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112 Robinette Ln, Statesville, NC, 28625

5beds
3baths
1,221sqft
$495,000
$405price/sqft
$3,158/moest. monthly cost
$126,320/yrincome needed

About This Home

UPDATED FULLY LEASED SINGLE FAMILY RESIDENTIAL PORTFOLIO IN STATESVILLE. This updated single family residential portfolio consists of 2 single family residential properties, 112 Robinette Lane (3 Bedroom & 2 bathroom) and 251 Beulah Road (2 Bedroom & 1 bathroom). The leases vary in expiration time and the earliest is on or before June 30, 2026.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

7/10
Sharon Elementary SchoolGrades PK-53.6 mi
2/10
1/10
West Iredell High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick Full

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,221

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,221
  • Total interior livable area: 1,221 sqft

Property

Details

  • Parcel number: 4705333563
  • Zoning: RA
  • Special condition: Standard
  • Exclusions: tenant owned appliances

Lot

  • Lot size: 2.27 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Iredell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$199$2,388
Property Taxes $257$3,084
Electricity $200$2,405
Total$3,158$37,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,274/yr
40% on housing$94,740/yr
45% on housing$84,213/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 28625$163
Iredell County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 28625$173
Iredell County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$495,000
2026-02-16Listing removed$1,795,000
2025-10-28Price change$1,795,000
2025-08-04Price change$1,995,000
2025-07-09Price change$3,075,000
2025-06-11Price change$3,350,000
2025-06-07Listing removed$1,695
2025-05-24Listed for rent$1,695
2025-03-12Listed for sale$3,450,000
2021-03-24Listing removed--
2018-05-31Listing removed$1,000
2018-05-25Listed for rent$1,000
2017-06-09Listing removed$1,000
2017-05-22Listed for rent$1,000
2016-03-23Listing removed$1,000
2016-03-11Listed for rent$1,000
2015-04-30Sold$30,128

For Sale by Agent

AgentDavid Jones
BrokerageCarolina Landmark Realty

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