NOT LISTED FOR SALE

206 & 206.5 Shady Rest Rd Morganton, NC 28655

4 Beds
2 Baths
1,216 Sq Ft
4,792 Sq Ft Lot

Last Sold January 06, 2021

Last sale price $83,000 $68 Per Sq Ft

20 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Vinyl Flooring
  • Robert L. Patton High School Rated A-

About This Home

As of January 2021

Investors - Two houses for the price of one! This property is convenient to Broughton hospital and has stayed rented with no vacancies. Recently tenant from garage apartment bought a house and owner decided not to rent it because wanting to sell. The garage apartment normally rents for $375 a month. It has a natural gas wall heater, electric baseboard heat and window units. Open kitchen/living area, one bedroom and bath with shower. Laundry hook ups for garage apartment are in the garage.

The main house has had the same tenant for years and it rents for $575 a month. Home needs some flooring work. Home is being sold as is, no repairs to be made. Cash sale or conventional loan. Owner is licensed REALTOR® All buyers and their agents need to wear a mask when visiting property.

NO Showings until Thursday October 15th.

Showings will need 24 hour notice due to tenants.
City of Morganton electric and water

Last Agent to Sell the Property

Nancy Roberts

Nancy Roberts Realty LLC License #236648 Listed on: 10/09/2020

Last Buyer's Agent

Nancy Roberts

Nancy Roberts Realty LLC License #236648 Listed on: 10/09/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,792

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Flooring

  • Linoleum
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Corner Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable, electric heat, electricity, garbage pick-up, gas, water, all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 2703738436

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.92325
  • Ratio Close Price By Original Li: 0.92325
  • Ratio Current Price By Acre: 754545.45
  • Ratio Current Price By Sq Ft: 68.26
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Oven, Electric Range
  • Flooring: Carpet, Linoleum, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 1216

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Electric Hot Air, Natural Gas, Wall Unit Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Forest Hill
  • Middle School: Liberty
  • High School: Patton

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.110
  • Parcel Number: 2703738436
  • Zoning Specification: MID

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: Cable, Electric Heat, Electricity, Garbage Pick-up, Gas, Water, All Utilities

Tax Info

  • Tax Value: 51712.00
  • Tax Location: Burke

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $83,000 -7.7% $68 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $89,900 -- $74 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3671560

Canopy MLS (Canopy Realtor® Association)