Primary on Main

Address

116 Lipe Road, Troutman, NC

Listing Type

Single Family

Price

$ 650,000

Property Attributes

ID#4051007
TypeSingle Family
CountyIREDELL
CityTroutman
AreaIredell County
Zip28166
Style
Price$ 650,000
Bedrooms3
Full Bathrooms1
Half Bathrooms0
Sqr Footage1025
Lot Size5.9 Acres

Data Source:

Canopy MLS

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 subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).

Elementary School	Middle School	High School
Unspecified Elementary School	Unspecified Middle School	Unspecified High School

Price History
7/20/2023	Listed $650,000

General Features

Sewer	Septic Installed
Heating	Heat Pump
Cooling	Central Air
Appliances	Electric Oven
Zoning	RA
Construction Materials	Aluminum,Vinyl
Year Built	1924
Property SubType	Single Family Residence
County	Iredell
New Construction	No
Property Type	Residential
Subdivision Name	None
High School	Unspecified
City	Troutman
Street Name	Lipe
Elementary School	Unspecified
Middle/Junior High School	Unspecified
Standard Status	Active
CAR_HOASubjectTo	None
Construction Type	Manufactured
Tax Assessed Value	220770

Interior Features

Above Grade Finished Area	1025
Full Baths	1
Street Suffix	Road
Laundry Features	Laundry Room
Total Bedrooms	3
Total Baths	1
SqFt Main	1025
Bedroom	3

Exterior Features

Parking Features	Driveway
Water Source	Well
Lot Size Area	5.9
Foundation Details	Crawl Space
Road Surface Type	Dirt
Lot Size Units	Acres
Road Responsibility	Publicly Maintained Road
Main Level Garage YN	No

Amenities

Foreclosure
Views
Short Sale
New Construction
Adult 55+
Lease To Own
No HOA Fees
Furnished
Primary On Main
Air Conditioning
Seller Finance
Green
Fixer Upper
Horse
Golf
Fireplace
Deck
Garage
Basement
Pool

Property vs Single Family Average in 28166

Price

AVG $480K

$650K

Visits

AVG 244

484

Data Provided by Inside Real Estate®

Year Built

AVG 2013

1924

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Your Agent

Jamie Young

REALTOR® / BROKER

704-981-6600

Testimonials

Areas We Cover

Sellstate Executive Real Estate

818 Tyvola Rd. Ste. 101
Charlotte, NC 28217

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