NOT LISTED FOR SALE

219 Morehead St Morganton, NC 28655

Estimated Value: $314,459 - $361,000

4 Beds
2 Baths
1,860 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $250,000 $134 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,866/month

28 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Laundry Room
  • Wooded Lot
  • Covered Patio or Porch
  • Central Heating

About This Home

As of January 2023

This duplex boasts a fantastic location close to Downtown Morganton with a great rental history! The exterior offers a covered (shared) front porch and each unit has its own back deck. Both units have real hardwoods, vaulted ceilings, washer/dryer, dining rooms, and upgraded full baths! Roof is less than 5 years old and plumbing was updated in 2021. Partial garage/basement on the right hand side. Both units are rented at this time.

Last Agent to Sell the Property

Christie Leonard

WNC Real Estate at Lake James Listed on: 12/15/2022

Last Buyer's Agent

Christie Leonard

WNC Real Estate at Lake James Listed on: 12/15/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 100x116x100x117
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electric heat, electricity, garbage pick-up, water, all utilities
  • Rent includes exterior maintenance, outdoor lighting, snow removal
  • Assessor Parcel Number 2703097821

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1960
  • Ratio Current Price By Acre: 925925.93
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Block, Slab
  • Fireplace: No
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Unheated Basement: 186
  • Porch: Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1860

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Property Features: Cable Available,Dishwasher,Porch/Patio,Range/Oven,Refrigerator,Shop - Garage,W/D Connection
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Cleared, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 2703097821
  • Lot Size: 100x116x100x117
  • Zoning Description: LID
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: Exterior Maintenance, Outdoor Lighting, Snow Removal
  • Tenant Pays: Cable TV, Electric Heat, Electricity, Garbage Pick-up, Water, All Utilities
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 2.02628

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 0

MLS Schools

  • Elementary School: Mount View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 9, 2023
Sold by
Nine Blessings Llc
Bought by
Schrand Lorraine Constance
Seller's Agent
Christie Leonard
WNC Real Estate at Lake James
Buyer's Agent
Christie Leonard
WNC Real Estate at Lake James
List Price
$254,900
Sold Price
$250,000
Premium/Discount to List
-$4,900
-1.92%
Views
31
Current Estimated Value
$337,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,730
Avg. Annual Appreciation
10.40%
Original Mortgage
$225,000
Outstanding Balance
$216,825
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$120,905
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
Schrand Lorraine Constance $250,000 None Listed On Document
Schrand Lorraine Constance $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrand Lorraine Constance $225,000
Closed Schrand Lorraine Constance $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2023 01/12/23 Sold $250,000 -1.9% $134 / Sq Ft
12/15/2022 12/15/22 For Sale $254,900 -- $137 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,339 $206,310 $21,600 $184,710
2024 $1,341 $206,310 $21,600 $184,710
2023 $1,136 $206,310 $21,600 $184,710
2022 $1,038 $125,797 $21,600 $104,197
2021 $1,026 $125,797 $21,600 $104,197
2020 $1,018 $125,797 $21,600 $104,197
2019 $1,018 $125,797 $21,600 $104,197
2018 $973 $119,344 $25,650 $93,694
2017 $969 $119,344 $25,650 $93,694
2016 $916 $115,554 $25,650 $89,904
2015 $910 $115,554 $25,650 $89,904
2014 $907 $115,554 $25,650 $89,904
2013 $907 $115,554 $25,650 $89,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3929147

Canopy MLS (Canopy Realtor® Association)

APN: 5374