NOT LISTED FOR SALE

301 Lovelady Rd NE Valdese, NC 28690

Estimated Value: $239,000 - $330,077

3 Beds
1.5 Baths
1,632 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $148,000 $91 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,784/month

6 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Attached Garage
  • Heritage Middle School Rated A-
  • Fireplace
  • Vinyl Flooring

About This Home

As of June 2020

Over 1600 square feet one level ranch with full basement. on 3,85 acres. Home needs some minor repairs and updates; however, it is priced to sell. Attached 2 car garage and separate garage into basement.

Last Agent to Sell the Property

Jim Brinkley

Brinkley and Associates License #23739 Listed on: 04/10/2020

Last Buyer's Agent

Barry Zimmerman

Zimmerman Realty License #152580

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Corner Lot
  • Cleared Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace
  • Vinyl Flooring
  • Oven

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11915

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92558
  • Ratio Close Price By Original Li: 0.92558
  • Ratio Current Price By Acre: 38441.56
  • Ratio Current Price By Sq Ft: 90.69
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Block
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Available
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1632
  • Total Sq Ft: 1632
  • Sq Ft Unheated Basement: 1632

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Baseboard Hot Water Heat, Central Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Area: 3.850
  • Parcel Number: 11915
  • Zoning Specification: R8

Tax Info

  • Tax Value: 133964.00
  • Tax Location: Valdese

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 4, 2020
Sold by
Franklin William Earl and Burton Debra Franklin
Bought by
Lutchman Elisha J and Lutchman Amy L
Seller's Agent
Jim Brinkley
Brinkley and Associates
Buyer's Agent
Barry Zimmerman
Zimmerman Realty
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%
Current Estimated Value
$288,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,972
Avg. Annual Appreciation
13.31%
Original Mortgage
$148,200
Outstanding Balance
$135,322
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$147,806
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
Lutchman Elisha J $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutchman Elisha J $148,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $148,000 -7.4% $91 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $159,900 -- $98 / 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 $2,423 $238,947 $45,212 $193,735
2023 $2,657 $238,947 $45,212 $193,735
2022 $1,051 $139,371 $33,909 $105,462
2021 $1,045 $139,371 $33,909 $105,462
2020 $578 $133,964 $33,909 $100,055
2019 $578 $133,964 $33,909 $100,055
2018 $555 $127,371 $33,909 $93,462
2017 $554 $127,371 $33,909 $93,462
2016 $541 $127,371 $33,909 $93,462
2015 $539 $127,371 $33,909 $93,462
2014 $538 $127,371 $33,909 $93,462
2013 $538 $127,371 $33,909 $93,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3611243

Canopy MLS (Canopy Realtor® Association)

APN: 11915