NOT LISTED FOR SALE

Estimated Value: $521,000 - $1,792,947

51.06 Acres
$23,893 Price per Acre
2,224,174 Sq Ft Lot

Sale Details

Date Sold: July 8, 2019

Last sale price $293,000

Est. 305% increase in value since last sale

Current estimated payment $7,211 / mo

3 Days on Market

Highlights

  • Barn
  • Creek On Lot
  • Front Green Space
  • Heritage Middle School Rated A-
  • Wooded Lot
  • Pasture

About This Lot

As of July 2019

51 acre farm with McGAlliard Creek running through the property. 2 small older farm homes, large fenced pastures, 100x30 metal roofed pole barn and room for all your animals. Enjoy this peaceful country setting with views of the South Mountains and just minutes to Valdese, Morganton or I-40. City water and separate septics for each home. Smaller home is 2BR/1BA with LR, kitchen and large covered porch. Large, second home is also 2BR/1BA with LR, kitchen and some updates made. Live in one while renovating or rent one out. Beautiful rolling, fenced pasture land and great barn for animals.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 05/24/2019

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Mike Kelly Jr.

Better Homes and Gardens Real Estate Foothills License #249439

Better Homes and Gardens Real Estate Foothills

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Wooded Lot

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Additional Features

  • Crawl Space
  • Creek On Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2733492304/2733596348

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Farm
  • Ratio Close Price By List Price: 0.98653
  • Ratio Close Price By Original Li: 0.98653
  • Ratio Current Price By Acre: 5738.35
  • Restrictions: No Restrictions
  • Habitable Residence Yn: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Barn(s), Feed Barn, Fenced Pasture

Utilities

  • Sewer: Septic Installed
  • Water: City Water

Lot Info

  • Lot Features: Creekfront, Flood Fringe Area, Green Area, Long Range View, Pasture, Stream/Creek, Views, Wooded
  • Parcel Number: 2733492304/2733596348
  • Zoning Specification: Burke
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 201385.00
  • Tax Location: Burke

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 3, 2019
Sold by
Lee Vicong Pao
Bought by
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Mike Kelly Jr.
Better Homes and Gardens Real Estate Foothills
List Price
$297,000
Sold Price
$293,000
Premium/Discount to List
-$4,000
-1.35%
Current Estimated Value
$1,186,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,385
Avg. Annual Appreciation
22.01%
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 2016
Sold by
Joe K Byrd Llc
Bought by
Lee Vicong Pao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,400
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Valdese, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$297,000 None Available
Lee Vicong Pao $230,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $876,060
Closed Fonfara Covington Mark Andrew $200,000
Previous Owner Lee Vicong Pao $183,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $293,000 -1.3% --
05/27/2019 05/27/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $297,000 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,985 $1,327,875 $185,808 $1,142,067
2024 $6,531 $1,099,171 $185,808 $913,363
2023 $6,485 $1,108,819 $195,456 $913,363
2022 $618 $169,074 $145,972 $23,102
2021 $567 $164,011 $145,972 $18,039
2020 $732 $186,481 $145,972 $40,509
2019 $941 $213,534 $145,972 $67,562
2018 $845 $201,385 $145,972 $55,413
2017 $841 $0 $0 $0
2016 $947 $199,121 $145,972 $53,149
2015 $941 $199,121 $145,972 $53,149
2014 $939 $199,121 $145,972 $53,149
2013 $939 $199,121 $145,972 $53,149
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: CAR3511635

Canopy MLS

APN: 2098

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