NOT LISTED FOR SALE

513 Rector Ave SE Valdese, NC 28690

Estimated Value: $447,000 - $630,656

5 Beds
5 Baths
5,866 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $275,000 $47 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,133/month

4 Days on Market

Highlights

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

About This Home

As of February 2020

Welcome home to this incredible, spacious 5 Bed/5 Bath Ranch house in Valdese. This is a wonderful home in a great neighborhood. You will step inside to a large living room with beautiful hardwood floors! Spacious kitchen with ample storage and cabinet space, granite counter tops, and a subzero refrigerator. Large master bedroom with a dream walk-in closet and on suite bathroom. Study/office with wonderful built-ins and desk area. Cozy up by the fireplace in the den or enjoy a morning coffee in the sunroom. There is also a finished basement loaded with space for endless possibilities. This property features a large yard and a back deck that's perfect for entertaining. 2 car garage and laundry on main floor. View this wonderful home today!

Last Agent to Sell the Property

Carolyn Bolden

Realty Executives of Hickory License #198317 Listed on: 12/14/2019

Realty Executives of Hickory

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 0.8

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 2743115838

Home Details

Home Type

Single Family

Year Built

Built in 1982

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: 0.78571
  • Ratio Close Price By Original Li: 0.78571
  • Ratio Current Price By Acre: 343750.00
  • Ratio Current Price By Sq Ft: 46.88
  • Year Built: 1982
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Exhaust Hood, Refrigerator, Wall Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Garden Tub, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1531
  • Main Level Sq Ft: 4335
  • Total Sq Ft: 5866

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Heat Pump - AC
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.800
  • Parcel Number: 2743115838
  • Zoning Specification: R-12

Tax Info

  • Tax Value: 377332.00
  • Tax Location: Valdese

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2019
Closed on
Jan 17, 2020
Sold by
Mohiuddin Sumrana M and Mohiuddin Mohammed M
Bought by
Lopez German Raymundo and Raymundo Catarina
Seller's Agent
Carolyn Bolden
Realty Executives of Hickory
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Current Estimated Value
$514,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,164
Avg. Annual Appreciation
11.78%
Original Mortgage
$243,182
Outstanding Balance
$215,891
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$298,273

Purchase Details

Closed on
Oct 22, 2009
Sold by
Mohiuddin Mohammed M
Bought by
Mohiuddin Sumrana M
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
Lopez German Raymundo $275,000 None Available
Mohiuddin Sumrana M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Paulino $14,125
Closed Lopez German Raymundo $16,058
Open Lopez German Raymundo $34,844
Open Lopez German Raymundo $243,182
Previous Owner Mohiuddm Mohammed M $100,000
Previous Owner Mohiuddin Mohammed Mary $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $275,000 -21.4% $47 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/14/2019 12/14/19 For Sale $350,000 -- $60 / 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 $5,013 $504,568 $23,778 $480,790
2023 $5,512 $504,568 $23,778 $480,790
2022 $2,706 $377,544 $15,146 $362,398
2021 $2,700 $377,544 $15,146 $362,398
2020 $2,694 $377,332 $15,146 $362,186
2019 $2,694 $377,332 $15,146 $362,186
2018 $2,159 $300,290 $15,146 $285,144
2017 $2,157 $300,290 $15,146 $285,144
2016 $2,217 $316,423 $15,146 $301,277
2015 $2,214 $316,423 $15,146 $301,277
2014 $2,212 $316,423 $15,146 $301,277
2013 $2,212 $316,423 $15,146 $301,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3573250

Canopy MLS (Canopy Realtor® Association)

APN: 17333