$275,000
SOLD MAY 20, 2025

140 Us 70 None E Valdese, NC 28690

3 Beds
1.5 Baths
2,035 Sq Ft
1.78 Acres

Recently Sold

$135 Per Sq Ft

8% Below List Price

61 Days on Market

Highlights

  • Ranch Style House
  • Separate Outdoor Workshop
  • 2 Car Attached Garage
  • Heritage Middle School Rated A-
  • Fireplace
  • Laundry Room

About This Home

As of May 2025

Discover this charming brick ranch home offering the perfect blend of residential comfort and business potential with its unique highway business zoning. The home features 3 bedrooms and 1.5 bathrooms. A standout feature is the double attached garage, complemented by a free-standing workshop - perfect for hobbyists or small business owners.Step down into the basement - whether you're looking for storage, a potential home gym, or future living space, the possibilities are endless. Convenience is key with UNC Health Blue Ridge - just minutes away, and a local favorite - JD's Smokehouse practically around the corner for those barbecue cravings. Nature enthusiasts will appreciate being just a short drive from Lake Rhodhiss, offering year-round weekend enjoyment!Don't miss the opportunity to own this well-maintained brick construction that combines the best of residential living with business potential - offering a large lot size with access from 2 separate roads!

Last Agent to Sell the Property

Jonisha Vance

Broadpoint Real Estate Group Brokerage Email: jonisha@broadpointrealestate.com License #347715 Listed on: 02/03/2025

Co-Listed By

Kevin Nadeau

Broadpoint Real Estate Group Brokerage Email: jonisha@broadpointrealestate.com License #251903

Last Buyer's Agent

Amy Fender

C Shane Cook & Associates License #357232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1951

Lot Details

  • Level Lot
  • Property is zoned H-B

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Fireplace
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2743946008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1951
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.14
  • Geocode Confidence: High
  • Attribution Contact: jonisha@broadpointrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2035
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 941
  • Sq Ft Unheated Total: 941
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Above Grade Finished Sq Ft: 2035
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Partial, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2035
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Outbuilding, Shed(s), Workshop

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 672
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • 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: Level
  • Lot Size Area: 1.78
  • Lot Size Units: Acres
  • Parcel Number: 2743946008
  • ResoLotSizeUnits: Acres
  • Zoning Specification: H-B

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
May 20, 2025
Sold by
James I Elderman Separate Trust and Elderman Dejames I
Bought by
Cushman Chevy
Seller's Agent
Jonisha Vance
Broadpoint Real Estate Group
Buyer's Agent
Amy Fender
C Shane Cook & Associates
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.35%
Original Mortgage
$275,000
Outstanding Balance
$275,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$13,412

Purchase Details

Closed on
May 27, 2022
Sold by
James I Elderman And Doris T Elderman Re
Bought by
James I Elderman And Doris T Elderman Declara

Purchase Details

Closed on
Feb 7, 2012
Sold by
Elderman James I and Elderman Doris D
Bought by
Elderman James I and Elderman Doris T
Source: Public Records

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Range of Values:

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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 $275,000 None Listed On Document
Warranty Deed -- Beyer Richard W
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $275,000 -5.1% $135 / Sq Ft
03/05/2025 03/05/25 Price Changed $289,900 -3.4% $142 / Sq Ft
02/03/2025 02/03/25 For Sale $300,000 -- $147 / 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 $1,954 $280,614 $34,803 $245,811
2023 $1,954 $280,614 $34,803 $245,811
2022 $1,109 $128,328 $26,772 $101,556
2021 $1,103 $128,328 $26,772 $101,556
2020 $1,099 $128,328 $26,772 $101,556
2019 $1,099 $128,328 $26,772 $101,556
2018 $1,090 $127,285 $26,772 $100,513
2017 $1,027 $119,658 $26,772 $92,886
2016 $992 $119,658 $26,772 $92,886
2015 $989 $119,658 $26,772 $92,886
2014 $988 $119,658 $26,772 $92,886
2013 $988 $119,658 $26,772 $92,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4216056

Canopy MLS (Canopy Realtor® Association)

APN: 11661