
Christine Giambattista
houzRE
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%
Current Estimated Value
$157,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,953
Avg. Annual Appreciation
9.20%
Original Mortgage
$82,203
Outstanding Balance
$73,402
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$84,551

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 8, 2018
Sold by
Faulkner Anthony and Faulkner Shannon
Bought by
Fox Millbank Properties Llc
Seller's Agent
Shannon Faulkner
NC Properties 101
Buyer's Agent
Mike Ignasiak
Movement One Realty LLC
List Price
$30,000
Sold Price
$17,400
Premium/Discount to List
-$12,600
-42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
655.82%

Purchase Details

Closed on
Feb 2, 2017
Sold by
Runaway Property Management Llc
Bought by
Faulkner Anthony and Faulkner Shannon

Purchase Details

Closed on
Dec 11, 2014
Sold by
Sane Sandra Carol Safriet and Sane Larry H
Bought by
Jernigan Phillip C

Purchase Details

Closed on
May 1, 1994

Purchase Details

Closed on
Feb 1, 1983

Purchase Details

Closed on
Jun 1, 1982

Purchase Details

Closed on
Jun 1, 1974

Purchase Details

Closed on
Jun 1, 1972
Source: Public Records

Range of Values:

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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
Waddell Dustin James $86,000 None Available
Fox Millbank Properties Llc $17,000 None Available
Faulkner Anthony $9,000 None Available
Jernigan Phillip C $5,000 None Available
-- -- --
-- $11,500 --
-- $15,500 --
-- -- --
-- $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell Dustin James $82,203
Closed Waddell Dustin James $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $86,000 -4.3% $122 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $89,900 +416.7% $128 / Sq Ft
03/08/2018 03/08/18 Sold $17,400 -42.0% $25 / Sq Ft View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $30,000 -- $43 / 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 $1,376 $129,280 $15,000 $114,280
2023 $1,376 $129,280 $15,000 $114,280
2022 $935 $75,060 $6,500 $68,560
2021 $991 $75,060 $6,500 $68,560
2020 $991 $75,060 $6,500 $68,560
2019 $983 $75,060 $6,500 $68,560
2018 $252 $7,970 $5,000 $2,970
2017 $251 $7,970 $5,000 $2,970
2016 $251 $7,970 $5,000 $2,970
2015 $127 $7,970 $5,000 $2,970
2014 $173 $13,540 $5,000 $8,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3448962

Canopy MLS (Canopy Realtor® Association)

APN: 4734-14-6785.000