NOT LISTED FOR SALE

116 Riverside Ct Morganton, NC 28655

Estimated Value: $591,000 - $616,694

4 Beds
3.5 Baths
3,532 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $530,000 $150 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,426/month

170 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Robert L. Patton High School Rated 9+
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2024

You will love this traditional yet informal home located in the sought after Riverside area of Morganton. Beamed ceilings and stone fireplaces grace both the living area and primary suite on the main floor. Well appointed kitchen leads to office/den and the formal dining room which also has a fireplace for cozy meals. Primary bath has double sinks, a whirlpool bath, glass shower and double walk in closets. Upper level features 2 bedrooms, a full bath and an office area in the upper foyer. Lower level has new vinyl plank flooring in the family room and exercise room or 4th bedroom with large walk in closet. Basement also has full bath and large laundry with storage. Full length deck for enjoying the private, wooded rear yard or enjoy relax on the covered front porch. Circular drive and two car basement garage. New roof 2023. Walking distance to downtown Morganton shops, restaurants and entertainment.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James Brokerage Email: polly.leadbetter@evrealestate.com License #210179 Listed on: 12/18/2023

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Bobbie McCombs

McCombs & Hoke Real Estate License #169800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Level Lot
  • Wooded Lot
  • Property is zoned LID-NCO, LID

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Front Facing Garage
  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7067

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1948
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.06
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: polly.leadbetter@evrealestate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Parquet, Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Garden Tub, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1949
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 47
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 527
  • Sq Ft Unheated Upper: 480
  • Sq Ft Upper: 725
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 2674
  • Has Basement: Basement Garage Door, Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 858
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom, Other - See Remarks
  • Living Area: 3532
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: all security cameras and ring doorbell
  • Construction Type: Aluminum, Brick Full, Vinyl
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Circular Driveway, Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Gas, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 7067
  • Zoning: LID
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID-NCO

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Jun 28, 2024
Sold by
Faridi Jeeshan Ali
Bought by
Fischer Marcia Gardin
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$580,000
Sold Price
$530,000
Premium/Discount to List
-$50,000
-8.62%
Views
427
Current Estimated Value
$604,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,674
Avg. Annual Appreciation
9.19%
Original Mortgage
$270,000
Outstanding Balance
$266,794
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$337,880

Purchase Details

Listed on
Dec 18, 2023
Closed on
Jun 7, 2024
Sold by
Lockard Sara Helen
Bought by
Alt Faridi Jeeshan
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$580,000
Sold Price
$530,000
Premium/Discount to List
-$50,000
-8.62%
Views
427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$266,794
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$337,880

Purchase Details

Listed on
May 19, 2022
Closed on
Nov 21, 2022
Sold by
Sharp Willis D and Smith Martha
Bought by
Faridi Jeeshan Ali and Lockard Sara Helen
Seller's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Mark Causby
Coldwell Banker Newton RE
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Views
176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$494,000
Interest Rate
5.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fischer Marcia Gardin $530,000 None Listed On Document
Alt Faridi Jeeshan -- None Listed On Document
Alt Faridi Jeeshan -- None Listed On Document
Faridi Jeeshan Ali $520,000 --
Faridi Jeeshan Ali $520,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Marcia Gardin $270,000
Previous Owner Faridi Jeeshan Ali $494,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $530,000 -3.6% $150 / Sq Ft
05/16/2024 05/16/24 Price Changed $549,999 -2.7% $156 / Sq Ft
04/05/2024 04/05/24 Price Changed $565,000 -2.6% $160 / Sq Ft
02/27/2024 02/27/24 For Sale $580,000 +9.4% $164 / Sq Ft
02/16/2024 02/16/24 Off Market $530,000 -- --
12/18/2023 12/18/23 For Sale $580,000 +11.5% $164 / Sq Ft
11/30/2022 11/30/22 Sold $520,000 -5.3% $145 / Sq Ft View Prior Sale
09/30/2022 09/30/22 Price Changed $549,000 -4.5% $153 / Sq Ft
08/11/2022 08/11/22 Price Changed $575,000 -3.4% $161 / Sq Ft
05/19/2022 05/19/22 For Sale $595,000 -- $166 / 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 $3,094 $540,087 $45,500 $494,587
2024 $3,114 $540,087 $45,500 $494,587
2023 $3,109 $539,421 $45,500 $493,921
2022 $2,029 $280,214 $45,500 $234,714
2021 $2,023 $280,214 $45,500 $234,714
2020 $2,019 $280,214 $45,500 $234,714
2019 $2,019 $280,214 $45,500 $234,714
2018 $1,825 $252,187 $45,500 $206,687
2017 $1,823 $252,187 $45,500 $206,687
2016 $1,780 $252,187 $45,500 $206,687
2015 $1,777 $252,187 $45,500 $206,687
2014 $1,775 $252,187 $45,500 $206,687
2013 $1,775 $252,187 $45,500 $206,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4094965

Canopy MLS (Canopy Realtor® Association)

APN: 7067