NOT LISTED FOR SALE

404 Summers Rd Morganton, NC 28655

Estimated Value: $227,000 - $328,934

3 Beds
2 Baths
1,448 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $149,900 $104 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,656/month

14 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Tile Flooring
  • Drexel Elementary School Rated 9+
  • Shed

About This Home

As of April 2018

Huge Price Reduction!! You'll love living in this Brick Ranch with full basement situated on 3.36 acres, with finished lower level. Home features on the main level the living room, family room with a wood burning fireplace, kitchen, main bath, master bedroom with master bath, and two additional bedrooms. The lower level features the bonus room with a wood burning fireplace, but can not be counted because the ceiling only measures 6'9" Convenient to I-40 (Exit 107), Morganton or Hickory. MUST SEE!!

Last Agent to Sell the Property

Matt Crotts

Nest Realty Morganton License #296868 Listed on: 03/08/2018

Nest Realty Morganton

Last Buyer's Agent

Jennifer Deacon

Edge Real Estate Services License #284615

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 3.36

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Bonus Room with Fireplace

Flooring

  • Tile
  • Vinyl

Additional Features

  • Shed
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 2713745038

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.93746
  • Ratio Current Price By Acre: 44613.10
  • Ratio Current Price By Sq Ft: 103.52
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Bonus Room, FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1448
  • Total Sq Ft: 1448
  • Sq Ft Unheated Basement: 1448

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Utilities

  • Heating: Central Air, Heat Pump - Heat, Oil Hot Air
  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 3.360
  • Parcel Number: 2713745038
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 135171.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 24, 2018
Sold by
Boughaman Arvis Bennett and Boughaman Kimberly
Bought by
Smith Randy C
Seller's Agent
Matt Crotts
Nest Realty Morganton
Buyer's Agent
Jennifer Deacon
Edge Real Estate Services
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$284,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,834
Avg. Annual Appreciation
8.87%
Original Mortgage
$147,181
Interest Rate
4.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2010
Sold by
Boughman Charles Ivey
Bought by
Boughman Arvis Bennett
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
Smith Randy C $150,000 None Available
Boughman Arvis Bennett -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Randy C $146,644
Closed Smith Randy C $147,181
Previous Owner Boughman Arvis Bennett $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $149,900 -6.3% $104 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $159,900 -- $110 / 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 $1,285 $181,348 $33,418 $147,930
2023 $1,285 $181,348 $33,418 $147,930
2022 $1,273 $154,047 $33,418 $120,629
2021 $1,267 $154,047 $33,418 $120,629
2020 $1,263 $154,047 $33,418 $120,629
2019 $1,263 $154,047 $33,418 $120,629
2018 $1,199 $145,763 $33,418 $112,345
2017 $1,115 $135,171 $33,418 $101,753
2016 $1,090 $135,171 $33,418 $101,753
2015 $1,087 $135,171 $33,418 $101,753
2014 $1,085 $135,171 $33,418 $101,753
2013 $1,085 $135,171 $33,418 $101,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3367761

Canopy MLS (Canopy Realtor® Association)

APN: 17247