NOT LISTED FOR SALE

402 E Main St Morganton, NC 28655

Estimated Value: $189,000 - $246,000

3 Beds
1 Bath
1,629 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 23, 2014

Last sale price $93,500 $57 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,332/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Level Lot

About This Home

As of April 2014

Spacious and well maintained Craftsman Bungalow that is close to everything ! Most of the interior was renovated in 2005 (including new roof and gas furnace)Dining room with french doors leading to living room make for an inviting interior layout. Large front porch and mature trees adds wonderful outdoor living space. This is a must see ! (Seller will change kitchen range prior to closing/EM to Atty or Selling Agent trust Account)

Eddie Grindstaff

Burke Real Estate Inc. License #211703 Listed on: 02/03/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Level Lot

Home Design

  • Traditional Architecture
  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Oven

Listing and Financial Details

  • Assessor Parcel Number 2723791559

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage, Traditional
  • Ratio Close Price By List Price: 0.98733
  • Ratio Current Price By Acre: 267142.86
  • Ratio Current Price By Sq Ft: 57.40
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Oven, Refrigerator, Washer Connection
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Stairs Pulldown, Window Treatments
  • Room Count: 7
  • Total Sq Ft: 1629

Exterior Features

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

Utilities

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

Schools

  • Elementary School: Drexel/Burton
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Dimension: 93.96x138.28x70347x36.11x25.57
  • Lot Features: Level
  • Lot Size Area: 0.350
  • Parcel Number: 2723791559

Tax Info

  • Tax Value: 101526.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Apr 23, 2014
Sold by
Mcdavid Lisa M
Bought by
Ollis Dana B and Powell Kevin C
Buyer's Agent
Eddie Grindstaff
Burke Real Estate Inc.
List Price
$93,500
Sold Price
$93,500
Total Days on Market
8
Current Estimated Value
$225,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,865
Avg. Annual Appreciation
8.29%
Original Mortgage
$93,500
Outstanding Balance
$72,541
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$152,824

Purchase Details

Closed on
Oct 21, 2005
Sold by
Selig Vincent K and Selig Denice E
Bought by
Mcdavid Michael and Mcdavid Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,979
Interest Rate
7.94%
Mortgage Type
FHA

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
Ollis Dana B $93,500 None Available
Mcdavid Michael $93,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollis Dana B $93,500
Previous Owner Mcdavid Michael $91,979
Previous Owner Selig Denice $70,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2014 04/23/14 Sold $93,500 0.0% $57 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $93,500 -- $57 / 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 $979 $158,252 $18,375 $139,877
2023 $974 $158,252 $18,375 $139,877
2022 $840 $108,997 $15,750 $93,247
2021 $789 $102,641 $15,750 $86,891
2020 $785 $102,641 $15,750 $86,891
2019 $785 $102,641 $15,750 $86,891
2018 $778 $101,599 $15,750 $85,849
2017 $776 $101,599 $15,750 $85,849
2016 $756 $101,599 $15,750 $85,849
2015 $753 $101,599 $15,750 $85,849
2014 $751 $101,526 $15,750 $85,776
2013 $751 $101,526 $15,750 $85,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB25318

Canopy MLS (Canopy Realtor® Association)

APN: 24960