403 Lytton St, Troutman, NC, 28166

$795,000

Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #4028891
StatusActive

About 403 Lytton St

Developers, Builders, Investors must see: Site Ready, Engineered and Approved by the Town of Troutman for Building 24 Townhomes in the center of town with easy walkability to everything! This site plan is fully engineered and approved by the Town of Troutman (exceptions: waiting for water and sewer DEQ connection approvals). Buyer could probably move dirt and begin development within 60 days of purchase. Licensed NC Broker/Seller developed 6 rental townhomes on adjacent property that are fully rented with low vacancy rates, rent growth and increased residential sale values. New Buyer/Owner could do the same with 24 townhomes. This is a great location near the drug store, ABC store, Grocery, Town Hall, park, coffee shops, many restaurants, Lake Norman State Park and a winery. The elevation plans could be modified with town staff approval if similar in design and 24 units or less. Owner/Broker can email site plan/elevation drawings as they are too large to attach.

Property Details

Property Features

Listing Office:

  • Office Name: Ronald Scott Properties Inc

School Info

Assigned Schools Information:

  • South Iredell High School, Public District Grades 9-12
  • Collaborative College For Technology, Public District Grades 9-12
  • Visual and Performing Arts Center, Public District Grades 9-12
  • Troutman Middle School, Public District Grades 6-8
  • Northview School, Public District Grades 6-8
  • Mount Mourne School, Public District Grades 6-8
  • Troutman Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
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Housing Market Comparison

See how this home compares to others in Troutman, NC.

Med. Sold Price

$374.9K

Med. Price/SqFt

$191

Avg. Days On Market

57

# of Sold Homes

22

403 Lytton St vs Troutman

358 DAYS ON ROCKET

+301 Days

$795,000

+$420K More

KEY TAKEAWAY

This property is $420K more than the Median Sold Price in Troutman, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4028891

Listing Office:

  • Office Name: Ronald Scott Properties Inc

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Property Sales & Tax

Listing History

Oct 11, 2016Home Sold
$30,000
Feb 11, 2015Home Sold
$82,000
Aug 31, 2009Home Sold
$128,500

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5283920
5
/10
  • Troutman Elementary School

  • 220 S Main St

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5283921
4
/10
  • Troutman Middle School

  • 305 Rumple St

  • 0.78 miles

  • Public District Grades 6-8

school-card-donut-5283922
8
/10
  • Northview School

  • 625 N Carolina Ave

  • 6.91 miles

  • Public District Grades 6-8

school-card-donut-5283923
9
/10
  • Mount Mourne School

  • 1431 Mecklenburg Hwy

  • 11.36 miles

  • Public District Grades 6-8

High School

school-card-donut-5283924
6
/10
  • South Iredell High School

  • 299 Old Mountain Rd

  • 1.13 miles

  • Public District Grades 9-12

school-card-donut-5283925
9
/10
  • Collaborative College For Technology

  • 500 W Broad St

  • 5.33 miles

  • Public District Grades 9-12

school-card-donut-5283926
9
/10
  • Visual and Performing Arts Center

  • 474 N Center St

  • 6.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,782. Typical income of Troutman, NC residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 Lytton St

What is the listing price of this property?

The listing price of 403 Lytton St property is $795,000.

What type of property is this?

The property 403 Lytton St is land located in Troutman, North Carolina, 28166.

Is this property for sale now?

Active Listing: 403 Lytton St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 403 Lytton St are:
Troutman Elementary School: GreatSchools Rating 5/10
Troutman Middle School: GreatSchools Rating 4/10
Northview School: GreatSchools Rating 8/10
Mount Mourne School: GreatSchools Rating 9/10
South Iredell High School: GreatSchools Rating 6/10
Collaborative College For Technology: GreatSchools Rating 9/10
Visual and Performing Arts Center: GreatSchools Rating 9/10

When was this property sold last time and for how much?

The last sale was on October 11, 2016 for $30,000. (source: MLS/tax record).
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Rocket HomesNorth CarolinaIredell CountyTroutman28166403 Lytton St

This home is located at 403 Lytton St in Troutman, NC and zip code 28166. It has been listed on Rocket Homes since May 10, 2023 and is currently priced at $795,000.

Over 4 listings were sold over their listed price in April 2024 in Troutman, NC. In the same period over 12 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Troutman, NC real estate market has seen decrease in the number of listings by 2.4%. The median list price of listings available in April 2024 was $374,933, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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