2969 Orchid Ln Unit A & B, Valdese, NC, 28690

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths
2,184 SqFt
$149/SqFt
Multi

Location

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2969 Orchid Ln Unit A & B, Valdese$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1972
HeatingHeat Pump
CoolingHeat Pump
MLS #4206276
StatusActive

About 2969 Orchid Ln Unit A & B

This newly renovated duplex in Burke County is a fantastic opportunity for homeowners and investors alike. Set on .58 acres with a large, tree-lined backyard, the property features two units, each with a single-vehicle garage. The layout includes a living room, kitchen, and dining area on the ground floor, with two bedrooms and a bathroom upstairs. Buyers can live in one unit while renting out the other, potentially halving their mortgage payment, or rent both units for a steady income. Essential utilities like city water, high-speed internet, and trash pickup are available, and the property offers easy access to I-40, making commutes to Morganton, Hickory, and Asheville convenient. Recent updates completed in 2024 include a new metal roof, oversized gutters, vinyl siding, new HVAC units, and a stylish interior remodel with tile flooring and new appliances. This move-in-ready duplex is perfect for personal living or investment. Schedule a visit today to explore this opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 2,184 SqFt

Listing Office:

  • Office Name: Fonta Flora Realty
  • Office Email: greg@fontaflorarealty.com

Interior Features

Interior Information:

  • Appliances: Electric Range, Exhaust Fan, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Morganton, travel on US Hwy 70 E going toward Drexel. Turn right onto Burke Memorial Park Rd. Go about 1 mile and turn left onto Orchid Lane. It's the third property on the left. A sign will be posted.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $149/SqFt
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Housing Market Comparison

See how this home compares to others in Valdese, NC.

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Valdese, NC

City

Med. Sold Price

$254.9K

Med. Price/SqFt

$174

Avg. Days On Market

14

# of Sold Homes

3

2969 Orchid Ln Unit A & B vs Valdese

11 DAYS ON ROCKET

-3 Days

$325,000

+$70.1K More

$149/SqFt

-$26 Less

KEY TAKEAWAY

This property is $70.1K more than the Median Sold Price and $26/SqFt less than other homes in Valdese, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4206276

Listing Office:

  • Office Name: Fonta Flora Realty
  • Office Email: greg@fontaflorarealty.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-728138
9
/10

  • Drexel Elementary School

  • 100 Alta Vista St

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-728139
4
/10

  • Hillcrest Elementary School

  • 201 Tennessee St

  • 2.68 miles

  • Public District Grades PK-5

school-card-donut-728140
8
/10

  • Mull Elementary School

  • 1140 Old NC 18

  • 3.14 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,326. Residents of Valdese, NC typically earn less than $35k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Burke County›Valdese›28690›2969 Orchid Ln Unit A & B

This home is located at 2969 Orchid Ln Unit A & B in Valdese, NC and zip code 28690. This 2,184 square foot home was built in 1972. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $325,000.

In December 2024, from all listings sold in Valdese, NC there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of listings in Valdese, NC decreased by 3.9% between November 2024 and December 2024. In December 2024 median list price was $254,900 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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