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Great income potential in this 1940′s bungalow. Main level features 2BR, 1BA, nice size kitchen with breakfast nook, LR, Den/DR. Basement has both interior and exterior access and provides additional heated living space and an additional bath with shower stall. Unfinished part of basement appears suitable for workshop or storage. Two parcels totaling .69 acres. This is a court -ordered sale subject to approval by the Clerk of Superior Court. No owner financing. No lease purchase.
Elevation 2000 feet: Need a vacation? Consider the Catawba Valley’s southernmost highlands where you can enjoy fresh air and cool mountain breezes. As night falls gaze at the stars or the lights in the valley below. This home’s full wrap-around porch provides the ideal platform for taking in the views, and ample space for entertaining. Interior features include fireplaces on both levels, an awesome bar and game room area, and recently updated bathrooms and floor coverings. The hexagonal shape of this home is complemented by multiple sets of French doors that provide a unique openness to the natural surroundings. Located in Pine Mountain Estates, a gated community adjoining South Mountains State Park. Area amenities include hiking trails, golf, designated trout waters, miles of scenic roads, mountain biking, equestrian trails, guided park programs and more. When you are here, you can’t help but feel like you are on vacation.
To date 1052 Catawba County home sales are reported in the MLS of Catawba Valley for 2012. Distressed sales, those that were foreclosures and or short sales, comprised 16.66% of the reported sales volume. Regular sales, those that were not foreclosure or short sales, comprised 83.34% of the reported sales volume. Here is break down of the data:
Foreclosure as it is used in this context refers to properties that entered the market as bank or credit union owned, or owned by HUD, or owned by a government sponsored enterprise. In North Carolina a true foreclosure sale is an auction held at the courthouse in the county in which the property is located. No true foreclosure sales data is contained herein. Instead, the data analyzed pertains to the foreclosed upon property’s subsequent resale by the bank, HUD, etc..
The data is from the MLS of Catawba Valley as it was reported on February 6th, 2013. Data from the MLSCV is deemed reliable, but not guaranteed. The analysis of the data is the opinion of the author and is not the opinion of the source from which it was derived. Consult your real estate professional for their own opinion before making any decision to buy or sell real estate. If you do not have real estate professional contact us.
There were a lot of ways to attempt this analysis but the methodology adopted compares 2012 home sale prices with the corresponding assessed tax value of the property sold. The sales figures were “cleaned up” to eliminate bank and government sponsored entity sales. Short sales were also eliminated in an effort to avoid having distressed sales skew the findings. The comparison was done based on elementary school districts. The list is ordered from lowest burden to highest and includes Hickory addresses in Catawba County.
19 sales with an average price of $183,854
Hickory’s southern and easternmost reaches, the Blackburn district edges out number two by the slightest of margins to claim the title of having the lowest tax burden, and being Hickory’s #1 tax haven.
45 sales with an average price of $226,027
Hickory’s southern and westernmost reaches, the Mountain View district placed a very close second. By any measure it merits the distinction of being a Hickory tax haven.
11 sales with an average price of $117,877
One of Hickory’s easternmost reaches, the Webb A. Murray district barely had enough reported sales to warrant consideration. Nonetheless it earned the Hickory tax haven designation.
48 sales with an average price of $182,824
The center of sprawling northeast Hickory, the Clyde Campbell district barely earned its Hickory tax haven designation.
28 sales with an average price of $167,354
A highly sought after downtown location home to many of Hickory’s most historic and architecturally significant structures, the Oakwood district is easily one of Hickory’s most tax-conflicted areas. Some addresses in this district appear to be tax havens, while other homeowners here face a considerably higher burden.
25 sales with an average price of $211,266
Hickory’s northern and easternmost reaches, the Snow Creek district is home to Hickory’s newest school, and is the most recent addition to Hickory’s school districts. This district is another toss up.
14 Sales with an average price of $110,371.00
From the eastern edge of Viewmont to the eastern edge of Hickory, the St. Stephens Elementary (not high school) district.
53 sales with an average price of $220,721
Hickory’s northern and westernmost reaches in Catawba County, the Jenkins district includes waterfront properties and is home to some of the most expensive homes and most exclusive addresses in the Greater Hickory Metro. It’s balanced by other more modestly priced homes.
18 sales with an average price of $113,114
South of downtown along the HWY 70 corridor and north of the Mountain View and Blackburn districts, unlike these two neighbors on the list, the Southwest district is no haven when it comes to taxes.
43 sales with an average price of $223,880
Just north of downtown, the Viewmont district includes waterfront properties and some of Hickory’s most established neighborhoods. Its large but aging homes are selling for considerably less these days. Homeowners here have Hickory’s highest tax burden.
