NOT LISTED FOR SALE

988 Perth Rd Troutman, NC 28166

Estimated Value: $485,000 - $725,000

3 Beds
3 Baths
3,469 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $485,000 $140 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,598/month

2 Days on Market

Highlights

  • Private Lot
  • Fireplace
  • Walk-In Closet
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2021

This brick home located in the heart of Troutman is convenient to both Hwy 150 and scenic LKN State Park. As you enter, you’ll find a family room with fireplace, formal dining room, and kitchen with granite countertops and breakfast bar. From the family room, you can access a deck perfect for outdoor entertaining. Also on the main floor, there is a split bedroom design with the owners’ suite and laundry room on one side and two bedrooms with full bathroom on the other. The owners’ suite includes a bathroom w/shower, garden tub, and double vanity as well as a walk-in closet. In the walkout basement, you’ll discover two spacious finished rooms as well as a full bathroom. This home boasts not just an attached two-car garage, but a second garage with access from the back of the house. This 2nd garage is perfect for ALL your lawn care tools and much, much more. The backyard has a patio below the deck and so much space for all your favorite outdoor activities. Don’t miss out on this one!

Last Agent to Sell the Property

Oliver Cross

EXP Realty LLC Mooresville License #293235 Listed on: 07/23/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Patrick Bannon

Excel Real Estate Group License #280183

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 1.15

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Fireplace
  • Private Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4730-56-8152.000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.97000
  • Ratio Close Price By Original Li: 0.97000
  • Ratio Current Price By Acre: 421739.13
  • Ratio Current Price By Sq Ft: 139.81
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1421
  • Main Level Sq Ft: 2048
  • Total Sq Ft: 3469
  • Sq Ft Unheated Basement: 627
  • Sq Ft Unheated Total: 627

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Basement, Driveway, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Features: Private
  • Lot Size Area: 1.150
  • Parcel Number: 4730-56-8152.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 288260.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 1, 2021
Sold by
Hutchens Craig
Bought by
Bannon Patrick M and Bannon Sara Nicole
Seller's Agent
Oliver Cross
EXP Realty LLC Mooresville
Buyer's Agent
Patrick Bannon
Excel Real Estate Group
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Current Estimated Value
$630,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,363
Avg. Annual Appreciation
6.54%
Original Mortgage
$388,000
Outstanding Balance
$351,744
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$278,619

Purchase Details

Closed on
May 13, 2019
Sold by
Hutchens Craig Steven and Hutchens Misty L
Bought by
Hutchens Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Hutchins Ethel and Hutchins Leroy A
Bought by
Hutchens Craig Steven and Hutchens Misty L
Source: Public Records

Range of Values:

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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
Bannon Patrick M $485,000 None Available
Hutchens Craig -- None Available
Hutchens Craig Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannon Patrick M $388,000
Previous Owner Hutchens Craig $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $485,000 -3.0% $140 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $500,000 -- $144 / 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 $3,181 $520,130 $85,000 $435,130
2023 $3,181 $520,130 $85,000 $435,130
2022 $1,898 $288,260 $31,190 $257,070
2021 $1,865 $288,260 $31,190 $257,070
2020 $1,865 $288,260 $31,190 $257,070
2019 $1,793 $288,260 $31,190 $257,070
2018 $1,596 $258,410 $28,590 $229,820
2017 $1,596 $258,410 $28,590 $229,820
2016 $1,596 $258,410 $28,590 $229,820
2015 $1,596 $258,410 $28,590 $229,820
2014 $1,553 $272,950 $28,590 $244,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3759779

Canopy MLS (Canopy Realtor® Association)

APN: 4730-56-8152.000