116 Lipe Road
$650,000
3
1
1,025
1,025
$634
Description
This is a great investment property right in Troutman. With this much level land, buildings, and 3 older homes on this property. You could purchase it as an investment property and rent the homes or great for a developer. The 3 homes are currently rented. There are 3 wells and septics on the property already. The value of this property is in the land only. The homes have not been kept updated or remodeled. Again value is in the location and the land. There is road frontage on Flower House Loop and...This is a great investment property right in Troutman. With this much level land, buildings, and 3 older homes on this property. You could purchase it as an investment property and rent the homes or great for a developer. The 3 homes are currently rented. There are 3 wells and septics on the property already. The value of this property is in the land only. The homes have not been kept updated or remodeled. Again value is in the location and the land. There is road frontage on Flower House Loop and on Lipe Rd. This is a great investment property. Only a minute or two from shopping, and restaurants, and close to Lowes and I-77. This property land use can be Medium Density Residential. For residential subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).
- Listed by Candy McCarty • Allen Tate Mooresville/Lake Norman • candy.mccarty@allentate.com
Property Details for 116 Lipe Road
Parking Features
Driveway
Subdivision NameNone
LISTING UPDATED: 08/23/2024 03:01 PM
Property Details for 116 Lipe Road
Status | Active |
---|---|
MLS # | 4051007 |
Days on Market | 486 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1924 |
Lot Size | 5.90 AC / 257,004 SF |
County | Iredell County |
Building Information for 116 Lipe Road
Stories-Year Built1924Building Size-Lot Size5.90 AC / 257,004 SF
Property Information for 116 Lipe Road
Property History for 116 Lipe Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Lipe Road
Taxable ValueLand$154,990Additions$65,780Total$220,770
Tax Record2023$1,565 ($130 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,025 SqFtAbove Grade Finished SqFt1,025 SqFtStories1Lot Size257,004 SqFtStyleSingle Family ResidenceYear Built1924Year Renovated1939ZoningRACountyIREDELLAPN4740-75-1250.000Fireplace TypeHas Fireplace
Schools near 116 Lipe Road
This home is within Iredell-Statesville School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Troutman Elementary School PublicPK to 5 | ||
Troutman Middle School Public6 to 8 | ||
South Iredell High School Public9 to 12 | ||
Career Academy And Technical School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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