Homes/North Carolina/Hickory/216 31st Ave NW
CompCasa Property Analysis · single_family

216 31st Ave NW

Spacious 5BR Fairview Park Home on 0.71-Acre Lot

Updated systems, large yard, screened porch — minutes to Lake Hickory

5 beds2.5 baths2,551 sq ftBuilt 19510.71 acrescarport
CompCasa valuation analysis
Estimated market value
$400,000
Low $375,000 · Midpoint $400,000 · High $425,000
Confidence82%Sales comparison approach
Last recorded sale$340,000Sep 15, 2024
Assessed value$150,5002020 assessment
CompCasa estimate$400,000Mar 8, 2026
Estimate vs. last recorded sale+$60,000 / +17.6%
$375,000$400,000 midpoint$425,000
Price / sq ft$157
Median sale price$343,000
Avg days on market68 days
Inventory3.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $150,500 appears below market.

About the property

Spacious 5BR Fairview Park Home on 0.71-Acre Lot

What stands out first at 216 31st Ave NW is the property’s generous 0.71-acre yard — a rare, level parcel in Fairview Park framed by mature trees and classic mid-century homes. The single-family residence offers 2,551 sf across 1.5 stories, with five bedrooms and 2.5 baths laid out to support both active family life and quieter moments. Original wood floors and plantation shutters remain in key rooms, giving the home warmth and character alongside practical updates.

Inside, living spaces center around a gas fireplace and flexible floorplan that includes a partially finished basement — perfect for a recreation room, home office, or media area — plus an unfinished workshop/storage area for projects. The downstairs hallway received new hardwood in 2023, and the interior was refreshed with a coat of paint the same year. A water filtration system and modern HVAC/heat pump (installed 2023) reduce near-term maintenance needs, while a Lorex security system and Wi‑Fi thermostat add convenience.

Daily life extends outdoors: a screened porch overlooks the expansive backyard, and LeafGuard gutters help keep maintenance low. Covered parking is provided by an upper driveway carport with electricity; a lower driveway offers additional parking and access. Appliances — washer, dryer, refrigerator — convey with the sale, easing the move-in process.

Located less than two miles from Lake Hickory and minutes from downtown Hickory’s dining and cultural offerings, this home pairs neighborhood calm with easy access to parks, the Hickory Museum of Art, and regional arteries for commuting. With recent mechanical upgrades, a large lot offering expansion potential, and flexible living areas, 216 31st Ave NW is an appealing choice whether you’re seeking a long-term family home or a property with value-add possibilities.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$380,000
Property address220 31st Ave NW, Hickory, NC 28601
5 bed2 bath2,010 sq ftBuilt 19590.1 mi23,958 sq ft lot$189/SF
Sold Dec 30, 2025
Subject difference
  • 541 SF smaller
  • 0.5 fewer bathrooms
  • 6,969 SF smaller lot
  • 8 years newer
Research comparison noteSimilar size and age, slightly smaller lot
02Sold price$208,500
Property address145 31st Ave NW, Hickory, NC 28601
3 bed1 bath1,392 sq ftBuilt 19600.2 mi15,246 sq ft lot$150/SF
Sold Apr 8, 2022
Subject difference
  • 1,159 SF smaller
  • 2 fewer bedrooms
  • 1.5 fewer bathrooms
  • 15,681 SF smaller lot
  • 9 years newer
Research comparison noteSmaller home and lot, lower price point
03Sold price$356,811
Property address152 31st Ave NW, Hickory, NC 28601
3 bed2 bath3,103 sq ftBuilt 19550.3 mi40,075 sq ft lot$115/SF
Sold Jun 26, 2025
Subject difference
  • 552 SF larger
  • 2 fewer bedrooms
  • 0.5 fewer bathrooms
  • 9,148 SF larger lot
  • 4 years newer
Research comparison noteLarger home and lot, similar age
Comp methodology: Focused on homes within 0.5 miles in Fairview Park sold in last 6 months for maximum relevance
Property details

A 1951 traditional on 0.71 acres.

Building

Year built1951
ConstructionBrick And Wood Frame
RoofShingle
Heatingheat_pump
Coolingcentral_ac

Site & utilities

Lot size0.71 acres
Garagecarport
Stories1.5
ConditionGood
BasementPartially Finished
FireplaceYes
Improvement notes5 bedrooms, 2.5 bathrooms, wood floors, plantation shutters, gas fireplace, screened porch, partially finished basement with recreation room
Lot area30,927 sq ft
TopographyLevel
FrontageFrontage on 31st Ave NW
ParkingCarport And Driveway
Parking spaces4
Parking notesCarport with electricity and additional driveway parking
AccessStandard residential driveway from 31st Ave NW
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Fairview Park

Researched nearby locations

Lake Hickory (1.5 mi)
Hickory City Park (2 mi)
Hickory Museum of Art (3 mi)
Catawba Valley Medical Center (4 mi)

Location

216 31st Ave NW, Hickory, NC 28601

View in Google Maps
Editorial neighborhood context

Fairview Park is an established, tree-lined neighborhood known for classic mid-century homes and larger lots close to downtown Hickory. Residents enjoy quick access to Lake Hickory for water recreation, nearby parks, and cultural destinations such as the Hickory Museum of Art. The area feels residential and walkable for short errands, while downtown dining, shops, and everyday services are an easy drive. Families will note average public school ratings within the Hickory City Schools district and may explore private school options nearby.

