NOT LISTED FOR SALE

2590 Genes Loop Unit 5 Morganton, NC 28655

Estimated Value: $340,000 - $431,000

0.86 Acre
$455,533 Price per Acre
37,462 Sq Ft Lot

Last Sold May 08, 2019

Last sale price $11,500

Est. 3,307% increase in value since last sale

Current estimated payment $2,235/month

47 Days on Market

About This Lot

As of May 2019

Great building lots available in Hyacinth Hills, a quiet neighborhood in the heart of the Salem community. You’ll love the beautiful sunsets and long range mountain views, you can even see Table Rock and Hawksbill from some homesites. Public water available, septic needed. Minimal building restrictions, no HOA dues, and no city taxes! Lot #5 is a sloping, .86 ac, cleared lot. Some long range mountain views can be seen from the property.

Last Agent to Sell the Property

Lauren Peach

Engel & Volkers Foothills Lake James License #287740 Listed on: 03/21/2018

Last Buyer's Agent

Shauna Reed

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #223250

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Wooded Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 2711070942
  • Tax Block 299

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.85185
  • Ratio Close Price By Original Li: 0.85185
  • Ratio Current Price By Acre: 13372.09
  • Restrictions: Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Public Water

Lot Info

  • Lot Dimension: 121x208x225x160x152
  • Lot Features: Long Range View, Sloping, Winter View, Wooded
  • Parcel Number: 2711070942
  • Zoning Specification: R-1
  • Plat Book Slide: 21

Tax Info

  • Tax Value: 16378.00
  • Tax Block: 299
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Andrew Chapman Levi
Bought by
Chapman Levi Andrew and Sharpe Brandy M
Current Estimated Value
$391,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,535
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 8, 2019
Sold by
Williams Wilson Tracy
Bought by
Chapman Levi Andrew
Seller's Agent
Lauren Peach
Engel & Volkers Foothills Lake James
Buyer's Agent
Shauna Reed
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$13,500
Sold Price
$11,500
Premium/Discount to List
-$2,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.13%
Original Mortgage
$10,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Williams Hamby Deborah
Bought by
Williams Wilson Tracy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chapman Levi Andrew -- Law Office Of James R Ayers Pl
Chapman Levi Andrew $12,000 None Available
Williams Wilson Tracy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chapman Levi Andrew $313,535
Previous Owner Chapman Levi Andrew $10,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $11,500 -14.8% --
04/02/2019 04/02/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $13,500 +17.4% --
03/31/2019 03/31/19 Off Market $11,500 -- --
02/14/2019 02/14/19 For Sale $13,500 -- --
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 $2,198 $321,549 $20,479 $301,070
2024 $2,119 $321,549 $20,479 $301,070
2023 $2,119 $321,549 $20,479 $301,070
2022 $116 $14,628 $14,628 $0
2021 $112 $14,628 $14,628 $0
2020 $112 $14,628 $14,628 $0
2019 $112 $14,628 $14,628 $0
2018 $125 $16,378 $16,378 $0
2017 $125 $16,378 $16,378 $0
2016 $122 $16,378 $16,378 $0
2015 $122 $16,378 $16,378 $0
2014 $122 $16,378 $16,378 $0
2013 $122 $16,378 $16,378 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3474997

Canopy MLS (Canopy Realtor® Association)

APN: 57244