NOT LISTED FOR SALE

1562 Us 70 W Valdese, NC 28690

Estimated Value: $218,000 - $226,000

2 Beds
1 Bath
952 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $165,000 $173 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,325/month

49 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Bungalow
  • Heritage Middle School Rated A-
  • Storage Room
  • Tile Flooring

About This Home

As of August 2022

Great opportunity for this updated 2BR 1 Bath bungalow with approx 2.68 acres. Home also has 2 bedrooms upstairs but they are not heated or counted in Square footage. New thermal windows, new carpet, new paint and convenient to both Hickory and Morganton. Gently rolling land plus 2nd structure which would make great storage building or workshop.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/05/2022

Coldwell Banker Newton RE

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/05/2022

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1940

Lot Details

  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned B2, Drexel

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Laundry Room
  • Tile Flooring
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2723876953, 8541

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,172

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1940
  • Ratio Current Price By Acre: 61567.16
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 173.32
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Storage Unit
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 952
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 476
  • Sq Ft Unheated Upper: 476
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 952
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Storage
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

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

Utilities

  • Heating: Oil
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Paved, Wooded
  • Lot Size Area: 2.68
  • Lot Size Units: Acres
  • Parcel Number: 2723876953, 8541
  • Plat Reference Section Pages: REID#24694
  • Lot Size: irreg
  • Additional Parcels Description: 2723876593
  • Zoning Description: Drexel
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.50629

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jul 27, 2022
Sold by
Shuping Dorothy C
Bought by
Blankenship Ann Mare
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$159,500
Sold Price
$165,000
Premium/Discount to List
$5,500
3.45%
Views
2
Current Estimated Value
$224,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,154
Avg. Annual Appreciation
11.30%
Original Mortgage
$168,686
Outstanding Balance
$162,113
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$64,660

Purchase Details

Closed on
Dec 18, 2015
Sold by
Shuping Dorothy C
Bought by
Carballido Bonfilio

Purchase Details

Closed on
Apr 14, 2005
Sold by
Carter Margarette Pauline S and Carter Robert Lee
Bought by
Shuring Dorothy C
Source: Public Records

Range of Values:

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Average Value
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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
Blankenship Ann Mare $165,000 Hodges Robert E
Carballido Bonfilio -- Attorney
Shuring Dorothy C $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Ann Mare $168,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $165,000 +3.4% $173 / Sq Ft
07/05/2022 07/05/22 For Sale $159,500 -- $168 / 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 $1,172 $164,187 $22,570 $141,617
2023 $1,172 $164,187 $22,570 $141,617
2022 $554 $61,101 $28,333 $32,768
2021 $548 $61,101 $28,333 $32,768
2020 $544 $61,101 $28,333 $32,768
2019 $544 $61,101 $28,333 $32,768
2018 $540 $60,520 $28,333 $32,187
2017 $538 $60,520 $28,333 $32,187
2016 $524 $60,520 $28,333 $32,187
2015 $521 $60,520 $28,333 $32,187
2014 $519 $60,520 $28,333 $32,187
2013 $519 $60,520 $28,333 $32,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879587

Canopy MLS (Canopy Realtor® Association)

APN: 24694