NOT LISTED FOR SALE

202 Latimer Ln Morganton, NC 28655

Estimated Value: $252,000 - $331,000

3 Beds
3 Baths
2,072 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $196,000 $95 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,597/month

149 Days on Market

About This Home

As of February 2019

PRICE REDUCED!!! Beautiful move-in ready 3 bedroom, 3 bath home located in the quiet neighborhood of Clover Ridge. Main level features a great room, large formal dining room, guest bathroom and the galley kitchen which has new appliances and a huge walk in pantry. Open foyer stairway leads upstairs where the large master suite with full bathroom and two closets, and the additional two bedrooms and bathroom are located. Both heat pumps have been replaced in the last 5 years. The great room has french doors leading outside to a large stone patio with built-in fire pit that is ready for entertaining. The low maintenance yard is beautifully landscaped with a white picket fence surrounding the backyard. This home is conveniently located only minutes from downtown Morganton!

Last Agent to Sell the Property

Christina Truitt

WNC Real Estate Inc. License #253938 Listed on: 08/07/2018

Last Buyer's Agent

Allen Curtis

C Shane Cook & Associates License #287846

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.42

Parking

  • 2

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 1794165220 &1794164084

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Modular Home
  • Ratio Close Price By List Price: 0.98049
  • Ratio Close Price By Original Li: 0.89131
  • Ratio Current Price By Acre: 466666.67
  • Ratio Current Price By Sq Ft: 94.59
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 1036
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1036
  • Total Sq Ft: 2072

Exterior Features

  • Construction: Vinyl
  • Construction Type: Off Frame Modular
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Size Area: 0.420
  • Parcel Number: 1794165220 &1794164084
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 162632.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Feb 15, 2019
Sold by
Moll Patricia Ann
Bought by
Adandey Raphael K and Adandey Teri Beth S
Seller's Agent
Christina Truitt
WNC Real Estate Inc.
Buyer's Agent
Allen Curtis
C Shane Cook & Associates
List Price
$219,900
Sold Price
$196,000
Premium/Discount to List
-$23,900
-10.87%
Current Estimated Value
$286,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,667
Avg. Annual Appreciation
8.07%
Original Mortgage
$200,214
Outstanding Balance
$177,776
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$149,557

Purchase Details

Closed on
Oct 30, 2008
Sold by
Frandberg Christer Jack and Frandberg Chae Lavin
Bought by
Moll Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,598
Interest Rate
5.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adandey Raphael K $196,000 None Available
Moll Patricia Ann $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adandey Raphael K $200,214
Previous Owner Moll Patricia A $161,028
Previous Owner Moll Patricia Ann $172,099
Previous Owner Moll Patricia Ann $170,598
Previous Owner Frandberg Christer Jack $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $196,000 -2.0% $95 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
11/05/2018 11/05/18 Price Changed $199,900 -7.0% $96 / Sq Ft
09/04/2018 09/04/18 Price Changed $214,900 -2.3% $104 / Sq Ft
08/07/2018 08/07/18 For Sale $219,900 -- $106 / 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
2024 $1,000 $206,968 $15,500 $191,468
2023 $1,247 $206,968 $15,500 $191,468
2022 $1,338 $180,786 $15,500 $165,286
2021 $1,332 $180,786 $15,500 $165,286
2020 $1,328 $180,786 $15,500 $165,286
2019 $1,331 $181,160 $15,500 $165,660
2018 $1,164 $157,132 $15,500 $141,632
2017 $1,162 $157,132 $15,500 $141,632
2016 $1,134 $157,132 $15,500 $141,632
2015 $1,131 $157,132 $15,500 $141,632
2014 $1,129 $157,132 $15,500 $141,632
2013 $1,129 $157,132 $15,500 $141,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3421747

Canopy MLS (Canopy Realtor® Association)

APN: 46880