NOT LISTED FOR SALE

303 Poteat Dr Morganton, NC 28655

Estimated Value: $365,000 - $472,000

3 Beds
2.5 Baths
1,738 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $380,000 $219 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,501/month

24 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Kitchen Island
  • Drexel Elementary School Rated 9+
  • Walk-In Closet
  • Gas Log Fireplace

About This Home

As of February 2022

Price Reduced!! Better than new! Newly remodeled 3 bedrooms 2 1/2 baths Cape Cod with wrap around porch. Completely renovated kitchen including appliances. All new lighting. Completely renovated bathrooms. All new porch posts, New 40 yr architectural shingles with 6" gutters with gutter guards, New 24x32 Carport, new covered back porch for outdoor cooking and entertaining. New 15 seer high efficiency Heat Pump with all new ductwork upper lever, main level has a 2019 Heat Pump. New hot water heater. Large utility building, 4 car carport and a she shed or man cave ready with power and new roof ready to complete the inside the way you want it. Well maintained yard with beautiful landscaping.

Last Agent to Sell the Property

Kathleen Klemm

Kathy Klemm Realty, LLC License #307873 Listed on: 12/10/2021

Last Buyer's Agent

Lisa Starnes

Baker Realty License #286063

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.52

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Additional Features

  • Outbuilding
  • Cleared Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2724206069

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 0.95501
  • Ratio Close Price By Original Li: 0.90069
  • Ratio Current Price By Acre: 730769.23
  • Ratio Current Price By Sq Ft: 218.64
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 628
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Exhaust Hood, Microwave
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1110
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 4+ Car, Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Drexel
  • Middle School: Heritage
  • High School: Jimmy C Draughn
  • Middle Or Junior School: Heritage

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.520
  • Parcel Number: 2724206069
  • Plat Book Slide: 6/111
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 152315.00
  • Tax Location: Morganton

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 4, 2022
Sold by
Homan Ronald J and Homan Cynthia T
Bought by
Schaefer Andrew Paul and Schaefer Tonya Jane
Seller's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
Buyer's Agent
Lisa Starnes
Baker Realty
List Price
$421,900
Sold Price
$380,000
Premium/Discount to List
-$41,900
-9.93%
Current Estimated Value
$428,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,860
Avg. Annual Appreciation
3.27%
Original Mortgage
$352,700
Outstanding Balance
$328,372
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$98,212

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 15, 2021
Sold by
Powell Philip K and Powell Holly H
Bought by
Homan Ronald J and Homan Cynthia T
Seller's Agent
Myra Marshall
Weichert, Realtors - Team Metro
Buyer's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
List Price
$279,000
Sold Price
$274,500
Premium/Discount to List
-$4,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.74%
Original Mortgage
$184,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 8, 2021
Sold by
Janet Baker Lois
Bought by
Powell Philip
Seller's Agent
Myra Marshall
Weichert, Realtors - Team Metro
Buyer's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
List Price
$279,000
Sold Price
$274,500
Premium/Discount to List
-$4,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.9%
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
Schaefer Andrew Paul $380,000 Stames Aycock Law Firm
Homan Ronald J $274,500 None Available
Powell Philip $13,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Andrew Paul $352,700
Previous Owner Homan Ronald J $184,000
Previous Owner Baker Lois Janet $114,100
Previous Owner Baker Lois $105,000
Previous Owner Baker Lois Janet $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $380,000 -4.5% $219 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/20/2021 12/20/21 Price Changed $397,900 -1.8% $229 / Sq Ft
12/14/2021 12/14/21 Price Changed $405,000 -4.0% $233 / Sq Ft
12/10/2021 12/10/21 For Sale $421,900 +53.7% $243 / Sq Ft
07/15/2021 07/15/21 Sold $274,500 -1.6% $158 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $279,000 -- $161 / 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 $2,182 $373,022 $27,214 $345,808
2023 $2,177 $373,022 $27,214 $345,808
2022 $1,322 $178,356 $20,159 $158,197
2021 $1,135 $152,315 $20,159 $132,156
2020 $1,131 $152,315 $20,159 $132,156
2019 $1,131 $152,315 $20,159 $132,156
2018 $1,120 $150,741 $20,159 $130,582
2017 $1,114 $150,275 $20,159 $130,116
2016 $1,087 $150,275 $20,159 $130,116
2015 $1,084 $150,275 $20,159 $130,116
2014 $1,082 $150,275 $20,159 $130,116
2013 $1,082 $150,275 $20,159 $130,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3812556

Canopy MLS (Canopy Realtor® Association)

APN: 14465