NOT LISTED FOR SALE

1380 Malcolm Blvd Connellys Springs, NC 28612

Estimated Value: $135,000 - $334,000

2 Beds
2 Baths
1,680 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $89,900 $54 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,517/month

6 Days on Market

Highlights

  • 1.27 Acre Lot
  • Living Room with Fireplace
  • Ranch Style House
  • Heritage Middle School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of October 2020

Excellent location close to Lake Rhodhiss and boating access area. Rutherford College with easy access to I-40, Hickory, Morganton and Lenoir. Hardwood trees provided plenty of shade. The sidewalk in front of the home goes all the way to the intersection with Hwy 70 for your walking exercise. Tax information indicates 2 bedrooms. Agent has no records of septic permits. Ceiling damage in bedroom from prior roof leakage. Seller has installed new roof and paid in full. $29,000 PRICE REDUCTION! Needs some updates and TLC.

Last Agent to Sell the Property

Jim Brinkley

Brinkley and Associates Brokerage Email: brinkjb@aol.com License #23739 Listed on: 07/17/2020

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE License #103382

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1947

Lot Details

  • 1.27 Acre Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-20

Home Design

  • Ranch Style House
  • Composition Roof
  • Asbestos

Interior Spaces

  • Living Room with Fireplace
  • Tile Flooring
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Garage
  • Basement Garage
  • Driveway

Outdoor Features

  • Shed
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2754120621

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1947
  • Restrictions: N/A
  • Restrictions Description: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 53.51
  • Attribution Contact: brinkjb@aol.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Main Level Sq Ft: 1680
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 560
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Gas Water Heater
  • Above Grade Finished Sq Ft: 1680
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1680
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Asbestos
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Features: Paved, Rolling Slope, Wooded
  • Lot Size Area: 1.27
  • Lot Size Units: Acres
  • Parcel Number: 2754120621
  • Zoning: R-20
  • Development Status: Completed
  • Lot Size Acres: 1.27
  • Lot Size Sq Ft: 55321
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-20

Green Features

  • Green Verification Count: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 10, 2020
Sold by
Schapp Laura P
Bought by
Bassett Michael and Dawkins Kimberly
Seller's Agent
Jim Brinkley
Brinkley and Associates
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$262,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,573
Avg. Annual Appreciation
25.35%
Original Mortgage
$122,010
Outstanding Balance
$109,498
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$161,869
Source: Public Records

Range of Values:

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Average Value
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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
Bassett Michael -- None Available
Bassett Michael $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Michael $50,000
Open Bassett Michael $122,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $89,900 0.0% $54 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $89,900 -- $54 / 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 $1,416 $199,676 $27,991 $171,685
2023 $1,416 $199,676 $27,991 $171,685
2022 $1,008 $115,810 $20,429 $95,381
2021 $819 $92,865 $20,429 $72,436
2020 $742 $83,794 $20,429 $63,365
2019 $742 $83,794 $20,429 $63,365
2018 $725 $81,668 $21,514 $60,154
2017 $723 $81,668 $21,514 $60,154
2016 $698 $81,668 $21,514 $60,154
2015 $695 $81,668 $21,514 $60,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3641962

Canopy MLS (Canopy Realtor® Association)

APN: 12725