NOT LISTED FOR SALE

103 Shady Rest Rd Morganton, NC 28655

Estimated Value: $267,000 - $321,000

4 Beds
3.5 Baths
2,063 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2022

Last sale price $275,000 $133 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,727 / mo

6 Days on Market

Highlights

  • Guest House
  • Wooded Lot
  • Wood Flooring
  • Robert L. Patton High School Rated 9+
  • Ranch Style House
  • Corner Lot

About This Home

As of October 2022

1.8 Miles To Downtown Morganton, Site Built, Extra Lot Included, 2 Car Detached Garage With Upstairs In-Law Quarters, Another Detached Large Workshop With Extra Half Bath & Basement Plus A Nice Shed! This Will Not Last Long! Call Now To See This Wonderful Home Close To Everything Morganton & I-40. This Home Would Make A Fantastic Airbnb Short Term Rental, No Restrictions - Ho HOA - Lots Of Parking! Per Seller: Two HVAC's Installed In 2019, New Flooring Installed In 2020, And Many New Light Fixtures Installed This Year.

Last Agent to Sell the Property

Paulo Benedeti

Coldwell Banker Newton RE License #302664 Listed on: 08/27/2022

Coldwell Banker Newton RE

Last Buyer's Agent

Paulo Benedeti

Coldwell Banker Newton RE License #302664 Listed on: 08/27/2022

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as R-3

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding
  • Hardboard

Interior Spaces

  • 2,063 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Parking

  • Detached Garage
  • Workshop in Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Forest Hill Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Guest House
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 2703-70-4679

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0.63 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1947
  • Ratio Current Price By Acre: 436507.94
  • Restrictions: None
  • Special Assessment Yn: 0
  • Second Living Quarters: Guest House
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 133.30
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Garage Shop, Pantry, Split Bedroom, Storage Unit
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 856
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1322
  • 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
  • Second Living Quarters Hla: 741
  • Porch: Back,Balcony,Covered,Front,Side
  • Appliances: Ceiling Fan(s), Gas Cooktop, Gas Oven, Natural Gas
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2063
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Shed(s), Storage, Terrace, Tractor Shed, Underground Power Lines, Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick, Hardboard Siding, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached, Garage - 2 Car, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: Liberty
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot, Orchard(s), Level, Paved, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 2703-70-4679
  • Additional Parcels Description: 2703-70-3698
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.08430

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest Hill
  • High School: Patton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Oct 5, 2022
Sold by
Bought by
Seller's Agent
Paulo Benedeti
Coldwell Banker Newton RE
Buyer's Agent
Paulo Benedeti
Coldwell Banker Newton RE
List Price
$249,397
Sold Price
$275,000
Premium/Discount to List
$25,603
10.27%
Current Estimated Value
$296,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,014
Avg. Annual Appreciation
2.04%
Original Mortgage
$270,019
Outstanding Balance
$257,821
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$38,193

Purchase Details

Closed on
Feb 1, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 --
$275,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,019
Closed $270,019
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $275,000 +10.3% $133 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $249,397 -- $121 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,546 $261,135 $17,685 $243,450
2024 $1,555 $261,135 $17,685 $243,450
2023 $1,550 $261,135 $17,685 $243,450
2022 $914 $119,655 $13,500 $106,155
2021 $908 $119,655 $13,500 $106,155
2020 $904 $119,655 $13,500 $106,155
2019 $904 $119,655 $13,500 $106,155
2018 $864 $113,978 $13,500 $100,478
2017 $862 $113,978 $13,500 $100,478
2016 $840 $113,978 $13,500 $100,478
2015 $837 $113,978 $13,500 $100,478
2014 $836 $113,978 $13,500 $100,478
2013 $836 $113,978 $13,500 $100,478
Source: Public Records

Agents Affiliated with this Home

  • Paulo Benedeti

    Seller's Agent in 2022

    Paulo Benedeti

    Coldwell Banker Newton RE

    (561) 860-1801

    9 in this area

    40 Total Sales

    Paulo Benedeti
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Map

Source: Canopy MLS

MLS Number: 3898874

Canopy MLS

APN: 3514

North Carolina Burke County Morganton 28655

103 Shady Rest Rd, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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