$900,000
SOLD MAR 28, 2025

603 Ostwalt Amity Rd Troutman, NC 28166

57 Acres
$15,837 Price per Acre
2,475,515 Sq Ft Lot

Recently Sold

$351 Per Sq Ft

28% Below List Price

693 Days on Market

About This Lot

As of March 2025

Centrally located between Mooresville and Statesville, this 56.83 acre parcel is in a rapidly growing section of Iredell County. The recently completed Iredell Water Corp expansion is close by and there are several new subdivisions in the area. The site is approximately 1 mile form the future Weathers Creek High School location, 2 miles from I-77 exit 42, 4 miles from Downtown Troutman, and within 45 minutes to Charlotte and Charlotte Douglas International Airport. This property is great for a residential development. The road frontage 0.66 parcel is also available for sale.Due diligence is available upon request and include Geotech, Preliminary Alta, Site Plan, Soil Map etc. Homes on the property are sold As Is and of no value to the property.

Last Agent to Sell the Property

Miles Norris

Ascent Real Estate Partners, L Brokerage Email: miles@ascent.re License #337132

Last Buyer's Agent

Nick Marinelli

Mossy Oak Properties Land and Luxury License #233062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,503

Year Built

  • 1880

Lot Details

  • 56.83 Acre Lot
  • Possible uses of the property include Residential
  • Property is zoned RA

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4751637233

Property Details

Property Type

Land

Est. Annual Taxes

$3,503

Year Built

1880

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Restrictions
  • ResoPropertyType: Land
  • Attribution Contact: miles@ascent.re
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Other Structures: Other - See Remarks

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 56.83
  • Lot Size Units: Acres
  • Parcel Number: 4751637233
  • Lot Size Acres: 56.83
  • Lot Size Sq Ft: 2475514
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $900,000 -27.9% $351 / Sq Ft
10/24/2023 10/24/23 For Sale $1,249,000 +38.8% $487 / Sq Ft
10/20/2023 10/20/23 Off Market $900,000 -- --
09/25/2023 09/25/23 For Sale $1,249,000 +38.8% $487 / Sq Ft
09/20/2023 09/20/23 Off Market $900,000 -- --
03/26/2023 03/26/23 For Sale $1,249,000 0.0% $487 / Sq Ft
03/08/2023 03/08/23 Off Market $1,249,000 -- --
12/08/2022 12/08/22 For Sale $1,249,000 -- $487 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,503 $563,870 $491,010 $72,860
2023 $3,503 $563,870 $491,010 $72,860
2022 $2,897 $430,960 $368,260 $62,700
2021 $2,760 $430,960 $368,260 $62,700
2020 $2,760 $430,960 $368,260 $62,700
2019 $2,735 $430,960 $368,260 $62,700
2018 $2,492 $408,360 $347,800 $60,560
2017 $1,038 $408,360 $347,800 $60,560
2016 $1,038 $408,360 $347,800 $60,560
2015 $1,038 $408,360 $347,800 $60,560
2014 $1,007 $417,230 $347,800 $69,430
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $585,000 Construction
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $900,000 None Listed On Document
Deed $61,000 --
Deed -- --
Deed $55,000 --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3928240

Canopy MLS (Canopy Realtor® Association)

APN: 4751-63-7233.000