NOT LISTED FOR SALE

1063 Summers Rd Morganton, NC 28655

Estimated Value: $169,000 - $267,000

3 Beds
2 Baths
1,546 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $93,000 $60 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,189/month

179 Days on Market

Highlights

  • Attached Garage
  • Tile Flooring
  • Level Lot
  • Heritage Middle School Rated A-

About This Home

As of April 2020

Convenient location to both Morganton and Hickory. Home has unique floor plan and would make a very nice starter home. Main level has had some updating and living room has beautiful fireplace. Full bath on both levels. Yard is small but manageable with enough room for kids or fenced in yard.

Last Agent to Sell the Property

Timothy Truitt

WNC Real Estate Inc. License #255787 Listed on: 09/09/2019

Last Buyer's Agent

John Henderson

Western Piedmont Real Estate LLC License #291676

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 2723202531

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.92354
  • Ratio Close Price By Original Li: 0.74400
  • Ratio Current Price By Acre: 265714.29
  • Ratio Current Price By Sq Ft: 60.16
  • Year Built: 1963
  • Special Features: 20
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 773
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace Description: Living Room
  • Flooring: Carpet, Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 773
  • Total Sq Ft: 1546

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: No A/C, Oil Space Heater
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Drexel/Burton
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.350
  • Parcel Number: 2723202531
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 90936.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Joe Davis Ronald and Joe Sherry
Bought by
Davis Jason Edward
Current Estimated Value
$211,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$111,429
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$100,427

Purchase Details

Listed on
Sep 9, 2019
Closed on
Apr 9, 2020
Sold by
Reverse Mortgage Solutions Inc
Bought by
Davis Jason Edward and Davis Ronald Jo
Seller's Agent
Timothy Truitt
WNC Real Estate Inc.
Buyer's Agent
John Henderson
Western Piedmont Real Estate LLC
List Price
$100,700
Sold Price
$93,000
Premium/Discount to List
-$7,700
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.05%
Original Mortgage
$95,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2019
Sold by
Hubbard Nancy Lowman
Bought by
Reverse Mortgage Solutions Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davis Jason Edward -- Law Office Of Jared T Amos Pll
Davis Jason Edward $93,000 None Available
Reverse Mortgage Solutions Inc $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jason Edward $120,000
Previous Owner Davis Jason Edward $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2020 04/14/20 Sold $93,000 -7.6% $60 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $100,700 +8.3% $65 / Sq Ft
02/23/2020 02/23/20 Off Market $93,000 -- --
01/06/2020 01/06/20 Price Changed $100,700 -5.0% $65 / Sq Ft
12/27/2019 12/27/19 Price Changed $106,000 -7.8% $69 / Sq Ft
12/27/2019 12/27/19 For Sale $115,000 +23.7% $74 / Sq Ft
12/04/2019 12/04/19 Off Market $93,000 -- --
09/18/2019 09/18/19 Price Changed $115,000 -8.0% $74 / Sq Ft
09/09/2019 09/09/19 For Sale $125,000 -- $81 / 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 $825 $111,899 $8,050 $103,849
2024 $827 $111,899 $8,050 $103,849
2023 $827 $111,899 $8,050 $103,849
2022 $785 $90,936 $7,000 $83,936
2021 $779 $90,936 $7,000 $83,936
2020 $775 $90,936 $7,000 $83,936
2019 $427 $90,936 $7,000 $83,936
2018 $405 $88,086 $7,000 $81,086
2017 $403 $88,086 $7,000 $81,086
2016 $392 $88,086 $7,000 $81,086
2015 $389 $88,086 $7,000 $81,086
2014 $387 $88,086 $7,000 $81,086
2013 $387 $88,086 $7,000 $81,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3547872

Canopy MLS (Canopy Realtor® Association)

APN: 30436