NOT LISTED FOR SALE

203 Salem Rd Morganton, NC 28655

Estimated Value: $197,000 - $222,446

2 Beds
1 Bath
1,022 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 22, 2025

Last sale price $200,000 $196 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,154/month

16 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Front Porch
  • Robert L. Patton High School Rated 9+
  • Wood Flooring
  • Laundry Room

About This Home

As of April 2025

This charming and move-in ready 2-bedroom, 1-bathroom home offers so much more than meets the eye! The cozy living area features a functional wood stove set against a beautiful white brick wall, adding warmth & character. Hardwood floors flow throughout, enhancing the home's bright & inviting feel, with plenty of natural light filling every room. Upstairs, you'll find 2 additional rooms that, while not included in the square footage due to ceiling height, offer flexible space perfect for extra bedrooms, an office, or a playroom. Enjoy meals in the kitchen’s dedicated dining space, offering both comfort and convenience in the heart of the home. Step outside to a large fenced-in backyard—ideal for pets, gardening, or entertaining. Unwind on the private back deck, the perfect spot to relax with your favorite beverage. A storage building offers extra convenience. Located just outside Morganton city limits, you get the perfect blend of peaceful living with easy access to town.

Last Agent to Sell the Property

Rachel Cinquanto

RE/MAX Southern Lifestyles Brokerage Email: rcinquanto@remax.net License #311606 Listed on: 03/04/2025

RE/MAX Southern Lifestyles

Co-Listed By

Abigail Cinquanto

RE/MAX Southern Lifestyles Brokerage Email: rcinquanto@remax.net License #311605

Last Buyer's Agent

Drew Hayes

EXP Realty LLC Mooresville License #339544

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Property is zoned Burke

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1792739991

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1946
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 195.69
  • Geocode Confidence: High
  • Attribution Contact: rcinquanto@remax.net
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1022
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 452
  • Sq Ft Unheated Upper: 452
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1022
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning Stove
  • Living Area: 1022
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Exclusions: Ring camera, Baby monitor, and pantry in kitchen
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Inside
  • Cooling: Central Air
  • Utilities: Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 1792739991
  • Zoning: R-1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 21, 2025
Sold by
Gaines Hannah F and Rogers Hannah F
Bought by
Cox James D and Cox Cherise M
Seller's Agent
Rachel Cinquanto
RE/MAX Southern Lifestyles
Buyer's Agent
Drew Hayes
EXP Realty LLC Mooresville
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
62
Current Estimated Value
$207,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,112
Avg. Annual Appreciation
4.71%
Original Mortgage
$202,000
Outstanding Balance
$201,013
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$6,099

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jan 30, 2020
Sold by
Kelly Matthew D and Kelly Shelby P
Bought by
Gaines Hannah F
Seller's Agent
Christie Oakley
Prime Properties Group, LLC
Buyer's Agent
Tammy Kirk
Coldwell Banker Boyd & Hassell
List Price
$114,000
Sold Price
$118,000
Premium/Discount to List
$4,000
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$119,191
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jul 8, 2015
Sold by
Monn David Dion and Monn Shasta R
Bought by
Kelly Matthew D and Facemyer Shelby P
List Price
$94,000
Sold Price
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$94,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Cox James D $200,000 None Listed On Document
Gaines Hannah F $118,000 None Available
Kelly Matthew D $94,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox James D $202,000
Previous Owner Gaines Hannah F $119,191
Previous Owner Kelly Matthew D $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2025 04/22/25 Sold $200,000 -7.0% $196 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $215,000 -2.3% $210 / Sq Ft
03/04/2025 03/04/25 For Sale $220,000 +86.4% $215 / Sq Ft
01/30/2020 01/30/20 Sold $118,000 +3.5% $98 / Sq Ft View Prior Sale
11/29/2019 11/29/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $114,000 +21.3% $95 / Sq Ft
07/08/2015 07/08/15 Sold $94,000 0.0% $67 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $94,000 -- $67 / 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 $981 $135,832 $13,975 $121,857
2024 $945 $135,666 $13,975 $121,691
2023 $945 $135,666 $13,975 $121,691
2022 $922 $105,683 $13,975 $91,708
2021 $884 $105,683 $13,975 $91,708
2020 $797 $94,762 $13,975 $80,787
2019 $797 $94,762 $13,975 $80,787
2018 $774 $91,788 $13,975 $77,813
2017 $772 $91,788 $13,975 $77,813
2016 $749 $91,788 $13,975 $77,813
2015 $429 $49,323 $13,975 $35,348
2014 $428 $49,323 $13,975 $35,348
2013 $419 $48,153 $13,975 $34,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4228517

Canopy MLS (Canopy Realtor® Association)

APN: 869