This 3-bedroom, 2-bath home sits on 1.02 acres with a full unfinished basement and spacious bedrooms featuring hardwood floors, a large living room, and multiple bonus rooms. The property has been vacant for some time and will require TLC to refresh the interior and bring systems up to modern standards. Recent updates include a new 200-amp electrical panel and a new hot water tank installed in the basement, along with city water and septic system, and Spectrum internet available. Outside, there’s ample storage including a metal garage/storage building, a second large double garage with multiple rooms and a plumbed-in bathroom, an attached lean-to, and a third wooden storage building—plus plenty of space for a garden. Located in the county between Morganton and Valdese, near I-40, this property offers potential to be transformed into a dream home, with a recent March 2026 appraisal listed below value, and the seller is willing to entertain all offers. Come take a look. Property sold as is.
Under contract-show
Price cut: $15K (7/27)
$215,000
1809 Drexel Rd, Valdese, NC 28690
3beds
1,682sqft
Single Family Residence
Built in 1951
1.02 Acres Lot
$204,300 Zestimate®
$128/sqft
$-- HOA
What's special
Multiple bonus roomsThird wooden storage buildingAttached lean-to
- 50 days
- 425
- 19
Zillow last checked:
Listing updated:
Listed by:
Greg Shuffler greg@fontaflorarealty.com,
Fonta Flora Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4399107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Basement
- Level: Basement
Bonus room
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Range
- Laundry: In Basement
Features
- Basement: Storage Space,Unfinished,Walk-Out Access,Walk-Up Access
Interior area
- Total structure area: 1,682
- Total interior livable area: 1,682 sqft
- Finished area above ground: 1,682
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.02 Acres
Details
- Additional structures: Outbuilding, Shed(s), Workshop
- Parcel number: 2723755885
- Zoning: R-3
- Special conditions: Estate
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl, Wood
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Satellite Internet Available, Wired Internet Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Valdese
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $165,945
- Annual tax amount: $1,179
- Date on market: 7/14/2026
- Cumulative days on market: 49 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$204,300
$194,000 - $215,000
$1,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $215,000-6.5%$128/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4399107 Report a problem | ||
| 7/14/2026 | Listed for sale | $230,000+217.2%$137/sqft |
Source: Canopy MLS as distributed by MLS GRID #4399107 Report a problem | ||
| 12/29/2015 | Sold | $72,500$43/sqft |
Source: Canopy MLS as distributed by MLS GRID #B28263 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,179 -0.4% | $165,945 |
| 2024 | $1,183 | $165,945 |
| 2023 | $1,183 +20.9% | $165,945 +43% |
| 2022 | $979 +0.6% | $116,024 |
| 2021 | $973 +0.4% | $116,024 |
| 2020 | $969 -15.1% | $116,024 |
| 2019 | $1,141 +20.5% | $116,024 +2.5% |
| 2018 | $947 +11.5% | $113,173 +9.4% |
| 2017 | $849 | $103,433 |
| 2016 | $849 +0.4% | $103,433 |
| 2015 | $846 | $103,433 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28690
Nearby schools
Schools provided by the listing agent
- Elementary: Drexel
- Middle: Heritage
- High: Jimmy C Draughn
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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