NOT LISTED FOR SALE

1248 Burkemont Ave Morganton, NC 28655

Estimated Value: $2,006,085

0.51 Acre
$3,933,500 Price per Acre
22,216 Sq Ft Lot

Last Sold December 10, 2020

Last sale price $172,500 $268 Per Sq Ft

Est. 1,063% increase in value since last sale

Current estimated payment $11,658/month

297 Days on Market

About This Lot

As of December 2020

Prime lot on busy 5 lane in Morganton. Across from Rural King, this 0.55 acre lot has lots of potential for a commercial business.

Last Agent to Sell the Property

Mike Watts

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 03/23/2019

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Mike Watts

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 03/23/2019

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 1792964105 & 1792964105

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Commercial
  • Ratio Close Price By List Price: 0.86293
  • Ratio Close Price By Original Li: 0.86293
  • Ratio Current Price By Acre: 338235.29
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Salem
  • Middle School: Liberty
  • High School: Patton

Lot Info

  • Lot Size Area: 0.510
  • Parcel Number: 1792964105 & 1792964105
  • Zoning Specification: mgtn

Tax Info

  • Tax Value: 133290.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Rz Morganton Llc
Bought by
Ga 30066 And Aa Morganton Llc
Total Days on Market
297
Current Estimated Value
$2,006,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,000
Outstanding Balance
$684,305
Interest Rate
2.17%

Purchase Details

Listed on
Mar 23, 2019
Closed on
Dec 10, 2020
Sold by
Carswell Bobby Ray and Carswell Joyce Hoke
Bought by
Rz Morganton Llc
Seller's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$199,900
Sold Price
$172,500
Premium/Discount to List
-$27,400
-13.71%

Purchase Details

Closed on
Oct 23, 2018
Sold by
Carswell Bobby Ray and Carswell Joyce Hoke
Bought by
Elder Andrea Rac and Carswell Adam Ryan

Purchase Details

Closed on
Nov 20, 2014
Sold by
Hoke Katherine Caus and Carswell Joyce Brenda Hoke
Bought by
Carswell Joyce Brenda Hoke and Hoke Katherine Causby
Source: Public Records

Range of Values:

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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
Ga 30066 And Aa Morganton Llc $1,580,000 American Title Ins
Rz Morganton Llc $172,500 None Available
Elder Andrea Rac -- None Available
Carswell Bobby Ray -- None Available
Carswell Joyce Brenda Hoke $2,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ga 30066 And Aa Morganton Llc $1,027,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $172,500 -13.7% $268 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
03/23/2019 03/23/19 For Sale $199,900 -- $310 / 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
2024 $8,739 $1,560,553 $222,150 $1,338,403
2023 $8,739 $1,560,553 $222,150 $1,338,403
2022 $4,451 $640,399 $222,150 $418,249
2021 $926 $133,290 $133,290 $0
2020 $926 $133,290 $133,290 $0
2019 $926 $133,290 $133,290 $0
2018 $1,011 $145,452 $145,452 $0
2017 $1,011 $145,452 $145,452 $0
2016 $989 $145,452 $145,452 $0
2015 $989 $145,452 $145,452 $0
2014 $989 $145,452 $145,452 $0
2013 $989 $145,452 $145,452 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3487829

Canopy MLS (Canopy Realtor® Association)

APN: 0005087