NOT LISTED FOR SALE

Lot 7 Cypress Acres Rd Unit 7 Statesville, NC 28625

Estimated Value: $341,000 - $404,000

0.48 Acre
$772,352 Price per Acre
20,909 Sq Ft Lot

Last Sold June 09, 2020

Last sale price $16,500

Est. 2,147% increase in value since last sale

Current estimated payment $2,092/month

555 Days on Market

About This Lot

As of June 2020

Wonderful North Iredell location...5 lots remaining to choose from in Cypress Acres. County water available.

Last Agent to Sell the Property

Lisa Abernethy

Lake Norman Realty, Inc. License #243029 Listed on: 11/21/2018

Lake Norman Realty, Inc.

Last Buyer's Agent

Devon Stamey

Lake Norman Realty, Inc. License #287655

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 4748-45-1536.000

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: 0.84615
  • Ratio Close Price By Original Li: 0.84615
  • Ratio Current Price By Acre: 34375.00
  • Restrictions: Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Utilities

  • Water: County Water

Lot Info

  • Parcel Number: 4748-45-1536.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 15000.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Borrilez Matthew M and Kabaklian Ara & Ankin
Bought by
Rollins Glenn and Rollins Juliet
Current Estimated Value
$370,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Outstanding Balance
$305,680
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$65,049

Purchase Details

Closed on
Apr 14, 2021
Sold by
Aerohead Inc
Bought by
Borrilez Matthew M and Borrilez Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,020
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jul 31, 2020
Sold by
Tharpe Michael E and Tharpe Rebecca R
Bought by
Aerohead Incorporated
Seller's Agent
Lisa Abernethy
Lake Norman Realty, Inc.
Buyer's Agent
Devon Stamey
Lake Norman Realty, Inc.
List Price
$19,500
Sold Price
$16,500
Premium/Discount to List
-$3,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.82%

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jun 8, 2020
Sold by
Hudgins Howard Dean
Bought by
Tharpe Michael E and Tharpe Rebecca R
Seller's Agent
Lisa Abernethy
Lake Norman Realty, Inc.
Buyer's Agent
Devon Stamey
Lake Norman Realty, Inc.
List Price
$19,500
Sold Price
$16,500
Premium/Discount to List
-$3,000
-15.38%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Hudgins Howard Dean
Bought by
Hudgins Howard Dean

Purchase Details

Closed on
Feb 19, 2009
Sold by
Hudgins Howard and Hudgins Johnsie
Bought by
Hudgins Howard Dean and Hudgins Johnsie Bradshaw
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
Rollins Glenn $354,000 None Listed On Document
Rollins Glenn $354,000 None Listed On Document
Borrilez Matthew M $254,000 None Available
Borrilez Matthew M -- None Listed On Document
Aerohead Incorporated $16,500 None Available
Tharpe Michael E $16,500 None Available
Hudgins Howard Dean -- None Available
Hudgins Howard Dean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollins Glenn $313,000
Closed Rollins Glenn $313,000
Previous Owner Borrilez Matthew M $223,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $16,500 -15.4% --
05/29/2020 05/29/20 Pending -- -- --
11/21/2018 11/21/18 For Sale $19,500 -- --
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 $1,602 $261,370 $18,900 $242,470
2023 $1,602 $261,370 $18,900 $242,470
2022 $1,123 $169,380 $15,000 $154,380
2021 $543 $77,630 $15,000 $62,630
2020 $94 $15,000 $15,000 $0
2019 $93 $15,000 $15,000 $0
2018 $149 $25,000 $25,000 $0
2017 $149 $25,000 $25,000 $0
2016 $149 $25,000 $25,000 $0
2015 $149 $25,000 $25,000 $0
2014 $139 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3454352

Canopy MLS (Canopy Realtor® Association)

APN: 4748-45-1536.000