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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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225 Midway Rd , Statesville, NC 28625
$1,750,000
Est. Payment: $3,888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 64
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House Description

A beautiful nearly 90 acre tract only minutes from shopping, restaurants, and I40. This comes with peaceful and private setting and scenic rural views. The east side of both halves of the property is bordered by a creek. The property is split down the middle by Midway Road, providing ideal access for residential development. The property is a working tree farm with agricultural exemption. 58 acres of Loblolly Pines were recently harvested leaving approximately 30 acres of standing timber. It has been replanted for your future income and tax benefits. The existing home is also utilized as an investment/ rental property (current renters on a month-to-month lease). Build and/or develop now or earn income while you watch your property values increase. The possibilities are endless with this acreage.

Highlights

Listed by Matthew Madison , 704-929-7701 Madison & Company Realty , 704-873-7700.

Property Type

Vacant Land

Lot/Acreage
89.5

County

Iredell

Listing ID

4369868

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0
Water:Well

Exterior Features

Sewer:Septic Installed
Principal Interest
$3,889
Taxes
$1,116

Home Price

$1,750,000

Loan Details

30 yrs
%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,888.89 $1,115.63 $0.00 $5,004.51
Yearly $46,666.67 $13,387.50 $0.00 $60,054.17
Total $1,400,000.00 $401,625.00 $0.00 $1,801,625.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Statesville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.