Homes/North Carolina/Lenoir/703 Stage St NW
CompCasa Property Analysis · single_family

703 Stage St NW

Updated 2-Bed Bungalow — Metal Roof, New HVAC, Move-In Ready

Charming updated bungalow minutes from downtown Lenoir

2 beds1 baths788 sq ftBuilt 19500.14 acres
CompCasa valuation analysis
Estimated market value
$177,500
Low $165,000 · Midpoint $177,500 · High $190,000
Confidence70%Sales comparison approach
Last recorded sale$179,000Mar 9, 2026
CompCasa estimate$177,500Mar 11, 2026
Estimate vs. last recorded sale−$1,500 / −0.8%
$165,000$177,500 midpoint$190,000
Price / sq ft$226.85
Median sale price$200,000
Avg days on market75 days
Inventory3.5 months

Estimate anchored to current list price ($179,000) and AVM (~$177.6k), adjusted for size (788 SF), recent updates (roof 2022, HVAC 2024, kitchen & bath rehab), and local market for small single-family homes in Lenoir. No live comparable search performed.

About the property

Updated 2-Bed Bungalow — Metal Roof, New HVAC, Move-In Ready

Step inside a compact, smartly updated bungalow at 703 Stage St NW. At 788 square feet this one-story home delivers focused, efficient living with recent improvements that matter: a metal roof replaced in 2022, a new ductless heat/air system installed in 2024, updated plumbing and electrical, a fully refreshed kitchen and bath, new floors and a fresh palette inside and out. The result is a clean, comfortable house that requires minimal immediate investment.

The layout is simple and usable: two bedrooms flank a well-appointed full bath, and the living areas flow directly to the kitchen — newly renovated with quality finishes appropriate to the home’s scale. Flooring blends durable vinyl with preserved wood areas, and insulated windows help with energy efficiency. A partial basement provides useful storage that’s especially valuable in a home of this size. Outside, the sloped, low-maintenance lot (approx. 0.14 acres) and driveway parking keep upkeep easy and affordable.

Location is a practical draw: you’re a short drive or quick bike ride from downtown Lenoir’s shops, restaurants and services. Healthcare, grocery, and regional corridors (to Hickory and Morganton) are within easy reach. This property shows well as a primary residence for first-time buyers or downsizers, and it’s equally appealing to investors seeking a turnkey 2-bed rental with solid rent potential.

Given the recent capital work and move-in readiness, this bungalow offers an unusually low barrier to ownership in the Lenoir market. Schedule a showing to see the efficient layout and recent upgrades — this home can be put into service quickly either for living or leasing.

Property details

A 1950 bungalow on 0.14 acres.

Building

Year built1950
ConstructionWood Frame
RoofMetal (Replaced 2022)
Heatingductless (installed 2024)
Coolingductless (installed 2024)

Site & utilities

Lot size0.14 acres
Stories1
ConditionGood
BasementPartial
FireplaceNo
Improvement notesMultiple recent updates: new floors, new kitchen, new bath, updated plumbing and electrical, painted inside/out. Partial basement for storage.
Lot area6,098 sq ft
TopographySloping
ParkingDriveway
Parking spaces2
Parking notesDriveway parking only; no garage listed.
AccessStandard residential street access from Stage St NW
WaterCity
SewerPublic Sewer
ElectricUtility Service (Provider Unknown)
GasNone Listed / Likely Electric
Location & nearby

Northwest Lenoir / near downtown

Researched nearby locations

Downtown Lenoir (0.5–1.0 mi)
Caldwell Memorial Hospital (2-3 mi)

Location

703 Stage St NW, Lenoir, NC 28645

View in Google Maps
Editorial neighborhood context

Northwest Lenoir is an established in-town neighborhood that blends older residential character with convenient access to downtown services. Streets are lined with modest yards and mature trees; homes here attract buyers seeking walkable access to shops and practical commutes to regional employment centers in the Hickory-Lenoir corridor. The area is well-suited to first-time buyers, small families, and downsizing retirees.

Nearby access summary

Good access to regional outdoor recreation in the foothills — short drives to hiking, scenic drives and water recreation; local parks for day-to-day use.

ElementaryLenoir Elementary School (approx. 6/10) — Caldwell County Schools
Middle schoolGamewell Middle School (approx. 6/10) — Caldwell County Schools
High schoolHibriten High School (approx. 7/10) / Caldwell Early College options nearby
School districtCaldwell County Schools
Market context

A factual market snapshot around 703 Stage St NW.

Median sale price$200,000
Avg days on market75 days
Inventory3.5 months
1-year appreciation300.0%
5-year appreciation1000.0%
Editorial market perspective

Lenoir and Caldwell County in 2026 remain an affordability-oriented market within the Hickory-Lenoir-Morganton MSA. Median single-family sale prices in the area sit near $200k, and inventory is moderate — typically 3–4 months — which leads to steady if not frenzied activity. Small, well-renovated homes like this one perform well with first-time buyers and downsizers because recent system upgrades lower near-term maintenance expense. Average days on market across the broader area commonly falls in the 60–90 day range; this specific listing has been on the market longer than average, so aggressive pricing and targeted marketing toward local buyers and investors will help accelerate a sale. With modest 1–3% yearly upside currently and stronger multi-year appreciation (5–10% over five years), a conservative buyer should see this as a stable, affordable entry into the market.

Zoning & land use

Recorded zoning information.

Zoning

JurisdictionCity of Lenoir / Caldwell County
Current useResidential

Research-indicated uses

  • Single Family Residential (Typical For In Town Lot)
  • Accessory Uses Subject To Local Ordinance (Sheds, Small Accessory Buildings)
  • Potential For Owner Occupant Or Small Rental Unit
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.

Sale history

2023-11-13$135,000
2000-04-01$34,000
2026-03-09$179,000
Research findings & due diligence

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

Key findings

  • 788 SF single-story bungalow built in 1950 with 2 beds / 1 bath.
  • Lot ~6,098 SF (0.14 ac), sloped lot.
  • List price $179,000; AVM ~ $177,634; price per SF ~ $227 (as provided).
  • No garage; driveway parking only.
  • Multiple recent updates reduce near-term capital needs.
Highlights & features

What stands out about this property.

01Metal roof (2022) and new ductless HVAC (2024)
02New kitchen, new bath, new floors and fresh paint
03Partial basement for additional storage
04Driveway parking; short distance to downtown Lenoir

Interior Features

  • 2 bedrooms, 1 full bathroom
  • Newly renovated kitchen with updated cabinets and appliances
  • New bathroom fixtures and finishes
  • Mixed vinyl and wood flooring throughout
  • Insulated windows
  • Laundry on main level (in kitchen)

Exterior & Lot

  • Metal roof replaced in 2022
  • Driveway parking (no garage)
  • Partial basement for storage
  • Sloped 0.14-acre lot, low maintenance landscaping

Location & Neighborhood

  • Minutes to downtown Lenoir retail and dining
  • Short drive to Caldwell Memorial Hospital
  • Quick access to regional corridors toward Hickory and Morganton
  • Established residential block with mature trees

Walkability & Recreation

  • Walkability Rating: 55/100
  • Nearby parks and community amenities within a few minutes' drive
  • Close to foothills outdoor destinations for hiking and weekend recreation
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin / MLS (pre-scraped data)View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.