NOT LISTED FOR SALE

404 Shady Rest Rd Morganton, NC 28655

Estimated Value: $190,000 - $202,377

2 Beds
1 Bath
1,344 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $180,000 $134 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,105/month

52 Days on Market

Highlights

  • Detached Garage
  • Laundry Room
  • 1-Story Property
  • Robert L. Patton High School Rated A-
  • Bungalow
  • Central Air

About This Home

As of February 2024

Wonderful investment property in Morganton. Tenant are currently in place and are long-term tenants. A great opportunity to live in one Home. Lots of possibilities make your appointment today!

Last Agent to Sell the Property

Debbie Wilson

Berkshire Hathaway HomeServices Blue Ridge REALTORS® Brokerage Email: debbiewilsonrealestate@yahoo.com License #148316 Listed on: 12/21/2023

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Debbie Wilson

Berkshire Hathaway HomeServices Blue Ridge REALTORS® Brokerage Email: debbiewilsonrealestate@yahoo.com License #148316 Listed on: 12/21/2023

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1950

Lot Details

  • Property is zoned Morg, MID

Parking

  • Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Electric Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Forest Hill Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2703803161

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1950
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 133.93
  • Geocode Confidence: High
  • Attribution Contact: debbiewilsonrealestate@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 768
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 192
  • Sq Ft Unheated Total: 192
  • Sq Ft Upper: 0
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 768
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 576
  • Living Area: 1344
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Parcel Number: 2703803161
  • Zoning: MID
  • Plat Book Slide: 1-22
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Morg

MLS Schools

  • Elementary School: Forest Hill
  • High School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 29, 2024
Sold by
Fox William Nixon
Bought by
Griner Robert Samuel and Griner Judy Lynne
Seller's Agent
Debbie Wilson
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Debbie Wilson
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$324,900
Sold Price
$180,000
Premium/Discount to List
-$144,900
-44.6%
Views
92
Current Estimated Value
$198,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,094
Avg. Annual Appreciation
6.05%
Original Mortgage
$174,600
Outstanding Balance
$171,679
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$26,415
Source: Public Records

Range of Values:

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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
Griner Robert Samuel $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griner Robert Samuel $174,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $180,000 0.0% $134 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/08/2024 02/08/24 Off Market $180,000 -- --
12/21/2023 12/21/23 For Sale $324,900 -- $242 / 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 $648 $99,232 $17,685 $81,547
2024 $651 $99,232 $17,685 $81,547
2023 $646 $99,573 $17,685 $81,888
2022 $558 $68,553 $13,500 $55,053
2021 $552 $68,553 $13,500 $55,053
2020 $548 $68,553 $13,500 $55,053
2019 $548 $68,553 $13,500 $55,053
2018 $523 $64,901 $13,500 $51,401
2017 $521 $64,901 $13,500 $51,401
2016 $506 $64,901 $13,500 $51,401
2015 $503 $64,901 $13,500 $51,401
2014 $502 $64,901 $13,500 $51,401
2013 $502 $64,901 $13,500 $51,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4095836

Canopy MLS (Canopy Realtor® Association)

APN: 4121