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Terra Vista Realty
576 Morrison Farm Road
576 Morrison Farm Road
$632,018 (our value guesstimate)
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Troutman, NC 28166 ▪  (MLS # 3597046)
2-car garage  ▪   Built: 2007  ▪   Primary on Main
4 bed  ▪  2 full & 1 half bath  ▪  2,812 Sq Ft
Sold for $400,000 on Aug 26, 2020
576 Morrison Farm Road
$632,018 (our value guesstimate)
Troutman, NC 28166 ▪  (MLS # 3597046)
2-car garage  ▪   Built: 2007  ▪   Primary on Main
4 bed  ▪  2 full & 1 half bath  ▪  2,812 Sq Ft
Sold for $400,000 on Aug 26, 2020
SOLD AUG 26, 2020
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SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
1 of 34 
SOLD AUG 26, 2020
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SOLD AUG 26, 2020
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SOLD AUG 26, 2020
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$400,000  (sales price)
4 bed  ▪  2 full & 1 half bath  ▪  2,812 Sq Ft
576 Morrison Farm Road
Troutman, NC 28166 (MLS # 3597046)
1.13 acres  ▪   Built: 2007  ▪   Primary Bedroom on Main
Subdivision: Sunset Bay
Troutman, NC / 28166

Our Value Guesstimate (from Computer Algorithm): $632,018

Our computer algorithm has estimated that this home would be likely to sell in a range between $537,215 and $726,821.
Sale Details
Sales Price: $400,000
Closed: Aug 26, 2020 (1,311 days ago)
List Price: $404,500
Sold for: 99% of list price
Cumulative Days on Market: 133
Price/Sq Ft: $142
Remarks - 576 Morrison Farm Road
(from previous listing) SIGNIFICANT PRICE REDUCTION and move-in ready! Custom builder's personal home is located on over an acre of privacy with seasonal water views. Plus, minutes from all that Lake Norman State Park offers. Additional storage for your boat, trailer and vehicles is around the corner. This highly sought after, impeccably maintained all brick ranch, with open floor plan and split living quarters, is perfect for entertaining inside and out. Some of the many key features include a formal dining room with ...
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General Info - MLS # 3597046
Parking: Garage - 2 Car
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: 1.13 acres
Area Schools
7/10
Troutman Elementary School
Distance: 4.6 mi
4/10
Troutman Middle School
Distance: 4.4 mi
8/10
South Iredell High School
Distance: 5.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Sunset Bay
Listing History
08/26/2020: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 133
More details

County Tax Data
2023 County Tax Assessment: $684,210
Next Iredell County Tax Assessment: 2027

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

28166 ZIP Code Trends
28166 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28166 is the 64th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28166 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

36
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

36%
of Available Homes
Are Under Contract
36% of previously owned 28166-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28166 Area Metro Area
1-year + 3% + 2%
2-year + 2% + 2%
5-year +56% +66%
The price per square foot of 28166-area re-sale homes has increased by approximately 56% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

36
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price

22% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

Price Per Square Foot Change
Period 28166
Area
Metro
Area
1-year + 3% + 2%
2-year + 2% + 2%
5-year +56% +66%

The price per square foot of 28166-area re-sale homes has increased by approximately 56% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

36%
of Available Homes
Are Under Contract

36% of previously owned 28166-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $632,018

Our computer algorithm has estimated that this home would be likely to sell in a range between $537,215 and $726,821.


Sale Details
Sales Price: $400,000
Closed: Aug 26, 2020 (1,311 days ago)
List Price: $404,500
Sold for: 99% of list price
Cumulative Days on Market: 133
Price/Sq Ft: $142
Remarks
(from previous listing) SIGNIFICANT PRICE REDUCTION and move-in ready! Custom builder's personal home is located on over an acre of privacy with seasonal water views. Plus, minutes from all that Lake Norman State Park offers. Additional storage for your boat, trailer and vehicles is around the corner. This highly sought af ...
Continue reading

General Info - MLS 3597046
Parking: Garage - 2 Car
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: 1.13 acres

Neighborhood Info
Subdivision: Sunset Bay
Listing History
08/26/2020: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 133
More details

Area Schools
7/10
Troutman Elementary School
Distance: 4.6 mi
4/10
Troutman Middle School
Distance: 4.4 mi
8/10
South Iredell High School
Distance: 5.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Sunset Bay neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Falls Park, Hawkes Bay, and Allendale Point.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.