NOT LISTED FOR SALE

2704 Powell Drive Extension Valdese, NC 28690

Estimated Value: $250,000 - $285,000

3 Beds
1 Bath
1,250 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $40,627 $33 Per Sq Ft

Est. 549% increase in value since last sale

Current estimated payment $1,493/month

213 Days on Market

Highlights

  • Cottage
  • Heritage Middle School Rated A-
  • Vinyl Flooring

About This Home

As of July 2017

VERY AFFORDABLE cute and cozy 3 bedroom 1 bath cottage situated on 1.26 acres just outside Valdese NC. Close to I-40 and just a short drive to either Morganton or Hickory NC. The single level home has a living room and a large family room, eat-in kitchen, 3 good sized bedrooms, and a full bathroom with laundry hook-ups. Home has had some updated including vinyl siding and replacement windows. Large building on property that appears to have been used as apartment at some time. Property is owned by US Dept of HUD and is sold AS-IS/WHERE-IS with all faults. Buyer or buyers agent to verify all stats. HUD Case#381-786303. Purchase this home using FHA Financing with ALMOST NO MONEY DOWN! See your agent for details. Property is eligible for FHA Insured(IN) financing pending updated appraisal. Seller will contribute up to 3% of purchase price for buyers closing costs if requested with offer submission. EQUAL HOUSING OPPORTUNITY

Last Agent to Sell the Property

Jason Dale

Hott Property LLC License #261328 Listed on: 12/13/2016

Hott Property LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 1.26

Home Design

  • Cottage
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2733238075

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00000
  • Ratio Current Price By Acre: 32243.65
  • Ratio Current Price By Sq Ft: 32.50
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Equipment: Exhaust Fan, Washer Connection
  • Flooring: Vinyl
  • Room Count: 7
  • Total Sq Ft: 1250

Exterior Features

  • Construction: Vinyl
  • Exterior Features: Building - Storage Shed/Outbuilding

Utilities

  • Heating: Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Sloping
  • Lot Size Area: 1.260
  • Parcel Number: 2733238075

Tax Info

  • Tax Value: 47038.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Ann Hendrix Mary
Bought by
Hendrix Mary Ann
Current Estimated Value
$263,792

Purchase Details

Closed on
Sep 10, 2018
Sold by
Shook Mary Craig and Hendrix Mary Ann
Bought by
Hendrix Mary Ann

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jul 28, 2017
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Shook Mary Craig
Seller's Agent
Jason Dale
Hott Property LLC
List Price
$40,627
Sold Price
$40,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.49%
Original Mortgage
$30,627
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 9, 2016
Sold by
Dell William R O and Dell Patricia A O
Bought by
Wells Fargo Bank Na
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
Hendrix Mary Ann $500 Mcmurray-Russ Martha
Hendrix Mary Ann $500 Mcmurray-Russ Martha
Hendrix Mary Ann -- None Available
Shook Mary Craig -- Attorney
Secretary Of Housing & Urban Development -- Attorney
Wells Fargo Bank Na $61,250 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shook Mary Craig $30,627
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $40,627 0.0% $33 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $40,627 -- $33 / 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 $1,325 $188,262 $20,067 $168,195
2024 $1,331 $188,262 $20,067 $168,195
2023 $1,331 $188,262 $20,067 $168,195
2022 $1,040 $123,970 $13,988 $109,982
2021 $431 $45,911 $13,988 $31,923
2020 $615 $70,261 $13,988 $56,273
2019 $615 $70,261 $13,988 $56,273
2018 $597 $67,943 $14,479 $53,464
2017 $595 $67,943 $14,479 $53,464
2016 $422 $47,038 $16,322 $30,716
2015 $419 $47,038 $16,322 $30,716
2014 $417 $47,038 $16,322 $30,716
2013 $417 $47,038 $16,322 $30,716
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jason Dale

    Hott Property LLC

    (828) 499-4688

    45 Total Sales

    Jason Dale
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB29972

Canopy MLS (Canopy Realtor® Association)

APN: 1028

North Carolina Burke County Valdese 28690

2704 Powell Drive Extension, Valdese, NC

This home is located at 2704 Powell Drive Extension, Valdese, NC 28690 since 13 December 2016 and is currently estimated at $263,792, approximately $211 per square foot. This property was built in 1951. 2704 Powell Drive Extension is a home located in Burke County with nearby schools including Valdese Elementary School, Heritage Middle School, and Jimmy C. Draughn High School.

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