Beautiful acreage located in an area of fine homes and equestrian facilities. Land is mostly cleared with some woods and a spring fed stream. Charming old home place (1918) has not been used in many years and would need repair and updating. Outbuildings and some old fencing. Value is in the land. Ideal for a horse farm or private estate. Town of Troutman water line along Monbo Road. Offered "AS IS." Old well and septic at the property probably not useable.
Single-familyProperty Type
1918Year Built
20.56 acresLot Size
$433Est. Price/Sq.Ft.
Listed by Becky Pope• Coldwell Banker Residential Brokerage
Bought with Susan Brewer• Lake Norman Realty, Inc.
Source:CANOPYMLS as Distributed by MLS Grid #3018303
Redfin Estimate
$736,314
$512K since sold in September 2021$26K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 210.9% higher than the average sale price ($237K) of 6 comparable homes.
Beautiful acreage located in an area of fine homes and equestrian facilities. Land is mostly cleared with some woods and a spring fed stream. Charming old home place (1918) has not been used in many years and would need repair and updating. Outbuildings and some old fencing. Value is in the land. Ideal for a horse farm or private estate. Town of Troutman water line along Monbo Road. Offered "AS IS." Old well and septic at the property probably not useable.
CANOPYMLS as Distributed by MLS Grid #2082595
Oct 24, 2013
Sold
$265,000
$156/sq ft
Sep 30, 2013
Contingent
—
Jun 2, 2013
Price Changed
$340,000
$200/sq ft
Jun 2, 2013
Relisted
—
May 2, 2013
Delisted
—
+4
Fantastic $85,000 reduction on 20 beautiful acres with a charming old homeplace being sold "as is." It would need major renovations. The value is in the beautiful land. Located in an area of fine homes and equesterian facilities. Some outbuildings. There is a spring fed stream. Land is mostly cleared. Ideal for a horse farm or private estate. Town of Troutman water line along East Mondo Rd.
CANOPYMLS as Distributed by MLS Grid #1
Jun 2, 2013
Price Changed
$340,000
$200/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,074
$296,680 + $205,710
$502,390
2024
$3,074
$296,680 + $205,710
$502,390
2023
$3,074 (+20.7%)
$296,680 + $205,710
$502,390
2021
$2,548 (+0.8%)
$169,410 + $227,690
$397,100
2020
$2,527 (+55.2%)
$169,410 + $227,690
$397,100
2019
$1,628 (+0.2%)
$166,130 + $227,690
$393,820
2018
$1,626
$166,130 + $94,860
$260,990
2017
$1,626
$166,130 + $97,270
$263,400
2016
$1,625 (+42.3%)
$166,130 + $97,270
$263,400
2014
$1,142
$163,200 + $35,110
$198,310
Tax history for 441 E Monbo Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,074
$296,680 + $205,710
$502,390
2024
$3,074
$296,680 + $205,710
$502,390
2023
$3,074 (+20.7%)
$296,680 + $205,710
$502,390
2021
$2,548 (+0.8%)
$169,410 + $227,690
$397,100
2020
$2,527 (+55.2%)
$169,410 + $227,690
$397,100
2019
$1,628 (+0.2%)
$166,130 + $227,690
$393,820
2018
$1,626
$166,130 + $94,860
$260,990
2017
$1,626
$166,130 + $97,270
$263,400
2016
$1,625 (+42.3%)
$166,130 + $97,270
$263,400
2014
$1,142
$163,200 + $35,110
$198,310
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Wood Sheathing
Roof Shape Type: Gable
Building Improvement Type: Single Family
Property Information
Living Sq. Ft: 1,700
Ground Floor Sq. Ft: 1,292
Building Sq. Ft: 1,700
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: SR 1328
Lot Information
# of Buildings: 1
Land Sq. Ft: 895,594
Legal Lot Number: I
Municipality Name: FALLSTOWN
Acres: 20.56
Front Footage: 466
Zoning Code: RS
County Use Description: SIN FAM RES RURAL ACREAGE
Financial
Assessor Information
Assessment Year: 2026
Tax District County: B & F
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,700
Stories: 1.5
Lot Size: 20.56 acres
Style: Single Family Residential
Year Built: 1918
Year Renovated: 1942
County: Iredell County
APN: 4731055789.000
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Troutman Elementary School
Public PreK-5 • Assigned • 1.8mi
6/10
Troutman Middle School
Public 6-8 • Assigned • 1.9mi
2/10
South Iredell High School
Public 9-12 • Assigned • 1.1mi
5/10
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
6% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 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
70
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
$700,000 – $847,000
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