Calling all investors! If you're looking for a well-built home with massive potential for beauty, you have found it here. Only minutes from I-40, I-77, and the Statesville Regional Airport making the location perfect for anyone looking for easy travel access. Kitchen, dining room, bathroom, and basement are all open canvases for anyone looking to put their touch on the home while also including a roof installed in 2017 and a new refrigerator, dishwater, and microwave that were purchased but not installed. Please submit highest and best offer by noon, Friday the 18th
Single-familyProperty Type
1960Year Built
2.49 acresLot Size
$188Est. Price/Sq.Ft.
1 car garageParking
Listed by Blake Ginther• Keller Williams Realty Elite
Calling all investors! If you're looking for a well-built home with massive potential for beauty, you have found it here. Only minutes from I-40, I-77, and the Statesville Regional Airport making the location perfect for anyone looking for easy travel access. Kitchen, dining room, bathroom, and basement are all open canvases for anyone looking to put their touch on the home while also including a roof installed in 2017 and a new refrigerator, dishwater, and microwave that were purchased but not installed. Please submit highest and best offer by noon, Friday the 18th.
CANOPYMLS as Distributed by MLS Grid #4281648
Jul 30, 2025
Sold
$185,000
$114/sq ft
Jul 18, 2025
Pending
—
Jul 14, 2025
Listed
$149,900
$93/sq ft
CANOPYMLS as Distributed by MLS Grid #2062833
May 14, 2012
Sold
$107,500
$66/sq ft
+11
Great location! Beautiful hardwood floors. Tile baths. House can use some updating but in move-in condition. 2 rooms in basement have windows and have been used as bedrooms, space for playroom and a workshop. Wood stove in basement. Nice screened porch. 12x12 shed, metal canopy/shed. Old bricks under house do not stay. Property to be sold in "as is" condition.
Public Records
May 10, 2012
Sold
$110,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,121
$53,210 + $123,610
$176,820
2024
$1,121
$53,210 + $123,610
$176,820
2023
$1,121 (+44.3%)
$53,210 + $123,610
$176,820
2022
$777 (+2.0%)
$35,470 + $76,960
$112,430
2021
$762
$35,470 + $76,960
$112,430
2020
$762 (+3.8%)
$35,470 + $76,960
$112,430
2019
$733 (+6.6%)
$35,470 + $76,960
$112,430
2018
$688 (+7.1%)
$35,470 + $76,960
$112,430
2017
$642
$35,470 + $63,330
$98,800
2016
$642 (+5.4%)
$35,470 + $63,330
$98,800
2014
$609 (−0.1%)
$31,980 + $69,410
$101,390
2013
$610 (−15.2%)
$31,980 + $69,410
$101,390
2012
$719 (+2.6%)
$31,980 + $69,410
$101,390
2011
$700
Tax history for 172 Arey Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,121
$53,210 + $123,610
$176,820
2024
$1,121
$53,210 + $123,610
$176,820
2023
$1,121 (+44.3%)
$53,210 + $123,610
$176,820
2022
$777 (+2.0%)
$35,470 + $76,960
$112,430
2021
$762
$35,470 + $76,960
$112,430
2020
$762 (+3.8%)
$35,470 + $76,960
$112,430
2019
$733 (+6.6%)
$35,470 + $76,960
$112,430
2018
$688 (+7.1%)
$35,470 + $76,960
$112,430
2017
$642
$35,470 + $63,330
$98,800
2016
$642 (+5.4%)
$35,470 + $63,330
$98,800
2014
$609 (−0.1%)
$31,980 + $69,410
$101,390
2013
$610 (−15.2%)
$31,980 + $69,410
$101,390
2012
$719 (+2.6%)
$31,980 + $69,410
$101,390
2011
$700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
353 ft.
Lot depth
—
Lot size
2.49 Acres
Year renovated
1960
Sq. Ft.
