2040 Valway Rd
Lenoir, NC 28645
2 bd 1 ba 1,348 sqft Built 1945 Lot 108,900 sqft land
Most recent sale
$197,750
Feb 14, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 21, 2024 | Sold | $198,000 | Public Record |
| Feb 14, 2024 | Sold | $197,750 | CanopyMLS |
| Nov 9, 2023 | Price changed | $229,000 | CanopyMLS |
| Oct 6, 2023 | Price changed | $234,000 | CanopyMLS |
| Jul 20, 2023 | Listed | $239,000 | CanopyMLS |
| Nov 15, 2022 | Sold | $63,000 | CanopyMLS |
| Sep 29, 2022 | Listed | $63,000 | CanopyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $101,900 | $29,800 | $131,700 | $847 |
| 2023 | $33,300 | $25,300 | $58,600 | $386 |
| 2022 | $33,300 | $25,300 | $58,600 | $386 |
| 2021 | $33,300 | $25,300 | $58,600 | $386 |
| 2020 | $36,100 | $25,200 | $61,300 | $403 |
| 2019 | $36,100 | $25,200 | $61,300 | $403 |
| 2018 | $36,100 | $25,200 | $61,300 | $764 |
| 2017 | $36,100 | $25,200 | $61,300 | $764 |
| 2016 | $36,100 | $25,200 | $61,300 | $409 |
| 2015 | $36,100 | $25,200 | $61,300 | $385 |
| 2014 | $36,100 | $25,200 | $61,300 | $385 |
| 2013 | $36,100 | $25,200 | $61,300 | $385 |
| 2012 | $37,700 | $25,200 | $62,900 | $414 |
| 2011 | $37,700 | $25,200 | $62,900 | $756 |
| 2010 | $37,700 | $25,200 | $62,900 | $433 |
| 2009 | $37,700 | $25,200 | $62,900 | $433 |
| 2008 | $37,700 | $25,200 | $62,900 | $430 |
| 2007 | — | — | $62,900 | $430 |
Property facts
Year built
1945
Property type
land
Stories
1
Beds
2
Baths
1
Living area
1,348 sqft
Lot size
108,900 sqft
ZIP code
28645
City
Lenoir
Street
Valway Rd
Coordinates
35.94332, -81.55605
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,820
Gross rental yield
11.04%
Implied cap rate
7.18%
Trend-extrapolated value
—
Frequently asked questions
When did 2040 Valway Rd last sell?
2040 Valway Rd most recently sold on Feb 14, 2024 for $197,750.
What is the current tax assessment for 2040 Valway Rd?
The most recent total assessment for 2040 Valway Rd (year 2025) is $131,700 with $847 in property tax.
How does 2040 Valway Rd's assessment compare to its last sale price?
The current assessment is 33.4% below the last sale price of $197,750.
When was 2040 Valway Rd built?
2040 Valway Rd was built in 1945.
How does 2040 Valway Rd compare to others on Valway Rd?
We track 8 other properties on Valway Rd. Browse the list under "Other properties on Valway Rd" to compare beds, baths, and sale history.
What are the property facts for 2040 Valway Rd?
2040 Valway Rd is a 2 bed, 1 bath, 1,348 sqft, 108,900 sqft lot land.
Is 2040 Valway Rd a flip candidate?
Yes — 2040 Valway Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2040 Valway Rd a tax-appeal candidate?
No — 2040 Valway Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$265K
2026 Q4
$255.4K
ZIP 28645 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Valway Rd