Seller's Agent in 2019
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
(828) 443-4861
23 in this area
75 Total Sales
2156 S Sterling St Morganton, NC 28655
Estimated Value: $3,628,723
1.29
Acres
$2,812,964
Price per Acre
56,192
Sq Ft Lot
About This Lot
As of August 2019acre corner parcel in newest Morganton development anchored with a 104 room full service hotel. The property is adjacent to the 14,700 square foot Foothills Conference Center and directly across from the Regional Carolinas Healthcare Blue Ridge Hospital campus. Highly visible location on I-40 exit 105 that is gateway entrance to Morganton and to High Country. Grant approved to construct connector street from South Sterling to West Parker Road. Old Zeeko's site will be demolished for the new connector street. Hotel site under contract for a 104 room full service hotel to be situated on the hill behind Sonic.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 03/23/2019
Last Buyer's Agent
Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 03/23/2019
Property Details
Property Type
- Land
Lot Details
Listing and Financial Details
- Assessor Parcel Number 2712087903
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2021
Sold by
Fhn Morganton Llc
Bought by
Kjump Incorporated
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$350,382
Interest Rate
2.12%
Estimated Equity
$3,278,341
Purchase Details
Listed on
Mar 23, 2019
Closed on
Aug 25, 2019
Sold by
Stroup Stephen H and Stroup Jane L
Bought by
Fhn Morganton Llc
Seller's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$1,500,000
Sold Price
$780,802
Premium/Discount to List
-$719,198
-47.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.33%
Original Mortgage
$1,675,325
Interest Rate
3.8%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kjump Incorporated | $2,800,000 | None Available | |
| Fhn Morganton Llc | $780,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kjump Incorporated | $1,680,000 | |
| Previous Owner | Fhn Morganton Llc | $1,675,325 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2019 08/28/19 | Sold | $780,802 | -47.9% | -- |
| 03/23/2019 03/23/19 | For Sale | $1,500,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $16,012 | $2,885,012 | $792,230 | $2,092,782 |
| 2024 | $16,156 | $2,885,012 | $792,230 | $2,092,782 |
| 2023 | $16,156 | $2,885,012 | $792,230 | $2,092,782 |
| 2022 | $12,485 | $1,796,419 | $753,784 | $1,042,635 |
| 2021 | $12,485 | $1,796,419 | $753,784 | $1,042,635 |
| 2020 | $12,235 | $1,220,781 | $753,784 | $466,997 |
| 2019 | $5,313 | $764,485 | $489,876 | $274,609 |
| 2018 | $5,415 | $779,165 | $439,864 | $339,301 |
| 2017 | $5,415 | $779,165 | $439,864 | $339,301 |
| 2016 | $5,298 | $779,165 | $439,864 | $339,301 |
| 2015 | $5,298 | $779,165 | $439,864 | $339,301 |
| 2014 | $5,298 | $779,165 | $439,864 | $339,301 |
| 2013 | $5,298 | $779,165 | $439,864 | $339,301 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Watts
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3487824
APN: 16676
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