NOT LISTED FOR SALE

123 Morehead St Morganton, NC 28655

Estimated Value: $408,881 - $507,000

4 Beds
2 Baths
2,660 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $395,000 $148 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,520/month

13 Days on Market

About This Home

As of November 2021

Natural light soaks this classic yet upgraded 1930 brick colonial in the heart of downtown Morganton. Located in the Avery Ave Historic District, property features timeless details such as original hardwood floors, bathroom tiles, crystal glass doorknobs, mouldings, and wood-burning fireplaces. The 4 upstairs bedrooms have spacious closets. Modern upgrades include central heat/AC, NEST home suite (thermostat, home security, and fire/carbon monoxide detection), Minka Aire ceiling fans, custom library built-ins, and Farrow and Ball paint finishes throughout the home. Sunny, gourmet kitchen with classic shaker cabinets, granite countertops, farmhouse sink, honed marble island, and stainless appliances. Bright, airy laundry room just off of kitchen doubles as indoor greenhouse for the avid gardener that overlooks a sprawling yard with outdoor fireplace, raised garden beds, and mature trees. Enjoy evenings on the screened porch. Full unfinished basement with 2 garage bays and ample storage.

Last Agent to Sell the Property

Shane Greene

Faith Parker Properties, LLC License #269135 Listed on: 08/17/2021

Last Buyer's Agent

Bobbie McCombs

McCombs & Hoke Real Estate License #169800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction

Additional Features

  • 2 Full Bathrooms
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 10911

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.98750
  • Ratio Close Price By Original Li: 0.98750
  • Ratio Current Price By Acre: 1410714.29
  • Ratio Current Price By Sq Ft: 148.50
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 1330
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Electric Range, Exhaust Hood, Freezer, Refrigerator
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1330
  • Total Sq Ft: 2660
  • Sq Ft Unheated Basement: 1618
  • Sq Ft Unheated Main: 96
  • Sq Ft Unheated Total: 1714

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Driveway, On-Street Parking

Utilities

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

Lot Info

  • Parcel Number: 10911
  • Zoning Specification: AB0

Tax Info

  • Tax Value: 203513.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 1, 2021
Sold by
Igo Toby Allan and Kistler Igo Rachael
Bought by
Vannoppen Allen
Seller's Agent
Shane Greene
Faith Parker Properties, LLC
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$446,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,535
Avg. Annual Appreciation
3.84%
Original Mortgage
$294,000
Outstanding Balance
$268,101
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,869

Purchase Details

Listed on
Mar 2, 2019
Closed on
May 10, 2019
Sold by
Miller Pope David Lewis and Miller Pope Anita Jean
Bought by
Igo Toby and Kistler Igo Rachael Elizabeth
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Shane Greene
Faith Parker Properties, LLC
List Price
$263,000
Sold Price
$262,500
Premium/Discount to List
-$500
-0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$271,162
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2009
Sold by
Coffey Thomas S and Coffey Geneva J
Bought by
Pope David Lewis and Pope Anita Jean Miller
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
Vannoppen Allen $395,000 None Available
Igo Toby $261,500 None Available
Pope David Lewis $189,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vannoppen Allen $294,000
Previous Owner Igo Toby $271,162
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2021 11/02/21 Sold $395,000 -1.3% $148 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $400,000 +52.4% $150 / Sq Ft
05/15/2019 05/15/19 Sold $262,500 -0.2% $109 / Sq Ft View Prior Sale
04/10/2019 04/10/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $263,000 -- $110 / 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 $2,174 $374,199 $22,400 $351,799
2024 $2,189 $374,199 $22,400 $351,799
2023 $2,184 $374,199 $22,400 $351,799
2022 $1,496 $203,513 $22,400 $181,113
2021 $1,490 $203,513 $22,400 $181,113
2020 $1,486 $203,513 $22,400 $181,113
2019 $1,213 $164,157 $22,400 $141,757
2018 $1,146 $154,514 $28,000 $126,514
2017 $1,144 $154,514 $28,000 $126,514
2016 $1,116 $154,514 $28,000 $126,514
2015 $1,113 $154,514 $28,000 $126,514
2014 $1,111 $154,514 $28,000 $126,514
2013 $1,111 $154,514 $28,000 $126,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3773952

Canopy MLS (Canopy Realtor® Association)

APN: 10911