NOT LISTED FOR SALE

397 Eldred St NE Valdese, NC 28690

Estimated Value: $259,000 - $287,000

2 Beds
2 Baths
1,386 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $113,400 $82 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,642/month

98 Days on Market

Highlights

  • Above Ground Pool
  • Attached Garage
  • Tile Flooring
  • Heritage Middle School Rated A-
  • Walk-In Closet

About This Home

As of April 2017

2 bedroom 2 bath homw w full basement located in the heart of Hictoric Valdese NC. Walk to schools, parks, and all the quaint shops on Main Street! The single level home has an open concept floorplan that incorporates a large living/dining area with a galley style kitchen and adj laundry room. The master suite provides a private full bath and large walk-in closet. There is a 2nd large bedroom and another centrally located full bathroom. Full unfinished basement. HUGE Covered front deck. 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#387-136535. Purchase this home using FHA Financing with only $100 DOWN! See your agent for details. Property is eligible for FHA Insured financing(IN) 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: 11/10/2016

Hott Property LLC

Last Buyer's Agent

Rusty Davis

C Shane Cook & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.82

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Tile Flooring
  • Above Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 27432506310000

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.98914
  • Ratio Close Price By Original Li: 0.83721
  • Ratio Current Price By Acre: 138292.68
  • Ratio Current Price By Sq Ft: 81.82
  • Year Built: 2009
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Microwave, Electric Oven
  • Flooring: Tile
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1386
  • Total Sq Ft: 1386
  • Sq Ft Unheated Basement: 1386
  • Sq Ft Unheated Total: 1386

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Pool-Above Ground

Garage/Parking

  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Water: County Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Sloping
  • Lot Size Area: 0.820
  • Parcel Number: 27432506310000
  • Zoning Specification: R-12

Tax Info

  • Tax Value: 147350.00
  • Tax Location: Valdese

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Apr 5, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Laws William Andrew and Setola Teresa Lorraine
Seller's Agent
Jason Dale
Hott Property LLC
Buyer's Agent
Rusty Davis
C Shane Cook & Associates
List Price
$135,450
Sold Price
$113,400
Premium/Discount to List
-$22,050
-16.28%
Current Estimated Value
$274,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,692
Avg. Annual Appreciation
10.90%
Original Mortgage
$113,400
Outstanding Balance
$94,776
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$179,316

Purchase Details

Closed on
Jul 1, 2016
Sold by
Embrace Home Loans Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 18, 2016
Sold by
Peeler William and Peeler Betty
Bought by
Embrace Home Loans Inc
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
Laws William Andrew -- Attorney
Secretary Of Housing & Urban Development -- Attorney
Embrace Home Loans Inc $127,793 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laws William Andrew $113,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2017 04/10/17 Sold $113,400 -16.3% $82 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $135,450 -- $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
2025 $2,315 $228,639 $27,347 $201,292
2024 $2,322 $228,639 $27,347 $201,292
2023 $2,546 $228,639 $27,347 $201,292
2022 $1,176 $157,458 $23,775 $133,683
2021 $1,162 $156,270 $22,587 $133,683
2020 $1,158 $156,270 $22,587 $133,683
2019 $1,158 $156,270 $22,587 $133,683
2018 $1,114 $149,896 $22,587 $127,309
2017 $1,112 $149,896 $22,587 $127,309
2016 $1,067 $147,350 $22,587 $124,763
2015 $1,064 $147,350 $22,587 $124,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9591133

Canopy MLS (Canopy Realtor® Association)

APN: 12035