NOT LISTED FOR SALE

128 Morgan Trace Dr SW Valdese, NC 28690

Estimated Value: $242,000 - $315,000

2 Beds
2 Baths
1,157 Sq Ft
$100/mo HOA Fee

Last Sold January 15, 2014

Last sale price $105,000 $91 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,735/month

196 Days on Market

Highlights

  • Attached Garage
  • Walk-In Closet
  • Level Lot
  • Heritage Middle School Rated A-
  • Storm Doors
  • Vinyl Flooring

About This Home

As of January 2014

Reduced Again $114,800.00, LESS than tax value. Make this home your own at this affordable price! This home features 1,157 heated square feet, 2 Bedrooms, 2 Bathrooms, great room (living room, kitchen, and dining area) with vaulted ceiling, gas log fireplace and television inset. Additionally this home has cozy natural gas furnace, central air conditioning, gas hot water heater, new khaki paint with almond trim, new Shaw laminate wood floors and new bedroom carpet. Master bath has a inviting garden tub with shower, dining room opens to a patio convenient to the neighborhood gazebo. Attached Single Car Garage. Close to historic Valdese main street and easy access to I-40. An amazing value!

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage
  • Shared Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Flooring
  • Pull Down Stairs to Attic
  • Oven

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Community Details

  • Storm Doors

Listing and Financial Details

  • Assessor Parcel Number 74-82-3-15

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Ratio Close Price By List Price: 0.91463
  • Ratio Current Price By Sq Ft: 90.75
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Microwave, Oven, Security System, Washer Connection
  • Fireplace Description: Gas Logs, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Walk-In Closet(s)
  • Room Count: 7
  • Total Sq Ft: 1157

Exterior Features

  • Construction: Brick Partial, Vinyl

Garage/Parking

  • Driveway: Shared
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Valdese
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Features: Level, Year Round View
  • Parcel Number: 74-82-3-15

Tax Info

  • Tax Value: 118103.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2015
Sold by
Ferrucci William S and Ferrucci Cindy L
Bought by
Cannon Karen Diane
Current Estimated Value
$271,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$99,256
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$169,663

Purchase Details

Listed on
May 22, 2013
Closed on
Jan 11, 2014
Sold by
Martina Joseph L
Bought by
Ferrucci William S and Ferrucci Cindy L
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$64,500
Interest Rate
4.43%
Mortgage Type
New Conventional
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
Cannon Karen Diane $157,500 Attorney
Ferrucci William S $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Karen Diane $124,000
Previous Owner Ferrucci William S $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $105,000 0.0% $91 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $105,000 -- $91 / 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 $1,884 $183,642 $25,000 $158,642
2023 $2,062 $183,642 $25,000 $158,642
2022 $1,090 $145,082 $25,000 $120,082
2021 $1,084 $145,082 $25,000 $120,082
2020 $1,080 $145,082 $25,000 $120,082
2019 $1,080 $145,082 $25,000 $120,082
2018 $905 $119,871 $23,235 $96,636
2017 $903 $119,871 $23,235 $96,636
2016 $880 $119,871 $23,235 $96,636
2015 $865 $119,871 $23,235 $96,636
2014 $864 $118,103 $23,235 $94,868
2013 $864 $118,103 $23,235 $94,868
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB24272

Canopy MLS (Canopy Realtor® Association)

APN: 51884

North Carolina Burke County Valdese 28690

128 Morgan Trace Dr SW, Valdese, NC

This home is located at 128 Morgan Trace Dr SW, Valdese, NC 28690 since 22 May 2013 and is currently estimated at $271,216, approximately $234 per square foot. This property was built in 1998. 128 Morgan Trace Dr SW is a home located in Burke County with nearby schools including Valdese Elementary School, Heritage Middle School, and Jimmy C. Draughn High School.

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