118 Margo Lane, Statesville NC
- 5 Bed
- 3 Bath
- 1191 ft2
- 0.1 ac
For Sale $410,000
Remarks:
Bank-approved short sale opportunity with lender appraisal established at $439,000 now offered at $410,000. Charming 2-story DR Horton home with main-level bedroom. Home is located on the 500 Club golf course in Larkin. Enjoy west-facing golf course views from a fully fenced in backyard. Open-concept floor plan with granite countertops and stainless steel appliances in the kitchen. Community amenities include pool, tennis courts, and sidewalks ideal for walking and active living. The 500 Club is a semi-private course, with nearby Victory Lane restaurant open to the public for dining.' Conveniently located just outside Troutman with quick access to I-77 and close to Lake Norman State Park.
Interior Features:
Drop Zone
General Information:
| List Price: | $410,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1191 sqft |
| Parking: | Attached Garage, Garage Faces Front, Keypad Entry, Parking Space(s) |
| MLS Number: | CAR4316094 |
| Subdivision: | Larkin |
| Bathrooms: | 3 |
| Lot Description: | Cleared, Level, On Golf Course, Open Lot |
| Year Built: | 2017 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-26-2026 | Price Decrease | $410,000-8.89% | $345 |
| 04-23-2026 | Listed | $450,000 | $378 |
| 03-23-2026 | Listed | $509,000 | $428 |
| 05-14-2025 | Listed | $439,000 | $369 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Third Creek Elementary School | 1 miles | PK-05 | 2 |
| Success Charter School | 2 miles | KG-06 | 1 |
| American Renaissance School | 3 miles | KG-06 | 9 |
| Troutman Elementary School | 3 miles | PK-05 | 5 |
| Pressly School | 3 miles | KG-06 | N/A |
| N B Mills Elementary School | 4 miles | PK-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 118 Margo Lane, Statesville NC | 0 mi | $410,000 | days | |
| 112 Canada Drive, Statesville NC | 0.1 mi | $450,000 | days | |
| 138 Margo Lane, Statesville NC | 0.1 mi | $499,000 | days | |
| 105 Fox Tail Court, Statesville NC | 0.1 mi | $468,500 | days | |
| 112 Jana Drive, Statesville NC | 0.1 mi | $420,000 | days | |
| 108 Jana Drive, Statesville NC | 0.1 mi | $309,900 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28677
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Lake Norman Realty, Inc.
118 Margo Lane, Statesville NC is a 1191 ft2 on a 0.143 acres lot. This is for $410,000. This has 5 bedrooms, 3 baths, and was built in 2017.
Based on information submitted to the MLS GRID as of 2026-04-23 11:10:37 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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