N
Seller's Agent in 2021
Noel Hedley
Keller Williams Lake Norman
614 Armfield St Statesville, NC 28677
Estimated Value: $87,000 - $308,000
3
Beds
1
Bath
2,032
Sq Ft
$113/Sq Ft
Est. Value
About This Home
As of February 2021Investor special: 3 bed, 1 bath, 2158 sq ft home on an attractive corner lot. BRRRR scenario: $135,000 (ARV) - $40,000 (Rehab) x .70% = $66,500 purchase price. Refinance = $135,000 (appraised value) x .70% (Loan To Value) = $94,500 back into your pocket. Equity gained: $40,500 (30% equity left in property.) Rent and cash flow roughly $300 plus per month with $40,500 equity left in property! OR renovate and flip for a quick 50k plus profit!! Furthest home to the left has been remodeled and all other homes on this street are in process of being remodeled, this street is on the up & up!*All information deemed to be accurate and up to the buyer to determine/verify.* Sold "as-is, where is."
Last Agent to Sell the Property
Noel Hedley
Keller Williams Lake Norman License #322121 Listed on: 01/19/2021
Co-Listed By
Madison Shadley
Keller Williams Lake Norman License #320485
Home Details
Home Type
- Single Family
Year Built
- Built in 1933
Lot Details
- 7,841
Home Design
- Vinyl Siding
Interior Spaces
- 1 Full Bathroom
- 1-Story Property
Listing and Financial Details
- Assessor Parcel Number 4734-82-2996.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2021
Closed on
Feb 16, 2021
Sold by
Hedley Austin and Hedley Noel
Bought by
Alvarado Alex Arnaldo Contreras and Lara Bessy Yesenia
Seller's Agent
Noel Hedley
Keller Williams Lake Norman
Buyer's Agent
Glen Stanley
Total Real Estate LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,172
Avg. Annual Appreciation
44.43%
Purchase Details
Listed on
Jan 19, 2021
Closed on
Jan 4, 2021
Sold by
Coley Thomas A and Coley Sheryl B
Bought by
Hedley Austin and Shadley Logan
Seller's Agent
Noel Hedley
Keller Williams Lake Norman
Buyer's Agent
Glen Stanley
Total Real Estate LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Purchase Details
Closed on
Jan 4, 2020
Sold by
Coley Thomas A and Coley Sheryl B
Bought by
Hadley Austin and Shadley Logan
Purchase Details
Closed on
Mar 1, 1995
Purchase Details
Closed on
Jun 1, 1994
Purchase Details
Closed on
Jul 1, 1990
Purchase Details
Closed on
Oct 1, 1989
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarado Alex Arnaldo Contreras | $40,000 | None Available | |
| Hedley Austin | -- | None Listed On Document | |
| Hadley Austin | $95,000 | None Available | |
| -- | -- | -- | |
| -- | $13,800 | -- | |
| -- | -- | -- | |
| -- | $25,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2021 02/17/21 | Sold | $40,000 | -11.1% | $20 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $45,000 | 0.0% | $22 / Sq Ft |
| 01/21/2021 01/21/21 | Pending | -- | -- | -- |
| 01/13/2021 01/13/21 | For Sale | $45,000 | -- | $22 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2024 | $1,685 | $159,710 | $20,000 | $139,710 |
| 2023 | $1,685 | $159,710 | $20,000 | $139,710 |
| 2022 | $500 | $34,990 | $7,200 | $27,790 |
| 2021 | $556 | $34,990 | $7,200 | $27,790 |
| 2020 | $520 | $31,710 | $7,200 | $24,510 |
| 2019 | $517 | $31,710 | $7,200 | $24,510 |
| 2018 | $470 | $29,500 | $7,200 | $22,300 |
| 2017 | $463 | $29,500 | $7,200 | $22,300 |
| 2016 | $583 | $29,500 | $7,200 | $22,300 |
| 2015 | $329 | $29,500 | $7,200 | $22,300 |
| 2014 | $317 | $29,590 | $7,200 | $22,390 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller Co-Listing Agent in 2021
Madison Shadley
Keller Williams Lake Norman
-
Glen Stanley
Buyer's Agent in 2021
Glen Stanley
Total Real Estate LLC
(336) 909-2400
9 in this area
227 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3698451
APN: 4734-82-2996.000
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