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  • $992,500

    221 Magnolia St, Statesville, NC 28677

    14beds
    1,221sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $360,000 Zestimate®
    $813/sqft
    $1,089 Estimated rent

    Home value

    $360,000

    $317,000 - $407,000

    $1,089/mo

    Zestimate® history
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    What's special

    UPDATED FULLY LEASED SINGLE FAMILY RESIDENTAIL PORTFOLIO IN STATESVILLE. This updated single family residential portfolio consist of 4 single residents that are currently all leased. The leases vary in expiration time the earliest is on or before March 31, 2026. Contact the listing agent for more information concerning the properties, please Do NOT disturb the tenants. The listed property addresses are as follows:117 S Oakwood Drive, 502 E Sharpe Street, 715 W Pine Circle, 221 Magnolia Street. The Seller is also selling a total of 13 residential properties to include these in MLS#4229202.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Jones davidjones@clr-properties.com,

    Carolina Landmark Realty

    Bought with:

    Michelle Peck

    ENRG Global Realty LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4267876MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: Other
    Features
    • Has basement: No
    Interior area
    • Total structure area: 1,221
    • Total interior livable area: 1,221 sqft
    • Finished area above ground: 1,221
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage on Main Level
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.45 Acres
    • Dimensions: 100 x 200 x 100 x 200
    Details
    • Additional parcels included: 4734-38-6850.000,4744-36-7933.000,4744-25-7591.000
    • Parcel number: 4744580790 . 000
    • Zoning: RA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Asbestos, Wood
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Statesville

    Financial & listing details

    • Price per square foot: $813/sqft
    • Tax assessed value: $143,040
    • Annual tax amount: $1,516
    • Date on market: 6/5/2025
    • Cumulative days on market: 60 days
    • Listing terms: Conventional
    • Exclusions: Tenant Owned Appliances do not convey
    • Tenant pays: All Utilities
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    9/5/2025Sold$992,500+1.8%$813/sqft
    Source: Canopy MLS as distributed by MLS GRID #4267876 Report a problem
    7/9/2025Price change$975,000-7.1%$799/sqft
    Source: Canopy MLS as distributed by MLS GRID #4267876 Report a problem
    6/5/2025Listed for sale$1,049,000+1591.9%$859/sqft
    Source: Canopy MLS as distributed by MLS GRID #4267876 Report a problem
    3/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/1/2024Listed for rent$1,645$1/sqft
    Source: Zillow Rentals Report a problem
    11/22/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    10/22/2022Listed for rent$1,645+37.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/22/2019Listing removed$1,195$1/sqft
    Source: Owner Report a problem
    4/21/2019Price change$1,195+9.1%$1/sqft
    Source: Owner Report a problem
    4/15/2019Listed for rent$1,095$1/sqft
    Source: Owner Report a problem
    8/17/2018Sold$62,000+29.2%$51/sqft
    Source: Canopy MLS as distributed by MLS GRID #3414003 Report a problem
    7/26/2018Pending sale$48,000$39/sqft
    Source: Southern Charm Realty Inc #3414003 Report a problem
    7/16/2018Price change$48,000-50.5%$39/sqft
    Source: Southern Charm Realty Inc #3414003 Report a problem
    6/6/2018Listed for sale--
    Source: Auction.com Report a problem
    12/18/2006Sold$97,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,516 $143,040
    2024$1,516 $143,040
    2023$1,516 +45.3%$143,040 +68.2%
    2022$1,043 -5.1%$85,020
    2021$1,099 $85,020
    2020$1,099 +0.8%$85,020
    2019$1,090 +5%$85,020 -1.1%
    2018$1,039 $85,930
    2017$1,039 +21.1%$85,930
    2016$858 $85,930
    2015$858 -2.4%$85,930 -6.9%
    2014$878 $92,320
    2013-- $92,320
    2012-- $92,320
    2011-- $92,320 -5%
    2010-- $97,200
    2009-- $97,200
    2008-- $97,200
    2007-- $97,200 +8.5%
    2006-- $89,590
    2005-- $89,590
    2004-- $89,590
    2003-- $89,590 +11.3%
    2002-- $80,490
    2001-- $80,490
    2000-- $80,490
    Find assessor info on the county website

    Neighborhood: 28677

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $360,000
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    Estimated market value
    $360,000