NOT LISTED FOR SALE

308 N Terrace Place Unit 11 Morganton, NC 28655

Estimated Value: $368,258 - $427,000

4 Beds
2 Baths
2,082 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $300,000 $144 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,262/month

31 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Laundry Room
  • Robert L. Patton High School Rated A-
  • Patio
  • Attic Fan

About This Home

As of August 2022

Live near downtown Morganton close to restaurants, breweries and shopping! Easy access to the Catawba River Greenway where you can enjoy walking, biking, canoeing, etc. One-level living with partially finished basement and lots of storage or workshop space. Ready for your finishing touch, this four-bedroom, 2 full bath brick home has lots of natural light. Sale includes 2 lots totaling 1.49 acres. See this wonderful home today!

Last Agent to Sell the Property

Laura Mulwee

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #240738 Listed on: 07/31/2022

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Leanne Brittain

Nest Realty Morganton License #268867

Nest Realty Morganton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 646'x100'
  • Sloped Lot
  • Property is zoned LID, Morganto

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Propane Fireplace
  • Living Room with Fireplace
  • Attic Fan
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Schools

  • Walter Johnson Middle School
  • Freedom High School

Additional Features

  • Patio
  • Heat Pump System

Community Details

  • Mountainbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1793972417

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,576

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1959
  • Ratio Current Price By Acre: 201342.28
  • Restrictions: Deed
  • Restrictions Description: No mobile homes on 0 Johnson lot
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 144.09
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1636
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1190
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1190
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front,Patio
  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 446
  • Fireplace Features: Living Room, Propane
  • Living Area: 2082
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 180
  • Parking Features: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Basement
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 1.49
  • Lot Size Units: Acres
  • Parcel Number: 1793972417
  • Plat Book Slide: 4/62A
  • Lot Size: 646'x100'
  • Additional Parcels Description: 1793971736
  • Zoning Description: Morganto
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.36912

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Aug 29, 2022
Sold by
Lafevers Nina M
Bought by
Bunner Gregory and Burke Ashley Willis
Seller's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Leanne Brittain
Nest Realty Morganton
List Price
$300,000
Sold Price
$300,000
Views
19
Current Estimated Value
$401,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,815
Avg. Annual Appreciation
9.79%
Original Mortgage
$240,000
Outstanding Balance
$229,814
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$172,001
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
Bunner Gregory $300,000 Ayers James R
Bunner Gregory $300,000 Ayers James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunner Gregory $240,000
Closed Bunner Gregory $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $300,000 0.0% $144 / Sq Ft
07/31/2022 07/31/22 For Sale $300,000 -- $144 / 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 $1,576 $266,406 $36,941 $229,465
2024 $1,585 $266,406 $36,941 $229,465
2023 $1,580 $266,406 $36,941 $229,465
2022 $1,424 $193,133 $34,850 $158,283
2021 $1,418 $193,133 $34,850 $158,283
2020 $1,414 $193,133 $34,850 $158,283
2019 $1,414 $193,133 $34,850 $158,283
2018 $1,273 $172,830 $34,850 $137,980
2017 $1,271 $172,830 $34,850 $137,980
2016 $1,240 $172,830 $34,850 $137,980
2015 $1,237 $172,830 $34,850 $137,980
2014 $1,236 $172,830 $34,850 $137,980
2013 $1,236 $172,830 $34,850 $137,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889835

Canopy MLS (Canopy Realtor® Association)

APN: 4262