NOT LISTED FOR SALE

705 Addie Dr Iron Station, NC 28080

Estimated Value: $463,000 - $523,000

4 Beds
3 Baths
2,454 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $289,000 $118 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,892/month

117 Days on Market

Highlights

  • Sauna
  • Traditional Architecture
  • Open Lot
  • St. James Elementary School Rated A-
  • Storm Doors
  • Wood Burning Fireplace

About This Home

As of August 2018

RUN DON'T WALK to view this beautiful home. It sits on 1.21 acres at the end of a cul-de-sac in Iron Station. If you enjoy being outside this home is for you. There is plenty of yard for you to plant trees and flowers. Enjoy spring evenings sitting on the deck looking at the pond. When it gets warmer spend the evening fishing for catfish. If you need space for the in-laws this house has it. The finished basement has a bedroom, bathroom, living room and a private entrance. Don't worry about losing power due to bad weather. This home comes equipped with a generator.

Last Agent to Sell the Property

Michael White

Keller Williams Advantage License #156745 Listed on: 04/03/2018

Keller Williams Advantage

Last Buyer's Agent

Jennifer Renegar

Lake Norman Realty, Inc. License #175998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 2002

Lot Details

  • 1.21

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Sauna
  • Storm Doors

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Open Lot
  • Well

Community Details

  • Sigmon Farms HOA, Phone Number (704) 736-1715

Listing and Financial Details

  • Assessor Parcel Number 75701

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,849

Year Built

Built in 2002

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97999
  • Ratio Close Price By Original Li: 0.86038
  • Ratio Current Price By Acre: 238842.98
  • Ratio Current Price By Sq Ft: 117.77
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Garage Door, Basement Inside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s), Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Security System, Generator, Electric Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Living Room, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-736-1715
  • Interior Amenities: Sauna
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 725
  • Main Level Sq Ft: 1729
  • Total Sq Ft: 2454
  • Sq Ft Unheated Basement: 905
  • Sq Ft Unheated Total: 905

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry, Parking Space - 1

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 280.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Sigmon Farms HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Open Lot, Lake
  • Parcel Number: 75701
  • Plat Reference Section Pages: 210
  • Zoning Specification: R-T

Tax Info

  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Aug 17, 2018
Sold by
Schwake David A and Schwake Orapin A
Bought by
Smith Gregory Lynn and Smith Mary Beth
Seller's Agent
Michael White
Keller Williams Advantage
Buyer's Agent
Jennifer Renegar
Lake Norman Realty, Inc.
List Price
$335,900
Sold Price
$289,000
Premium/Discount to List
-$46,900
-13.96%
Current Estimated Value
$498,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,494
Avg. Annual Appreciation
7.79%
Original Mortgage
$274,550
Outstanding Balance
$238,436
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$260,058

Purchase Details

Closed on
Mar 20, 2000
Bought by
Schwake David A and Schwake Orapin A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith Gregory Lynn $289,000 None Available
Schwake David A $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gregory Lynn $274,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $289,000 -2.0% $118 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $294,900 -1.7% $120 / Sq Ft
07/13/2018 07/13/18 Price Changed $299,900 -3.2% $122 / Sq Ft
06/29/2018 06/29/18 Price Changed $309,900 -6.1% $126 / Sq Ft
05/21/2018 05/21/18 Price Changed $329,900 -1.8% $134 / Sq Ft
04/03/2018 04/03/18 For Sale $335,900 -- $137 / 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
2025 $2,849 $437,566 $56,846 $380,720
2024 $2,829 $437,566 $56,846 $380,720
2023 $2,728 $431,584 $56,846 $374,738
2022 $2,115 $271,918 $41,890 $230,028
2021 $2,115 $271,918 $41,890 $230,028
2020 $1,946 $271,918 $41,890 $230,028
2019 $1,946 $271,918 $41,890 $230,028
2018 $1,755 $227,338 $40,382 $186,956
2017 $1,654 $227,338 $40,382 $186,956
2016 $1,654 $227,338 $40,382 $186,956
2015 $1,707 $227,338 $40,382 $186,956
2014 $1,766 $237,724 $40,382 $197,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3375751

Canopy MLS (Canopy Realtor® Association)

APN: 75701