NOT LISTED FOR SALE

1961 Spainhour Rd Morganton, NC 28655

Estimated Value: $396,000 - $676,000

3 Beds
3.5 Baths
2,192 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $305,000 $139 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,943/month

Highlights

  • Horse Facilities
  • In Ground Pool
  • Private Lot
  • Barn
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of December 2015

Very private mini farm with most everything you will need to be self sufficient. Main house has had multiple updates over the last 5 years. Including granite, cherry cabinets, hickory floors, roof, plumbing, fixtures, windows, hvac and much more. Covered front porch looks over fenced pasture and 3 stall horse barn. Large shop built in 2014 with power and water. Multiple storage buildings. Inground pool with detached heated and cooled pool house with kitchen and bath. Very unique home only located 5 minutes to downtown Morganton. Too many features to list. Broker is Owner

Last Agent to Sell the Property

Timothy Truitt

WNC Real Estate Inc. License #255787 Listed on: 11/06/2015

Last Buyer's Agent

Wayne McLaughlin

WNC Real Estate Inc. License #275675

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Private Lot
  • Wooded Lot

Parking

  • 2

Home Design

  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Farming

  • Barn
  • Pasture

Utilities

  • Well

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 1785816974

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

8.35 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.95611
  • Ratio Current Price By Acre: 36526.95
  • Ratio Current Price By Sq Ft: 139.14
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Microwave, Oven, Refrigerator, Security System, Washer Connection
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Skylight(s), Walk-In Closet(s)
  • Room Count: 11
  • Sq Ft Basement: 416
  • Total Sq Ft: 2192
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Stone, Wood
  • Exterior Features: Barn(s), Building - Storage Shed/Outbuilding, Equestrian Facilities, Fenced Yard, Hot Tub, Pool-In-Ground

Garage/Parking

  • Parking: Garage - 2 Car

Utilities

  • Heating: Electric Hot Air, Heat Pump - Heat, Woodstove
  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Dimension: 8.35
  • Lot Features: Pasture, Private, Wooded
  • Parcel Number: 1785816974
  • Zoning Specification: No Overl

Tax Info

  • Tax Value: 204047.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Dec 29, 2015
Sold by
Truitt Timothy W and Truitt Christina E
Bought by
King Joseph Lee and King Angela Christine
Seller's Agent
Timothy Truitt
WNC Real Estate Inc.
Buyer's Agent
Wayne McLaughlin
WNC Real Estate Inc.
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$525,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,688
Avg. Annual Appreciation
5.47%
Original Mortgage
$286,700
Outstanding Balance
$228,168
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$297,520

Purchase Details

Closed on
Jul 29, 2008
Sold by
Corder David M and Corder Betty M
Bought by
Truitt Timothy W and Truitt Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Joseph Lee $305,000 Attorney
Truitt Timothy W $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Joseph Lee $286,700
Previous Owner Truitt Timothy W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $305,000 0.0% $139 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $305,000 -- $139 / 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 $2,498 $378,870 $41,767 $337,103
2024 $2,513 $378,870 $41,767 $337,103
2023 $2,513 $378,870 $41,767 $337,103
2022 $2,411 $296,685 $32,530 $264,155
2021 $2,405 $296,685 $32,530 $264,155
2020 $2,401 $296,685 $32,530 $264,155
2019 $2,401 $296,685 $32,530 $264,155
2018 $1,767 $215,931 $32,529 $183,402
2017 $1,672 $204,047 $32,529 $171,518
2016 $1,636 $204,047 $32,529 $171,518
2015 $1,633 $204,047 $32,529 $171,518
2014 $1,664 $204,047 $32,529 $171,518
2013 $1,612 $199,499 $32,529 $166,970
Source: Public Records

Agents Affiliated with this Home

  • Timothy Truitt

    Seller's Agent in 2015

    Timothy Truitt

    WNC Real Estate Inc.

    (828) 443-6345

    2 in this area

    27 Total Sales

    Timothy Truitt
    Section Image

  • W

    Buyer's Agent in 2015

    Wayne McLaughlin

    WNC Real Estate Inc.

    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB28148

Canopy MLS (Canopy Realtor® Association)

APN: 49087

North Carolina Burke County Morganton 28655

1961 Spainhour Rd, Morganton, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.