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242 Allendale Circle
242 Allendale Circle
$649,377 (our value guesstimate)
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Troutman, NC 28166 ▪  (MLS # 3154008)
Built: 1968
4 bed  ▪  1 full & 1 half bath  ▪  1,948 Sq Ft
Sold for $389,000 on Sep 30, 2019
242 Allendale Circle
$649,377 (our value guesstimate)
Troutman, NC 28166 ▪  (MLS # 3154008)
Built: 1968
4 bed  ▪  1 full & 1 half bath  ▪  1,948 Sq Ft
Sold for $389,000 on Sep 30, 2019
SOLD SEP 30, 2019
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$389,000  (sales price)
4 bed  ▪  1 full & 1 half bath  ▪  1,948 Sq Ft
242 Allendale Circle
Troutman, NC 28166 (MLS # 3154008)
.45 acres  ▪   Built: 1968
Subdivision: Allendale Point
Troutman, NC / 28166

Our Value Guesstimate (from Computer Algorithm): $649,377

Our computer algorithm has estimated that this home would be likely to sell in a range between $551,970 and $746,784.
Sale Details
Sales Price: $389,000
Closed: Sep 30, 2019 (1,668 days ago)
List Price: $400,000
Sold for: 97% of list price
Cumulative Days on Market: 137
Price/Sq Ft: $200
Remarks - 242 Allendale Circle
(from previous listing) Great weekend retreat. Outstanding main channel water views! Pier, dock with covered boat slip over deep water. Home has new roof, freshly painted interior, new carpet. 4 bedrooms and 1 bath on upper level. Greatroom with masonry fireplace. Oversized kitchen with eat-in bar, plenty of cabinet and countertop space--Great for entertaining! Nice size concrete patio with lake views. This unique property has two septic fields, one of which is gravity flow and the other is on a pump system. Water ...
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General Info - MLS # 3154008
Parking: Parking Space - 2
Year Built: 1968
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .45 acres
Area Schools
7/10
Troutman Elementary School
Distance: 5.4 mi
4/10
Troutman Middle School
Distance: 5.2 mi
8/10
South Iredell High School
Distance: 6.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Allendale Point
Listing History
09/30/2019: MLS Sold for $389,000 (Canopy MLS)
Cumulative Days on Market: 137
More details

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 56th most competitive area for buyers out of 67 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:

21
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 13 days on market.

20%
Of Recently Sold Homes
Over Asking Price
20% of previously owned 28166-area homes sold over the asking price (versus 28% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

29%
of Available Homes
Are Under Contract
29% of previously owned 28166-area homes are under contract – compared with 50% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28166 Area Metro Area
1-year -<1% + 2%
3-year +32% +27%
5-year +60% +66%
7-year +77% +91%
The price per square foot of 28166-area re-sale homes has increased by approximately 60% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $200 per square foot in 28166 over the past 90 days - as compared to $214 for the entire metro area.

21
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 13 days on market.

20%
Of Recently Sold Homes
Over Asking Price

20% of previously owned 28166-area homes sold over the asking price (versus 28% 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 -<1% + 2%
3-year +32% +27%
5-year +60% +66%
7-year +77% +91%

The price per square foot of 28166-area re-sale homes has increased by approximately 60% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $200 per square foot in 28166 over the past 90 days - as compared to $214 for the entire metro area.

29%
of Available Homes
Are Under Contract

29% of previously owned 28166-area homes are under contract – compared with 50% of all homes in the Charlotte metro area.



Our Value Guesstimate: $649,377

Our computer algorithm has estimated that this home would be likely to sell in a range between $551,970 and $746,784.


Sale Details
Sales Price: $389,000
Closed: Sep 30, 2019 (1,668 days ago)
List Price: $400,000
Sold for: 97% of list price
Cumulative Days on Market: 137
Price/Sq Ft: $200
Remarks
(from previous listing) Great weekend retreat. Outstanding main channel water views! Pier, dock with covered boat slip over deep water. Home has new roof, freshly painted interior, new carpet. 4 bedrooms and 1 bath on upper level. Greatroom with masonry fireplace. Oversized kitchen with eat-in bar, plenty of cabinet and ...
Continue reading

General Info - MLS 3154008
Parking: Parking Space - 2
Year Built: 1968
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .45 acres

Neighborhood Info
Subdivision: Allendale Point
Listing History
09/30/2019: MLS Sold for $389,000 (Canopy MLS)
Cumulative Days on Market: 137
More details

Area Schools
7/10
Troutman Elementary School
Distance: 5.4 mi
4/10
Troutman Middle School
Distance: 5.2 mi
8/10
South Iredell High School
Distance: 6.0 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 Allendale Point neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Morrison Point, Sunset Bay, and Hawkes Bay.



CDS Data Share Based on information submitted to the MLS GRID as of 04/24/2024. 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.