This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
116 Lipe Road, Troutman, NC 28166
$650,000
116 Lipe Road, Troutman, NC 28166View this property at 116 Lipe Road, Troutman, NC 28166
116 Lipe RoadTroutmanNC28166
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property 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 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 subdivisions, the minimum lot size is 25,000 sq. ft. per dwelling (.57ac).
Full Property Details
Full Property Details for 116 Lipe Rd
General
- Price: $650,000
- Status: Active
- Type: Lots/Land
- MLS ID: 4049791
- Updated: 9/20/2023
- Added to Site: 292 day(s) ago
Location
- County: Iredell
School Information
- Elementary School: Troutman
- Middle School: Troutman
- High School: South Iredell
Utilities
- Sewer: Septic Installed
- Water: Well
Lot Features
- Rcmdd Zoning: RA
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 4740-75-1250.000
- Lot Number: 94E-92
Listed by Allen Tate Mooresville/Lake Norman
Get Pre-Approved Today
Schools
Schools serving 116 Lipe Rd
School District:Iredell-Statesville Schools
Rating | Name | Grades | Distance |
---|---|---|---|
220 S Main St, Troutman, NC 28166 | PK-5 | 2.3 mi | |
305 Rumple St, Troutman, NC 28166 | 6-8 | 2.2 mi | |
299 Old Mountain Rd, Statesville, NC 28677 | 9-12 | 4.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Lipe Rd
Date
Details
Price
Change
Source
7/16/2023
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Lipe Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,565
36%
$220,770
54%
2022
$1,153
28%
$143,230
—
2021
$898
-17%
$143,230
—
2019
$1,087
9%
$143,230
9%
2018
$996
—
$131,800
—
2016
$996
—
$131,800
—
2015
$996
—
$131,800
-1%
2014
$1,000
—
$132,980
—
2013
$1,000
—
$132,980
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Lipe Rd
116 Lipe Road, Troutman, NC 28166 (MLS# 4049791) is a Lots/Land property with a lot size of acres. 116 Lipe Road is currently listed for $650,000 and was received on July 16, 2023. Want to learn more about 116 Lipe Road? Do you have questions about finding other Lots/Land real estate for sale in Troutman? You can browse all Troutman real estate or contact a Coldwell Banker agent to request more information.