Check Availability

305 Faet Street Southwest

305 Faet Street Southwest, Valdese, NC 28690
Property in Burke
Sold Aug 02, 2021
$175,000
$140,000 by Delta Community Cu
Mortgage Due Aug 01, 2036
Sold Jan 28, 2011
$145,000
$116,000 by Parkway Bank
Mortgage
305 Faet Street Southwest in Valdese, NC was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 1 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 305 Faet Street Southwest has 1,601 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 305 Faet Street Southwest sold most recently in Jul 28, 2021 for a total of $175,000. If you work out the math, that's approximately a cost of $109.31 per sqft. Before that, the property was also sold for $145,000 in Jan 28, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,711 in taxes each year. 305 Faet Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,931. If we break it down further, the land itself was valued at $17,400. Improvements to the property, however, were assessed at a total of $133,531. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,601
  • Building Area: 1,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,601
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF VALDESE
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 305 FAET ST SW VALDESE, NC 28690

Ownership

  • Current Owner : STRICKLEY TAMARA LOUISE
  • Previous Owner : MEARS PAUL D
  • Previous Owner 2: MEARS ALICAI N
  • Owner Before Previous Owner: TURNER ANNETTE H
  • Owner Before Previous Owner 2: TURNER RONALD STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: VALDESE TAX
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 020902

Zoning

  • Zoning: OFFICE-INS

Geography

  • District: 103
  • Parcel: 14753
  • Municipality: LOVELADY
  • Latitude: 35.7422
  • Longitude: -81.5643

    Address

  • Full Address: 305 Faet St Sw
  • Address - House Number: 305
  • Street Segment Direction: SW
  • Address - Street Name: Faet
  • Address - Suffix Type: St
  • State: NC
  • City Name: Valdese
  • Carrier Code: C002
  • 4-Digit Zip Code: 2801
  • Zip Code: 28690

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,711
  • Tax Rate Code Area: 3051

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 334,938
  • High Value: 450,036
  • Low Value: 219,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: DELTA COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $150,931
  • Market Land Value: $17,400
  • Market Improvement Value: $133,531

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,931
  • Assessed Land Value: $17,400
  • Assessed Improvements Value: $133,531

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11859249138
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021009055
  • Previous Sale Recording Date: Jan 28, 2011
  • Previous Sale Contract Date: Jan 28, 2011
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELTA COMMUNITY CU
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: PARKWAY BANK
  • Previous Mortgage Transaction Date: Jan 28, 2011
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Valdese



Similar Buildings

Property at 305 Faet Street Southwest,

977 Sterling Street Southwest

  • 1 Unit for Sale
977 Sterling Street Southwest, Valdese, NC 28690
Property at 305 Faet Street Southwest,

112 Tarheel Avenue Northeast

  • 1 Unit for Sale
  • 1 Story
112 Tarheel Avenue Northeast, Valdese, NC 28690
Property at 305 Faet Street Southwest,

1290 Margaret Street Northwest

  • 1 Unit for Sale
1290 Margaret Street Northwest, Valdese, NC 28690
Property at 305 Faet Street Southwest,

5217 Cherryvale Avenue

  • 2 Units for Sale
5217 Cherryvale Avenue, Valdese, NC 28690

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 305 Faet Street Southwest located in?
The 305 Faet Street Southwest is a located in the neighborhood of Burke in Valdese, Valdese.
What is the average sales price for listings in 305 Faet Street Southwest?
The average sales price for units in 305 Faet Street Southwest is $0 currently.

Quantcast