NOT LISTED FOR SALE

118 Falls St Morganton, NC 28655

Estimated Value: $261,000 - $362,000

3 Beds
2 Baths
1,818 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $270,000 $149 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,857/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Attached Garage
  • Robert L. Patton High School Rated 9+

About This Home

As of November 2021

Full brick home in fantastic location close to restaurants, shopping, downtown Morganton and I-40! Home is also close to greenway access and parks. Freshly painted with new windows and exterior doors as well as neutral kitchen and bathroom updates. Refrigerator, washer and dryer all convey and basement laundry room even has cabinets and a utility sink. Beautifully refinished hardwoods on main floor. Vinyl plank flooring installed in basement as well as weather resistant flooring in sunroom. Versatile large room in basement. Deep one car garage with ample storage space. Extra built-in cabinets in living room and kitchen. Adjacent parcel is included! Sellers to provide home warranty. Agent is an owner of home. Owners have never occupied the home.

Last Agent to Sell the Property

Katie Waters

Howard Hanna Allen Tate Statesville License #261380 Listed on: 09/11/2021

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Penni Grigg

RE/MAX Southern Lifestyles License #295659

RE/MAX Southern Lifestyles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.34

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Listing and Financial Details

  • Assessor Parcel Number 1793828496

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.94770
  • Ratio Close Price By Original Li: 0.94770
  • Ratio Current Price By Acre: 794117.65
  • Ratio Current Price By Sq Ft: 148.51
  • Year Built: 1953
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank, Wood
  • Interior Amenities: Attic Stairs Pulldown, Pantry
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 546
  • Main Level Sq Ft: 1272
  • Total Sq Ft: 1818
  • Sq Ft Unheated Main: 192
  • Sq Ft Unheated Total: 192

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Lot Info

  • Lot Features: Sloping
  • Parcel Number: 1793828496
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 163231.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 18, 2021
Sold by
Waters Katherine and Waters Thomas
Bought by
Alvarez Ramiro and Bair Brian
Seller's Agent
Katie Waters
Howard Hanna Allen Tate Statesville
Buyer's Agent
Penni Grigg
RE/MAX Southern Lifestyles
List Price
$284,900
Sold Price
$270,000
Premium/Discount to List
-$14,900
-5.23%
Current Estimated Value
$332,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,253
Avg. Annual Appreciation
4.35%
Original Mortgage
$213,600
Outstanding Balance
$195,728
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$126,468
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
Alvarez Ramiro $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Ramiro $213,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $270,000 -5.2% $149 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $284,900 +232.1% $157 / Sq Ft
11/09/2017 11/09/17 Sold $85,800 +90.7% $45 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $45,000 -- $23 / 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 $1,438 $241,700 $17,748 $223,952
2024 $1,447 $241,700 $17,748 $223,952
2023 $1,442 $241,700 $17,748 $223,952
2022 $1,216 $163,231 $15,300 $147,931
2021 $1,210 $163,231 $15,300 $147,931
2020 $882 $116,516 $15,300 $101,216
2019 $882 $116,516 $15,300 $101,216
2018 $786 $102,773 $15,300 $87,473
2017 $791 $103,701 $15,300 $88,401
2016 $770 $103,701 $15,300 $88,401
2015 $767 $103,701 $15,300 $88,401
2014 $766 $103,701 $15,300 $88,401
2013 $766 $103,701 $15,300 $88,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3783923

Canopy MLS (Canopy Realtor® Association)

APN: 1517