A comparison ranking of tax burdens for Hickory homeowners in Catawba County. Those that pay only Catawba County taxes pay a millage rate of .53 plus a fire district rate of approximately .o6 for a combined rate of approximately .60 for simplicity’s sake. Homeowners that pay Hickory City taxes pay .50, plus Catawba County taxes for a combined rate of 1.03 per hundred dollars value. These are 2012 tax rates.
| Single Family Home Sales As Reported In The MLS Of Catawba Valley | |||||
 2903 homes sold |
 2252 homes sold |
 1948 homes sold |
 1828 homes sold |
 1776 homes sold |
 1914 homes sold |
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
Toggle over the columns for additional information. Data includes all home sales in the MLS of Catawba Valley for Alexander, Burke, Caldwell and Catawba counties as reported on February 7, 2013. Information from the MLS of Catawba Valley is deemed reliable, but not guaranteed.
Copyrighted listing data provided by the MLS of Catawba Valley, Inc. with all rights reserved.
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Desirable end unit provides ownership opportunity at way less than the cost to rent, way less than tax value, and way less than any other offering in the Coach House community! Kitchen, dining and living area on main plus a half bath, private courtyard and laundry closet. Upstairs has two large bedrooms, a full bath and linen closet. Newer laminate floors on main. Brand new carpet in stairway, upstairs hall & bedrooms. All appliances remain. It’s move in ready! Great Hickory location convenient to HWY 321 and reasonable commute to the High Country and the Charlotte Metro.
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Listing information courtesy of Pless Realty Services (828) 326-8822.
May’s home sales figures indicate a trend of slow and steady growth in the Hickory and Catawba County residential real estate market. Although it is clearly still a buyer’s market, overall, values are improving. This is welcome news to many homeowners who have been waiting to refinance. Banks are covered up with loan applications and appraisers are booked. This means it might take a little longer than usual to retire a higher rate mortgage loan. Our preferred mortgage partner is pleased to report that despite heavy volume, Envoy’s closing and funding departments will continue working overtime to keep their turn around times the fastest and most reliable in the industry.
With gas prices declining I anticipate buyers will be out and about doing more “drive bys” and attending more open house events than they did last summer. If you are contemplating buying, selling, or both, make sure you contact me. Now is an excellent time to get started!
| Data for: | 2012 | 2011 | 2010 |
| Number of homes sold: | 223 | 184 | 217 |
| Average price: | $166,096 | $158,423 | $176,569 |
| Median price: | $140,00 | $126,150 | $137,750 |
| Total sales volume: | $37,039,441 | $29,149,961 | $38,315,504 |
| Average # of days on market: | 171 | 179 | 161 |
| Average % of original list price paid: | 92.62 | 92.64 | 93.53 |
| Data for: | 2012 | 2011 | 2010 |
| Number of homes sold: | 366 | 304 | 334 |
| Average price: | $148,342 | $146,067 | $156,506 |
| Median price: | $125,875 | $120,500 | $123,450 |
| Total sales volume: | $54,293,532 | $44,404,433 | $52,273,204 |
| Average # of days on market: | 172 | 183 | 157 |
| Average % of original list price paid: | 93.07 | 92.92 | 94.01 |
The data is from the Multiple Listing Service of Catawba Valley and reflects total sales reported January – May of each year. It is deemed reliable, but not guaranteed.
So the question is, how’s the market right now? There’s a quick and easy answer, stable. Better than it was last year and not quite a good as it was in 2010. All indications are we witnessed the bottom of the market last year and are now experiencing modest and sustainable growth in 2012. If you are buying, selling, or both…make sure to contact me when you are ready to make your move!
| Data for: | 2012 | 2011 | 2010 |
| Number of homes sold: | 166 | 149 | 168 |
| Average price: | $167,686 | $151,387 | $173,160 |
| Median price: | $140,000 | $122,00 | $130,750 |
| Total sales volume: | $27,835,916 | $22,556,674 | $29,090,914 |
| Average # of days on market: | 164 | 176 | 172 |
| Average % of original list price paid: | 91.78 | 92.27 | 93.06 |
| Data for: | 2012 | 2011 | 2010 |
| Number of homes sold: | 253 | 241 | 264 |
| Average price: | $153,731 | $138,363 | $156,152 |
| Median price: | $127,00 | $117,400 | $119,450 |
| Total sales volume: | $38,894,055 | $33,345,681 | $41,224,364 |
| Average # of days on market: | 167 | 177 | 168 |
| Average % of original list price paid: | 92.65 | 92.68 | 93.90 |
The data is from the Multiple Listing Service of Catawba Valley and reflects total sales reported January – April each year. It is deemed reliable, but not guaranteed.
We have compiled the numbers and there is good news for sellers as distressed sale volumes are declining. Read more. 
(828) 326-8822
Thank you for visiting my website! I hope you contact me for expert assistance with buying or selling real estate in Hickory & throughout the Catawba Valley.
Pless Realty Services
Realtors®
42 3rd St NW
Hickory, NC 28601
(828) 326-8822
