NOT LISTED FOR SALE

116 Oak St Morganton, NC 28655

Estimated Value: $176,000 - $226,000

2 Beds
2 Baths
1,307 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $100,000 $77 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,133/month

Highlights

  • Wood Flooring
  • Cottage
  • Level Lot
  • Robert L. Patton High School Rated 9+
  • Shed

About This Home

As of March 2019

Charming 2BR/2BA brick cottage within a few blocks of downtown Morganton shopping, dining, and entertainment. Covered front porch opens to spacious foyer with large coat closet. Large living room and dining room on main level. Two gracious sized bedrooms with large closets, and his and her closets, built-in vanity and full bath. Beautiful, updated kitchen with granite look countertops, new appliances on lower level. Open family room with brick fireplace, built-in and full bath with ceramic tile shower on lower level. Screened porch opens from family room and overlooks, large, level back yard. Detached building was formerly used as a workshop/garage. Laundry on lower level.

Last Agent to Sell the Property

Starla Hoke

McCombs & Hoke Real Estate License #188170 Listed on: 02/18/2019

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,019

Home Design

  • Cottage
  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Additional Features

  • Oven
  • 2 Full Bathrooms
  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 2704317501

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Acre: 434782.61
  • Ratio Current Price By Sq Ft: 76.51
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Oven, Exhaust Hood, Refrigerator
  • Flooring: Tile, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 423
  • Main Level Sq Ft: 884
  • Total Sq Ft: 1307
  • Sq Ft Unheated Basement: 423
  • Sq Ft Unheated Total: 423

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50x202x50x197
  • Lot Features: Level
  • Parcel Number: 2704317501
  • Zoning Specification: AA1

Tax Info

  • Tax Value: 74416.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 25, 2019
Sold by
Investoaks
Bought by
Conners Kathleen
Seller's Agent
Starla Hoke
McCombs & Hoke Real Estate
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Current Estimated Value
$203,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,449
Avg. Annual Appreciation
11.04%
Original Mortgage
$102,000
Outstanding Balance
$90,509
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$112,940

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 2, 2018
Sold by
Barrier Gina Renee
Bought by
Investoaks Llc
Seller's Agent
Joy Filice
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
John Henderson
Western Piedmont Real Estate LLC
List Price
$63,000
Sold Price
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.09%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Gibson Pamela Lynn Sims and Gibson Charles E
Bought by
Barrier Gina Renee

Purchase Details

Closed on
Oct 28, 2005
Sold by
Sims Jeffrey Lee
Bought by
Gibson Pamela Lynn Ims
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conners Kathleen $100,000 None Available
Investoaks Llc $63,000 None Available
Barrier Gina Renee -- Attorney
Gibson Pamela Lynn Ims -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conners Kathleen $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2019 03/27/19 Sold $100,000 -4.8% $77 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $105,000 +66.7% $80 / Sq Ft
05/02/2018 05/02/18 Sold $63,000 0.0% $50 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $63,000 -- $50 / 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 $838 $133,576 $9,344 $124,232
2024 $841 $133,576 $9,344 $124,232
2023 $836 $133,576 $9,344 $124,232
2022 $706 $89,850 $7,475 $82,375
2021 $700 $89,850 $7,475 $82,375
2020 $696 $89,850 $7,475 $82,375
2019 $589 $74,416 $7,475 $66,941
2018 $547 $68,304 $7,475 $60,829
2017 $545 $68,304 $7,475 $60,829
2016 $529 $68,304 $7,475 $60,829
2015 $526 $68,304 $7,475 $60,829
2014 $525 $68,304 $7,475 $60,829
2013 $525 $68,304 $7,475 $60,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3454829

Canopy MLS (Canopy Realtor® Association)

APN: 6809