NOT LISTED FOR SALE

2901 Powell Drive Extension Valdese, NC 28690

Estimated Value: $188,000 - $265,000

3 Beds
1 Bath
1,344 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $40,000 $30 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $1,280/month

58 Days on Market

Highlights

  • Cottage
  • Heritage Middle School Rated A-
  • Carpet

About This Home

As of March 2013

HUD case #387-081352.FHA Insured dinancing AS-IS with no necessary repairs.Purchase this home for only $100 DOWN!!See agent for details.Great 3 bedroom 1 bath home in convenient location just outside Valdese NC.Single level living floorplan includes a formal living room,huge family room,large eat-in kitchen, and 3 oversized bedrooms.Partial basement offers all the storage you will ever need...but just in case there is an outbuilding behind home.3 acres with a mountain view and move-in condition make this a MUST SEE!!Home sold AS-IS/WHERE-IS.Seller or sellers agents make nor offer any representations or warranties as to quality or condition of home,its mechanicals,or property boundary locations.Buyer or buyers agent to verify all stats.HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin.Equal Housing Opportunity.

Last Agent to Sell the Property

Jason Dale

Hott Property LLC License #261328 Listed on: 11/28/2012

Hott Property LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 3

Home Design

  • Cottage

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2733216186

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.75472
  • Ratio Current Price By Acre: 13333.33
  • Ratio Current Price By Sq Ft: 29.76
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Room Count: 7
  • Total Sq Ft: 1344
  • Sq Ft Unheated Basement: 336
  • Sq Ft Unheated Total: 336

Exterior Features

  • Exterior Features: Building - Storage Shed/Outbuilding

Garage/Parking

  • Parking: Attached Carport

Utilities

  • Heating: Electric Hot Air, Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well

Schools

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

Lot Info

  • Lot Dimension: 264x483
  • Lot Features: Sloping, Views
  • Lot Size Area: 3.000
  • Parcel Number: 2733216186

Tax Info

  • Tax Value: 83412.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2015
Sold by
Labang Mike and Labang Mike M
Bought by
Baldridge Herman G and Baldridge Deborah Lynn
Current Estimated Value
$235,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Outstanding Balance
$62,594
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$173,258

Purchase Details

Listed on
Nov 28, 2012
Closed on
Feb 27, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Labang Mike
Seller's Agent
Jason Dale
Hott Property LLC
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$32,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
German Lana and German William
Bought by
Brittain Daniel L and Brittain Brandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,430
Interest Rate
4.95%
Mortgage Type
FHA
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
Baldridge Herman G $77,000 Attorney
Labang Mike -- None Available
Brittain Daniel L $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldridge Herman G $79,000
Previous Owner Labang Mike $32,000
Previous Owner Brittain Daniel L $43,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2013 03/05/13 Sold $40,000 0.0% $30 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $40,000 -- $30 / 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 $513 $123,982 $35,188 $88,794
2024 $906 $123,982 $35,188 $88,794
2023 $906 $123,982 $35,188 $88,794
2022 $676 $76,854 $24,438 $52,416
2021 $670 $76,854 $24,438 $52,416
2020 $666 $76,854 $24,438 $52,416
2019 $666 $76,854 $24,438 $52,416
2018 $659 $75,917 $24,438 $51,479
2017 $657 $75,917 $24,438 $51,479
2016 $640 $75,917 $24,438 $51,479
2015 $648 $75,917 $24,438 $51,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB23668

Canopy MLS (Canopy Realtor® Association)

APN: 6360