$2,899,000
PENDING

1307 E Union St Morganton, NC 28655

Estimated payment $16,335/month

Total Views 15,530
71 Acres
$40,831 Price per Acre
3,092,760 Sq Ft Lot

Highlights

  • Private Lot
  • Wooded Lot
  • Access to stream, creek or river
  • Robert L. Patton High School Rated A-
  • Separate Outdoor Workshop

About This Lot

Morganton Investment Opportunity. 71+-acres near downtown Morganton now available. Zoning allows for multiple possibilities including residential development, multi-family homes, or commercial development. Currently a historic 2-story, 6BR/2BA farm house sits on E. Union Street. A store front also sits on E. Union Street. Originally H.D. Leonhardt Store, circa 1910, it was one of the only general stores providing goods from western Burke County to Hickory, and was highly successful due to its goods and convenient location. A 3BR/1BA cottage sits behind the store front. The distinguished old property was formally the Leonhardt Estate on Leonhardt Hill, and includes the store building, a smokehouse, well house, hen house/barn, mother-in-law cottage and the prominent farm home, which features a generous wrap-around porch, large kitchen, sitting room, grand dining room, living room, second story balcony, second story living area, in addition to the 6 bedrooms and 2 baths.

Listing Agent

Allen Curtis

C Shane Cook & Associates Brokerage Email: AllenKCurtis@gmail.com License #287846 Listed on: 06/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,220

Lot Details

  • Property fronts a state road
  • Private Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Commercial, Multi-Family, Residential, Subdevelopment
  • Property is zoned Morganto, MID

Outdoor Features

  • Access to stream, creek or river
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Hillcrest Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Listing and Financial Details

  • Assessor Parcel Number 2704905583

Property Details

Property Type

Land

Est. Annual Taxes

$2,220

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: AllenKCurtis@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential, Subdevelopment

Exterior Features

  • Road Frontage: 430
  • View: Long Range
  • Waterfront Features: None
  • Other Structures: House-As Is, Outbuilding, Shed(s), Workshop, Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Level, Paved, Private, Creek/Stream, Wooded
  • Lot Size Area: 71
  • Lot Size Units: Acres
  • Parcel Number: 2704905583
  • Zoning: MID
  • Can Be Subdivided: 1
  • Lot Size: Irregular
  • Additional Parcels Description: REID's: 433, 61531 & 8073 & 8075 & 8076
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Morganto

MLS Schools

  • Elementary School: Hillcrest
  • High School: Freedom

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,220 $379,909 $39,850 $340,059
2023 $2,215 $379,909 $39,850 $340,059
2022 $821 $106,269 $39,850 $66,419
2021 $815 $106,269 $39,850 $66,419
2020 $883 $106,269 $39,850 $66,419
2019 $883 $106,269 $39,850 $66,419
2018 $706 $80,899 $29,925 $50,974
2017 $698 $80,345 $29,924 $50,421
2016 $676 $80,345 $29,924 $50,421
2015 $670 $80,345 $29,924 $50,421
2014 $1,474 $198,867 $80,066 $118,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $2,899,000 +1556.6% --
03/29/2017 03/29/17 Sold $175,000 0.0% $58 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
06/09/2016 06/09/16 For Sale $175,000 -- $58 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4151645

Canopy MLS (Canopy Realtor® Association)

APN: 0000433