$258,000
SOLD JUN 5, 2025

2969 Orchid Ln Unit A & B Valdese, NC 28690

4 Beds
2 Baths
2,184 Sq Ft
0.58 Acres

Recently Sold

$118 Per Sq Ft

21% Below List Price

118 Days on Market

Highlights

  • Four Sided Brick Exterior Elevation
  • 2 Car Garage
  • Wood Siding
  • Drexel Elementary School Rated 9+

About This Home

As of June 2025

This newly renovated duplex in Burke County is a fantastic opportunity for homeowners and investors alike. Set on .58 acres with a large, tree-lined backyard, the property features two units, each with a single-vehicle garage. The layout includes a living room, kitchen, and dining area on the ground floor, with two bedrooms and a bathroom upstairs. Buyers can live in one unit while renting out the other, potentially halving their mortgage payment, or rent both units for a steady income. Essential utilities like city water, high-speed internet, and trash pickup are available, and the property offers easy access to I-40, making commutes to Morganton, Hickory, and Asheville convenient.Recent updates completed in 2024 include a new metal roof, oversized gutters, vinyl siding, new HVAC units, and a stylish interior remodel with tile flooring and new appliances. This move-in-ready duplex is perfect for personal living or investment. Schedule a visit today to explore this opportunity.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: greg@fontaflorarealty.com License #147122 Listed on: 12/26/2024

Last Buyer's Agent

Brandon Archambault

CENTURY 21 Connected License #355554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1972

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,184 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2713959698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,477

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Road Surface Type: Dirt, Gravel
  • Geocode Confidence: High
  • Attribution Contact: greg@fontaflorarealty.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Appliances: Electric Range, Exhaust Fan, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 2184
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2184
  • Building Stories: 2
  • Unit Type Features: Open Floorplan

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full, Vinyl, Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Common Area
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.58
  • Lot Size Units: Acres
  • Parcel Number: 2713959698
  • Plat Book Slide: 5/1
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Jun 5, 2025
Sold by
Jibby Investments 2969 Llc
Bought by
1450 Maryland Llc
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
Brandon Archambault
CENTURY 21 Connected
List Price
$325,000
Sold Price
$258,000
Premium/Discount to List
-$67,000
-20.62%
Views
53
Current Estimated Value
$260,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,978
Avg. Annual Appreciation
4.04%
Original Mortgage
$206,400
Outstanding Balance
$205,870
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$55,108

Purchase Details

Closed on
Mar 28, 2025
Sold by
Foster Beverly C
Bought by
Jibby Investments 2969 Llc

Purchase Details

Closed on
Feb 1, 2024
Sold by
Sidigi Khaja F
Bought by
Jibby Investments 2969 Llc

Purchase Details

Closed on
Nov 27, 2023
Sold by
Smith Lillian Marie and Cantrell Mariah J
Bought by
Sidiqi Khaja Fahim

Purchase Details

Closed on
Oct 5, 2023
Sold by
Cantrell Jordan Marquis and Smith Lillian Marie
Bought by
Smith Lillian Marie and Cantrell Mariah J

Purchase Details

Closed on
Sep 20, 2023
Sold by
Cantrell Jordan Marquis
Bought by
Cantrell Jordan Marquis and Smith Lillian Marie

Purchase Details

Closed on
Dec 18, 2015
Sold by
Shay Michael R and Shay Kasi
Bought by
Foster Beverly C

Purchase Details

Closed on
May 19, 2008
Sold by
The Heirs Of Virginia Brooks Brown
Bought by
Shay Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,285
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $258,000 None Listed On Document
Warranty Deed $258,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $5,000 None Listed On Document
Quit Claim Deed $5,000 None Listed On Document
Warranty Deed $10,000 None Listed On Document
Warranty Deed $10,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $106,000 Attorney
Warranty Deed $111,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,400 New Conventional
Closed $206,400 New Conventional
Previous Owner $104,030 FHA
Previous Owner $109,285 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $258,000 -2.6% $118 / Sq Ft
02/05/2025 02/05/25 Price Changed $265,000 -11.1% $121 / Sq Ft
01/15/2025 01/15/25 Price Changed $298,000 -8.3% $136 / Sq Ft
12/26/2024 12/26/24 For Sale $325,000 -- $149 / 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 $1,477 $197,074 $28,560 $168,514
2023 $1,477 $197,074 $28,560 $168,514
2022 $1,120 $123,713 $24,000 $99,713
2021 $1,108 $123,713 $24,000 $99,713
2020 $1,100 $123,713 $24,000 $99,713
2019 $1,100 $123,713 $24,000 $99,713
2018 $947 $103,938 $24,000 $79,938
2017 $943 $103,938 $24,000 $79,938
2016 $929 $105,354 $24,000 $81,354
2015 $923 $105,354 $24,000 $81,354
2014 $920 $105,354 $24,000 $81,354
2013 $920 $105,354 $24,000 $81,354
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4206276

Canopy MLS (Canopy Realtor® Association)

APN: 3128