702 Terrace Ln Conway, NC 27820
Estimated payment $1,682/month
Highlights
- Cape Cod Architecture
- No HOA
- Entrance Foyer
- Main Floor Primary Bedroom
- Home Office
- Forced Air Heating and Cooling System
About This Home
Welcome to this spacious 3-bedroom, 2-bathroom home nestled on 1.18 acres in peaceful Conway, North Carolina. Built in 1977 and offering 2,486 sq ft of living space, this well-maintained two-story home combines charm with comfort. The primary bedroom is conveniently located on the first floor, providing easy access and privacy, while two additional bedrooms upstairs offer plenty of space for family or guests. Enjoy the outdoors with a large yard perfect for gardening, play, or relaxing. A 24x30 detached garage offers ample storage, workshop space, or parking. With its quiet rural setting and just minutes from local conveniences, this home is ideal for those looking to enjoy space, privacy, and the charm of country living. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,904
Year Built
- Built in 1977
Lot Details
- 1.02 Acre Lot
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,486 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Propane Fireplace
- Entrance Foyer
- Home Office
- Crawl Space
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Carport
- Driveway
Schools
- Central Elementary School
- Conway Middle School
- Northampton East High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- All Others Area 240 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,904 | $185,967 | $11,591 | $174,376 |
| 2024 | $1,784 | $185,967 | $11,591 | $174,376 |
| 2023 | $1,764 | $185,967 | $11,591 | $174,376 |
| 2022 | $1,640 | $158,822 | $11,400 | $147,422 |
| 2021 | $1,648 | $158,822 | $11,400 | $147,422 |
| 2020 | $1,656 | $158,822 | $11,400 | $147,422 |
| 2019 | $1,664 | $158,822 | $11,400 | $147,422 |
| 2018 | $1,672 | $158,822 | $11,400 | $147,422 |
| 2017 | $1,672 | $158,822 | $0 | $0 |
| 2016 | $1,672 | $158,822 | $0 | $0 |
| 2015 | -- | $158,822 | $0 | $0 |
| 2014 | -- | $181,048 | $0 | $0 |
| 2013 | -- | $181,048 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | Price Changed | $289,000 | -3.3% | $116 / Sq Ft |
| 07/17/2025 07/17/25 | Price Changed | $299,000 | -5.7% | $120 / Sq Ft |
| 06/04/2025 06/04/25 | For Sale | $317,000 | -- | $128 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Attorney Only |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,471 | FHA |
Source: Real Estate Information Network (REIN)
MLS Number: 10603392
APN: 03-00148
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