NOT LISTED FOR SALE

111 Rhyne St Morganton, NC 28655

Estimated Value: $208,000 - $274,000

4 Beds
2 Baths
1,868 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $125,000 $67 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,356/month

68 Days on Market

About This Home

As of October 2020

Spacious 4BR/2BA Craftsman-style bungalow in Downtown Morganton! This lovely mid-century home is ready to be lovingly updated. Situated on a large level lot near Western Piedmont Community College and the future NC School of Science and Mathematics. A wonderful backyard, charming covered front porch and large deck offer great outdoor living space. Large rooms and tall ceilings throughout give this home a spacious, airy feel. Hardwood floors throughout living areas and bedrooms on the main level. Dining room opens to kitchen with an informal breakfast bar. Lovely built-ins throughout. Two bedrooms and one bath on main level. Upper level features large master suite, a second bedroom with sitting area and a bonus room. Laundry on main level. Just blocks to Forest Hill Elementary School. City of Morganton electric, water, sewer. Piedmont Natural Gas. Home being sold as-is.

Last Agent to Sell the Property

Starla Hoke

McCombs & Hoke Real Estate License #188170 Listed on: 06/03/2020

Last Buyer's Agent

Maranda Tucker

White Property Management Inc License #315539

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.5

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2703011504

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.92661
  • Ratio Close Price By Original Li: 0.73573
  • Ratio Current Price By Acre: 250000.00
  • Ratio Current Price By Sq Ft: 66.92
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 512
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Electric Oven, Electric Range
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1356
  • Total Sq Ft: 1868

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Forest Hill
  • Middle School: Walter Johnson
  • High School: Freedom

Lot Info

  • Lot Size Area: 0.500
  • Parcel Number: 2703011504
  • Zoning Specification: MID

Tax Info

  • Tax Value: 110223.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Oct 26, 2020
Sold by
Linda Fair and Estate Of Valarie Miles Dunst
Bought by
Oscar Brazil Iii Wilburn and Wilson Brazil Leslie
Seller's Agent
Starla Hoke
McCombs & Hoke Real Estate
Buyer's Agent
Maranda Tucker
White Property Management Inc
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Current Estimated Value
$240,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,772
Avg. Annual Appreciation
14.13%
Original Mortgage
$93,750
Outstanding Balance
$83,424
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$157,348
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
Oscar Brazil Iii Wilburn $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oscar Brazil Iii Wilburn $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $125,000 -7.3% $67 / Sq Ft
10/21/2020 10/21/20 For Sale $134,900 0.0% $72 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $134,900 -10.0% $72 / Sq Ft
06/12/2020 06/12/20 Price Changed $149,900 -11.8% $80 / Sq Ft
06/03/2020 06/03/20 For Sale $169,900 -- $91 / 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 $960 $155,407 $18,000 $137,407
2024 $963 $155,407 $18,000 $137,407
2023 $958 $155,407 $18,000 $137,407
2022 $847 $110,103 $18,000 $92,103
2021 $841 $110,103 $18,000 $92,103
2020 $838 $110,223 $18,000 $92,223
2019 $838 $110,223 $18,000 $92,223
2018 $830 $109,031 $18,000 $91,031
2017 $812 $106,818 $18,000 $88,818
2016 $791 $106,818 $18,000 $88,818
2015 $788 $106,818 $18,000 $88,818
2014 $787 $106,818 $18,000 $88,818
2013 $787 $106,818 $18,000 $88,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625759

Canopy MLS (Canopy Realtor® Association)

APN: 30460