NOT LISTED FOR SALE

502 Italy St NE Valdese, NC 28690

Estimated Value: $264,000 - $353,000

3 Beds
2 Baths
2,712 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $170,000 $63 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,941/month

245 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Walk-In Closet
  • Heritage Middle School Rated A-
  • Attached Garage
  • Storm Doors

About This Home

As of July 2017

Well appointed 3BR/2BA brick ranch located in the heart of historic downtown Valdese! Within walking distance to dining, shopping, and entertainment. Spacious foyer opens to large living room featuring gas fireplace and oversize picture window allowing lots of natural light throughout. Formal dining room comfortably hosts large dinner parties and conveniently opens to spacious kitchen with abundant cabinet/counter space and informal dining. Large hallways open to full bath, bedroom and king-size master suite with his/her walk-in closets, and ensuite bath. Beautiful hardwood floors throughout living areas and bedrooms and ceramic tile in kitchen in baths. Full, finished basement with family room, bar and additional bedroom. Unfinished space would make a great future bath. Attached, double car garage in basement. Fully fenced back yard and patio makes great space for pets and entertainment.

Last Agent to Sell the Property

Starla Hoke

McCombs & Hoke Real Estate License #188170 Listed on: 09/19/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Gas Log Fireplace
  • Storm Doors
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 2743060491

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92391
  • Ratio Current Price By Acre: 288135.59
  • Ratio Current Price By Sq Ft: 62.68
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Dishwasher, Oven, Refrigerator, Washer Connection
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Room Count: 9
  • Sq Ft Basement: 1100
  • Total Sq Ft: 2712
  • Sq Ft Unheated Basement: 512
  • Sq Ft Unheated Total: 512

Exterior Features

  • Construction: Brick Partial

Garage/Parking

  • Parking: Attached Garage, Basement, Garage - 2 Car

Utilities

  • Heating: Heat Pump - Heat
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Lot Dimension: 140x181x140x181
  • Lot Features: Level
  • Lot Size Area: 0.590
  • Parcel Number: 2743060491
  • Zoning Specification: No Overl

Tax Info

  • Tax Value: 152808.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jul 18, 2017
Sold by
Leonhardt Darja and Leonhardt Hogg Darja
Bought by
Hudson Billy Joe and Hudson Sharona F
Seller's Agent
Starla Hoke
McCombs & Hoke Real Estate
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$325,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,962
Avg. Annual Appreciation
9.21%
Original Mortgage
$171,717
Outstanding Balance
$144,909
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$203,322
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
Hudson Billy Joe $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Billy Joe $171,717
Previous Owner Leonhardt Darja $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Sold $170,000 0.0% $63 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $170,000 -- $63 / 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 $2,147 $210,685 $33,310 $177,375
2023 $2,353 $210,685 $33,310 $177,375
2022 $1,304 $175,786 $33,310 $142,476
2021 $1,298 $175,786 $33,310 $142,476
2020 $1,294 $175,786 $33,310 $142,476
2019 $1,294 $175,786 $33,310 $142,476
2018 $1,189 $160,661 $33,310 $127,351
2017 $1,132 $152,808 $33,310 $119,498
2016 $1,104 $152,808 $33,310 $119,498
2015 $1,101 $152,808 $33,310 $119,498
2014 $1,100 $152,808 $33,310 $119,498
2013 $1,100 $152,808 $33,310 $119,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB29687

Canopy MLS (Canopy Realtor® Association)

APN: 13652