An open-plan layout flows seamlessly among the spacious family room, modern kitchen and sun-drenched breakfast room, which provides direct access to a covered patio. Flex space adds versatility. The owner’s suite and the secondary bedroom are situated at opposite corners of the home for added privacy. Options include adding another bedroom and turning the covered patio into a screened porch.
Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
Closed
$320,000
111 Olive Tea Ln, Statesville, NC 28625
3beds
1,620sqft
Single Family Residence
Built in 2024
0.14 Acres Lot
$323,900 Zestimate®
$198/sqft
$2,043 Estimated rent
Home value
$323,900
$308,000 - $340,000
$2,043/mo
Zestimate® history
Owner options
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List your homeWhat's special
Flex spaceSpacious family roomCovered patioModern kitchenOpen-plan layoutSun-drenched breakfast roomSecondary bedroom
Zillow last checked:
Listing updated:
Listed by:
Cheryl Pierce cheryl.pierce@lennar.com,
Lennar Sales Corp
Bought with:
Hongtao Han
Han Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4193688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Breakfast
- Level: Main
Breakfast
- Level: Main
Family room
- Level: Main
Family room
- Level: Main
Flex space
- Level: Main
Flex space
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Main
Heating
- Forced Air, Natural Gas, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
- Laundry: Main Level
Features
- Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
- Finished area above ground: 1,620
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Bath Raised Toilet
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
Lot
- Size: 0.14 Acres
Details
- Parcel number: 4755817360
- Zoning: CUR5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Stone
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2024
Details
- Builder model: Bedford Basement
- Builder name: Lennar
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Features: Game Court, Picnic Area, Sidewalks, Street Lights, Walking Trails
- Security: Carbon Monoxide Detector(s)
- Subdivision: Bell Farm
HOA
- Has HOA: Yes
- HOA fee: $164 quarterly
Location
- Region: Statesville
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $320,630
- Annual tax amount: $3,323
- Date on market: 10/22/2024
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2025 | Price change | $1,800-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2025 | Price change | $1,900+5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/2/2025 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2024 | Sold | $320,000-11.1%$198/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4193688 Report a problem | ||
| 10/29/2024 | Pending sale | $359,999+4.7%$222/sqft |
Source: Canopy MLS as distributed by MLS GRID #4193688 Report a problem | ||
| 10/22/2024 | Price change | $343,999-4.4%$212/sqft |
Source:  Lennar Homes Report a problem | ||
| 10/10/2024 | Price change | $359,999-2.7%$222/sqft |
Source: Lennar Homes Report a problem | ||
| 9/18/2024 | Price change | $369,999-0.8%$228/sqft |
Source: Lennar Homes Report a problem | ||
| 9/11/2024 | Price change | $372,999-13%$230/sqft |
Source: Lennar Homes Report a problem | ||
| 9/5/2024 | Price change | $428,679-0.8%$265/sqft |
Source: Lennar Homes Report a problem | ||
| 8/27/2024 | Price change | $431,919+0.9%$267/sqft |
Source: Lennar Homes Report a problem | ||
| 8/20/2024 | Listed for sale | $427,919$264/sqft |
Source: Lennar Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,323 +493.7% | $320,630 +483% |
| 2024 | $560 | $55,000 |
| 2023 | $560 | $55,000 |
Find assessor info on the county website
Neighborhood: 28625
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Nearby schools
GreatSchools rating
- 2/10East Iredell Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10East Middle SchoolGrades: 6-8Distance: 3.2 mi
- 2/10Statesville High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: East Iredell
- Middle: East Iredell
- High: Statesville
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$323,900
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Estimated market value
$323,900
- North Carolina
- Iredell County
- Statesville
- 28625
- 111 Olive Tea Ln
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