NOT LISTED FOR SALE

112 Lady Slipper Ln SW Valdese, NC 28690

Estimated Value: $206,000 - $234,000

2 Beds
2 Baths
1,036 Sq Ft
1,307 Sq Ft Lot

Last Sold June 24, 2020

Last sale price $121,500 $117 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,331/month

70 Days on Market

About This Home

As of June 2020

Great townhouse in Morgan Trace priced below tax value! With an efficient layout, this home maximizes living space for your life's ever changing needs. Step inside to an open concept living and dining area. This area has elevated ceilings and built in's tucked away for storage or decor. Through the sliding glass doors you'll find a private covered patio for relaxing and drinking coffee or enjoying an evening outdoors. Back inside is a galley style kitchen with tons of counter space. Privately tucked away in the rear of the home is a large master suite with en suite bath room and two closets. Finishing off the home is the hall bathroom and guest bedroom. Morgan Trace is located a short distance from shopping and dining in downtown Valdese and just a few short minutes from I-40.

Last Agent to Sell the Property

Sara Black

RE/MAX Southern Lifestyles License #C27960 Listed on: 02/27/2020

RE/MAX Southern Lifestyles

Last Buyer's Agent

Saralyn Maiella

Horizon Realty Associates LLC License #289249

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 1,307

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 2733464718

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97278
  • Ratio Close Price By Original Li: 0.97278
  • Ratio Current Price By Acre: 4050000.00
  • Ratio Current Price By Sq Ft: 117.28
  • Unit Floor Level: 1
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1036
  • Total Sq Ft: 1036

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.030
  • Parcel Number: 2733464718
  • Plat Book Slide: 27/137
  • Zoning Specification: Valdese

Tax Info

  • Tax Value: 126825.00
  • Tax Location: Valdese

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Cooper Christopher Blair
Bought by
Cannon Angela Carole
Current Estimated Value
$218,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$119,526
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$99,002

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 19, 2020
Sold by
Messick Melonie B
Bought by
Cooper Christopher Blair
Seller's Agent
Sara Black
RE/MAX Southern Lifestyles
Buyer's Agent
Saralyn Maiella
Horizon Realty Associates LLC
List Price
$124,900
Sold Price
$121,500
Premium/Discount to List
-$3,400
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$121,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Mccampbell Roy
Bought by
Messick Patrick S and Messick Melonie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2005
Sold by
Russell Creek Development Company Llc
Bought by
Mccampbell Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
5.69%
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
Cannon Angela Carole $155,000 None Available
Cooper Christopher Blair $122,000 None Available
Messick Patrick S $101,000 None Available
Mccampbell Roy $102,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Angela Carole $50,000
Open Cannon Angela Carole $130,000
Previous Owner Cooper Christopher Blair $121,500
Previous Owner Messick Patrick S $90,000
Previous Owner Mccampbell Roy $87,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $121,500 -2.7% $117 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $124,900 0.0% $121 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $124,900 -- $121 / 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
2024 $1,700 $164,861 $25,000 $139,861
2023 $1,860 $164,861 $25,000 $139,861
2022 $981 $129,320 $25,000 $104,320
2021 $975 $129,320 $25,000 $104,320
2020 $953 $126,825 $25,000 $101,825
2019 $953 $126,825 $25,000 $101,825
2018 $812 $106,487 $17,400 $89,087
2017 $810 $106,487 $17,400 $89,087
2016 $789 $106,487 $17,400 $89,087
2015 $786 $106,487 $17,400 $89,087
2014 $785 $106,487 $17,400 $89,087
2013 $785 $106,487 $17,400 $89,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3596630

Canopy MLS (Canopy Realtor® Association)

APN: 58622