NOT LISTED FOR SALE

131 Pearson Dr Morganton, NC 28655

Estimated Value: $476,000 - $516,000

3 Beds
2.5 Baths
3,051 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $450,000 $147 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,750/month

152 Days on Market

Highlights

  • City View
  • Deck
  • Ranch Style House
  • Robert L. Patton High School Rated 9+
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2023

Exceptional 3 Bedroom, 2 1/2 Bath brick ranch-style home close to downtown Morganton & the Catawba River Greenway. This home features a huge new Trex deck with covered seating & surround sound. A great place to entertain! There's the perfect spot for a large TV that makes your outdoor viewing a favorite pastime. On the main level you'll find a Living Room with gas fireplace, Dining Room, a Sunroom heated & cooled by a mini-spit, Kitchen with quartz counters, the Primary Bedroom, a second Bedroom & two full Baths. Beautiful hardwood floors. The finished Basement features a family room with gas fireplace, an office, third Bedroom, Laundry Room/Half Bath & plenty of storage. The unfinished portion has an exercise room, workshop & utility room. Double Garage with pull down attic access. Downtown Morganton is an easy walk to visit restaurants, shops, breweries & art galleries. This is a must-see home!

Last Agent to Sell the Property

Huntie Jokinen

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #210530 Listed on: 11/09/2022

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Macy Rudisill

Leaders Realty Group License #315517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 181.5 x 100 181.5
  • Wooded Lot
  • Property is zoned LID

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • City Views
  • Partially Finished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Forest Hill Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Downtown District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1793867569

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1957
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 147.49
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Entrance Foyer, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1978
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 717
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 717
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven, Washer
  • Above Grade Finished Sq Ft: 1978
  • Has Basement: Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1073
  • Fireplace Features: Family Room, Gas, Gas Log, Living Room
  • Living Area: 3051
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Full
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Ductless, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Laundry Room
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 1793867569
  • Lot Size Acres: 0.42
  • Lot Size: 100 x 181.5 x 100 181.5
  • Lot Size Sq Ft: 18295
  • Additional Parcels Description: 1793866494
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Lathan Natalie F
Bought by
Lathan Natalie F and Lathan Robert B
Current Estimated Value
$492,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$195,564
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$297,021

Purchase Details

Closed on
Oct 29, 2019
Sold by
Avery Lloyd J
Bought by
Fulenwider Virginia Sara Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lathan Natalie F -- None Listed On Document
Fulenwider Virginia Sara Patrice $311,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathan Natalie F $200,000
Previous Owner Fulenwider Virginia Sara Patrice $231,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $450,000 -8.0% $147 / Sq Ft
02/08/2023 02/08/23 Price Changed $489,000 -2.0% $160 / Sq Ft
12/14/2022 12/14/22 Price Changed $499,000 -2.1% $164 / Sq Ft
11/09/2022 11/09/22 For Sale $509,900 -- $167 / 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
2025 $2,318 $400,195 $54,600 $345,595
2024 $2,334 $400,195 $54,600 $345,595
2023 $2,329 $400,195 $54,600 $345,595
2022 $1,849 $254,294 $42,000 $212,294
2021 $1,742 $239,700 $42,000 $197,700
2020 $1,738 $239,700 $42,000 $197,700
2019 $777 $212,639 $42,000 $170,639
2018 $1,433 $195,814 $42,000 $153,814
2017 $1,431 $195,814 $42,000 $153,814
2016 $1,397 $195,814 $42,000 $153,814
2015 $1,394 $195,814 $42,000 $153,814
2014 $1,276 $178,803 $42,000 $136,803
2013 $1,276 $178,803 $42,000 $136,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3921428

Canopy MLS (Canopy Realtor® Association)

APN: 34030