NOT LISTED FOR SALE

112 Morgan Trace Dr SW Valdese, NC 28690

Estimated Value: $228,000 - $264,000

2 Beds
2 Baths
1,200 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $227,000 $189 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,695/month

2 Days on Market

Highlights

  • 1 Car Attached Garage
  • Patio
  • French Doors
  • Heritage Middle School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2024

Looking for a great walkable community with amazing neighbors, this is it! 2 Bedroom, 2 Bath townhome located in the community of Morgan Trace on the edge of Historic Valdese. This home features low maintenance living, the lawn care & the exterior care of your home are included. This one level home boasts a vaulted ceiling, natural gas water heater and heat as well as gas log fireplace with electric central air. The home features a large master bedroom with master bath and a walk in closet. The 2nd bath is located off the hall near the front bedroom. The spacious one car garage allows for an easy walk into your home along with ample storage. Luxury vinyl plank flooring throughout. Long term rentals are allowed after two years owner occupancy. Units rarely come available so don't wait to check it out.

Last Agent to Sell the Property

Debbi Moseley-Prince

RE/MAX Results Brokerage Email: debbimoseleyprince@remax.net License #295588 Listed on: 02/05/2024

RE/MAX Results

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 2000

Lot Details

  • 1,742

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Shared Driveway
  • 3 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Gas Fireplace
  • French Doors
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Valdese Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Doug Scalise President Association
  • Morgan Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 55212

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,957

Year Built

Built in 2000

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2000
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Long term rentals allowed after 2 years owner occupancy
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.17
  • Geocode Confidence: High
  • Attribution Contact: debbimoseleyprince@remax.net
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1200
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1200
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Gas Log, Gas Vented, Great Room, Living Room
  • Living Area: 1200
  • Bedroom Main: 2
  • Room Count: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Winter
  • Waterfront Elevation: 1000
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 340
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Faces Front, Shared Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Hall, Laundry Room, Main Level, Washer Hookup
  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Fiber Optics, Gas, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Doug Scalise - President
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1560.00

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Parcel Number: 55212
  • Plat Book Slide: 12/54
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Valdese
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Stark Keith Edward and Stark Kathleen Branon
Bought by
Keith E Stark And Kathleen B Stark Irrevocabl and Stark
Current Estimated Value
$255,966

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 27, 2024
Sold by
Moseley Charles R
Bought by
Stark Keith Edward and Stark Kathleen Branon
Seller's Agent
Debbi Moseley-Prince
RE/MAX Results
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Source: Public Records

Range of Values:

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Average Value
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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
Keith E Stark And Kathleen B Stark Irrevocabl -- None Listed On Document
Keith E Stark And Kathleen B Stark Irrevocabl -- None Listed On Document
Stark Keith Edward $227,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $227,000 +0.9% $189 / Sq Ft
02/05/2024 02/05/24 For Sale $225,000 -- $188 / 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
2024 $1,957 $191,193 $25,000 $166,193
2023 $2,143 $191,193 $25,000 $166,193
2022 $1,125 $150,038 $25,000 $125,038
2021 $1,119 $150,038 $25,000 $125,038
2020 $1,115 $150,038 $25,000 $125,038
2019 $1,115 $150,038 $25,000 $125,038
2018 $944 $125,416 $24,435 $100,981
2017 $942 $125,416 $24,435 $100,981
2016 $918 $125,416 $24,435 $100,981
2015 $915 $125,416 $24,435 $100,981
2014 $913 $125,416 $24,435 $100,981
2013 $913 $125,416 $24,435 $100,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4106407

Canopy MLS (Canopy Realtor® Association)

APN: 55212