NOT LISTED FOR SALE

4009 Sundown Rd Morganton, NC 28655

Estimated Value: $331,000

2 Beds
2 Baths
1,236 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $202,500 $164 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,975/month

224 Days on Market

Highlights

  • Front Porch
  • Access to stream, creek or river
  • Gas Log Fireplace
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of March 2022

A rare opportunity to find a property like this. Live in 1 side and rent the other with this duplex on approx. 2.7 acres. Investment opportunity as you can build additional buildings or just enjoy your private mini farm. 1 side is mostly finished and adjacent side/unit is framed only. Lots of possibilities with this property, could be converted into single family or kept split as duplex. Building also offers full basement which could be additional living or storage space. Conveniently located off exit 96 of I-40 so short drive to beautiful; Lake James or even Asheville, Morganton or Hickory. Will not last at 265,000.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/22/2021

Coldwell Banker Newton RE

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/22/2021

Coldwell Banker Newton RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • Gas Log Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage
  • Driveway

Outdoor Features

  • Access to stream, creek or river
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 1762828120

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 2017
  • Ratio Current Price By Acre: 75278.81
  • Road Surface Type: Gravel
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Laminate
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 2472
  • Porch: Front
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Living Area: 1236

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Paved, Creek/Stream
  • Lot Size Units: Acres
  • Parcel Number: 1762828120
  • Lot Size: irreg
  • Zoning Description: Burke

Rental Info

  • Rent Includes: All Utilities
  • Tenant Pays: Other
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 1.03417

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 0

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Feb 25, 2022
Sold by
Hunter Randy E
Bought by
Smith Dana
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$265,000
Sold Price
$202,500
Premium/Discount to List
-$62,500
-23.58%
Current Estimated Value
$331,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,500

Purchase Details

Closed on
Jul 20, 2015
Sold by
Cuthbertson Jody and Cuthbertson Lea
Bought by
Hunter Randy E and Hunter Bonnie M

Purchase Details

Closed on
Aug 5, 2012
Sold by
Cuthbertson Walter R
Bought by
Cuthbertson Jody and Cuthbertson Lea

Purchase Details

Closed on
Nov 20, 2009
Sold by
Cross Eugene and Cross Penelope A
Bought by
Cuthbertson Walter R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 2008
Sold by
Jkjb Llc
Bought by
Cross Eugene

Purchase Details

Closed on
Aug 28, 2007
Sold by
Flowers Betty Jo
Bought by
Parker Joyce
Source: Public Records
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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
Smith Dana $205,000 None Listed On Document
Hunter Randy E -- Attorney
Cuthbertson Jody -- None Available
Cuthbertson Walter R $30,000 None Available
Cross Eugene $25,000 None Available
Parker Joyce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuthbertson Walter R $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $202,500 -3.3% $164 / Sq Ft
12/14/2021 12/14/21 Price Changed $209,500 -8.7% $169 / Sq Ft
10/14/2021 10/14/21 Price Changed $229,500 -8.0% $186 / Sq Ft
08/27/2021 08/27/21 Price Changed $249,500 -5.8% $202 / Sq Ft
07/22/2021 07/22/21 For Sale $265,000 -- $214 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,041 $439,472 $27,240 $412,232
2024 $3,055 $439,472 $27,240 $412,232
2023 $1,961 $272,589 $27,240 $245,349
2022 $1,795 $202,577 $19,599 $182,978
2021 $1,783 $202,577 $19,599 $182,978
2020 $1,058 $122,462 $19,599 $102,863
2019 $1,058 $122,462 $19,599 $102,863
2018 $616 $77,546 $19,599 $57,947
2017 $156 $19,599 $19,599 $0
2016 $157 $19,599 $19,599 $0
2015 $157 $19,599 $19,599 $0
2014 $157 $19,599 $19,599 $0
2013 $157 $19,599 $19,599 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3764582

Canopy MLS (Canopy Realtor® Association)

APN: 19674