NOT LISTED FOR SALE

1694 Falls Rd NW Valdese, NC 28690

Estimated Value: $285,000 - $349,000

3 Beds
2 Baths
1,952 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $167,000 $86 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,748/month

13 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Storage Room
  • Heritage Middle School Rated A-
  • Walk-In Closet
  • Level Lot

About This Home

As of September 2020

Must see this spacious 3 or 4 BR, 2 bath brick/vinyl home and mostly level .54 acre lot with fenced back yard great for kids or animals to enjoy. Home features many updates including metal roof, split bedroom layout w/large Master Bedroom and master bath. Open kitchen w/enough room for entire family, lots of cabinets plus large family room, home office plus full basement for storage or play area for kids. Convenient to Morganton and Hickory plus home carries 1 year home warranty. Only $172,500

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/23/2020

Coldwell Banker Newton RE

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.54

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Storage Room

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2734638775

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96812
  • Ratio Close Price By Original Li: 0.96812
  • Ratio Current Price By Acre: 309259.26
  • Ratio Current Price By Sq Ft: 85.55
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Electric Range, Refrigerator
  • Flooring: Tile, Vinyl Plank, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 1952
  • Total Sq Ft: 1952
  • Sq Ft Unheated Basement: 1242
  • Sq Ft Unheated Total: 1242

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Storage Unit

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Drexel/Burton
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Level, Paved Frontage
  • Lot Size Area: 0.540
  • Parcel Number: 2734638775
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 158478.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 8, 2020
Sold by
Pittman Keith W and Pittman Karen P
Bought by
Marchand Jeffrey S and Childers Iris D
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$172,500
Sold Price
$167,000
Premium/Discount to List
-$5,500
-3.19%
Current Estimated Value
$297,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,251
Avg. Annual Appreciation
12.37%
Original Mortgage
$169,000
Outstanding Balance
$155,153
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$141,315
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
Marchand Jeffrey S $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchand Jeffrey S $169,000
Previous Owner Pittman Keith W $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $167,000 -3.2% $86 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $172,500 -- $88 / 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 $1,446 $205,805 $20,317 $185,488
2023 $1,446 $205,805 $20,317 $185,488
2022 $1,318 $159,845 $20,317 $139,528
2021 $1,312 $159,845 $20,317 $139,528
2020 $1,297 $158,478 $20,317 $138,161
2019 $1,297 $158,478 $20,317 $138,161
2018 $879 $104,361 $20,317 $84,044
2017 $877 $104,361 $20,317 $84,044
2016 $856 $104,361 $20,317 $84,044
2015 $853 $104,361 $20,317 $84,044
2014 $852 $104,361 $20,317 $84,044
2013 $852 $104,361 $20,317 $84,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3644007

Canopy MLS (Canopy Realtor® Association)

APN: 14688