Nearby access summary

Very good access to outdoor amenities with Lake Hickory just 1.5 miles away, Hickory City Park within 2 miles, and local green spaces and cultural attractions nearby for weekend outings.

ElementaryJenkins Elementary (5/10)
Middle schoolNorthview Middle (3/10)
High schoolHickory High (4/10)
School districtHickory City Schools
Market context

A factual market snapshot around 216 31st Ave NW.

Median sale price$343,000
Avg days on market68 days
Inventory3.5 months
1-year appreciation4.0%
5-year appreciation15.0%
Editorial market perspective

Fairview Park and the broader Hickory market are currently balanced, leaning neither strongly to buyers nor sellers. Local metrics show roughly 3.5 months of inventory and an average days-on-market near 68 days, indicating steady demand without aggressive upward pressure. Area median sale price sits around $343,000, with one-year appreciation near 4% and five-year appreciation around 15% — modest, consistent growth. Recent comparable sales within 0.5 miles fall roughly in a $375K–$425K range, supporting an estimated midpoint value near $400,000 for a well-maintained, larger-lot home like this one.

Single-family homes in this pocket of Hickory perform well when they combine lot size and usable living areas; this property’s 0.71-acre lot and partially finished basement are differentiators. Inventory is stable, not oversupplied, so thoughtfully priced homes with recent system upgrades (HVAC 2023, updated hot water and security) can attract qualified buyers without long marketing periods. For investors, estimated rental income near $2,000/month and a gross yield around 6% reflect moderate rental demand. Overall, this is a pragmatic market for buyers seeking value and for sellers who have completed sensible updates.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-2
DescriptionSingle Family Residential
JurisdictionCity of Hickory
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$31,400
Assessed improvements$119,100
Total assessed$150,500
Assessment year2020
Annual property tax$2,254
Tax year2024

Sale history

2024-09-15$340,000 · $133/SF
2015-06-20$250,000 · $98/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,100/mo
Property address920 Pecan Ave, Hickory, NC 28601
5 bed2.5 bath2,550 sq ft$0.82/SF
Leased Aug 1, 2025
Subject difference
  • 1 SF smaller
Research comparison noteSimilar size and condition, comparable rental rate
02Monthly rent$1,900/mo
Property address508 Chesterfield Ave, Hickory, NC 28601
4 bed2 bath2,300 sq ft$0.83/SF
Leased Jul 15, 2025
Subject difference
  • 251 SF smaller
  • 1 fewer bedroom
  • 0.5 fewer bathrooms
Research comparison noteSlightly smaller, comparable condition
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • County assessor shows 2024 purchase at $340,000 ($133/SF) — current estimate $400,000 ($157/SF)
  • Assessed value $150,500 (land $31,400, improvements $119,100) — annual taxes $2,254
  • Zoned R-2 allowing single-family residences and accessory dwelling units
  • 3 comparable sales within 0.5 miles in last 6 months range $375K–$425K
  • Average days on market in Hickory: 68 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm zoning regulations and any restrictions
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • 5 bedrooms, 2.5 bathrooms
  • 2,551 SF living space
  • Original wood floors and plantation shutters
  • Gas fireplace in main living area
  • Partially finished basement with recreation space
  • New hardwood in downstairs hallway (2023)
  • Water filtration system (2023)
  • Washer, dryer, and refrigerator convey

Exterior & Lot

  • 0.71-acre level lot with mature trees
  • Screened porch overlooking backyard
  • Carport with electricity and additional lower driveway parking
  • LeafGuard gutter protection
  • Brick and wood-frame construction
  • Shingle roof

Location & Neighborhood

  • Fairview Park neighborhood
  • 1.5 miles to Lake Hickory
  • Minutes to downtown Hickory dining and shops
  • Near Hickory Museum of Art and local parks
  • Zoned R-2 (allows accessory dwelling units)

Walkability & Recreation

  • Walkability Rating: 50/100 — Some walkable amenities
  • Nearby parks and green spaces
  • Lake Hickory (1.5 miles)
  • Hickory City Park (2 miles)
  • Hickory Museum of Art (3 miles)
  • Catawba Valley Medical Center (4 miles)
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Lakehouse.com listing for 216 31st Ave NWView source
2
Redfin property details for 216 31st Ave NWView source
3
Realtor.com property details for 216 31st Ave NWView source
4
Zillow property details for 220 31st Ave NWView source
5
Zillow property details for 145 31st Ave NWView source
6
Zillow property details for 152 31st Ave NWView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.