NOT LISTED FOR SALE

2040 Valway Rd Lenoir, NC 28645

Estimated Value: $190,000 - $271,000

2 Beds
1 Bath
1,124 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $63,000 $56 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,183/month

47 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Separate Outdoor Workshop
  • Traditional Architecture
  • Finished Attic
  • Front Porch

About This Home

As of November 2022

Unlimited possibilities for this home with 2.5 acres in a convenient location. Needs work and updates but is solid.
Dirt floor cellar/crawlspace for extra storage. Wired workshop over the large detached carport. Water source unknown but public water available at the street. No septic info recorded. 224 sq ft finished attic with low ceilings not included in HLA. Buyer or buyers agent to confirm all data. The sale of the property is made on an “As Is”, “Where Is” and “with All Faults” basis, and seller makes no warranty or representation, express or implied, or arising by operation of law, including, but not limited to, any warranty of condition, title, habitability, merchantability or fitness for a particular purpose with respect to the property or any portion thereof.

Last Agent to Sell the Property

Steve Bentley

Kelley Realty License #288997 Listed on: 09/29/2022

Last Buyer's Agent

Vicki Banditelli

C Shane Cook & Associates License #312017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1945

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Zoning described as Rural

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Permanent Attic Stairs
  • Finished Attic

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Separate Outdoor Workshop
  • Front Porch

Schools

  • Valmead Elementary School
  • William Lenoir Middle School
  • Hibriten High School

Utilities

  • Window Unit Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-224-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1945
  • Ratio Current Price By Acre: 25403.23
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 56.05
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, See Remarks
  • Fireplace: Yes
  • Flooring: Linoleum, Wood
  • Interior Amenities: Attic Finished, Attic Stairs Fixed
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1124
  • 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: 224
  • Sq Ft Unheated Upper: 224
  • Sq Ft Upper: 0
  • Porch: Back,Front
  • Appliances: None
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1124
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Workshop
  • New Construction: No
  • Roof: Composition
  • Tax Location: Lenoir
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Window Unit(s), None
  • Sewer: Septic Installed, Other
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well, Other

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: William Lenoir
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-224-1-5
  • Zoning Description: Rural
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.07509

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Valmead
  • High School: Hibriten

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Arias Comacho Arturo and Arias Camacho Arturo
Bought by
Gilbraith Cynthia and Gilbraith Tyler
Current Estimated Value
$218,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,980
Outstanding Balance
$191,423
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$27,257

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 27, 2022
Sold by
Towd Point Mortgage Trust 2017-3
Bought by
Arias Comacho Arturo and Urena Mora Teresita
Seller's Agent
Steve Bentley
Kelley Realty
Buyer's Agent
Vicki Banditelli
C Shane Cook & Associates
List Price
$63,000
Sold Price
$63,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.41%

Purchase Details

Closed on
Jul 7, 2022
Sold by
Ingle Law Firm Pa
Bought by
Towd Point Mortgage Trust

Purchase Details

Closed on
Aug 4, 2021
Sold by
Firstkey Mortgage Llc
Bought by
U S Bank National Association and Towd Point Mortgage Trust
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
Gilbraith Cynthia $198,000 None Listed On Document
Gilbraith Cynthia $198,000 None Listed On Document
Arias Comacho Arturo $63,000 Servicelink
Arias Comacho Arturo $63,000 Servicelink
Towd Point Mortgage Trust $56,000 None Listed On Document
U S Bank National Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbraith Cynthia $196,980
Closed Gilbraith Cynthia $196,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $63,000 0.0% $56 / Sq Ft
09/29/2022 09/29/22 For Sale $63,000 -- $56 / 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
2025 $387 $131,700 $29,800 $101,900
2024 $387 $58,600 $25,300 $33,300
2023 $387 $58,600 $25,300 $33,300
2022 $719 $58,600 $25,300 $33,300
2021 $719 $58,600 $25,300 $33,300
2020 $404 $61,300 $25,200 $36,100
2019 $404 $61,300 $25,200 $36,100
2018 $765 $61,300 $0 $0
2017 $765 $61,300 $0 $0
2016 $409 $61,300 $0 $0
2015 $741 $61,300 $0 $0
2014 $741 $61,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3909148

Canopy MLS (Canopy Realtor® Association)

APN: 09224-1-5