NOT LISTED FOR SALE

107 Terrace Place Morganton, NC 28655

Morganton Area

Estimated Value: $493,000 - $660,000

5 Beds
3 Baths
3,571 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2012

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

Est. 119% increase in value since last sale

Current estimated payment $3,378 / mo

91 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • 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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

1.06 Acres

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

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
Nov 5, 2011
Closed on
Mar 30, 2012
Sold by
Bought by
List Price
$265,500
Sold Price
$265,500
Current Estimated Value
$581,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,193
Avg. Annual Appreciation
5.62%
Original Mortgage
$212,400
Outstanding Balance
$141,236
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$440,457
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morganton, NC

  • Dawn Kilby Real Estate Agent - Realty Executives of Hickory

    Dawn Kilby

    Realty Executives of Hickory

    (828) 523-8738

    136 Total Sales

    3 in Morganton

    $95K - $345K Price Range

    Dawn Kilby
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  • Marty Pennell Real Estate Agent - Weichert, Realtors - Team Metro

    Marty Pennell

    Responds Quickly

    Weichert, Realtors - Team Metro

    (704) 325-8726

    237 Total Sales

    1 in Morganton

    $203,000 Price

    Marty Pennell
     Section Image
  • Rosie Johnson Real Estate Agent - GreyBeard Realty

    Rosie Johnson

    GreyBeard Realty

    (828) 672-3768

    115 Total Sales

    1 in Morganton

    $433,900 Price

    Rosie Johnson
     Section Image
  • Rhonda Fisher Real Estate Agent - Keller Williams Unified

    Rhonda Fisher

    Keller Williams Unified

    (844) 329-5632

    67 Total Sales

    1 in Morganton

    $162,500 Price

    Rhonda Fisher
     Section Image
  • Cindy Ledbetter Real Estate Agent - The Marion Agency LLC

    Cindy Ledbetter

    The Marion Agency LLC

    (828) 655-7461

    95 Total Sales

    3 in Morganton

    $150K - $218K Price Range

    Cindy Ledbetter
     Section Image
  • Cecilia Reel Real Estate Agent - Mountain Lake Realty

    Cecilia Reel

    Mountain Lake Realty

    (828) 655-7495

    118 Total Sales

    1 in Morganton

    $710,000 Price

    Cecilia Reel
     Section Image
See All Agents

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
$265,500 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 $71,000
Open $212,400
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
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

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 $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

MLS Number: CARB22376

Canopy MLS

APN: 3778

North Carolina Burke County Morganton 28655

107 Terrace Place, 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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