NOT LISTED FOR SALE

9.98 ac Mocksville Hwy Statesville, NC 28625

Estimated Value: $596,000 - $670,000

9.98 Acres
$63,414 Price per Acre
434,729 Sq Ft Lot

Last Sold April 18, 2019

Last sale price $71,000

Est. 791% increase in value since last sale

Current estimated payment $3,604/month

43 Days on Market

Highlights

  • Creek On Lot
  • Cool Spring Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2019

Nice acreage in Cool Springs district! Frontage on nicely flowing Fifth Creek that feeds directly into the South Yadkin River close by! Fun times to be had tubing and kayaking! Large timber throughout. Property lays well and sits slightly elevated above the road. Would make a beautiful setting for a home or mini subdivision! R-20 zoning for flexibility in use! Easy access to I-40 making a nice commute to Charlotte or Winston Salem/Triad area! Located close to Cool Springs School & just 12 minutes to downtown Statesville! Excellent location!

Last Agent to Sell the Property

Amanda Coleman

Tarheel Realty II License #219885 Listed on: 02/09/2019

Last Buyer's Agent

Philip Ostwalt

Your Realty PRO Brokerage Services LLC License #286268

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Wooded Lot
  • Creek On Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4797-02-9800.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.89308
  • Ratio Close Price By Original Li: 0.89308
  • Ratio Current Price By Acre: 7114.23
  • Restrictions: No Restrictions
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Connection Fee Required, County Water

Lot Info

  • Lot Dimension: 350x1087x203x33x80x380x722x94x198
  • Lot Features: Creekfront, Wooded
  • Parcel Number: 4797-02-9800.000
  • Zoning Specification: R20
  • Wooded Acres: 9.98

Tax Info

  • Tax Value: 75450.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Shannon Robert E and Shannon M
Bought by
Farou Adnan M and Farou Kimberly K
Current Estimated Value
$632,876

Purchase Details

Closed on
Dec 18, 2023
Sold by
Shannon Robert E and Shannon M
Bought by
Farou Adnan M and Farou Kimberly K

Purchase Details

Listed on
Feb 9, 2019
Closed on
Apr 18, 2019
Sold by
Dillon Jacqueline M Daniels and Dillon Michael
Bought by
Shannon Shannon M M and Shannon Robert E
Seller's Agent
Amanda Coleman
Tarheel Realty II
Buyer's Agent
Philip Ostwalt
Your Realty PRO Brokerage Services LLC
List Price
$79,500
Sold Price
$71,000
Premium/Discount to List
-$8,500
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.30%
Original Mortgage
$40,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 1988

Purchase Details

Closed on
Jun 1, 1955
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
Farou Adnan M -- None Listed On Document
Farou Adnan M $592,500 None Listed On Document
Shannon Shannon M M $71,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shannon Shannon M M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $71,000 -10.7% --
03/24/2019 03/24/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $79,500 0.0% --
02/13/2019 02/13/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $79,500 -- --
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 $3,131 $520,440 $83,830 $436,610
2023 $3,131 $520,440 $83,830 $436,610
2022 $1,155 $174,440 $75,450 $98,990
2021 $473 $75,450 $75,450 $0
2020 $473 $75,450 $75,450 $0
2019 $466 $75,450 $75,450 $0
2018 $451 $75,450 $75,450 $0
2017 $451 $75,450 $75,450 $0
2016 $451 $75,450 $75,450 $0
2015 $451 $75,450 $75,450 $0
2014 $419 $75,450 $75,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3473274

Canopy MLS (Canopy Realtor® Association)

APN: 4797-02-9800.000