$179,900
SOLD AUG 26, 2025

1267 Margaret St NW Valdese, NC 28690

2 Beds
2 Baths
882 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

3% Above List Price

125 Days on Market

Highlights

  • New Construction
  • Laundry Room
  • Central Heating and Cooling System
  • Heritage Middle School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of August 2025

Welcome to easy, low-maintenance living in this beautifully crafted 2-bed, 2-bath single-family attached home, ideally located just moments from the charm and convenience of downtown Valdese. With 882 square feet of smartly designed space, this home offers the perfect blend of comfort and efficiency. You'll love the modern finishes throughout, including durable vinyl plank flooring, sleek stainless steel appliances, and stylish solid surface countertops. The open-concept layout maximizes every square foot, making it feel spacious and inviting.
Enjoy added privacy and outdoor enjoyment with a fully fenced backyard—perfect for pets, relaxing, or entertaining. Plus, the neighboring unit is also available for sale, making this an excellent opportunity for investors or anyone looking to live right next door to family or friends. Whether you're downsizing, buying your first home, or seeking a great rental opportunity, this move-in-ready property delivers quality, comfort, and convenience!

Last Agent to Sell the Property

Bailey Breen

True North Realty Brokerage Email: bailey@nctruenorthrealty.com License #333055 Listed on: 03/24/2025

Co-Listed By

Nolan Johnson

True North Realty Brokerage Email: bailey@nctruenorthrealty.com License #345089

Last Buyer's Agent

Bailey Breen

True North Realty Brokerage Email: bailey@nctruenorthrealty.com License #333055 Listed on: 03/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned R-8, R-8A

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Built by WR Walker Homes LLC

Listing and Financial Details

  • Assessor Parcel Number 2734709871

Home Details

Home Type

Single Family

Est. Annual Taxes

$78

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2025
  • Restrictions: Deed
  • Special Assessment Yn: 1
  • Restrictions Description: CCRs Provided in MLS attachments
  • Special Assessment Description: $200 Contribution to Maintenance Agreement due at closing
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 203.97
  • Geocode Confidence: High
  • Attribution Contact: bailey@nctruenorthrealty.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 882
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 882
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 882
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 0.125
  • Lot Size Units: Acres
  • Parcel Number: 2734709871
  • Zoning: R-8A
  • Plat Book Slide: 66/99-99
  • Plat Reference Section Pages: 66/99-99
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: R-8

Building Info

  • Builder Name: WR Walker Homes LLC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Aug 26, 2025
Sold by
Wr Walker Homes Llc
Bought by
Lucke Michael D and Lucke Ginger L
Seller's Agent
Bailey Breen
True North Realty
Buyer's Agent
Bailey Breen
True North Realty
List Price
$174,900
Sold Price
$179,900
Premium/Discount to List
$5,000
2.86%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
648.88%
Original Mortgage
$174,503
Outstanding Balance
$174,503
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$28,497
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 Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Warranty Deed $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,503 New Conventional
Closed $174,503 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Sold $179,900 +2.9% $204 / Sq Ft
07/16/2025 07/16/25 Price Changed $174,900 0.0% $198 / Sq Ft
07/16/2025 07/16/25 For Sale $174,900 -2.8% $198 / Sq Ft
06/28/2025 06/28/25 Off Market $179,900 -- --
04/23/2025 04/23/25 Price Changed $197,500 -3.7% $224 / Sq Ft
03/24/2025 03/24/25 For Sale $204,999 -- $232 / 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 $78 $8,000 $8,000 $0
2023 -- $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4238623

Canopy MLS (Canopy Realtor® Association)

APN: 65047