NOT LISTED FOR SALE

2774 Us 70 E Morganton, NC 28655

Valdese Area

Estimated Value: $279,000

1.76 Acres
$158,523 Price per Acre
76,666 Sq Ft Lot

Sale Details

Date Sold: December 31, 2019

Last sale price $39,100

Est. 614% increase in value since last sale

Current estimated payment $1,665 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Listing and Financial Details

  • Assessor Parcel Number 2723358832

Property Details

Property Type

Land

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

Lot Info

  • Parcel Number: 2723358832
  • Zoning Specification: M-1

Tax Info

  • Tax Value: 60816.00
  • Tax Location: Burke

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Dec 23, 2019
Sold by
Bought by
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
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,900
Avg. Annual Appreciation
34.44%

Purchase Details

Closed on
Mar 15, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2014
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morganton, NC

  • Niki Palmer Real Estate Agent - Realty Executives of Hickory

    Niki Palmer

    Realty Executives of Hickory

    (717) 929-8443

    70 Total Sales

    7 in Valdese

    $11K - $128K Price Range

    Niki Palmer
     Section Image
  • Danielle Stone Real Estate Agent - RE/MAX A-Team

    Danielle Stone

    RE/MAX A-Team

    (828) 523-8779

    131 Total Sales

    1 in Valdese

    $550,000 Price

    Danielle Stone
     Section Image
  • Brandon Braswell Real Estate Agent - Realty Group 1 LLC

    Brandon Braswell

    Realty Group 1 LLC

    (828) 655-7725

    125 Total Sales

    1 in Valdese

    $200,000 Price

    Brandon Braswell
     Section Image
  • Michelle Freeman Real Estate Agent - C Shane Cook & Associates

    Michelle Freeman

    C Shane Cook & Associates

    (828) 624-6274

    36 Total Sales

    1 in Valdese

    $256,000 Price

    Michelle Freeman
     Section Image
  • Kristine Hutton Real Estate Agent - Coldwell Banker Boyd & Hassell

    Kristine Hutton

    Coldwell Banker Boyd & Hassell

    (828) 624-3481

    66 Total Sales

    1 in Valdese

    $175,000 Price

    Kristine Hutton
     Section Image
  • Chris Spencer Real Estate Agent - Realty Executives of Hickory

    Chris Spencer

    Realty Executives of Hickory

    (828) 523-8514

    126 Total Sales

    10 in Valdese

    $68K - $268K Price Range

    Chris Spencer
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$39,000 None Available
-- None Available
$1,000 Attorney
$67,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $85,000
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Tim Newton Real Estate Agent - Coldwell Banker Newton RE

    Seller's Agent in 2019

    Tim Newton

    Coldwell Banker Newton RE

    (828) 439-5921

    217 Total Sales

    Tim Newton
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Map

Source: Canopy MLS

MLS Number: CAR3379495

Canopy MLS

APN: 22830

North Carolina Burke County Morganton 28655

2774 Us 70 E, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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