Closed

$1,450,000

400 Cranbrook Ave SE, Valdese, NC 28690

3beds

13,400sqft

Multi Family

Built in 1978

-- sqft lot

$1,103,000 Zestimate^®

$108/sqft

$1,134 Estimated rent

Home value

$1,103,000

$794,000 - $1.47M

$1,134/mo

Zestimate^® history

Owner options

List your home for rent

$1,134/mo

Rent Zestimate^®

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$1,134/mo

Rent Zestimate^®

Refinance and save

$8,639/mo

Est. payment

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$8,639/mo

Est. payment

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What's special

Small home

Rare opportunity to own 16 unit apartment complex, a fourplex, a small home on a 6 acre tract right outside of downtown Valdese.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 21

Heating

Electric, Heat Pump

Cooling

Electric, Heat Pump

Appliances

Included: Electric Range, Freezer, Oven, Refrigerator
Laundry: Common Area, Inside, Laundry Room, Lower Level, Washer Hookup

Features

Basement: Apartment,Dirt Floor

Interior area

Total structure area: 13,400
Total interior livable area: 13,400 sqft
Finished area below ground: 0

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Patio & porch: Balcony, Covered, Porch
Has private pool: Yes
Pool features: Community, In Ground

Lot

Size: 6 Acres

Details

Additional parcels included: 37912,11467,64533
Parcel number: 37245
Zoning: AA3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Partial, Vinyl
Foundation: Slab

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Valdese

Financial & listing details

Price per square foot: $108/sqft
Tax assessed value: $771,494
Annual tax amount: $358
Date on market: 6/24/2023
Cumulative days on market: 14 days
Tenant pays: Cable TV, Electricity
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
9/28/2023	Sold	$1,450,000$108/sqft
Source: Canopy MLS as distributed by MLS GRID #4042188 Report a problem
7/8/2023	Pending sale	$1,450,000$108/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4042188 Report a problem
6/24/2023	Listed for sale	$1,450,000$108/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4042188 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$358 -0.8%	$54,295
2024	$361 +41.9%	$54,295 +41.9%
2023	$255 -0.6%	$38,271 +19.6%
2022	$256	$31,998
2021	--	$31,998
2020	$256 -40.6%	$31,998
2019	$431 +33.4%	$31,998 -20.7%
2018	$323 +3.2%	$40,352
2017	$313	$40,352
2016	$313	$40,352
2015	$313	$40,352