$375,000
SOLD AUG 19, 2025

550 Old Newfound Rd Leicester, NC 28748

3 Beds
1.5 Baths
1,407 Sq Ft
2.62 Acres

Recently Sold

$267 Per Sq Ft

25% Below List Price

65 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Patio
  • Ranch Style House
  • Enclosed Glass Porch
  • Laundry Room

About This Home

As of August 2025

Welcome to this well-kept 1963 ranch-style home, set on 2.62 usable acres in the scenic countryside of Leicester. With 3 bedrooms (plus a bonus room in the basement), 1.5 bathrooms, and an inviting layout, this property is ideal for those seeking comfort, space, and room to grow.

Inside, you’ll find a bright living area with original hardwood floors, a cozy fireplace, and a picture window showcasing mountain views. The spacious kitchen has been updated with fresh flooring, a gas cooktop, tile backsplash, and custom wood cabinetry—perfect for everyday cooking or gatherings.

The heated basement features a finished bonus room that offers flexibility for an office, media space, hobby room, or additional living area.

The property is fenced, ideal for gardening, small livestock, or other homestead dreams. There’s ample space for additional structures or simply enjoying the open land.

Last Agent to Sell the Property

Katlyn Crowe

Patton Allen Real Estate LLC Brokerage Email: katlyn@pattonallenre.com License #358035 Listed on: 05/08/2025

Last Buyer's Agent

Judi Moolten

Grateful Mindset Properties License #313021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1963

Lot Details

  • Back and Front Yard Fenced
  • Lot Has A Rolling Slope
  • Property is zoned OU

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Propane Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • Attached Carport
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Enclosed Glass Porch

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Additional Features

  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 879093638500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,599

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1963
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 266.52
  • Geocode Confidence: High
  • Attribution Contact: katlyn@pattonallenre.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1407
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1407
  • Sq Ft Unheated Total: 1407
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator with Ice Maker, Wall Oven, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1407
  • Has Basement: Exterior Entry, Interior Entry, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Propane
  • Living Area: 1407
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Front Yard
  • View: Mountain(s)
  • Construction Type: Brick Full, Vinyl
  • Other Structures: Shed(s), Other - See Remarks
  • Patio And Porch Features: Glass Enclosed, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Rolling Slope, Views
  • Lot Size Area: 2.62
  • Lot Size Units: Acres
  • Parcel Number: 879093638500000
  • Plat Book Slide: 0204/0078
  • Additional Parcels: No
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Aug 11, 2025
Sold by
Burdge Belinda A
Bought by
Varkonyi Chelsea and Varkonyi Nicole Erin
Seller's Agent
Katlyn Crowe
Patton Allen Real Estate LLC
Buyer's Agent
Judi Moolten
Grateful Mindset Properties
List Price
$500,000
Sold Price
$375,000
Premium/Discount to List
-$125,000
-25%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.73%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$90,095

Purchase Details

Closed on
Dec 19, 2019
Sold by
Hale Kyong H and Hale William R
Bought by
Burdge Belinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 17, 2007
Sold by
Harris Debra W and Harris Paul A
Bought by
Robson Steven Russell and Richer John M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $375,000 None Listed On Document
Warranty Deed $375,000 None Listed On Document
Warranty Deed $264,000 None Available
Warranty Deed $255,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $300,000 New Conventional
Previous Owner $235,600 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $375,000 -6.0% $267 / Sq Ft
07/06/2025 07/06/25 Price Changed $399,000 -2.7% $284 / Sq Ft
06/17/2025 06/17/25 Price Changed $410,000 -2.4% $291 / Sq Ft
06/06/2025 06/06/25 Price Changed $420,000 -2.3% $299 / Sq Ft
06/04/2025 06/04/25 Price Changed $430,000 -2.3% $306 / Sq Ft
06/01/2025 06/01/25 Price Changed $440,000 -4.3% $313 / Sq Ft
05/29/2025 05/29/25 Price Changed $460,000 -4.2% $327 / Sq Ft
05/23/2025 05/23/25 Price Changed $480,000 -1.0% $341 / Sq Ft
05/19/2025 05/19/25 Price Changed $485,000 -1.0% $345 / Sq Ft
05/16/2025 05/16/25 Price Changed $490,000 -1.0% $348 / Sq Ft
05/15/2025 05/15/25 Price Changed $495,000 -1.0% $352 / Sq Ft
05/08/2025 05/08/25 For Sale $500,000 +108.6% $355 / Sq Ft
06/12/2017 06/12/17 Sold $239,700 -11.2% $170 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $270,000 -- $192 / 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 $1,599 $243,000 $53,500 $189,500
2023 $1,599 $243,000 $53,500 $189,500
2022 $1,527 $243,000 $53,500 $189,500
2021 $1,527 $243,000 $0 $0
2020 $1,309 $195,600 $0 $0
2019 $1,309 $195,600 $0 $0
2018 $1,309 $195,600 $0 $0
2017 $0 $174,100 $0 $0
2016 $729 $174,100 $0 $0
2015 $1,295 $174,100 $0 $0
2014 $700 $174,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4249093

Canopy MLS (Canopy Realtor® Association)

APN: 8790-93-6385-00000