NOT LISTED FOR SALE

Lot 1 Island Ford Rd Unit 1 Statesville, NC 28625

Estimated Value: $292,000 - $362,000

1.01 Acres
$318,207 Price per Acre
43,821 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $35,000

Est. 815% increase in value since last sale

Current estimated payment $1,818/month

156 Days on Market

About This Lot

As of July 2022

Spectacular 1 acre lot located in desirable location on Island Ford Road. Large, country setting lots in Statesville provide plenty of privacy yet convenience to I40. Raw land with no approvals. No time frame to build. Award Winning Iredell County Schools. Bring your builders and build yourself the dream home you deserve!

Last Agent to Sell the Property

Bob Petit

Keller Williams Unified License #274285 Listed on: 02/15/2022

Keller Williams Unified

Last Buyer's Agent

Zach Fallon

F3 Realty and Construction, Inc. License #286022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,707

Lot Details

  • Lot Dimensions are 181'x266'x137'x372'
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Possible uses of the property include Residential
  • Zoning described as RUR

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

  • Sharon Elementary School
  • West Iredell Middle School
  • West Iredell High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 3794-31-9735.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,707

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 35000.00
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Block, Brick/Mortar, Slab, Crawl Space, Slab
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Wooded Acres: 0.00

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot, Level
  • Lot Size Units: Acres
  • Parcel Number: 3794-31-9735.000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Cleared Acres: 1.00
  • Lot Size: 181'X266'X137'X372'
  • Zoning Description: RUR

Tax Info

  • RATIO List Price By Tax Amount: 3.32500

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Sharon
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jul 11, 2022
Sold by
Iredell Properties Inc
Bought by
Fallon John and Fallon Donna
Seller's Agent
Bob Petit
Keller Williams Unified
Buyer's Agent
Zach Fallon
F3 Realty and Construction, Inc.
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Current Estimated Value
$320,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,116
Avg. Annual Appreciation
96.77%
Source: Public Records

Range of Values:

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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
Fallon John $35,000 Kutteh Constantine H
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $35,000 -12.3% --
04/19/2022 04/19/22 Price Changed $39,900 -5.0% --
03/30/2022 03/30/22 Price Changed $42,000 -15.8% --
02/15/2022 02/15/22 For Sale $49,900 -- --
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 $1,707 $263,170 $35,000 $228,170
2023 $807 $200,390 $35,000 $165,390
2022 $75 $12,000 $12,000 $0
2021 $75 $12,000 $12,000 $0
2020 $75 $12,000 $12,000 $0
2019 $74 $12,000 $12,000 $0
2018 $90 $15,000 $15,000 $0
2017 $90 $15,000 $15,000 $0
2016 $90 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829990

Canopy MLS (Canopy Realtor® Association)

APN: 3794-31-9735.000