NOT LISTED FOR SALE

110 River Hills Way Unit 12 & 13 Morganton, NC 28655

Estimated Value: $420,000 - $451,712

1.39 Acres
$310,200 Price per Acre
60,548 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $34,000

Est. 1,168% increase in value since last sale

Current estimated payment $2,442/month

453 Days on Market

Highlights

  • 1.39 Acre Lot
  • Wooded Lot
  • Cul-De-Sac
  • Drexel Elementary School Rated 9+
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of October 2021

Saved the best for last! Only available lots 12 & 13 in desirable River Hills neighborhood. Convenient to downtown and shopping. Excellent buildable total 1.39 acre lots at the end of the cul-de-sac. Owner states basement lot with 2 water taps located at the street. Septic needed. Property is private & wooded. Driveby anytime. Call for listing office for additiona information.

Last Agent to Sell the Property

Toni Powers

The Powers Realty Group LLC Brokerage Email: ptoni@bellsouth.net License #260108 Listed on: 07/18/2020

Last Buyer's Agent

Christie Leonard

WNC Real Estate at Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,976

Lot Details

  • 1.39 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential

Schools

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

Utilities

  • Underground Utilities
  • Septic Needed

Community Details

  • No Home Owners Association
  • River Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52181

Property Details

Property Type

Land

Est. Annual Taxes

$1,976

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Modular Allowed,Other - See Remarks,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: No Mobile Homes Minimum building size
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: ptoni@bellsouth.net
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Private Estate, Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 220
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Underground Power Lines, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Rolling Slope, Wooded
  • Lot Size Area: 1.39
  • Lot Size Units: Acres
  • Parcel Number: 52181
  • Zoning: R
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 12/245
  • Cleared Acres: 0.00
  • Lot Size Acres: 1.39
  • Lot Size: irregular
  • Lot Size Sq Ft: 60548
  • Wooded Area: 1.39
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

Green Features

  • Green Verification Count: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Shuping Properties Llc
Bought by
Ervin Rebecca K
Current Estimated Value
$431,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$369,755
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$61,423

Purchase Details

Closed on
Aug 19, 2022
Sold by
Shuping Properties Llc
Bought by
Benfield Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2020
Closed on
Oct 29, 2021
Sold by
Chandler Regina A
Bought by
Shuping Properties Llc
Seller's Agent
Toni Powers
The Powers Realty Group LLC
Buyer's Agent
Christie Leonard
WNC Real Estate at Lake James
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.49%
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
Ervin Rebecca K $420,000 None Listed On Document
Ervin Rebecca K $420,000 None Listed On Document
Benfield Maggie $355,000 Ayers James R
Benfield Maggie $355,000 None Listed On Document
Shuping Properties Llc $34,000 None Listed On Document
Shuping Properties Llc $34,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Rebecca K $378,000
Closed Ervin Rebecca K $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $34,000 -2.9% --
10/14/2021 10/14/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $35,000 0.0% --
08/30/2020 08/30/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $35,000 -- --
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
2024 $1,976 $336,295 $37,734 $298,561
2023 $211 $37,734 $37,734 $0
2022 $187 $26,853 $26,853 $0
2021 $187 $26,853 $26,853 $0
2020 $183 $26,853 $26,853 $0
2019 $187 $26,853 $26,853 $0
2018 $187 $26,853 $26,853 $0
2017 $187 $26,853 $26,853 $0
2016 $183 $26,853 $26,853 $0
2015 $183 $26,853 $26,853 $0
2014 $183 $26,853 $26,853 $0
2013 $183 $26,853 $26,853 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3642415

Canopy MLS (Canopy Realtor® Association)

APN: 52181