NOT LISTED FOR SALE

2751 Lail Rd Morganton, NC 28655

Estimated Value: $200,000 - $269,985

4 Beds
2 Baths
1,831 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $249,900 $136 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,484/month

24 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Tile Flooring
  • Sun or Florida Room
  • Laundry Room
  • Ceiling Fan

About This Home

As of October 2022

Rare opportunity! 2 HOMES on ONE property! This unique situation is ideal for any investor or someone who wants to live in one property and rent out the other. One home was built in 1948 and the other was built in 1970 but both homes have vinyl, replacement windows, updated countertops, kitchen appliances, tiled floors, newer roof and heating and air units. The homes are a 2 Bedroom/1 Bath layout and one has a full basement with laundry on the main level. With around 1.5 acres of land, there is also opportunity for more! Come see today!

Last Agent to Sell the Property

Christina Holden

Better Homes and Gardens Real Estate Foothills License #247505 Listed on: 08/19/2022

Better Homes and Gardens Real Estate Foothills

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1948

Lot Details

  • 1.5

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,831 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Glen Alpine Elementary School
  • Table Rock Middle School
  • Freedom High School

Additional Features

  • Outbuilding
  • Sloped Lot
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1773128584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,643

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Ranch
  • Year Built: 1948
  • Ratio Current Price By Acre: 166600.00
  • Road Surface Type: Gravel
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: See Remarks
  • Flooring: Tile
  • Fixture Exception Yn: 0
  • Sq Ft Unheated Basement: 960
  • Porch: Side
  • Room Other: Basement,Bathroom(s),Bedroom(s),Dining Area,Laundry,Living Room,Sunroom
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1831
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 866
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 965

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Property Features: Attic Stairs Pulldown,Cable Available,Dishwasher,Range/Oven,Refrigerator
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 1.5
  • Lot Size Units: Acres
  • Parcel Number: 1773128584
  • Plat Book Slide: 38/57
  • Zoning Description: RA-20
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: Other
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.33613

Multi Family

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

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 11, 2022
Sold by
Bingharn Susan Orders
Bought by
Franklin Crisoi and Crisoi Laurle A
Seller's Agent
Christina Holden
Better Homes and Gardens Real Estate Foothills
Buyer's Agent
Freddy Karmatz
FK and Associates Real Estate Firm
List Price
$275,000
Sold Price
$249,900
Premium/Discount to List
-$25,100
-9.13%
Current Estimated Value
$244,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,853
Avg. Annual Appreciation
-1.29%
Original Mortgage
$171,425
Outstanding Balance
$165,916
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$75,027

Purchase Details

Closed on
Mar 29, 2009
Sold by
Whitlock Rama Orders and Orders Michael Thomas
Bought by
Whitlock Rama Orders
Source: Public Records

Range of Values:

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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
Franklin Crisoi $249,900 Tyron Title
Whitlock Rama Orders $58,000 None Available
Bingham Susan Orders $40,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Crisoi $171,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $249,900 0.0% $136 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $249,900 -9.1% $136 / Sq Ft
08/19/2022 08/19/22 For Sale $275,000 -- $150 / 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
2024 $1,643 $178,918 $23,320 $155,598
2023 $1,697 $178,918 $23,320 $155,598
2022 $1,271 $106,972 $23,320 $83,652
2021 $1,259 $106,972 $23,320 $83,652
2020 $1,262 $106,972 $23,320 $83,652
2019 $1,262 $106,972 $23,320 $83,652
2018 $1,206 $99,722 $23,320 $76,402
2017 $1,212 $99,722 $23,320 $76,402
2016 $1,257 $99,722 $23,320 $76,402
2015 $1,206 $99,722 $23,320 $76,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3896905

Canopy MLS (Canopy Realtor® Association)

APN: 24388