NOT LISTED FOR SALE

5323 Mineral Springs Ridge Valdese, NC 28690

Estimated Value: $335,000 - $442,000

4 Beds
2.5 Baths
2,644 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $207,000 $78 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,179/month

6 Days on Market

Highlights

  • Tile Flooring
  • Heritage Middle School Rated A-
  • Gas Log Fireplace

About This Home

As of January 2021

Million dollar views from this 4BR 2.5 Bath home on Mineral Springs mtn. Great for entertaining from either upstairs living room which opens to deck or down stairs family room. Plus large patio area overtop of 2 car garage to enjoy that million dollar view. Convenient to Morganton, Hickory and only and hour to Charlotte or Asheville for that 2nd home getaway! Home also includes 1 year home buyer warranty. $199,500

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 12/09/2020

Coldwell Banker Newton RE

Last Buyer's Agent

Nicholas Finucan

Optimum Realty Group LLC License #318172

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.67

Parking

  • 2

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace

Flooring

  • Tile
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2742351790

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 1.03759
  • Ratio Close Price By Original Li: 1.03759
  • Ratio Current Price By Acre: 308955.22
  • Ratio Current Price By Sq Ft: 78.29
  • Year Built: 1974
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1300
  • Main Level Sq Ft: 1344
  • Total Sq Ft: 2644

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Basement, Garage - 2 Car, On-Street Parking

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Long Range View, Paved Frontage
  • Lot Size Area: 0.670
  • Parcel Number: 2742351790
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 170946.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 20, 2021
Sold by
Shoaf Jerry C and Shoaf Carolyn J
Bought by
Reeves Nicholas
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Nicholas Finucan
Optimum Realty Group LLC
List Price
$199,500
Sold Price
$207,000
Premium/Discount to List
$7,500
3.76%
Current Estimated Value
$377,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,138
Avg. Annual Appreciation
13.44%
Original Mortgage
$203,250
Outstanding Balance
$182,106
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$186,227
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
Reeves Nicholas $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Nicholas $203,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $207,000 +3.8% $78 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $199,500 +83.0% $75 / Sq Ft
08/18/2014 08/18/14 Sold $109,000 0.0% $43 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
09/01/2013 09/01/13 For Sale $109,000 -- $43 / 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 $1,487 $210,349 $35,887 $174,462
2023 $1,487 $210,349 $35,887 $174,462
2022 $1,532 $181,205 $35,760 $145,445
2021 $1,444 $170,946 $35,760 $135,186
2020 $1,440 $170,946 $35,760 $135,186
2019 $1,440 $170,946 $35,760 $135,186
2018 $1,353 $160,127 $35,760 $124,367
2017 $1,351 $160,127 $35,760 $124,367
2016 $1,306 $160,127 $35,760 $124,367
2015 $1,303 $160,127 $35,760 $124,367
2014 $1,302 $160,127 $35,760 $124,367
2013 $1,302 $160,127 $35,760 $124,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3689958

Canopy MLS (Canopy Realtor® Association)

APN: 11328