NOT LISTED FOR SALE

207 S King St Morganton, NC 28655

Estimated Value: $166,413 - $177,000

2 Beds
2.5 Baths
1,700 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 21, 2025

Last sale price $165,000 $97 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $986/month

112 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Forced Air Heating System
  • Robert L. Patton High School Rated 9+
  • Cooling Available
  • Wood Siding

About This Home

As of January 2025

Rare opportunity to purchase this traditional property in downtown Morganton. A few steps out of the front door and you are on the sidewalk to enjoy all of Morganton's amenities. Formerly King Street Cafe, this place holds a lot of history in Morganton. Bring your imagination and toolbox and build on it's tradition. This property is not for beginners and will require some in-depth renovations. Ability to finance is questionable. The potential could be endless. Please verify any questions or concerns regarding usage with the City of Morganton Planning and Zoning Department. Current zoning is CBD. Seller is a Licensed Real Estate Broker.

Last Agent to Sell the Property

Damion Patton

Patton & Belote Realty Brokerage Email: damionpattonrealestate@gmail.com License #281466 Listed on: 09/20/2024

Last Buyer's Agent

Amy Hill

EXP Realty LLC License #281984

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Property is zoned CBD

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 40793

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Victorian
  • Year Built: 1901
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 97.06
  • Geocode Confidence: High
  • Attribution Contact: damionpattonrealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1700
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 400
  • Sq Ft Upper: 0
  • Appliances: Other
  • Above Grade Finished Sq Ft: 1700
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1700
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street, Other - See Remarks

Utilities

  • Heating: Forced Air, Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Other - See Remarks
  • Cooling: Electric, Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 40793
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CBD

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Jan 21, 2025
Sold by
Tillmanco Llc
Bought by
Mcfall Christopher Rene
Seller's Agent
Damion Patton
Patton & Belote Realty
Buyer's Agent
Amy Hill
EXP Realty LLC
List Price
$249,999
Sold Price
$165,000
Premium/Discount to List
-$84,999
-34%
Views
169
Current Estimated Value
$172,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,103
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Dec 28, 2023
Sold by
Patton Damion and Patton Carmen C
Bought by
Tillmanco Llc

Purchase Details

Closed on
Dec 6, 2023
Sold by
Belote James R and Belote Linda D
Bought by
Patton Damion

Purchase Details

Closed on
Mar 31, 2023
Sold by
Tawi Llc
Bought by
Belote James R
Source: Public Records

Range of Values:

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Value Increase
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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
Mcfall Christopher Rene $165,000 None Listed On Document
Tillmanco Llc -- None Listed On Document
Patton Damion -- None Listed On Document
Patton Damion -- None Listed On Document
Belote James R $150,000 None Listed On Document
Belote James R $150,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold $165,000 -31.2% $97 / Sq Ft
12/12/2024 12/12/24 Price Changed $239,900 -2.1% $141 / Sq Ft
10/07/2024 10/07/24 Price Changed $244,999 -2.0% $144 / Sq Ft
09/20/2024 09/20/24 For Sale $249,999 -- $147 / 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 $1,115 $183,479 $39,204 $144,275
2024 $1,120 $183,479 $39,204 $144,275
2023 $1,142 $188,222 $39,204 $149,018
2022 $967 $127,398 $42,426 $84,972
2021 $961 $127,398 $42,426 $84,972
2020 $957 $127,398 $42,426 $84,972
2019 $957 $127,398 $42,426 $84,972
2018 $1,005 $134,213 $42,426 $91,787
2017 $1,003 $134,213 $42,426 $91,787
2016 $978 $134,213 $42,426 $91,787
2015 $975 $134,213 $42,426 $91,787
2014 $973 $134,213 $42,426 $91,787
2013 $973 $134,213 $42,426 $91,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4185459

Canopy MLS (Canopy Realtor® Association)

APN: 40793