NOT LISTED FOR SALE

107 Terrace Place Morganton, NC 28655

Estimated Value: $508,000 - $635,000

5 Beds
3 Baths
3,571 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $265,500 $74 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,171/month

91 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • 4-minute walk to Martha's Park
  • Robert L. Patton High School Rated 9+
  • Gas Log Fireplace

About This Home

As of March 2012

Beautiful craftsman styled home located in a charming neighborhood 1 block from downtown Morganton and Martha's Park. Large formal living and dining rooms have original coffered ceilings. Close attention to detail and many original tile and moldings make this home quite a treasure. Main level has 3 bedrooms, 2 baths, 10' ceilings and is perfect for someone looking for one-level living, but also needs extra space. The upstairs has 2 bedrooms and 1 full bath. Spacious sunroom is currently being used as family room, office and has a pool table. Kitchen is equipped with butler pantry, double oven, 2 drawer dishwasher, stainless countertops, stainless appliances and a 5 burner gas stovetop with microwave above. The hill in front of the house was professionally planned with a variety of perennials for easy care. Other amenities include attic storage, unfinished partial basement and detached garage. Shared driveway. 1 acre, 3571 heated square feet. DON'T LET THE CATS OUT WHEN SHOWING

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 1.06

Parking

  • 1

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Oven

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 2703161311

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Ratio Close Price By List Price: 0.96231
  • Ratio Current Price By Acre: 250235.63
  • Ratio Current Price By Sq Ft: 74.35
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Doors and Windows: Storm Window(s)
  • Equipment: Ceiling Fan(s), Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Refrigerator, Washer Connection
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Skylight(s), Window Treatments
  • Room Count: 11
  • Total Sq Ft: 3571
  • Sq Ft Unheated Basement: 836
  • Sq Ft Unheated Total: 836

Exterior Features

  • Construction: Brick Full, Vinyl

Garage/Parking

  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Public Sewer

Lot Info

  • Lot Dimension: See Survey
  • Parcel Number: 2703161311

Tax Info

  • Tax Value: 231707.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2011
Closed on
Mar 30, 2012
Sold by
Jackson S Scott and Jackson Mary Beth
Bought by
Kropelnicki Janna M and Bailey Mary E
List Price
$265,500
Sold Price
$265,500
Current Estimated Value
$575,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,314
Avg. Annual Appreciation
5.76%
Original Mortgage
$212,400
Outstanding Balance
$146,568
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$429,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kropelnicki Janna M $265,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kropelnicki Janna M $212,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $265,500 0.0% $74 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
11/05/2011 11/05/11 For Sale $265,500 -- $74 / 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 $2,165 $372,628 $89,756 $282,872
2024 $2,180 $372,628 $89,756 $282,872
2023 $2,175 $372,628 $89,756 $282,872
2022 $1,718 $235,376 $64,111 $171,265
2021 $1,712 $235,376 $64,111 $171,265
2020 $1,708 $235,376 $64,111 $171,265
2019 $1,708 $235,376 $64,111 $171,265
2018 $1,701 $234,317 $64,111 $170,206
2017 $1,695 $233,812 $64,112 $169,700
2016 $1,655 $233,812 $64,112 $169,700
2015 $1,652 $233,812 $64,112 $169,700
2014 $1,651 $233,812 $64,112 $169,700
2013 $1,651 $233,812 $64,112 $169,700
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB22376

Canopy MLS (Canopy Realtor® Association)

APN: 3778

North Carolina Burke County Morganton 28655

107 Terrace Place, Morganton, NC

Not Listed for Sale

Detached

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