NOT LISTED FOR SALE

205 Patterson St Morganton, NC 28655

Estimated Value: $334,000 - $353,000

3 Beds
1.5 Baths
1,455 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $258,000 $177 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,930/month

90 Days on Market

Highlights

  • No HOA
  • Front Porch
  • More Than Two Accessible Exits
  • Detached Garage
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2021

This Property has endless possibilities. Conveniently located in beautiful Downtown Morganton. Previously used as a dentist office for the last 20 years, but would make excellent private residence/ bed and breakfast / Airbnb. Behind the office building you will find a 864 sq.ft 1 bedroom apartment with a 1 car garage that is not yet complete, and a paved parking lot with 8 parking spaces. Most finishes are bought for the apartment and will convey with the purchase.

Last Agent to Sell the Property

Matt Crotts

Nest Realty Morganton Brokerage Email: matt.crotts@nestrealty.com License #296868 Listed on: 08/12/2021

Nest Realty Morganton

Last Buyer's Agent

Heather Cotton

High Cotton Real Estate License #299151

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Property is zoned MID

Parking

  • Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits
  • Ramp on the main level

Outdoor Features

  • Front Porch

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2703281423

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1912
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 177.32
  • Attribution Contact: matt.crotts@nestrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1455
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1455
  • Accessibility Features: Two or More Access Exits, Ramp(s)-Main Level
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 1455
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Heat Pump, Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 2703281423
  • Zoning: MID
  • Development Status: Completed
  • Lot Size Acres: 0.38
  • Lot Size: .38
  • Lot Size Sq Ft: 16552
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MID

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Dec 6, 2021
Sold by
Jones Thomas Lucas and Jones Margaret Kilpatrick
Bought by
Glines Alan Matthew and Tolzman Marc Ctnistrpher
Seller's Agent
Matt Crotts
Nest Realty Morganton
Buyer's Agent
Heather Cotton
High Cotton Real Estate
List Price
$295,000
Sold Price
$258,000
Premium/Discount to List
-$37,000
-12.54%
Current Estimated Value
$343,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,296
Avg. Annual Appreciation
7.18%
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
Glines Alan Matthew $258,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $258,000 -9.5% $177 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $285,000 -3.4% $196 / Sq Ft
10/11/2021 10/11/21 For Sale $295,000 0.0% $203 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $295,000 -- $203 / 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 $1,831 $329,934 $75,155 $254,779
2024 $1,848 $329,934 $75,155 $254,779
2023 $1,769 $315,926 $75,155 $240,771
2022 $1,268 $182,499 $75,155 $107,344
2021 $1,268 $182,499 $75,155 $107,344
2020 $1,263 $181,729 $75,155 $106,574
2019 $1,263 $181,729 $75,155 $106,574
2018 $1,281 $184,366 $75,155 $109,211
2017 $1,281 $184,366 $75,155 $109,211
2016 $1,254 $184,366 $75,155 $109,211
2015 $1,254 $184,366 $75,155 $109,211
2014 $1,254 $184,366 $75,155 $109,211
2013 $1,254 $184,366 $75,155 $109,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3773538

Canopy MLS (Canopy Realtor® Association)

APN: 8126