NOT LISTED FOR SALE

1478 Watermill Rd Morganton, NC 28655

Estimated Value: $237,000 - $264,838

3 Beds
1 Bath
1,279 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $179,900 $141 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,409/month

7 Days on Market

About This Home

As of September 2021

Here's the farmhouse you've been looking for!! Built in 1901, this historic property has updates that include electrical, plumbing, and HVAC, but retains all the charm of a bygone era. Country living at its finest, yet less than 5 minutes to Downton Morganton and less than 10 minutes to all the outdoor activities that Lake James provides. The floorplan offers 3 bedrooms, 1 with a separate entrance, a centrally located bathroom, large living room, eat-in kitchen, and laundry room. Unfinished attic space could be additional living area with electrical and hvac already in place. The 7.88 acres lies well, with the majority already cleared creating multiple pasture and garden areas. An additional 10.32 acres that adjoins the property can also be purchased.

Last Agent to Sell the Property

Jason Dale

Hott Property LLC License #261328 Listed on: 08/03/2021

Hott Property LLC

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 7.88

Parking

  • Gravel Driveway

Home Design

  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Additional Features

  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 49373

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

7.88 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 22829.95
  • Ratio Current Price By Sq Ft: 140.66
  • Year Built: 1901
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1279
  • Total Sq Ft: 1279

Exterior Features

  • Construction: Asbestos, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Pasture
  • Parcel Number: 49373
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 64088.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 27, 2021
Sold by
Hudson and Chad
Bought by
Vanbuskirk Kenneth and Vanbuskirk Teresa Ann
Seller's Agent
Jason Dale
Hott Property LLC
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$249,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,060
Avg. Annual Appreciation
7.64%
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
Vanbuskirk Kenneth $180,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $179,900 0.0% $141 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $179,900 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,141 $195,556 $61,259 $134,297
2024 $1,145 $165,217 $61,259 $103,958
2023 $911 $128,527 $61,259 $67,268
2022 $585 $64,088 $41,128 $22,960
2021 $600 $64,088 $41,128 $22,960
2020 $597 $64,088 $41,128 $22,960
2019 $601 $64,088 $41,128 $22,960
2018 $520 $57,110 $41,127 $15,983
2017 $518 $57,110 $41,127 $15,983
2016 $505 $57,110 $41,127 $15,983
2015 $502 $57,110 $41,127 $15,983
2014 $500 $57,110 $41,127 $15,983
2013 $495 $57,110 $41,127 $15,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3769899

Canopy MLS (Canopy Realtor® Association)

APN: 49373

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