562 New Salem Rd Statesville, NC 28625
Estimated Value: $353,166 - $396,000
3
Beds
3
Baths
2,194
Sq Ft
$167/Sq Ft
Est. Value
About This Home
This home is located at 562 New Salem Rd, Statesville, NC 28625 and is currently estimated at $366,792, approximately $167 per square foot. 562 New Salem Rd is a home located in Iredell County with nearby schools including Cool Spring Elementary School, East Iredell Middle School, and North Iredell High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2021
Sold by
Pharr Nicholas Lee
Bought by
Pharr Nicholas L and Pharr Katheryn M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,300
Outstanding Balance
$127,230
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$239,562
Purchase Details
Closed on
Jul 25, 2008
Sold by
Pharr Sallie F
Bought by
Pharr Nicholas Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 17, 2006
Sold by
Fleckenstein William C and Fleckenstein Barbara B
Bought by
Pharr Nicholas L and Pharr Sallie F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 1, 1989
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pharr Nicholas L | -- | None Available | |
| Pharr Nicholas L | -- | None Listed On Document | |
| Pharr Nicholas Lee | -- | None Available | |
| Pharr Nicholas L | $135,000 | None Available | |
| -- | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pharr Nicholas L | $157,300 | |
| Closed | Pharr Nicholas L | $157,300 | |
| Previous Owner | Pharr Nicholas Lee | $135,500 | |
| Previous Owner | Pharr Nicholas L | $136,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,257 | $202,890 | $31,230 | $171,660 |
| 2024 | $1,257 | $202,890 | $31,230 | $171,660 |
| 2023 | $1,257 | $202,890 | $31,230 | $171,660 |
| 2022 | $1,059 | $159,230 | $25,380 | $133,850 |
| 2021 | $1,055 | $159,230 | $25,380 | $133,850 |
| 2020 | $1,055 | $159,230 | $25,380 | $133,850 |
| 2019 | $1,039 | $159,230 | $25,380 | $133,850 |
| 2018 | $807 | $126,400 | $25,380 | $101,020 |
| 2017 | $807 | $126,400 | $25,380 | $101,020 |
| 2016 | $807 | $126,400 | $25,380 | $101,020 |
| 2015 | $807 | $126,400 | $25,380 | $101,020 |
| 2014 | $825 | $139,320 | $31,230 | $108,090 |
Source: Public Records
Map
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