NOT LISTED FOR SALE

106 S King St Morganton, NC 28655

Estimated Value: $955,000 - $1,726,000

5 Beds
6.5 Baths
7,135 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $1,150,000 $161 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,863/month

17 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Wood Flooring
  • Robert L. Patton High School Rated 9+
  • Outdoor Fireplace
  • 4-minute walk to Martha's Park

About This Home

As of July 2019

Be on the forefront of the Renaissance of Downtown Morganton. Described as an up and coming smaller version of Asheville, Morganton is seeing new energy from a vibrant craft beer scene, state wide acclaimed restaurants, and a reclaiming of upper level loft spaces into cool living areas. Situated a block from center city sits a one of a kind gated compound that makes an impressive statement about what is happening in Downtown Morganton. Within the rock walls are multiple structures with over 7000 square feet of living space, elegant outdoor spaces, and attention to details that befits this special property.

Last Agent to Sell the Property

Mike Watts

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 05/22/2019

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Co-Listed By

Huntie Jokinen

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #210530

Last Buyer's Agent

Liz Beach

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #200052

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Corner Lot
  • Level Lot
  • Irrigation

Parking

  • Brick Driveway

Home Design

  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Fireplace
  • City Views

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2703263400

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0.65 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.88462
  • Ratio Close Price By Original Li: 0.88462
  • Ratio Current Price By Acre: 1769230.77
  • Ratio Current Price By Sq Ft: 161.18
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 2420
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Electric, Dishwasher, Refrigerator, Security System
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 4
  • Sq Ft Basement: 1318
  • Main Level Sq Ft: 3397
  • Total Sq Ft: 7135
  • Sq Ft Unheated Basement: 90
  • Sq Ft Unheated Total: 90

Exterior Features

  • Construction: Brick Partial, Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Outdoor Fireplace, Outdoor Kitchen, Terrace

Garage/Parking

  • Driveway: Brick
  • Parking: Detached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Features: City View, Corner Lot, Level
  • Parcel Number: 2703263400
  • Zoning Specification: Morg

Tax Info

  • Tax Value: 994933.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2023
Sold by
City Of Morganton
Bought by
Toner Laura S and Toner Jeffrey B
Current Estimated Value
$1,387,440

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 9, 2019
Sold by
Bridges James Michael
Bought by
Toner Laura S and Toner Jeffrey B
Seller's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Liz Beach
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Westra Donald F
Bought by
Bridges James M and Bridges Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

Date Buyer Sale Price Title Company
Toner Laura S $25,000 None Listed On Document
Toner Laura S $1,150,000 None Available
Bridges James M $837,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bridges James M $670,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Sold $1,150,000 -11.5% $161 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $1,300,000 -- $182 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $7,727 $1,374,859 $130,000 $1,244,859
2024 $7,792 $1,374,859 $130,000 $1,244,859
2023 $7,875 $1,374,859 $130,000 $1,244,859
2022 $7,514 $1,057,545 $130,000 $927,545
2021 $7,502 $1,057,545 $130,000 $927,545
2020 $7,494 $1,057,545 $130,000 $927,545
2019 $7,059 $994,933 $130,000 $864,933
2018 $5,987 $840,734 $130,000 $710,734
2017 $5,983 $840,734 $130,000 $710,734
2016 $5,847 $840,734 $130,000 $710,734
2015 $5,841 $840,734 $130,000 $710,734
2014 $5,838 $840,734 $130,000 $710,734
2013 $5,838 $840,734 $130,000 $710,734
Source: Public Records

Agents Affiliated with this Home

  • Mike Watts

    Seller's Agent in 2019

    Mike Watts

    Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    (828) 443-4861

    21 in this area

    73 Total Sales

    Mike Watts
    Section Image

  • H

    Seller Co-Listing Agent in 2019

    Huntie Jokinen

    Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    (828) 438-3660

    12 in this area

    17 Total Sales

    Huntie Jokinen
    Section Image

  • L

    Buyer's Agent in 2019

    Liz Beach

    Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    (828) 443-2863

    18 in this area

    40 Total Sales

    Liz Beach
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3510409

Canopy MLS (Canopy Realtor® Association)

APN: 8051

North Carolina Burke County Morganton 28655

106 S King St, Morganton, NC

Not Listed for Sale

Detached

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 (Canopy Realtor® Association) 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

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