$80,000
SOLD OCT 3, 2024

638 Old Salisbury Rd Statesville, NC 28677

2 Beds
1 Bath
1,672 Sq Ft
0.3 Acres

Recently Sold

$48 Per Sq Ft

33% Below List Price

25 Days on Market

About This Home

As of October 2024

An amazing investment home just seconds from I-77! A great fixer upper conveniently located just minutes from downtown as well as both I-40 and I-77. On .3 acres on land and can be purchased with the half an acre lot (4744337585.000) to the right of the home.

Last Agent to Sell the Property

Raven White

Stewart-Graham Realty Inc. Brokerage Email: raven@stewartgrahamrealty.com License #354699 Listed on: 08/22/2024

Last Buyer's Agent

Gregory Ray

United Investexusa 19 LLC License #314669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1920

Lot Details

  • Property is zoned R5MF

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Statesville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4744-33-8487.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 47.85
  • Geocode Confidence: High
  • Attribution Contact: raven@stewartgrahamrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1672
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1672
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1672
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: None
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street, Parking Space(s)

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: N/A
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 4744-33-8487.000
  • Zoning: R5MF
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 2, 2024
Sold by
Investcar Llc
Bought by
Mimosa Investment Properties Llc
Seller's Agent
Raven White
Stewart-Graham Realty Inc.
Buyer's Agent
Gregory Ray
United Investexusa 19 LLC
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.35%
Original Mortgage
$165,375
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 1, 2024
Sold by
Summers Mildred
Bought by
Investcar Llc
Seller's Agent
Raven White
Stewart-Graham Realty Inc.
Buyer's Agent
Gregory Ray
United Investexusa 19 LLC
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,375
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2002
Sold by
Frickhoeffer William H and Frickhoeffer Joan P
Bought by
Summers Mildred S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,261
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Statesville, NC

  • 1014 8th St, Statesville, NC 28677

    $85,000

    • 2 Beds
    • 1 Bath
    • 1,379 Sq Ft
    • 1014 8th St
    • Statesville, NC

    Investor Special in Statesville: This 2-bedroom, 1-bath home is priced to move with exceptional value-add potential. The property offers strong rental income opportunity after renovation or can be flipped for quick equity. Located on a spacious lot with flexible zoning near downtown Statesville, investors have multiple exit strategies. With below-market pricing and proven demand in the area, this

    Joshua Pickens Housewell.Com Realty of North Carolina LLC

    Section Image
  • 245 Garfield St, Statesville, NC 28677

    $100,000

    • 2 Beds
    • 1 Bath
    • 984 Sq Ft
    • 245 Garfield St
    • Statesville, NC

    ATTENTION INVESTORS- Two bedroom one bathroom home located near downtown Statesville. Large bedrooms, covered front porch, and pull through driveway to back of house. Home has been rented in recent years. Several areas of damage to floors in front bedroom and back bathroom.

    Lucas Jones Carolina Landmark Realty

    Section Image
  • 238 Deaton St, Statesville, NC 28677

    $75,000

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft
    • 238 Deaton St
    • Statesville, NC

    ADJUSTED PRICE!! Calling all investors and house flippers! This total renovation project delivers everything you need for a profitable flip or rental - strong bones, great layout, and most importantly, an unbeatable location just minutes from I-40 with easy access to major amenities. Situated near popular attractions like the Iredell Museum, Mac Anderson Park's trails, and local dining, this

    Team Mino Mino Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $97,500 None Listed On Document
Warranty Deed $80,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $165,375 Construction
Previous Owner $15,261 Unknown
Previous Owner $39,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $269,900 +237.4% $230 / Sq Ft
10/03/2024 10/03/24 Sold $80,000 -33.3% $48 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $120,000 -- $72 / 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 $953 $82,640 $15,000 $67,640
2023 $901 $82,640 $15,000 $67,640
2022 $587 $43,030 $6,000 $37,030
2021 $643 $43,030 $6,000 $37,030
2020 $643 $43,030 $6,000 $37,030
2019 $639 $43,030 $6,000 $37,030
2018 $629 $45,350 $7,000 $38,350
2017 $620 $45,350 $7,000 $38,350
2016 $620 $45,350 $7,000 $38,350
2015 $477 $45,350 $7,000 $38,350
2014 $458 $45,350 $7,000 $38,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4176197

Canopy MLS (Canopy Realtor® Association)

APN: 4744-33-8487.000