NOT LISTED FOR SALE

687 Mocksville Hwy Statesville, NC 28625

Estimated Value: $318,572

3.9 Acres
$81,685 Price per Acre
169,884 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $240,000

Est. 33% increase in value since last sale

Current estimated payment $1,840/month

553 Days on Market

Highlights

  • Wooded Lot
  • Cool Spring Elementary School Rated A-
  • Open Lot

About This Lot

As of June 2021

So much potential! 3.9 acres with 333 feet of street frontage on US 64 Mocksville Highway, Statesville, offering the potential for excellent ingress, egress and ample parking depending on your needs. Easy access to Interstate I-40 and Statesville Town Center via East Broad Street or Davie Ave. Zoned General Business (GB) in Iredell County. By Right Permitted Uses include Retail, Office, Medical, Entertainment, Automotive and many others. 3 acres of gently sloping topography with approx. 1 acre of existing wood land in rear of property. Cool Springs Volunteer Fire Department located across the street with Dollar General, Beaver’s Country store and Food Lion Grocery store close by. This property was used as a house plant and landscaping nursery and has several large green houses and other structures of varying condition. The property comes with natural gas and city water. This is the same property as listed under MLS#3545609.

Last Agent to Sell the Property

Sandra Mims

EXP Realty LLC Mooresville License #309083 Listed on: 09/07/2019

EXP Realty LLC Mooresville

Last Buyer's Agent

Susan Cartner

Centralina Realty INC. License #211288

Property Details

Property Type

  • Land

Lot Details

  • Open Lot
  • Wooded Lot
  • Many Trees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4765-53-8810.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80268
  • Ratio Close Price By Original Li: 0.60759
  • Ratio Current Price By Acre: 61459.67
  • Restrictions: No Representation
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Lot Info

  • Lot Features: Open Lot, Trees, Wooded
  • Parcel Number: 4765-53-8810.000
  • Zoning Specification: GB
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 315450.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2019
Closed on
May 26, 2021
Sold by
Wright Michael D and Wright Sarah
Bought by
All American Concrete Llc
Seller's Agent
Sandra Mims
EXP Realty LLC Mooresville
Buyer's Agent
Susan Cartner
Centralina Realty INC.
List Price
$395,000
Sold Price
$240,000
Premium/Discount to List
-$155,000
-39.24%
Current Estimated Value
$318,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,572
Avg. Annual Appreciation
6.50%
Original Mortgage
$188,000
Outstanding Balance
$170,211
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$148,361

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mtw Holdings Llc
Bought by
Wright Michael D and Wright Michael Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,341
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Wright Michael Todd and Wright Tina S
Bought by
Mtw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,216
Interest Rate
5.35%
Mortgage Type
Commercial
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
All American Concrete Llc $240,000 None Available
Wright Michael D -- None Available
Mtw Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open All American Concrete Llc $188,000
Previous Owner Wright Michael D $84,341
Previous Owner Mtw Holdings Llc $97,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $240,000 -19.7% --
03/13/2021 03/13/21 Pending -- -- --
08/16/2020 08/16/20 Price Changed $299,000 -8.0% --
02/16/2020 02/16/20 Price Changed $325,000 -17.7% --
09/07/2019 09/07/19 For Sale $395,000 -- --
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 $1,942 $309,530 $293,660 $15,870
2023 $1,826 $309,530 $293,660 $15,870
2022 $1,951 $310,920 $293,660 $17,260
2021 $1,951 $310,920 $293,660 $17,260
2020 $1,951 $310,920 $293,660 $17,260
2019 $1,920 $310,920 $293,660 $17,260
2018 $1,885 $315,450 $293,660 $21,790
2017 $1,885 $315,450 $293,660 $21,790
2016 $1,885 $315,450 $293,660 $21,790
2015 $1,885 $315,450 $293,660 $21,790
2014 $1,778 $320,380 $294,030 $26,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3545662

Canopy MLS (Canopy Realtor® Association)

APN: 4765-53-8810.000