NOT LISTED FOR SALE

3723 Laurel Heights Dr Morganton, NC 28655

Estimated Value: $357,000 - $513,000

3 Beds
2.5 Baths
2,355 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $145,000 $62 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $2,599/month

63 Days on Market

Highlights

  • Equestrian Center
  • 17 Acre Lot
  • Front Porch
  • Mull Elementary School Rated 9+
  • Skylights
  • Storm Windows

About This Home

As of March 2012

Bank REO property. Approx 17 acres with 3br, 2.5 bath tri level. Previously used as dog kennel. large kennels in back ready for business. Home features large living room, 3 BR upstairs with family room in lower level. Also, has unfinished bsmt area. fenced back yard. Very private location yet convenient to town. Property priced over $160,000 below tax value. Seller addendum required with contract.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE Brokerage Email: timnewton@coldwellbanker.com License #103382 Listed on: 12/02/2011

Coldwell Banker Newton RE

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE Brokerage Email: timnewton@coldwellbanker.com License #103382 Listed on: 12/02/2011

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 17 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Vinyl Flooring
  • Storm Windows
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mull Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Septic Tank

Additional Features

  • Front Porch
  • Equestrian Center

Community Details

  • Laurel Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 97-20-1-7,15

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Special Assessment Yn: 0
  • Inside City Yn: 0
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 172.62
  • Property Sub Type Additional: Manufacturing
  • Attribution Contact: timnewton@coldwellbanker.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Vinyl
  • Sq Ft Unheated Basement: 675
  • Sq Ft Unheated Total: 675
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 840
  • Fireplace Features: Insert, Wood Burning
  • Living Area: 2355
  • Window Features: Skylight(s), Storm Window(s)

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Road Frontage: 0
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: None

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Septic Installed
  • Cooling: Window Unit(s)
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Liberty

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 97-20-1-7,15
  • Horse Amenities: Equestrian Facilities
  • Lot Size Acres: 17
  • Lot Size: irregular
  • Lot Size Sq Ft: 740520
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mull
  • High School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2011
Closed on
Mar 9, 2012
Sold by
Hood James T
Bought by
Hood James T and Hood Gwen S
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$453,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,043
Avg. Annual Appreciation
8.60%
Original Mortgage
$129,000
Outstanding Balance
$87,035
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$366,008

Purchase Details

Listed on
Dec 2, 2011
Closed on
Feb 28, 2012
Sold by
Regions Bank
Bought by
Hood James T
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$87,035
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$366,008
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hood James T -- None Available
Hood James T $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hood James T $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $145,000 0.0% $62 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $145,000 -- $62 / 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 $2,780 $410,381 $59,681 $350,700
2024 $2,680 $410,381 $59,681 $350,700
2023 $2,680 $410,381 $59,681 $350,700
2022 $3,011 $368,421 $76,676 $291,745
2021 $2,894 $368,421 $76,676 $291,745
2020 $2,890 $368,421 $76,676 $291,745
2019 $2,890 $368,421 $76,676 $291,745
2018 $2,250 $284,765 $76,676 $208,089
2017 $2,248 $284,765 $76,676 $208,089
2016 $2,187 $284,765 $76,676 $208,089
2015 $2,184 $284,765 $76,676 $208,089
2013 $1,630 $210,658 $76,676 $133,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: B22441

Canopy MLS (Canopy Realtor® Association)

APN: 12322