Welcome to this enchanting home in the quaint town of Troutman. If you are looking for a charming move-in ready home, then this is a must see. Enjoy the lovely front porch boasting a beautiful large tree in the front yard for shade on hot summer days. This home offers a large backyard with a 6' privacy fence (only 2 years old) which offers total privacy. Also included in the back yard is a 2 year old 8 x 12 storage shed with a workbench. This lovely home is located at the end of a quiet street with a long driveway for plenty of parking. Inside the home is a white kitchen with room to add more cabinets and counter space. The home offers new solar panels (paid in full by the seller), a new HVAC, and a new water heater all installed in 2024. The roof was installed in 2021 as well as the whole house inside renovations. Close to shopping, post office, bike trails, Lake Norman State Park, Lake access, I-77 and only 15 minutes to Mooresville and Statesville.
Property Details
Property Features
Property Information:
Year Built: 1975
Living Area: 1,007 SqFt
Listing Office:
Office Name: EXP Realty LLC Mooresville
Office Email: kellyflam@gmail.com
Interior Features
Interior Information:
Appliances: Electric Range, Electric Water Heater
Basement: Yes
Flooring Type: Vinyl
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: Driveway
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Ceiling Fan(s), Heat Pump
Other
Directions Information:
Directions: I-77 North to Exit 42, Left on Hwy 115/21, Left on Rumple, Right on West Ave, Left on Downing. Home on Left.
Price Information
Listing Price Info
Price Summary:
List Price: $244,900
Price Per SqFt: $243/SqFt
Tax Information:
Annual Amount: $861
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Troutman, NC.
This property is $153K less than the Median Sold Price and $57/SqFt more than other homes in Troutman, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4185141
Listing Office:
Office Name: EXP Realty LLC Mooresville
Office Email: kellyflam@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,290
Per Month
Principal & Interest
$1,223
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$801
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Troutman Elementary School
220 S Main St
Distance between this listing and this school0.65 miles
Public District Grades KG-5
2
/10
Third Creek Elementary School
361 E Barkley Rd
Distance between this listing and this school4.32 miles
Public District Grades PK-5
3
/10
Shepherd Elementary School
1748 Charlotte Hwy
Distance between this listing and this school5.60 miles
Public District Grades KG-5
Nearby Schools
4
/10
Troutman Middle School
305 Rumple St
Distance between this listing and this school0.55 miles
Public District Grades 6-8
6
/10
Iredell Charter Academy
251 Home Improvement St
Distance between this listing and this school3.47 miles
Public Charter Grades KG-8
1
/10
Statesville Middle School
359 E Barkley Rd
Distance between this listing and this school4.30 miles
Public District Grades 6-8
Nearby Schools
5
/10
Career Academy and Technical School
350 Old Murdock Rd
Distance between this listing and this school1.32 miles
Public District Grades 6-12
5
/10
South Iredell High School
299 Old Mountain Rd
Distance between this listing and this school1.65 miles
Public District Grades 9-12
9
/10
Collaborative College for Technology
500 W Broad St
Distance between this listing and this school6.03 miles
The neighbors living near this home have an average income of $47,782. Most Troutman, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 327 Downing St
What is the listing price of this property?
The listing price of 327 Downing St property is $244,900.
What type of property is this?
The property 327 Downing St is a house located in Troutman, North Carolina, 28166.
Is this property for sale now?
Active Listing: 327 Downing St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $861 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 12, 2003 for $49,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 327 Downing St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 327 Downing St is 1,007 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 327 Downing St is 1975.
This home is located at 327 Downing St in Troutman, NC and zip code 28166. This 1,007 square foot home was built in 1975. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $244,900.
In October 2024 more than 2 listings in Troutman, NC were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 17 were sold below. Between September 2024 and October 2024, Troutman, NC real estate market has seen increase in the number of listings by 2.3%. In October 2024 median list price was $397,926 and the average listing age was 57 days.
From Rocket Homes Real Estate and based on county public records data.