NOT LISTED FOR SALE

122 Lane St Morganton, NC 28655

Estimated Value: $184,131 - $199,000

3 Beds
1 Bath
864 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2025

Last sale price $199,000 $230 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,088 / mo

119 Days on Market

Highlights

  • Deck
  • Hilly Lot
  • Front Porch
  • Robert L. Patton High School Rated 9+
  • Wooded Lot
  • Laundry Room

About This Home

As of July 2025

Huge Price Reduction! $199,900! Professionally remodeled. Step into this beautiful mid-century styled bungalow, with top of the line appliances, quartz countertops, soft close cabinets, ceiling fans in every room and laminate flooring. All new electrical, plumbing, HVAC, doors, windows, insulation and new metal roof. Enjoy your morning coffee on your own private deck. Situated on a quiet tree lined street with convenient access to restaurants, shopping and all the festivities of our wonderful downtown.

Last Agent to Sell the Property

Mike Shehan

C Shane Cook & Associates Brokerage Email: mikeshehan007@gmail.com License #339489 Listed on: 02/28/2025

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Steep Slope
  • Hilly Lot
  • Wooded Lot
  • Property is zoned MID

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Shared Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Forest Hill Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2703549737

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1955
  • Second Living Quarters: None
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 230.32
  • Geocode Confidence: High
  • Attribution Contact: mikeshehan007@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Kitchen Island
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 864
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 864
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 864
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Vinyl
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Shared Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Liberty
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Steep Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 2703549737
  • Zoning: MID
  • Additional Parcels Description: 2703548891
  • Zoning Specification: MID

MLS Schools

  • Elementary School: Forest Hill
  • High School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Jul 14, 2025
Sold by
Sherman Valerie and Lucky John M
Bought by
Puentes Bermudez Sara
Seller's Agent
Mike Shehan
C Shane Cook & Associates
Buyer's Agent
Non Member
Canopy Administration
List Price
$249,900
Sold Price
$199,000
Premium/Discount to List
-$50,900
-20.37%
Views
182
Current Estimated Value
$192,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,717
Avg. Annual Appreciation
-4.25%
Original Mortgage
$15,000
Outstanding Balance
$14,962
Interest Rate
6.84%
Estimated Equity
$177,321

Purchase Details

Closed on
Nov 28, 2023
Sold by
Burke County Circuit
Bought by
Sherman Valerie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puentes Bermudez Sara $199,000 None Listed On Document
Puentes Bermudez Sara $199,000 None Listed On Document
Puentes Bermudez Sara $199,000 None Listed On Document
Sherman Valerie $20,000 None Listed On Document
Sherman Valerie $20,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puentes Bermudez Sara $15,000
Closed Puentes Bermudez Sara $15,000
Open Puentes Bermudez Sara $190,300
Closed Puentes Bermudez Sara $190,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $199,000 -0.5% $230 / Sq Ft
04/28/2025 04/28/25 Price Changed $199,900 -13.0% $231 / Sq Ft
03/06/2025 03/06/25 Price Changed $229,900 -8.0% $266 / Sq Ft
02/28/2025 02/28/25 For Sale $249,900 -- $289 / Sq Ft
Source: Canopy MLS

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 $746 $116,981 $13,973 $103,008
2024 $153 $27,334 $13,973 $13,361
2023 $354 $47,543 $13,973 $33,570
2022 $276 $27,977 $10,350 $17,627
2021 $270 $27,977 $10,350 $17,627
2020 $266 $27,977 $10,350 $17,627
2019 $266 $27,977 $10,350 $17,627
2018 $247 $25,179 $10,350 $14,829
2017 $245 $25,179 $10,350 $14,829
2016 $236 $25,179 $10,350 $14,829
2015 $233 $25,179 $10,350 $14,829
2014 $265 $30,122 $10,350 $19,772
2013 $265 $30,122 $10,350 $19,772
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mike Shehan

    C Shane Cook & Associates

    (828) 443-5373

    8 in this area

    27 Total Sales

    Mike Shehan
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS

MLS Number: 4227499

Canopy MLS

APN: 33242

North Carolina Burke County Morganton 28655

122 Lane St, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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