$110,000
SOLD OCT 1, 2021

531 Walnut St Statesville, NC 28677

3 Beds
2 Baths
2,151 Sq Ft
0.26 Acres

Recently Sold

$51 Per Sq Ft

26% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Kitchen Island
  • Victorian Architecture
  • Fireplace

About This Home

As of October 2021

A RARE OPPORTUNITY TO BUY A HOME ON ONE OF THE MOST BEAUTIFUL STREETS IN STATESVILLE! A fixer upper situated on a corner lot on a tree-shaded street waiting to be restored to true Victorian beauty. BRAND NEW ROOF! A nearly 2200 SF one-story cottage with 10 foot ceilings located in the prestigious Mitchell College Historic District. Wainscot paneling, gorgeous oversized windows, spacious kitchen with island, large bedrooms and a wrap-around front porch. Conveniently located close to I-77 & I-40, Mac Anderson Park (walking trails & exercise equipment), Iredell Memorial Hospital, grocery stores, pharmacies and historic downtown Statesville including Mitchell Community College, dining, entertainment, farmers markets, the public library and shopping.

Last Agent to Sell the Property

Jennifer Griggs

Carolina Landmark Realty License #267955 Listed on: 08/25/2021

Last Buyer's Agent

Heidi Helms

Madison & Company Realty License #315783

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Corner Lot

Home Design

  • Victorian Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 4734-74-9558.000

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Victorian
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.73826
  • Ratio Close Price By Original Li: 0.73826
  • Ratio Current Price By Acre: 423076.92
  • Ratio Current Price By Sq Ft: 51.14
  • Year Built: 1901
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 395
  • Main Level Sq Ft: 2151
  • Total Sq Ft: 2151

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, On-Street Parking

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: N.B. Mills
  • Middle School: Statesville
  • High School: Statesville

Lot Info

  • Lot Dimension: 93x122x93x120
  • Lot Features: Corner Lot
  • Lot Size Area: 0.260
  • Parcel Number: 4734-74-9558.000
  • Zoning Specification: R10HD

Tax Info

  • Tax Value: 97540.00
  • Tax Location: Statesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
John Garabedian Trad Ira
Bought by
Investcar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2023
Sold by
Investcar Llc
Bought by
James Booth Management Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2023
Sold by
Ragan Dudley L
Bought by
New Vision Trust Custodian and John Garabedian Trad Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 18, 2021
Sold by
Hecht Etta
Bought by
Black Label 13 Corp
Seller's Agent
Jennifer Griggs
Carolina Landmark Realty
Buyer's Agent
Heidi Helms
Madison & Company Realty
List Price
$149,000
Sold Price
$110,000
Premium/Discount to List
-$39,000
-26.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.31%
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Coyle Chordlee Nathan and Coyle Beryl Jennifer
Bought by
Hecht Abraham and Hecht Etta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Snoddy Kyle L and Snoddy Maureen W
Bought by
Coyle Chordlee Nathan and Coyle Beryl Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,128
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1994

Purchase Details

Closed on
Sep 1, 1982

Purchase Details

Closed on
Jun 1, 1961
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Special Warranty Deed $185,000 None Listed On Document
Deed $11,000 --
Warranty Deed $110,000 None Available
Warranty Deed $158,000 None Available
Warranty Deed $153,500 --
Deed $73,200 --
Deed $47,000 --
Deed $8,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $167,000 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $126,400 New Conventional
Previous Owner $126,400 Purchase Money Mortgage
Previous Owner $151,128 FHA
Previous Owner $110,000 Unknown
Previous Owner $33,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $435,000 -8.4% $202 / Sq Ft
05/06/2025 05/06/25 For Sale $475,000 +331.8% $221 / Sq Ft
10/01/2021 10/01/21 Sold $110,000 -26.2% $51 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $149,000 -- $69 / 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 $1,157 $107,780 $25,000 $82,780
2023 $1,157 $107,780 $25,000 $82,780
2022 $1,179 $97,540 $18,500 $79,040
2021 $1,235 $97,540 $18,500 $79,040
2020 $1,235 $97,540 $18,500 $79,040
2019 $1,225 $97,540 $18,500 $79,040
2018 $1,095 $91,560 $18,500 $73,060
2017 $1,076 $91,560 $18,500 $73,060
2016 $1,076 $91,560 $18,500 $73,060
2015 $910 $91,560 $18,500 $73,060
2014 $942 $99,390 $18,500 $80,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3778250

Canopy MLS (Canopy Realtor® Association)

APN: 4734-74-9558.000