NOT LISTED FOR SALE

305 Tate St Morganton, NC 28655

Estimated Value: $447,000 - $639,654

4 Beds
3.5 Baths
3,310 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $160,000 $48 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $3,160/month

48 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Level Lot

About This Home

As of September 2013

HUD Case #381-927028.Purchase this home for only $100 DOWN!See your agent for details.FHA Insured Escrow financing available with $880 in required repairs.TONS OF CHARACTER AND CHARM in this early 20th century 1.5 story 4 BR 3 1/2 bath home in downtown Morganton NC.Main level includes a formal living room,den w fireplace,2 kitchens(1 with updates)a huge walk-in pantry,and formal dining room. There is also a master suite that is uncommon for homes of this era.A second bedroom and full bathroom w cast iron claw foot tub complete the 1st level.Upstairs is Jack & Jill suite w 2 BR,dbl toilets and vanities,and central tub/shower.Oversized garage,outbldg and covered porch,all on 2.79 ACRES complete this RARE FIND!WILL NOT LAST LONG!HOME SOLD AS-IS/WHERE IS.HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race,color,religion,sex,disability,familial status,or national origin.Equal Housing Opportunity.

Last Agent to Sell the Property

Jason Dale

Hott Property LLC License #261328 Listed on: 05/29/2013

Hott Property LLC

Last Buyer's Agent

Jason Dale

Hott Property LLC License #261328 Listed on: 05/29/2013

Hott Property LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • Level Lot

Parking

  • 1

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Window Treatments

Flooring

  • Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 2704114549

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.94118
  • Ratio Current Price By Acre: 57347.67
  • Ratio Current Price By Sq Ft: 48.34
  • Year Built: 1924
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Equipment: Cooktop, Dishwasher, Washer Connection
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Window Treatments
  • Room Count: 13
  • Total Sq Ft: 3310
  • Sq Ft Unheated Basement: 50
  • Sq Ft Unheated Total: 50

Exterior Features

  • Construction: Wood
  • Exterior Features: Building - Storage Shed/Outbuilding

Garage/Parking

  • Parking: Garage - 1 Car, Garage - 2 Car

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Public Sewer

Schools

  • Middle School: Walter Johnson
  • High School: Freedom

Lot Info

  • Lot Dimension: 208x656
  • Lot Features: Level
  • Lot Size Area: 2.790
  • Parcel Number: 2704114549

Tax Info

  • Tax Value: 173053.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Sep 17, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Gialluca Anthony and Gialluca Toby
Seller's Agent
Jason Dale
Hott Property LLC
Buyer's Agent
Jason Dale
Hott Property LLC
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$534,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,664
Avg. Annual Appreciation
10.48%
Original Mortgage
$128,000
Outstanding Balance
$64,843
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$469,821

Purchase Details

Closed on
Nov 26, 2012
Sold by
Hicks Linda K and Hicks Ronald L
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 30, 2009
Sold by
Sigmon Juanita H
Bought by
Hicks Ronald L and Hicks Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,616
Interest Rate
4.79%
Mortgage Type
FHA
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
Gialluca Anthony -- None Available
Secretary Of Housing & Urban Development $130,400 None Available
Hicks Ronald L $242,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gialluca Anthony $128,000
Previous Owner Hicks Ronald L $237,616
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $160,000 0.0% $48 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $160,000 -- $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 $4,007 $704,501 $45,669 $658,832
2024 $2,428 $416,898 $45,669 $371,229
2023 $2,423 $416,898 $45,669 $371,229
2022 $2,250 $311,983 $40,669 $271,314
2021 $2,244 $311,983 $40,669 $271,314
2020 $2,247 $312,928 $40,669 $272,259
2019 $2,247 $312,928 $40,669 $272,259
2018 $2,096 $291,195 $40,669 $250,526
2017 $2,094 $291,195 $40,669 $250,526
2016 $1,242 $173,053 $40,670 $132,383
2015 $1,239 $173,053 $40,670 $132,383
2014 $1,237 $173,053 $40,670 $132,383
2013 $1,237 $173,053 $40,670 $132,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB24289

Canopy MLS (Canopy Realtor® Association)

APN: 7552