1,654
Year built
1960
Style
Single Family Residential
County
Iredell County
APN
4723940777.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
R-20
Single-Family Residential District
The regulations of this district are intended to insure that residential development not having access to public water supplies and dependent upon septic tanks for sewage disposal will occur at sufficiently low densities to provide a healthful environment.
Permitted uses
Include but are not limited to:
Automotive parking structure
Housing-Single unit
Infrastructure
Office
Post office
Recreation
Kennel
Park & open space
Property details
Parking
Parking Information
Main Level Garage Y/N: 1
Parking Features: Attached Garage
Garage Spaces: 1
Has Garage
Interior
Bedroom Information
# of Bedrooms: Main: 3
# of Bedrooms: 3
Bathroom Information
# of Full Baths: Main: 2
# of Full Baths: Basement: 1
# of Full Baths (Total): 3
Room 1 Information
Room Dimensions: 18' 0" X 13' 0"
Room Length: 18
Room Width: 13
Room Level: Main
Room 2 Information
Room Dimensions: 13' 2" X 8' 11"
Room Length: 13.17
Room Width: 8.92
Room Level: Main
Room 3 Information
Room Dimensions: 13' 1" X 11' 11"
Room Length: 13.08
Room Width: 11.92
Room Level: Main
Room 4 Information
Room Dimensions: 13' 3" X 11' 4"
Room Length: 13.25
Room Width: 11.33
Room Level: Main
Room 5 Information
Room Dimensions: 12' 5" X 11' 11"
Room Length: 12.42
Room Width: 11.92
Room Level: Main
Room 6 Information
Room Dimensions: 11' 4" X 10' 11"
Room Length: 11.33
Room Width: 10.92
Room Level: Main
Room 7 Information
Room Dimensions: 10' 11" X 10' 5"
Room Length: 10.92
Room Width: 10.42
Room Level: Main
Room 8 Information
Room Dimensions: 10' 2" X 8' 8"
Room Length: 10.17
Room Width: 8.67
Room Level: Main
Laundry Room Information
Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
Basement Information
Has Basement
Basement Features: Unfinished
Fireplace Information
Has Fireplace
Fireplace Features: Living Room, Wood Burning
Heating & Cooling
Heating Information: Oil, Other - See Remarks
Cooling Information: None
Interior Features
Room Count: 8
Interior Features: Attic Other
Appliances: Electric Oven, Electric Water Heater
Flooring: Vinyl, Wood
Door Features: Sliding Doors
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick Full
Exterior Features
Patio And Porch Features: Front Porch
Property Information
Other Equipment: Fuel Tank(s), Other - See Remarks
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning Specification: R20
Lot Information
Lot Size Area: 2.491
Lot Size Units: Acres
Road Surface Type: Concrete, Paved
Road Responsibility: Publicly Maintained Road
Utilities
Utility Information
Water Source: Well
Sewer: Septic Installed
Location
HOA Information
HOA Subject To: None
School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified
Location Information
Directions: From I-40 W, take exit 150 for NC-115/Troutman. Head north on NC-115, continue for about 6 miles. Turn left onto Arey Road. 172 Arey Road will be on your right.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,654
Stories: 1.0
Lot Size: 2.49 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Iredell County
APN: 4723940777.000
Home facts updated by county records on Aug 20, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Green Information
Green Verification Count: 0
Home Information
Total Property HLA Sq. Ft.: 1620
Living Area: 1620
Above Grade Finished Area: 1,620
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1620
Sq. Ft. Lower: 0
Foundation Details: Basement
Levels: One
Security Features: Smoke Detector(s)
Around this home
Schools
Celeste Henkel Elementary School
Public PreK-5 • Assigned • 2.9mi
5/10
West Iredell Middle School
Public 6-8 • Assigned • 4.1mi
3/10
West Iredell High School
Public 9-12 • Assigned • 4.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Statesville, NC • 28677
Average low and high temperatures (°F)
48
27
55
34
69
44
76
52
77
57
87
66
90
71
80
66
80
60
72
50
63
42
52
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$290,000 – $351,000
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