NOT LISTED FOR SALE

115 Belvedere Dr Unit 16 Morganton, NC 28655

Estimated Value: $590,000 - $699,000

1.5 Acres
$423,685 Price per Acre
65,340 Sq Ft Lot

Last Sold June 29, 2022

Last sale price $20,000

Est. 3,078% increase in value since last sale

Current estimated payment $3,608/month

322 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope

About This Lot

As of June 2022

10K BELOW TAX VALUE! Large building lot in desirable Morganton neighborhood. Located in the city limits, this homesite has city maintained streets, water, and sewer, natural gas and underground utilities. Quiet culdesac location in established neighborhood. Lower portion of this lot is in a floodplain but plenty of room to build.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 08/11/2021

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Kevin Nadeau

Morgan-Trace Real Estate License #251903

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,304

Lot Details

  • Lot Dimensions are 281x426x291x309
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Recreational/2nd House, Residential
  • Property is zoned LID, LID

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Underground Utilities

Community Details

  • Belvedere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1794672518

Property Details

Property Type

Land

Est. Annual Taxes

$3,304

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 12269.94
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: City Street, Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Tax Location: Morganton
  • Construction Type: Site Built
  • Waterfront Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Telephone On-Site, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Flood Fringe Area, Rolling Slope, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 1794672518
  • Out Buildings Yn: 0
  • Plat Book Slide: 11/177
  • Can Be Subdivided: 0
  • Lot Size: 281x426x291x309
  • Zoning Description: LID

Tax Info

  • RATIO List Price By Tax Amount: 0.74894

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Michael Cioffoetti
Bought by
Taylor Carolina Development Llc
Current Estimated Value
$635,527

Purchase Details

Closed on
Nov 4, 2022
Sold by
Yankee Building Company Llc
Bought by
Cioffoletti Michael

Purchase Details

Listed on
Aug 11, 2021
Closed on
Jun 27, 2022
Sold by
Lane William H and Lane Tanya N
Bought by
Yankee Building Company Llc
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Kevin Nadeau
Morgan-Trace Real Estate
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.54%
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
Taylor Carolina Development Llc -- --
Cioffoletti Michael -- --
Cioffoletti Michael -- None Listed On Document
Yankee Building Company Llc $20,000 Dill G Redmond
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $20,000 -42.9% --
08/11/2021 08/11/21 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
2025 $3,304 $577,801 $24,233 $553,568
2024 $1,925 $327,064 $24,233 $302,831
2023 $136 $24,233 $24,233 $0
2022 $325 $46,733 $46,733 $0
2021 $325 $46,733 $46,733 $0
2020 $325 $46,733 $46,733 $0
2019 $325 $46,733 $46,733 $0
2018 $325 $46,733 $46,733 $0
2017 $325 $46,733 $46,733 $0
2016 $318 $46,733 $46,733 $0
2015 $318 $46,733 $46,733 $0
2014 $318 $46,733 $46,733 $0
2013 $318 $46,733 $46,733 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3772461

Canopy MLS (Canopy Realtor® Association)

APN: 47853