NOT LISTED FOR SALE

125 Morgan Terrace Marion, NC 28752

Estimated Value: $131,217 - $210,000

3 Beds
1 Bath
1,072 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 11, 2022

Last sale price $106,000 $99 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $970/month

12 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Laundry Room

About This Home

As of November 2022

3 bedroom 1 bath ready for a makeover! This home has all the potential, just looking for an owner with a vision. Close to the heart of the city. If you are looking for an opportunity to create a captivating space, this home is for you. It will require some love and work to achieve its full potential, so at this time cash or conventional loans are desired.

Last Agent to Sell the Property

Carla Tompkins

EXP Realty LLC Brokerage Email: carla@forsalebycarla.com License #281968 Listed on: 09/08/2022

EXP Realty LLC

Last Buyer's Agent

David Harris

Appalachian Realty Group, LLC License #297998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Property is zoned r1

Parking

  • 2 Open Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1701-08-88-5744

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1920
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 98.88
  • Attribution Contact: carla@forsalebycarla.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1072
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dryer, Electric Oven, Electric Water Heater, Washer
  • Above Grade Finished Sq Ft: 1072
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1072
  • Bedroom Main: 3
  • Room Count: 2
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Ductless
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 1701-08-88-5744
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Zoning Specification: r1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 2, 2022
Sold by
Wahl Brian Matthew and Wahl Mercedes Rose
Bought by
Garcia Rigoberto and Cardenas Anastacia
Seller's Agent
Carla Tompkins
EXP Realty LLC
Buyer's Agent
David Harris
Appalachian Realty Group, LLC
List Price
$120,000
Sold Price
$106,000
Premium/Discount to List
-$14,000
-11.67%
Views
82
Current Estimated Value
$172,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,054
Avg. Annual Appreciation
12.75%
Original Mortgage
$104,080
Outstanding Balance
$101,240
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$46,918

Purchase Details

Closed on
Aug 15, 2012
Sold by
Pham Phoung
Bought by
Pham Phuong and Nguyen An Van

Purchase Details

Closed on
Oct 1, 2007
Sold by
Nguyen Hung Thanh
Bought by
Pham Phuong

Purchase Details

Closed on
Aug 8, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Nguyen Hung Thanh
Source: Public Records

Range of Values:

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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
Garcia Rigoberto $106,000 --
Pham Phuong -- None Available
Pham Phuong -- None Available
Nguyen Hung Thanh $16,000 None Available
Deutsch Bank Natioanl Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Rigoberto $104,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Sold $106,000 -11.7% $99 / Sq Ft
09/08/2022 09/08/22 For Sale $120,000 +166.7% $112 / Sq Ft
06/24/2015 06/24/15 Sold $45,000 0.0% $42 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/01/2014 05/01/14 For Sale $45,000 -- $42 / 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 $396 $66,160 $20,000 $46,160
2023 $396 $66,160 $20,000 $46,160
2022 $349 $57,380 $12,000 $45,380
2021 $349 $57,380 $12,000 $45,380
2020 $355 $57,380 $0 $0
2019 $355 $50,460 $0 $0
2017 $293 $50,460 $0 $0
2016 $293 $50,460 $12,000 $38,460
2014 $288 $50,460 $12,000 $38,460
2013 -- $50,460 $12,000 $38,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3903019

Canopy MLS (Canopy Realtor® Association)

APN: 1701-08-88-5744