NOT LISTED FOR SALE

298 Summers Rd Morganton, NC 28655

Estimated Value: $238,504 - $276,000

2 Beds
1 Bath
1,523 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $160,500 $105 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,484/month

93 Days on Market

Highlights

  • Ranch Style House
  • Finished Attic
  • Shed
  • Heritage Middle School Rated A-
  • Fireplace
  • Attic Fan

About This Home

As of November 2019

Home located just outside Morganton city limits, very convenient to I-40 and Hwy 70. Home has many recent updates including new flooring, wiring, and plumbing. HVAC was replaced in 2014. It sits on a level half acre lot, with mature trees. Large sunroom providing an abundance of natural light. Must see in person!

Last Agent to Sell the Property

Amy Lockee

Lockee Realty LLC License #298981 Listed on: 07/23/2019

Last Buyer's Agent

Michelle Freeman

C Shane Cook & Associates License #190724

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Crawl Space

Attic

  • Attic Fan
  • Pull Down Stairs to Attic
  • Finished Attic

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 39818

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.03615
  • Ratio Close Price By Original Li: 1.03615
  • Ratio Current Price By Acre: 321000.00
  • Ratio Current Price By Sq Ft: 105.38
  • Year Built: 1951
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Dryer, Exhaust Hood, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Attic Fan, Attic Finished, Attic Stairs Pulldown, Basement Shop
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1523
  • Total Sq Ft: 1523
  • Sq Ft Unheated Basement: 500

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Features: Level, Open Lot, Paved Frontage
  • Lot Size Area: 0.500
  • Parcel Number: 39818
  • Zoning Specification: AA0

Tax Info

  • Tax Value: 96996.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Nov 27, 2019
Sold by
Robson Alice L
Bought by
Edwards Joshua and Edwards Wendy S
Seller's Agent
Amy Lockee
Lockee Realty LLC
Buyer's Agent
Michelle Freeman
C Shane Cook & Associates
List Price
$154,900
Sold Price
$160,500
Premium/Discount to List
$5,600
3.62%
Current Estimated Value
$262,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,126
Avg. Annual Appreciation
8.74%
Original Mortgage
$162,626
Outstanding Balance
$143,378
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$119,248

Purchase Details

Closed on
Jun 14, 2019
Sold by
Robson Alice L
Bought by
Robson Alice L

Purchase Details

Listed on
Jun 29, 2013
Closed on
Aug 8, 2013
Sold by
Fannie Mae
Bought by
Robson Charles
Seller's Agent
Jason Dale
Hott Property LLC
List Price
$66,350
Sold Price
$66,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$58,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2013
Sold by
Wilschke David C and Wilschke Debbie S
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2013
Sold by
Wilschke Debra Sue Jenkins and Wilschke David
Bought by
Interstate Intrinsic Value Fund A Llc
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
Edwards Joshua $160,500 None Available
Robson Alice L $56,000 None Available
Robson Charles -- None Available
Federal National Mortgage Association $75,774 None Available
Interstate Intrinsic Value Fund A Llc $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Joshua $162,626
Previous Owner Robson Charles $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2019 11/27/19 Sold $160,500 +3.6% $105 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $154,900 0.0% $102 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $154,900 0.0% $102 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $154,900 +133.5% $102 / Sq Ft
09/06/2013 09/06/13 Sold $66,350 0.0% $48 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $66,350 -- $48 / 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 $1,153 $162,020 $15,000 $147,020
2024 $1,157 $162,020 $15,000 $147,020
2023 $1,157 $162,020 $15,000 $147,020
2022 $1,020 $121,298 $15,000 $106,298
2021 $1,014 $121,298 $15,000 $106,298
2020 $1,010 $121,298 $15,000 $106,298
2019 $826 $96,996 $15,000 $81,996
2018 $815 $95,553 $15,000 $80,553
2017 $823 $95,553 $15,000 $80,553
2016 $703 $84,105 $15,000 $69,105
2015 $700 $84,105 $15,000 $69,105
2014 $698 $84,105 $15,000 $69,105
2013 $698 $84,105 $15,000 $69,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3532707

Canopy MLS (Canopy Realtor® Association)

APN: 39818