NOT LISTED FOR SALE

404 E Concord St Morganton, NC 28655

Estimated Value: $470,710 - $504,000

4 Beds
4 Baths
2,304 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $425,000 $184 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,802/month

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Laundry Room
  • Robert L. Patton High School Rated A-
  • Balcony
  • Four Sided Brick Exterior Elevation

About This Home

As of January 2024

Off-market sale. 2-story brick Duplex, with tenant currently occupying on side. Attached 1-car garage on each unit. Very close proximity to Downtown Morganton. Each unit is 2BD/1.5BA with 1152 sq ft.

Last Agent to Sell the Property

Non Member

Canopy Administration Brokerage Email: noreply@canopyrealtors.com Listed on: 12/04/2023

Last Buyer's Agent

Rusty Davis

Rus/D Real Estate License #292254

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1989

Lot Details

  • 8,276

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,304 Sq Ft Home
  • Property has 2 Levels
  • Wired For Data
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Hillcrest Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, water
  • The owner pays for management
  • Assessor Parcel Number 2703474844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,755

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 1989
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: noreply@canopyrealtors.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Laminate
  • Sq Ft Unheated Basement: 0
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Owner Pays: Management
  • Above Grade Finished Sq Ft: 2304
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2304
  • Building Stories: 2
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered, Front Porch, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 2703474844
  • Zoning: LID
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Water
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Hillcrest
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 10, 2024
Sold by
Fiolke Llc
Bought by
Price Henderson Hallie and Martinez Amaro Paola
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Rusty Davis
Rus/D Real Estate
List Price
$425,000
Sold Price
$425,000
Views
9
Current Estimated Value
$487,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,355
Avg. Annual Appreciation
8.59%
Original Mortgage
$14,875
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2022
Sold by
Mccann Mark S
Bought by
Flolke Llc

Purchase Details

Listed on
Dec 16, 2021
Closed on
Mar 1, 2022
Sold by
Gary Hensley Richard and Smith Tonya
Bought by
Mccann Mark S
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Rusty Davis
Rus/D Real Estate
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
May 3, 2019
Sold by
Mccann Mark S
Bought by
Hensley Richard Gary

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 1, 2016
Sold by
Achilles Karen S
Bought by
Mccann Mark S
Seller's Agent
Lee Fox
Broadpoint Real Estate Group
Buyer's Agent
Lee Fox
Broadpoint Real Estate Group
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Achilles Karen S and Schwengel Karen Lee
Bought by
Achilles Karen S and The Karen S Achilles Revocable Living Tr
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
Price Henderson Hallie $425,000 None Listed On Document
Flolke Llc -- Hodges Robert E
Mccann Mark S $580 None Listed On Document
Hensley Richard Gary $210,000 None Available
Mccann Mark S $138,000 Attorney
Achilles Karen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Price Henderson Hallie $14,875
Open Price Henderson Hallie $417,302
Previous Owner Schwengel Karen S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $425,000 0.0% $184 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $425,000 +46.6% $184 / Sq Ft
03/01/2022 03/01/22 Sold $290,000 0.0% $126 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $290,000 +107.1% $126 / Sq Ft
10/31/2016 10/31/16 Sold $140,000 0.0% $61 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $140,000 -- $61 / 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 $1,755 $280,242 $16,128 $264,114
2023 $1,745 $280,242 $16,128 $264,114
2022 $1,273 $159,496 $8,000 $151,496
2021 $1,261 $159,496 $8,000 $151,496
2020 $1,253 $159,496 $8,000 $151,496
2019 $1,058 $131,527 $8,000 $123,527
2018 $1,152 $144,994 $8,000 $136,994
2017 $1,148 $144,994 $8,000 $136,994
2016 $1,116 $144,994 $8,000 $136,994
2015 $1,110 $144,994 $8,000 $136,994
2014 $1,107 $144,994 $8,000 $136,994
2013 $1,107 $144,994 $8,000 $136,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4101766

Canopy MLS (Canopy Realtor® Association)

APN: 85