Check Availability

420 Troutman Farm Road

420 Troutman Farm Road, Statesville, NC 28677
Property in Iredell
Sold Dec 12, 2016
$325,000
$260,000 by Branch Banking And Trust Co
Mortgage Due Jan 01, 2047
Sold Aug 12, 2005
$300,000
$240,000 by Wachovia Mortgage Corp
Mortgage Due Sep 01, 2035
420 Troutman Farm Road has been categorized by the local assessors in Statesville, NC as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1976. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 420 Troutman Farm Road has 2,217 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,217 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 130,680 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,814 sqft. According to our sources, there are a total of 7 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 420 Troutman Farm Road sold most recently in Dec 9, 2016 for a total of $325,000. If you work out the math, that's approximately a cost of $146.59 per sqft. Before that, the property was also sold for $300,000 in Aug 12, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,492 in taxes each year. 420 Troutman Farm Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $405,380. If we break it down further, the land itself was valued at $99,350. Improvements to the property, however, were assessed at a total of $306,030. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1976
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 2,217
  • Garage Type: Garage
  • Garage Square Area: 1,814
  • Parking Space Count: 7
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 130,680
  • Lot Size Frontage Feet: 2,540
  • Total Building Area: 2,217
  • Gross Building Area: 6,502
  • Building Area: 2,217
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,217
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLSTOWN NORTHWEST
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SR 1334

Ownership

  • Current Owner : LITTLE JERROD LEE
  • Current Owner 2: LITTLE SARAH KATHRYN
  • Previous Owner : MECIMORE DOUGLAS
  • Previous Owner 2: MECIMORE TERRI
  • Owner Before Previous Owner: TRENT CORA MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR05
  • School Tax District Code 3: SW
  • Census Tract: 061205

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP:4721
  • Account Number: 80040538
  • District: 15
  • Parcel: 4721-59-0366.000
  • Block: 59
  • Municipality: FALLSTOWN
  • Latitude: 35.7111
  • Longitude: -80.9366

    Address

  • Full Address: 420 Troutman Farm Rd
  • Address - House Number: 420
  • Address - Street Name: Troutman Farm
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Statesville
  • Carrier Code: R026
  • 4-Digit Zip Code: 8617
  • Zip Code: 28677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,492
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 535,825
  • High Value: 636,055
  • Low Value: 435,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 12, 2016
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $405,380
  • Market Land Value: $99,350
  • Market Improvement Value: $306,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,380
  • Assessed Land Value: $99,350
  • Assessed Improvements Value: $306,030

    Sales

  • Current Sale Contract Date: Dec 09, 2016
  • Current Sale Recording Date: Dec 12, 2016
  • Current Sale Transaction ID: 1888624351
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 12, 2005
  • Previous Sale Contract Date: Aug 12, 2005
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Dec 12, 2016
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 12, 2005
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Iredell



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 420 Troutman Farm Road located in?
The 420 Troutman Farm Road is a located in the neighborhood of Iredell in Iredell, Statesville.
What is the average sales price for listings in 420 Troutman Farm Road?
The average sales price for units in 420 Troutman Farm Road is $0 currently.

Quantcast