NOT LISTED FOR SALE

402 Park Ave Morganton, NC 28655

Estimated Value: $212,000 - $238,104

3 Beds
1 Bath
1,271 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $189,000 $149 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,292/month

80 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Drexel Elementary School Rated 9+
  • Laundry Room
  • Detached Carport Space

About This Home

As of March 2023

BACK ON MARKET (Due to no fault of the seller) Excellent curb appeal, a great location with a hint of vintage charm!  This beautiful 3 bedroom, 1 bath home boasts stainless appliances, ALL NEW flooring throughout, a brick front fireplace in the living room, updated fixtures in the kitchen and bath, as well as new ceiling fans throughout.  All this with a large rockin' chair style front porch, a two-car carport, and storage shed all nestled on nearly half an acre of land, located just minutes from downtown Drexel and Morganton with only a short drive to Hickory.  The home was recently painted and has a new roof and new gutters. Put this one on your shortlist today!

Last Agent to Sell the Property

Shannon Pyatt

EXP Realty LLC License #268405 Listed on: 11/19/2022

EXP Realty LLC

Last Buyer's Agent

Shelae Lewis

WNC Real Estate at Lake James License #311859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1920

Lot Details

  • 0.47 Acre Lot
  • Property is zoned AA6

Home Design

  • Metal Roof
  • Hardboard

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • 4 Open Parking Spaces

Outdoor Features

  • Outbuilding

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11833

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 148.70
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1271
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 231
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 231
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1271
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Living Room
  • Living Area: 1271
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Other Structures: Outbuilding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Carport, Parking Space(s)

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 11833
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AA6

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Mar 6, 2023
Sold by
Ferrell Christopher Shane and Ferrell Melissa Sigm
Bought by
Tipton Keeley
Seller's Agent
Shannon Pyatt
EXP Realty LLC
Buyer's Agent
Shelae Lewis
WNC Real Estate at Lake James
List Price
$189,000
Sold Price
$189,000
Views
332
Current Estimated Value
$224,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,776
Avg. Annual Appreciation
7.06%
Original Mortgage
$30,000
Outstanding Balance
$27,983
Interest Rate
1.5%
Estimated Equity
$196,793

Purchase Details

Listed on
Jun 27, 2017
Closed on
Oct 6, 2017
Sold by
Mcgee David M and Mcgee Susan P
Bought by
Ferrell Christopher Shane and Ferrell Melissa Sigmon
Seller's Agent
Alan Long
Realty Executives of Hickory
Buyer's Agent
Fred Carroll
C Shane Cook & Associates
List Price
$98,900
Sold Price
$92,500
Premium/Discount to List
-$6,400
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$97,850
Interest Rate
4.62%
Mortgage Type
New Conventional
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
Tipton Keeley $189,000 --
Tipton Keeley $189,000 None Listed On Document
Ferrell Christopher Shane $98,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipton Keeley $30,000
Open Tipton Keeley $154,000
Closed Tipton Keeley $154,000
Previous Owner Ferrell Christopher Shane $135,000
Previous Owner Ferrell Christopher Shane $97,850
Previous Owner Shotwell Michel J $12,100
Closed Tipton Keeley $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $189,000 0.0% $149 / Sq Ft
01/16/2023 01/16/23 For Sale $189,000 0.0% $149 / Sq Ft
01/04/2023 01/04/23 Off Market $189,000 -- --
12/19/2022 12/19/22 Price Changed $189,000 -5.5% $149 / Sq Ft
11/19/2022 11/19/22 For Sale $199,900 +116.1% $157 / Sq Ft
10/06/2017 10/06/17 Sold $92,500 -6.5% $65 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $98,900 -- $69 / 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 $1,130 $185,236 $24,150 $161,086
2023 $1,125 $185,236 $24,150 $161,086
2022 $788 $101,586 $20,700 $80,886
2021 $782 $101,586 $20,700 $80,886
2020 $778 $101,586 $20,700 $80,886
2019 $778 $101,586 $20,700 $80,886
2018 $658 $84,248 $20,700 $63,548
2017 $604 $76,792 $20,700 $56,092
2016 $587 $76,792 $20,700 $56,092
2015 $584 $76,792 $20,700 $56,092
2014 $583 $76,792 $20,700 $56,092
2013 $583 $76,792 $20,700 $56,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3924463

Canopy MLS (Canopy Realtor® Association)

APN: 11833