NOT LISTED FOR SALE

585 Tatum Rd Olin, NC 28660

Estimated Value: $293,000 - $357,000

23 Acres
$14,236 Price per Acre
1,001,880 Sq Ft Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $260,000

Est. 26% increase in value since last sale

Current estimated payment $1,857 / mo

96 Days on Market

About This Lot

As of December 2021

23 beautiful acres to make into your own private estate. Mostly wooded corner lot with several outbuildings and a 2 br/1 ba home sold As IS. Inside is a gut but has potential as roof is newer and siding is in good shape along with attached garage. Additional HUGE 39' x 50' wired metal building that is fully insulated, 24' x 29' wired Workshop with garage door and 12' x 16' storage shed. Remodel the home and live here while building a new one. Possibly use as a future rental property or guest house. Large building held classic cars and is well insulated with updated electric panel. Well and septic on site for the house. Excellent location just off I77 in N. Iredell. Quiet country living without being too far away from the City of Statesville. Tons of potential for this land. Could also be a small subdivision with over 1400' of frontage on Tatum and 600 on Rash Rd. Heavy pine tress on the left side of the land. Take a drive out today and check it out!

Last Agent to Sell the Property

Sonya Leonard

Keller Williams Unified License #232078 Listed on: 08/25/2021

Keller Williams Unified

Co-Listed By

Lisa Satterfield

Keller Williams Ballantyne Area License #223939

Last Buyer's Agent

Lori Marlow

Real Broker, LLC License #212364

Real Broker, LLC

Property Details

Property Type

  • Land

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Features

  • Wooded Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4850-66-9022.000

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.94545
  • Ratio Close Price By Original Li: 0.94545
  • Ratio Current Price By Acre: 11304.35
  • Restrictions: No Restrictions
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Shed(s), Workshop
  • Cleared Acres: 2.00

Utilities

  • Sewer: Septic Installed
  • Water: Well Installed

Schools

  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Wooded
  • Parcel Number: 4850-66-9022.000
  • Zoning Specification: RA
  • Wooded Acres: 21.00
  • Can Be Subdivided: Yes
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 234340.00
  • Tax Location: Iredell

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Dec 16, 2021
Sold by
Investors Trust Company
Bought by
Butler Mark S and Butler Susan H
Seller's Agent
Sonya Leonard
Keller Williams Unified
Buyer's Agent
Lori Marlow
Real Broker, LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$327,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,431
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
May 25, 2021
Sold by
Claver Robin Holland and Estate Of Ira William Carlisle
Bought by
Investors Trust Company and James M Carlisle Jr Family Trust

Purchase Details

Closed on
Jun 1, 1973
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Butler Mark S $260,000 None Available
Investors Trust Company -- None Available
-- $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $260,000 -5.5% --
11/29/2021 11/29/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $275,000 0.0% --
09/01/2021 09/01/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $275,000 -- --
Source: Canopy MLS

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 $1,598 $260,750 $161,610 $99,140
2024 $1,598 $260,750 $161,610 $99,140
2023 $1,598 $260,750 $161,610 $99,140
2022 $1,416 $216,110 $149,180 $66,930
2021 $1,526 $234,340 $168,360 $65,980
2020 $741 $109,120 $0 $0
2019 $730 $109,120 $0 $0
2018 $692 $107,180 $0 $0
2017 $692 $235,800 $168,360 $67,440
2016 $559 $213,410 $168,360 $45,050
2015 -- $213,410 $168,360 $45,050
2014 -- $216,350 $168,360 $47,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3778154

Canopy MLS

APN: 4850-66-9022.000

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