$90,000
SOLD MAY 23, 2025

3118 Mineral Springs Mountain Rd Valdese, NC 28690

3 Beds
1 Bath
-- Sq Ft
1 Acres

Recently Sold

10% Below List Price

12 Days on Market

Highlights

  • Hilly Lot
  • Private Lot
  • Fireplace
  • Heritage Middle School Rated A-
  • Wooded Lot
  • Laundry Room

About This Home

As of May 2025

This 1947 farmhouse in Valdese sits on a level 1-acre lot just minutes from I-40, offering both convenience and rural charm. Backing up to a beautiful tree line, the peaceful setting includes a nature path, shed, and small barn/outbuilding—perfect for storage, hobbies, or expansion. A true fixer-upper, this home was previously used as a rental and is being sold as-is, making it ideal for investors ready to renovate, restore, or reimagine the space. With its classic bones and unbeatable location, the potential is undeniable. Whether you’re looking to flip, rent, or create your own retreat, this property is priced right and full of opportunity. The adjacent home at MLS 4254002 is also available, and the seller is open to bundling both properties. Don’t miss the chance to transform this quiet, conveniently located home into something truly special. Sold as is.

Last Agent to Sell the Property

Adriano Lamboglia

True North Realty Brokerage Email: adrianorealtor@gmail.com License #335562 Listed on: 05/07/2025

Co-Listed By

Katie Lamboglia

True North Realty Brokerage Email: adrianorealtor@gmail.com License #263295

Last Buyer's Agent

Shelley Winters

C Shane Cook & Associates License #300902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1947

Lot Details

  • Private Lot
  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-3

Parking

  • Shared Driveway

Home Design

  • Slab Foundation
  • Asbestos

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

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

Utilities

  • Well Required
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2742487972

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Road Surface Type: Dirt, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Geocode Confidence: Low
  • Attribution Contact: adrianorealtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 904
  • Sq Ft Unheated Total: 904
  • Sq Ft Upper: 0
  • Appliances: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Long Range
  • Construction Type: Asbestos
  • Other Structures: Shed(s)

Garage/Parking

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

Utilities

  • Heating: None
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: None
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Orchard(s), Hilly, Private, Sloped, Wooded
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 2742487972
  • Zoning: R-3
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
May 22, 2025
Sold by
Penley Jeffrey Douglas and Penley Patricia Noelle
Bought by
Fuentes Alfredo Ismael Monzo and Monzon Brandy Lee
Seller's Agent
Adriano Lamboglia
True North Realty
Buyer's Agent
Shelley Winters
C Shane Cook & Associates
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Total Days on Market
12
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
517.05%
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 Type Sale Price Title Company
Warranty Deed $90,000 None Listed On Document
Warranty Deed $90,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $90,000 -9.9% --
05/19/2025 05/19/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $99,900 -- --
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 $737 $97,656 $19,004 $78,652
2023 $737 $97,656 $19,004 $78,652
2022 $494 $51,523 $15,218 $36,305
2021 $488 $51,523 $15,218 $36,305
2020 $484 $51,523 $15,218 $36,305
2019 $411 $51,312 $15,218 $36,094
2018 $334 $41,755 $15,718 $26,037
2017 $334 $41,755 $15,718 $26,037
2016 $324 $41,755 $15,718 $26,037
2015 $386 $41,755 $15,718 $26,037
2014 $553 $63,503 $15,718 $47,785
2013 $553 $63,503 $15,718 $47,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4254003

Canopy MLS (Canopy Realtor® Association)

APN: 13656