507 Rector Avenue SE
Valdese, NC 28690
- 4 beds
- 3 baths
- 3,073 sqft
- ~1 acre lot
- $78 per sqft
- 1977 build
- – on site
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**Investor's Opportunity!** Don’t miss out on this rare chance to invest in a property with incredible potential! Situated on a large lot, totaling 1.26-acres, this home is primed for a full renovation to maximize its value. With an after-repair value (ARV) of over $450,000+, this property offers the potential for excellent returns once completed. Boasting over 3,000 sq. ft., the home includes 4 spacious bedrooms, 3 large bathrooms, and convenient washer/dryer hookups on both the main and upper levels. The expansive layout provides the perfect foundation for a modern makeover, and the large kitchen is ready to be transformed into a culinary enthusiasts dream! The additional parcel adds significant value, offering options for further development, or outdoor living spaces. Whether you want to enhance the property with more development or simply enjoy the added privacy, this oversized lot presents endless possibilities. Act fast and schedule your showing today!
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Last updated May 1, 2025
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MLS# 4242038 —
The Building
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Year Built:1977
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New Construction:false
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Construction Type:Site Built
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Subtype:Single Family Residence
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Construction Materials:Wood
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Roof:Shingle
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Foundation Details:Crawl Space
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Levels:One and One Half
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Basement:false
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Patio And Porch Features:Covered, Front Porch, Rear Porch
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SqFt Upper:896
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Above Grade Finished Area:3073
Interior
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Flooring:Carpet, Tile, Vinyl
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Living Area:3073
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Fireplace:true
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Fireplace Features:Living Room, Wood Burning
Location
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Latitude:35.734812
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Longitude:-81.557552
The Property
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Type:Residential
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Lot Size Area:1.26
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Lot Size Units:Acres
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Zoning Specification:R-3
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Additional Parcels Description:2743122025
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Asphalt, Paved
Listing Agent
- Contact info:
- Agent phone:
- (336) 927-9542
- Office phone:
- (828) 307-0099
Taxes
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Parcel Number:14472
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Tax Assessed Value:300173
Beds
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Bedrooms Total:4
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Bedroom Main:2
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Bedroom Upper:2
Baths
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Baths:3
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Full Baths:3
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Full Baths Main:2
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Full Baths Upper:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Heat Pump
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Cooling:Central Air, Heat Pump
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Dishwasher, Electric Oven, Electric Range, Exhaust Hood
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Laundry Features:Main Level, Upper Level
Schools
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Elementary School:Valdese
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Middle School:Heritage
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High School:Jimmy C Draughn
The Community
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Subdivision Name:None
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HOA Subject To:None
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Senior Community:false
Parking
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Parking Features:Driveway, Attached Garage
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Garage:true
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Garage Spaces:2
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Main Level Garage:Yes
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/30/25
Apr 30, 2025
|
Sold | CMLS | $242,000 | -6.6% |
|
4/9/25
Apr 9, 2025
|
Sold Subject To Contingencies | CMLS | $259,000 | |
|
4/4/25
Apr 4, 2025
|
Listed / Active | CMLS | $259,000 |
