$5,000 PRICE IMPROVEMENT!! This Charming home is situated on a prime corner lot with no HOA. This versatile home offers a rare blend of tranquil neighborhood living and exceptional convenience, located within walking distance of the local elementary school and minutes from shopping and dining. The main level features a cozy den and an eat-in kitchen with a meal-prep island, where sliding doors lead to a private deck overlooking a yard shaded by mature trees. There are also 3 bedrooms and 2 full baths. The master suite includes and en-suite bath for privacy and relaxation. For those with a vision, the heated, semi-finished lower level provides endless possibilities; currently designed for two bedrooms, a bathroom ,a family room with a wood burning fireplace and a laundry room that provides a walk out to the patio. It can easily transform into a home gym, office or mother-in-law suite. (wall studs are up and electric in place).Complete with an oversized driveway, ample garden space, and a large storage shed fully equipped with shelving for tools and gardening equipment, this property is a canvas of potential ready for your personal touch. Property is being sold AS IS.
Active
Price cut: $5K (6/1)
$295,000
501 Old Farm Rd, Statesville, NC 28625
3beds
1,928sqft
Single Family Residence
Built in 1973
0.39 Acres Lot
$287,400 Zestimate®
$153/sqft
$-- HOA
What's special
Ample garden spacePrime corner lotOversized drivewayCozy den
- 53 days |
- 580 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Michelle McKoy michelle.g.mckoy@gmail.com,
Keller Williams Ballantyne Area
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4378540
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Breakfast
- Level: Main
Den
- Level: Lower
Kitchen
- Level: Main
Laundry
- Level: Lower
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Gas Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Utility Room
Features
- Basement: Partially Finished
- Fireplace features: Den
Interior area
- Total structure area: 1,928
- Total interior livable area: 1,928 sqft
- Finished area above ground: 1,928
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Features
- Levels: Multi/Split
- Exterior features: Storage
Lot
- Size: 0.39 Acres
- Features: Corner Lot
Details
- Parcel number: 4755511736
- Zoning: R10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial, Vinyl
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: County Sewer
- Water: County Water
Community & HOA
Community
- Features: None
- Subdivision: Old Farm
Location
- Region: Statesville
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $194,340
- Annual tax amount: $2,038
- Date on market: 5/8/2026
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete, Paved
Estimated market value
$287,400
$273,000 - $302,000
$1,763/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $295,000-1.7%$153/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4378540 Report a problem | ||
| 5/8/2026 | Listed for sale | $300,000+158.6%$156/sqft |
Source: Canopy MLS as distributed by MLS GRID #4378540 Report a problem | ||
| 6/2/2010 | Sold | $116,000-7.5%$60/sqft |
Source: Public Record Report a problem | ||
| 5/23/2010 | Listed for sale | $125,450$65/sqft |
Source: Coldwell Banker United, Realtors of Charlotte, NC #924967 Report a problem | ||
| 4/17/2010 | Listing removed | $125,450$65/sqft |
Source: Coldwell Banker United, Realtors #924967 Report a problem | ||
| 3/17/2010 | Listed for sale | $125,450+9.2%$65/sqft |
Source: Coldwell Banker United, Realtors of Charlotte, NC #924967 Report a problem | ||
| 4/10/2008 | Listing removed | $114,900$60/sqft |
Source: Homes & Land Report a problem | ||
| 2/2/2008 | Listed for sale | $114,900+8.9%$60/sqft |
Source: Homes & Land Report a problem | ||
| 1/9/2008 | Sold | $105,500-9.8%$55/sqft |
Source: Public Record Report a problem | ||
| 3/15/2005 | Sold | $117,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,038 | $194,340 |
| 2024 | $2,038 | $194,340 |
| 2023 | $2,038 +35.5% | $194,340 +52.4% |
| 2022 | $1,504 -3.6% | $127,540 |
| 2021 | $1,560 | $127,540 |
| 2020 | $1,560 +0.8% | $127,540 |
| 2019 | $1,547 +15.1% | $127,540 +9.7% |
| 2018 | $1,345 | $116,300 |
| 2017 | $1,345 +20.6% | $116,300 +2.6% |
| 2016 | $1,115 | $113,380 |
| 2015 | $1,115 +4.1% | $113,380 -0.4% |
| 2014 | $1,071 | $113,830 |
| 2013 | -- | $113,830 |
| 2012 | -- | $113,830 |
| 2011 | -- | $113,830 -3.2% |
| 2010 | -- | $117,640 |
| 2009 | -- | $117,640 |
| 2008 | -- | $117,640 |
| 2007 | -- | $117,640 +5.8% |
| 2006 | -- | $111,240 |
| 2005 | -- | $111,240 |
| 2004 | -- | $111,240 |
| 2003 | -- | $111,240 +11.1% |
| 2002 | -- | $100,120 |
| 2001 | -- | $100,120 |
| 2000 | -- | $100,120 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28625
Nearby schools
GreatSchools rating
- 2/10East Iredell Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10East Middle SchoolGrades: 6-8Distance: 3.6 mi
- 2/10Statesville High SchoolGrades: 9-12Distance: 3.1 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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Iredell County
- Statesville
- 28625
- 501 Old Farm Rd
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