NOT LISTED FOR SALE

1016 Orchard St SW Valdese, NC 28690

Estimated Value: $167,000 - $213,000

3 Beds
1 Bath
1,072 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $87,000 $81 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,137/month

41 Days on Market

Highlights

  • Cottage
  • Shed
  • Storm Doors
  • Heritage Middle School Rated A-
  • Tile Flooring

About This Home

As of February 2019

Three bedroom, 1 bath bungalow style home. Laminate flooring. Ceramic tile kitchen counter tops. New metal roof. Range, hood, refrigerator, washer and dryer all stay. Double metal carport. Detached storage buildings. Partial basement with laundry area. Enclosed porch off basement. Large 0.58 acre lot.

Last Agent to Sell the Property

Barry Zimmerman

Zimmerman Realty License #152580 Listed on: 12/04/2018

Last Buyer's Agent

Kamie Pitts

RE/MAX A-Team License #304865

RE/MAX A-Team

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.58

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Asbestos Siding

Flooring

  • Carpet
  • Laminate
  • Tile

Additional Features

  • 1 Full Bathroom
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 2733722505

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98864
  • Ratio Close Price By Original Li: 0.94054
  • Ratio Current Price By Acre: 150000.00
  • Ratio Current Price By Sq Ft: 81.16
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Brick
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Ceiling Fan(s), Dryer, Electric Range, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1072
  • Total Sq Ft: 1072
  • Sq Ft Unheated Basement: 749
  • Sq Ft Unheated Total: 749

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Valdese
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Dimension: 177x150x156x150
  • Lot Features: Sloping
  • Lot Size Area: 0.580
  • Parcel Number: 2733722505
  • Zoning Specification: Valdese

Tax Info

  • Tax Value: 84950.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Feb 27, 2019
Sold by
Som Xaysana and Xaysana Lanie
Bought by
Wildrop Russell Logan and Wildrop Paylor Renee
Seller's Agent
Barry Zimmerman
Zimmerman Realty
Buyer's Agent
Kamie Pitts
RE/MAX A-Team
List Price
$92,500
Sold Price
$87,000
Premium/Discount to List
-$5,500
-5.95%
Current Estimated Value
$197,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,186
Avg. Annual Appreciation
13.05%
Original Mortgage
$89,000
Outstanding Balance
$78,973
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$118,213

Purchase Details

Closed on
Oct 24, 2014
Sold by
Xaysana Som and Saysana Lanie
Bought by
Xaysana Som and Xaysana Lanie

Purchase Details

Closed on
Apr 17, 2014
Sold by
Shook Timothy W and Shook Mary C
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 10, 2012
Sold by
Shook Timothy W
Bought by
Shook Mary W

Purchase Details

Closed on
Apr 14, 2010
Sold by
Keever Bennie Sue
Bought by
Shook Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
4.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wildrop Russell Logan $87,000 None Available
Xaysana Som -- None Available
Branch Banking & Trust Company $62,050 None Available
Shook Mary W -- None Available
Shook Timothy W $80,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wildrop Russell Logan $89,000
Previous Owner Shook Timothy W $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2019 02/27/19 Sold $87,000 -1.1% $81 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $88,000 -4.9% $82 / Sq Ft
12/04/2018 12/04/18 For Sale $92,500 +92.7% $86 / Sq Ft
07/31/2014 07/31/14 Sold $48,000 -4.0% $45 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $50,000 -- $47 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,231 $116,896 $14,245 $102,651
2024 $1,233 $116,896 $14,245 $102,651
2023 $1,345 $116,896 $14,245 $102,651
2022 $634 $79,426 $11,100 $68,326
2021 $628 $79,426 $11,100 $68,326
2020 $624 $79,426 $11,100 $68,326
2019 $624 $79,426 $11,100 $68,326
2018 $596 $75,401 $11,100 $64,301
2017 $594 $75,401 $11,100 $64,301
2016 $579 $75,652 $11,100 $64,552
2015 $576 $75,652 $11,100 $64,552
2014 $627 $83,244 $15,743 $67,501
2013 $627 $83,244 $15,743 $67,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3456736

Canopy MLS (Canopy Realtor® Association)

APN: 13054