$62,500
SOLD JUL 15, 2021

3277 Ed Bowman St Morganton, NC 28655

3 Beds
1 Bath
1,491 Sq Ft
3.15 Acres

Recently Sold

$42 Per Sq Ft

22% Below List Price

4 Days on Market

Highlights

  • Fireplace
  • Bungalow
  • Vinyl Flooring

About This Home

As of December 2021

Fantastic price for this 3 bedroom 1 bath fixer-upper with 3.15 acres at the end of a dead-end street. The main level has a living room, dining room with fireplace, eat-in kitchen, full bath, 1 bedroom, and laundry room. Upstairs find 2 more ample-sized bedrooms. This property is surrounded by large tracts of land offering good privacy. The home has a new driveway, water line, and survey. Power and water not on at this time. Will only accept cash or conventional loan. Property is being sold as-is. Tax value with new acreage is being assigned.

Last Agent to Sell the Property

Christie Leonard

WNC Real Estate at Lake James Listed on: 07/07/2021

Last Buyer's Agent

Jenn Davis

Huffman Realty Group, LLC License #307218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1940

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Vinyl Flooring
  • Crawl Space

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1772-27-2200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.78223
  • Ratio Close Price By Original Li: 0.78223
  • Ratio Current Price By Acre: 19841.27
  • Ratio Current Price By Sq Ft: 41.92
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 390
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1101
  • Total Sq Ft: 1491

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Sewer: Septic Installed
  • Water: City Water

Schools

  • Elementary School: Glen Alpine
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Mountain View, Natural Waterfall
  • Lot Size Area: 3.150
  • Parcel Number: 1772-27-2200
  • Zoning Specification: M-1

Tax Info

  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 20, 2021
Sold by
Integrity Building Group Llc
Bought by
Stewart Chad and Stewart Katherine
Seller's Agent
Jenn Davis
Huffman Realty Group, LLC
Buyer's Agent
Allison Pryor
Coldwell Banker Newton RE
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$267,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,902
Avg. Annual Appreciation
8.37%
Original Mortgage
$199,500
Outstanding Balance
$183,864
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$84,038

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jul 15, 2021
Sold by
Dusty Georges Investments Llc
Bought by
Integrity Building Group Llc
Seller's Agent
Christie Leonard
WNC Real Estate at Lake James
Buyer's Agent
Jenn Davis
Huffman Realty Group, LLC
List Price
$79,900
Sold Price
$62,500
Premium/Discount to List
-$17,400
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1139.99%

Purchase Details

Listed on
Feb 19, 2021
Closed on
May 12, 2021
Sold by
Clarke Beulah P and Harrison Suzan
Bought by
Dusty George Investments Llc
Seller's Agent
Eli Ward
WNC Real Estate Inc.
Buyer's Agent
Christie Leonard
WNC Real Estate at Lake James
List Price
$70,000
Sold Price
$21,000
Premium/Discount to List
-$49,000
-70%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42700.46%
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 Type Sale Price Title Company
Warranty Deed $199,000 Hodges Robert E
Warranty Deed $62,500 Beyer Richard W
Warranty Deed $21,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $199,000 0.0% $136 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $199,000 0.0% $136 / Sq Ft
11/04/2021 11/04/21 Off Market $199,000 -- --
11/04/2021 11/04/21 For Sale $199,000 +218.4% $136 / Sq Ft
07/15/2021 07/15/21 Sold $62,500 -21.8% $42 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $79,900 +280.5% $54 / Sq Ft
05/12/2021 05/12/21 Sold $21,000 -70.0% $14 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $70,000 0.0% $47 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $70,000 0.0% $47 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $70,000 -- $47 / 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 $1,373 $194,686 $29,222 $165,464
2023 $1,373 $194,686 $29,222 $165,464
2022 $1,211 $141,967 $21,084 $120,883
2021 $424 $43,775 $9,600 $34,175
2020 $420 $43,775 $9,600 $34,175
2019 $411 $43,775 $9,600 $34,175
2018 $407 $43,257 $9,600 $33,657
2017 $405 $43,257 $9,600 $33,657
2016 $394 $43,257 $9,600 $33,657
2015 $391 $43,257 $9,600 $33,657
2014 $381 $43,257 $9,600 $33,657
2013 $381 $43,257 $9,600 $33,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3758272

Canopy MLS (Canopy Realtor® Association)

APN: 53312