118 Gap Ridge Loop is a 2,340 square foot house on a 10,716 square foot lot with 5 bedrooms and 2.5 bathrooms. Based on Redfin's Statesville data, we estimate the home's value is $339,440.
Single-familyProperty Type
2024Year Built
10,716 sq ftLot Size
$145Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$339,440
$5,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.3% higher than the average sale price ($325K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,377 (+453.0%)
$60,000 + $268,500
$328,500
2024
$611
$60,000 + $265,920
$325,920
Tax history for 118 Gap Ridge Loop
Year
Property tax
Land + Additions
Assessment*
2025
$3,377 (+453.0%)
$60,000 + $268,500
$328,500
2024
$611
$60,000 + $265,920
$325,920
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Mar 20, 2024 • Final
New single family dwelling
Install a gas range on a slab foundation.
Gas
New construction
Feb 15, 2024 • Final
Statesville tap permit - sewer tap
Install a new sewer connection for a residential lot.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Exterior
Exterior Information
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Siding Sheathing
Roof Shape Type: Gable
Building Improvement Type: Single Family
Property Information
Subdivision Name: SULLIVAN FARM SUB
Living Sq. Ft: 2,340
Ground Floor Sq. Ft: 1,260
Building Sq. Ft: 2,760
# of Stories: 2
Legal Description: L77 SULLIVAN FARM PB80-146
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 420
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,716
Legal Lot Number: 77
Municipality Name: BETHANY
Acres: 0.246
Front Footage: 61
Zoning Code: R5 CZ
County Use Description: SIN FAM RES
Financial
Assessor Information
Assessment Year: 2026
Tax District County: CITY OF STATESVILLE
Public facts
Beds: 5
Baths: 2.5
Sq. Ft.: 2,340
Stories: 2.0
Lot Size: 10,716 square feet
Style: Single Family Residential
Year Built: 2024
Year Renovated: 2024
County: Iredell County
APN: 4745696776.000
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Cloverleaf Elementary School
Public PreK-5 • Assigned • 0.3mi
3/10
East Middle School
Public 6-8 • Assigned • 4.4mi
1/10
Statesville High School
Public 9-12 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Statesville, NC • 28625
Average low and high temperatures (°F)
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49
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Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$323,000 – $391,000
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