NOT LISTED FOR SALE

1254 Burkemont Ave Morganton, NC 28655

Estimated Value: $174,000

4.42 Acres
$39,367 Price per Acre
192,535 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $380,000 $360 Per Sq Ft

Current estimated payment $1,007/month

84 Days on Market

About This Lot

As of December 2021

Approximately 4.42 shovel ready acres on US Hwy 64. Property is approximately 2000 feet from I-40 at exit 103 and is zoned for commercial development. This large tract is surrounded by and in close proximity to businesses such as a Comfort Inn, Lowes Home Improvement Warehouse, Dennys, Food Lion, Rural King, Marathon Gas and many more. This property consists of five tract combining for 4.42 acres. Exit 103 is the premier exit for Morganton NC. NC DOT's most recent traffic counts estimate 24,500 cars per day.

Last Agent to Sell the Property

Bryan Black

RE/MAX Southern Lifestyles License #222319 Listed on: 09/22/2021

Last Buyer's Agent

Bryan Black

RE/MAX Southern Lifestyles License #222319 Listed on: 09/22/2021

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Cleared Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1792869141

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Acre: 85972.85
  • Special Features: None

Exterior Features

  • Cleared Acres: 0.49

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

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

Lot Info

  • Lot Dimension: 205x105x200x105
  • Lot Features: Cleared, Level, Rolling
  • Lot Size Area: 4.420
  • Parcel Number: 1792869141
  • Zoning Specification: Morganto

Tax Info

  • Tax Value: 127200.00
  • Tax Location: Morganton

MLS Schools

  • Elementary School: Salem
  • High School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 23, 2021
Sold by
Edenfield Bruce Mccord and Estate Of Ann Hoke Paschal
Bought by
Patel Anil and Patel Bhavesh
Seller's Agent
Bryan Black
RE/MAX Southern Lifestyles
Buyer's Agent
Bryan Black
RE/MAX Southern Lifestyles
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,000
Original Mortgage
$247,000
Outstanding Balance
$229,137
Interest Rate
2.98%
Mortgage Type
Commercial
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
Patel Anil $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Anil $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $380,000 -4.8% $360 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $399,000 -- $378 / 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 $712 $127,200 $127,200 $0
2023 $800 $127,200 $127,200 $0
2022 $966 $127,200 $127,200 $0
2021 $960 $127,200 $127,200 $0
2020 $956 $127,200 $127,200 $0
2019 $956 $127,200 $127,200 $0
2018 $956 $127,200 $127,200 $0
2017 $954 $127,200 $127,200 $0
2016 $930 $127,200 $127,200 $0
2015 $927 $127,200 $127,200 $0
2014 $926 $127,200 $127,200 $0
2013 $926 $127,200 $127,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3786750

Canopy MLS (Canopy Realtor® Association)

APN: 0005081