NOT LISTED FOR SALE

103 5th St Morganton, NC 28655

Estimated Value: $247,000 - $269,000

3 Beds
1 Bath
1,178 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $216,000 $183 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,465/month

48 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • Vinyl Flooring
  • Front Porch

About This Home

As of August 2022

This tastefully renovated one-level home is the perfect place to create wonderful memories with easy access to the Fonta Flora Trail, Mountain View Rec, and Catawba Meadows. Open living, dining, and kitchen with new cabinets and granite counter tops, 3 bedrooms, full bathroom with dual sinks, large den, and separate laundry room completes this home. There's no shortage of activities for friends and family during off hours...this home offers easy access to restaurants, shopping, and parks within a few minutes walk. This property makes a great investment or primary residence. Enjoy all downtown Morganton has to offer!

Last Agent to Sell the Property

Leanne Brittain

Nest Realty Morganton License #268867 Listed on: 07/06/2022

Nest Realty Morganton

Last Buyer's Agent

Andy Ball

Town and Mountain Realty License #279768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1979

Lot Details

  • Sloped Lot
  • Zoning described as Morganto

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • Open Floorplan
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Additional Features

  • Front Porch
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2703083731

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Ratio Current Price By Acre: 771428.57
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 183.36
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1178
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1178
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 2703083731
  • Plat Reference Section Pages: 7/23
  • Zoning Description: Morganto
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 3.08483

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 22, 2022
Sold by
Franklin Joseph E and Franklin Paula M
Bought by
Barnette Grayson Lane
Seller's Agent
Leanne Brittain
Nest Realty Morganton
Buyer's Agent
Andy Ball
Town and Mountain Realty
List Price
$215,000
Sold Price
$216,000
Premium/Discount to List
$1,000
0.47%
Current Estimated Value
$258,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,286
Avg. Annual Appreciation
5.80%
Original Mortgage
$209,520
Outstanding Balance
$200,312
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$57,974

Purchase Details

Closed on
Apr 9, 2008
Sold by
Fip Llc
Bought by
Franklin Joseph Eric and Franklin Paula Marta
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnette Grayson Lane $216,000 Shames Aycock Law Firm
Franklin Joseph Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnette Grayson Lane $209,520
Closed Barnette Grayson Lane $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $216,000 +0.5% $183 / Sq Ft
07/06/2022 07/06/22 For Sale $215,000 -- $183 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,198 $198,402 $11,200 $187,202
2024 $1,204 $198,402 $11,200 $187,202
2023 $1,199 $198,402 $11,200 $187,202
2022 $566 $69,696 $11,200 $58,496
2021 $560 $69,696 $11,200 $58,496
2020 $556 $69,696 $11,200 $58,496
2019 $556 $69,696 $11,200 $58,496
2018 $554 $69,316 $16,800 $52,516
2017 $552 $69,316 $16,800 $52,516
2016 $536 $69,316 $16,800 $52,516
2015 $533 $69,316 $16,800 $52,516
2014 $532 $69,316 $16,800 $52,516
2013 $532 $69,316 $16,800 $52,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879127

Canopy MLS (Canopy Realtor® Association)

APN: 31388