NOT LISTED FOR SALE

2774 Us 70 E Morganton, NC 28655

Estimated Value: $278,000

1.76 Acres
$157,955 Price per Acre
76,666 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $39,100

Est. 611% increase in value since last sale

Current estimated payment $1,589/month

601 Days on Market

About This Lot

As of December 2019

Great opportunity with this 1.76 acre Commercial lot on Hwy 70 between Morganton and Valdese. Lot has approximately 190ft of road highly visible frontage. Hard to find commercial site ready to build. Great for storage buildings or industrial usage or split into multiple home sites. This is a highly traveled road and perfect location for many different business opportunities. Property has had all structures cleared and is ready for your construction!

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 04/11/2018

Coldwell Banker Newton RE

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 04/11/2018

Coldwell Banker Newton RE

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 2723358832

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.65714
  • Ratio Close Price By Original Li: 0.50452
  • Ratio Current Price By Acre: 22215.91
  • Restrictions: No Restrictions
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Public Water

Schools

  • Elementary School: Drexel/Burton
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Size Area: 1.760
  • Parcel Number: 2723358832
  • Zoning Specification: M-1

Tax Info

  • Tax Value: 60816.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Dec 23, 2019
Sold by
Savage Burea Jefferson and Savage Beth Worley
Bought by
Jnh Properties Llc
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$65,900
Sold Price
$39,100
Premium/Discount to List
-$26,800
-40.67%
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,900
Avg. Annual Appreciation
40.00%

Purchase Details

Closed on
Mar 15, 2018
Sold by
Donnahue Dawn H and Donnahue Michael Ray
Bought by
Savage Peggy L and Savage Burea Jefferson

Purchase Details

Closed on
Jul 23, 2015
Sold by
Savage Peggy L and Savage Peggy Ann
Bought by
Savage Peggy L and Savage Bureau Jefferson

Purchase Details

Closed on
Apr 26, 2014
Sold by
Savage Peggy L and Savage Burea Jefferson
Bought by
Donnahue Dawn H and Donnahue Michael Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back
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
Jnh Properties Llc $39,000 None Available
Savage Peggy L -- None Available
Savage Peggy L $1,000 Attorney
Donnahue Dawn H $67,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donnahue Dawn H $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $39,100 -34.3% --
12/03/2019 12/03/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $59,500 -9.7% --
08/16/2018 08/16/18 Price Changed $65,900 0.0% --
08/16/2018 08/16/18 For Sale $65,900 +68.5% --
08/02/2018 08/02/18 Off Market $39,100 -- --
04/11/2018 04/11/18 For Sale $77,500 -- --
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 $1,573 $240,185 $40,433 $199,752
2024 $1,585 $240,185 $40,433 $199,752
2023 $1,673 $240,185 $40,433 $199,752
2022 $1,305 $158,276 $47,825 $110,451
2021 $1,299 $158,276 $47,825 $110,451
2020 $502 $55,562 $47,825 $7,737
2019 $502 $55,562 $47,825 $7,737
2018 $349 $35,887 $27,825 $8,062
2017 $540 $60,816 $27,825 $32,991
2016 $526 $60,816 $27,825 $32,991
2015 $523 $60,816 $27,825 $32,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3379495

Canopy MLS (Canopy Realtor® Association)

APN: 22830