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Terra Vista Realty
514 West Avenue
514 West Avenue
$254,000 (sales price - Apr, 2024)
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Troutman, NC 28166 ▪  (MLS # 4110305)
Primary on Main  ▪   $214/Sq Ft
3 bed  ▪  2 full bath  ▪  1,189 Sq Ft
Built: 2003
514 West Avenue
$254,000 (sales price - Apr, 2024)
Troutman, NC 28166 ▪  (MLS # 4110305)
Primary on Main
3 bed  ▪  2 full bath  ▪  1,189 Sq Ft
Built: 2003
SOLD APR 17, 2024
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SOLD APR 17, 2024
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SOLD APR 17, 2024
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$254,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,189 Sq Ft
514 West Avenue
Troutman, NC 28166 (MLS # 4110305)
.31 acres  ▪   Built: 2003  ▪   Primary Bedroom on Main
Subdivision: Inglewood
Troutman, NC / 28166
Sale Details
Sales Price: $254,000
Closed: Apr 17, 2024 (6 days ago)
List Price: $272,000
Sold for: 93% of list price
Cumulative Days on Market: 32
Price/Sq Ft: $214
Remarks - 514 West Avenue
(from previous listing) Charming ranch home located on corner lot in Inglewood community. Established community with No HOA and close to downtown Troutman, this 3 bedroom, 2 bath home offers a cozy rocking chair front porch. Store your outdoor equipment in the backyard shed. New roof installed in 2021, enjoy 2 yr old appliances! Location, location!
General Info - MLS # 4110305
Parking: Driveway
Year Built: 2003
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .31 acres
Area Schools
7/10
Troutman Elementary School
Distance: 0.9 mi
4/10
Troutman Middle School
Distance: 0.9 mi
8/10
South Iredell High School
Distance: 1.3 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Inglewood
Listing History
04/17/2024: MLS Sold for $254,000 (Canopy MLS)
Cumulative Days on Market: 32
More details

County Tax Data
2023 County Tax Assessment: $247,910
Next Iredell County Tax Assessment: 2027

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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 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:

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.

27%
of Available Homes
Are Under Contract
27% 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 +82% +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 +82% +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.

27%
of Available Homes
Are Under Contract

27% of previously owned 28166-area homes are under contract – compared with 50% of all homes in the Charlotte metro area.



Sale Details
Sales Price: $254,000
Closed: Apr 17, 2024 (6 days ago)
List Price: $272,000
Sold for: 93% of list price
Cumulative Days on Market: 32
Price/Sq Ft: $214
Remarks
(from previous listing) Charming ranch home located on corner lot in Inglewood community. Established community with No HOA and close to downtown Troutman, this 3 bedroom, 2 bath home offers a cozy rocking chair front porch. Store your outdoor equipment in the backyard shed. New roof installed in 2021, enjoy 2 yr old appli ...
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General Info - MLS 4110305
Parking: Driveway
Year Built: 2003
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .31 acres

Neighborhood Info
Subdivision: Inglewood
Listing History
04/17/2024: MLS Sold for $254,000 (Canopy MLS)
Cumulative Days on Market: 32
More details

Area Schools
7/10
Troutman Elementary School
Distance: 0.9 mi
4/10
Troutman Middle School
Distance: 0.9 mi
8/10
South Iredell High School
Distance: 1.3 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 an 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 an 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.



CDS Data Share Based on information submitted to the MLS GRID as of 04/23/2024. 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.