1740 N Powerhouse Rd Morganton, NC 28655
Lake James NeighborhoodEstimated Value: $96,000 - $187,000
2
Beds
1
Bath
600
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Level Lot
- Wood Burning Fireplace
- Cottage
About This Home
As of August 2015Attention Investors, first-time home buyers, or 2nd home buyers! Here's your chance to be within minutes to Lake James, the cleanest, most scenic lake in NC! This bungalow was once a rustic log cabin and is now awaiting it's new owner to make new memories and call home! Freshly painted in neutral color. Hardwood flooring in main living area. New flooring in bath and 1st bedroom. Only 15 minutes to shop in Morganton or Marion, only 45 minutes to Asheville or Hickory and 90 minutes to Charlotte! No HOA fees! No City Taxes! Easy to show and ready to sell!
Home Details
Home Type
- Single Family
Year Built
- Built in 1947
Lot Details
- 0.25
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- 1 Full Bathroom
- Wood Burning Fireplace
- Crawl Space
Flooring
- Wood
- Vinyl
Additional Features
- Level Lot
- Well
Listing and Financial Details
- Assessor Parcel Number 1764335197
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2016
Sold by
Gallian Joseph L
Bought by
Mcmahan David and Mcmahan Tokhui
Current Estimated Value
Purchase Details
Listed on
Mar 6, 2014
Closed on
Aug 3, 2015
Sold by
Mcmahan David and Mcmahan Tokhui
Bought by
Gallian Joseph L
List Price
$37,000
Sold Price
$37,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Original Mortgage
$34,200
Interest Rate
4.04%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mcmahan David | -- | Attorney | |
Gallian Joseph L | $37,000 | Attorney |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Gallian Joseph L | $34,200 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/03/2015 08/03/15 | Sold | $37,000 | 0.0% | $62 / Sq Ft |
07/18/2015 07/18/15 | Pending | -- | -- | -- |
03/06/2014 03/06/14 | For Sale | $37,000 | -- | $62 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $421 | $50,444 | $9,300 | $41,144 |
2023 | $421 | $50,444 | $9,300 | $41,144 |
2022 | $398 | $39,761 | $7,500 | $32,261 |
2021 | $392 | $39,761 | $7,500 | $32,261 |
2020 | $388 | $39,761 | $7,500 | $32,261 |
2019 | $380 | $39,761 | $7,500 | $32,261 |
2018 | $376 | $39,241 | $7,500 | $31,741 |
2017 | $374 | $39,241 | $7,500 | $31,741 |
2016 | $363 | $39,241 | $7,500 | $31,741 |
2015 | $360 | $39,241 | $7,500 | $31,741 |
2014 | $351 | $39,241 | $7,500 | $31,741 |
2013 | $351 | $39,241 | $7,500 | $31,741 |
Source: Public Records
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CARB25456

APN: 21583
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