NOT LISTED FOR SALE

2862 Emerald Cir Morganton, NC 28655

Estimated Value: $204,000 - $274,491

3 Beds
1.5 Baths
1,375 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $172,000 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,385/month

3 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Tile Flooring
  • Robert L. Patton High School Rated A-
  • Fireplace
  • Storm Doors

About This Home

As of July 2020

BEAUTIFUL 1 STORY BRICK RANCH W/BASEMENT!! Located just 5 miles from Rural King and Lowe's, and not far off of Hwy 64, this 3BD/1.5BA build sits on 1.26 acres and welcomes you home with a well-flowing open floor plan in its 1375 Sq Ft footprint. There is an additional 1375 sq ft finished and heated basement not included in total HLA due to a ceiling height that is under the threshold for real estate marketing rules. The basement also includes a 2nd Full Bath that is not counted in the bath total (see pics). OTHER FEATURES INCLUDE: 2-car Attached Carport, Large Outbuilding, Fenced Dog Area, Large Useable Yard, Open Kitchen/Dining/Living, Spacious Bedrooms w/New Carpet in Each, Woodstove in Basement, and more just 10 Minutes From Town! Accessible to many Western NC Outdoor Adventures including Lake James, Table Rock, Morganton Greenway, Linville Gorge, Catawba Meadows, and much much more! Schedule your showing quickly!!

Last Agent to Sell the Property

Kelly Davis

Rus/D Real Estate License #318698 Listed on: 05/10/2020

Co-Listed By

Rusty Davis

Rus/D Real Estate License #292254

Last Buyer's Agent

Michelle Freeman

C Shane Cook & Associates License #190724

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Storm Doors

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Outbuilding

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1781124854

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.07567
  • Ratio Current Price By Acre: 136507.94
  • Ratio Current Price By Sq Ft: 125.09
  • Year Built: 1974
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Basement, Utility Room
  • Room Count: 2
  • Sq Ft Additional: 1375
  • Main Level Sq Ft: 1375
  • Total Sq Ft: 1375

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Salem
  • Middle School: Liberty
  • High School: Patton

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Level, Open Lot, Paved Frontage, Sloping
  • Lot Size Area: 1.260
  • Parcel Number: 1781124854
  • Plat Book Slide: 6/115
  • Zoning Specification: R-MU

Tax Info

  • Tax Value: 113079.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Jul 8, 2020
Sold by
Foy Michael James and Foy Heather Renee
Bought by
Davis Bradley and Davis Tammy
Seller's Agent
Kelly Davis
Rus/D Real Estate
Buyer's Agent
Michelle Freeman
C Shane Cook & Associates
List Price
$159,900
Sold Price
$172,000
Premium/Discount to List
$12,100
7.57%
Current Estimated Value
$243,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,873
Avg. Annual Appreciation
6.82%
Original Mortgage
$174,000
Outstanding Balance
$157,715
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$86,158

Purchase Details

Listed on
Dec 14, 2016
Closed on
Feb 8, 2017
Sold by
Chatman Justine Cole and Chatman Leslie Nicole
Bought by
Foy Michael James and Foy Heather Renee
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Rusty Davis
C Shane Cook & Associates
List Price
$123,600
Sold Price
$123,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$124,600
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2011
Sold by
Dann Elizabeth L
Bought by
Chatman Justin Cole and Chatman Leslie Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Davis Bradley $172,000 None Available
Foy Michael James $124,000 Attorney
Chatman Justin Cole $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Bradley $174,000
Previous Owner Foy Michael James $124,600
Previous Owner Chatman Justin Cole $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $172,000 0.0% $125 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $172,000 +7.6% $125 / Sq Ft
05/10/2020 05/10/20 For Sale $159,900 +29.4% $116 / Sq Ft
02/08/2017 02/08/17 Sold $123,600 0.0% $93 / Sq Ft View Prior Sale
12/27/2016 12/27/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $123,600 -- $93 / 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
2025 $1,157 $161,415 $10,853 $150,562
2024 $1,161 $161,415 $10,853 $150,562
2023 $1,161 $161,415 $10,853 $150,562
2022 $1,074 $124,013 $9,302 $114,711
2021 $1,068 $124,013 $9,302 $114,711
2020 $879 $100,838 $9,302 $91,536
2019 $853 $100,838 $9,302 $91,536
2018 $842 $99,383 $9,302 $90,081
2017 $786 $92,420 $9,720 $82,700
2016 $767 $92,420 $9,720 $82,700
2015 $764 $92,420 $9,720 $82,700
2014 $763 $92,420 $9,720 $82,700
2013 $745 $90,038 $9,720 $80,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3619640

Canopy MLS (Canopy Realtor® Association)

APN: 9280