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116 Lipe Rd Troutman NC 28166 MLS 4051007

$650,000

Photo one of 116 Lipe Rd Troutman NC 28166 | MLS 4051007
116 Lipe Rd
Troutman, NC 28166 MLS# 4051007

  • Bedrooms

    3

  • Baths

    1

  • Sq. Feet

    1025

  • Year Built

    1924

  • Days On Market

    283

  • $/SqFt

    $634

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Home Description: 116 Lipe Rd

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).

  • Fireplace: No
  • Laundry Location: Laundry Room
  • Appliances: Electric Oven
  • Full Baths: 1
  • 1/2 Baths: 0
  • HVAC: Heat Pump
  • Water: Well
  • Sewer: Septic Installed
  • Type: Single Family Residence
  • Construction Materials: Aluminum,Vinyl
  • Lot Size Acres: 5.9000
  • Parking: Driveway
  • Driveway: Dirt

Available now at $650,000

Room Locations

Bathroom-FullMain
Primary BedroomMain
  • Property Type: Single Family
  • New Construction: No
  • Foundation: Crawl Space
  • List Status: Active
  • : candy.mccarty@allentate.com

Neighborhood

The average asking price of a 3 bedroom Troutman home in this zip code is $447,385 (31.2% less than this home).

This home is priced at $634/sqft, which is 63.5% less than similar homes in the 28166 zip code.

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116 Lipe Rd Troutman NC 28166

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School Information

  • Elementary:Unspecified
  • Junior High:Unspecified
  • High School:Unspecified

Financial

  • Approx Payment:$3,162*

Area Stats

These statistics are updated daily from the Canopy MLS. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (704) 705-8689 and speak with one of our real estate consultants.

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Listing Courtesy of Allen Tate Mooresville/Lake Norman.

116 Lipe Rd, Troutman NC is a single family home of 1025 sqft and is currently priced at $650,000 . This single family home has 3 bedrooms. A comparable home for sale at 105 Aviendha Ln in Troutman is listed at $495,000. This home on 116 Lipe Rd has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes in Troutman, NC. Normandy Breaks, Silo Acres and Georgia Mills Plantation are nearby neighborhoods. MLS 4051007 has been posted on this site since 7/20/2023 (282 days ago).

Listings courtesy of Canopy MLS as distributed by MLS GRID.

The data relating to real estate for sale on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. Based on information submitted to the MLS GRID as of 4/27/2024 8:19:26 AM. 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.

Some IDX listings have been excluded from this website.

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