NOT LISTED FOR SALE

2924 Bowman Ave Morganton, NC 28655

Estimated Value: $124,000 - $215,000

3 Beds
1 Bath
1,186 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $88,825 $75 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,042/month

3 Days on Market

Highlights

  • Ranch Style House
  • Storm Doors
  • Level Lot
  • Wood Flooring
  • Many Trees

About This Home

As of August 2018

Nice home with 3 bedrooms, 1 bathroom, and partial basement on 1.45 acres. The home has original hard wood floors in the living room and bedrooms. Large yard with shade trees and plenty of room for a garden. Quiet neighborhood in the older Oak Hill district of Morganton. Located close to Jonas Ridge and Banner Elk, within 5 miles of Lake James. Move in ready, just needs a few updates. New metal roof installed in 2016.

Last Agent to Sell the Property

Annette Abernathy

Realty Executives of Hickory License #266422 Listed on: 06/20/2018

Realty Executives of Hickory

Last Buyer's Agent

Sandra Walker

RE/MAX Southern Lifestyles License #242688

RE/MAX Southern Lifestyles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1785038559

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.04623
  • Ratio Close Price By Original Li: 1.04623
  • Ratio Current Price By Acre: 61258.62
  • Ratio Current Price By Sq Ft: 74.89
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Brick, Concrete
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1186
  • Total Sq Ft: 1186
  • Sq Ft Unheated Basement: 611

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Oil Hot Air
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 1.450
  • Parcel Number: 1785038559
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 43329.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 9, 2018
Sold by
Brandon Alvin and Brandon Diane
Bought by
Randall Matthew T and Matthews Stephanie T
Seller's Agent
Annette Abernathy
Realty Executives of Hickory
Buyer's Agent
Sandra Walker
RE/MAX Southern Lifestyles
List Price
$84,900
Sold Price
$88,825
Premium/Discount to List
$3,925
4.62%
Current Estimated Value
$179,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,046
Avg. Annual Appreciation
10.25%
Original Mortgage
$90,800
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2010
Sold by
Brandon Edith N
Bought by
Brandon Alvin B and Jackson Jane
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
Randall Matthew T $89,000 None Available
Brandon Alvin B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall Stephanie Jean $176,767
Closed Randall Matthew T $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $88,825 +4.6% $75 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $84,900 -- $72 / 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 $744 $102,471 $20,884 $81,587
2023 $744 $102,471 $20,884 $81,587
2022 $776 $88,405 $14,230 $74,175
2021 $770 $88,405 $14,230 $74,175
2020 $766 $88,405 $14,230 $74,175
2019 $766 $88,405 $14,230 $74,175
2018 $532 $58,649 $15,320 $43,329
2017 $530 $58,649 $15,320 $43,329
2016 $517 $58,649 $15,320 $43,329
2015 $514 $58,649 $15,320 $43,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3404830

Canopy MLS (Canopy Realtor® Association)

APN: 29316