NOT LISTED FOR SALE

405 Mimosa Ave Morganton, NC 28655

Drexel Area

Estimated Value: $281,000 - $331,211

4 Beds
3 Baths
2,626 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2022

Last sale price $245,000 $93 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,765 / mo

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Front Porch
  • Heritage Middle School Rated A-
  • Whirlpool Bathtub
  • Built-In Features

About This Home

As of March 2022

Spacious brick home with 4 beds/3 baths with an in-law suite in basement. The main level offers a large living room with a wood-burning fireplace and an open concept kitchen/dining. All 3 bedrooms on the main are spacious with ample closet space. Find 2 full baths on the main with one having an updated custom tiled shower. Downstairs note the master bedroom with a private full bath, 3 closets, and another walk-in closet inside the bathroom. The downstairs was previously used as a second living area having a separate entry along with a living room and full eat-in kitchen. Enjoy tons of workshop and storage space in the unfinished area of the basement. This home has replacement windows, plumbing updates and seller believes the roof to be around 10 years old. Electric baseboard heat in basement and central heat/air on the main. Outside enjoy the huge covered back deck along with an up-covered area. This property consists of 2 parcels giving over an acre of land in town. Being sold as-is.

Last Agent to Sell the Property

Christie Leonard

WNC Real Estate at Lake James Listed on: 01/25/2022

Last Buyer's Agent

Angelia Peterson

Asheworth Group WNC Real Estate LLC License #286024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 240x100x267x100
  • Sloped Lot
  • Cleared Lot
  • Property is zoned R-12, R-12

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Front Porch

Schools

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

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2723798701, 2723797652

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.58 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1959
  • Ratio Current Price By Acre: 224770.64
  • Restrictions: Other - See Media/Remarks
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Tile
  • Interior Amenities: Basement Shop, Breakfast Bar, Built Ins, Cable Available, Walk-In Closet(s), Whirlpool, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1512
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 398
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 398
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck,Front,Patio
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Electric Range, Exhaust Fan, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1114
  • Fireplace Features: Wood Burning
  • Living Area: 2626
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Fiberglass
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Cleared, Sloped
  • Lot Size Units: Acres
  • Parcel Number: 2723798701, 2723797652
  • Lot Size: 240x100x267x100
  • Zoning Description: R-12

Tax Info

  • RATIO List Price By Tax Amount: 1.52186

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 9, 2022
Sold by
Bought by
Seller's Agent
Christie Leonard
WNC Real Estate at Lake James
Buyer's Agent
Angelia Peterson
Asheworth Group WNC Real Estate LLC
List Price
$224,900
Sold Price
$245,000
Premium/Discount to List
$20,100
8.94%
Current Estimated Value
$306,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,053
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jul 16, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morganton, NC

  • Kenneth Morrison Real Estate Agent - Horizon Realty Associates LLC

    Kenneth Morrison

    Responds Quickly

    Horizon Realty Associates LLC

    (828) 608-1485

    22 Total Sales

    1 in Drexel

    $229,000 Price

    Kenneth Morrison
     Section Image
  • Chris Curtis Real Estate Agent - Western Piedmont Real Estate, LLC

    Chris Curtis

    Western Piedmont Real Estate, LLC

    (828) 624-3491

    21 Total Sales

    1 in Drexel

    $216,000 Price

    Chris Curtis
     Section Image
  • Cindy Ledbetter Real Estate Agent - The Marion Agency LLC

    Cindy Ledbetter

    The Marion Agency LLC

    (828) 655-7461

    95 Total Sales

    1 in Drexel

    $222,000 Price

    Cindy Ledbetter
     Section Image
  • Cecilia Reel Real Estate Agent - Mountain Lake Realty

    Cecilia Reel

    Mountain Lake Realty

    (828) 655-7495

    116 Total Sales

    1 in Drexel

    $220,000 Price

    Cecilia Reel
     Section Image
  • Athena Cermak Real Estate Agent - Keller Williams Professionals

    Athena Cermak

    Responds Quickly

    Keller Williams Professionals

    (828) 672-3601

    135 Total Sales

    1 in Drexel

    $225,000 Price

    Athena Cermak
     Section Image
  • Crystal Honeycutt Real Estate Agent - Mountain Lake Realty

    Crystal Honeycutt

    Mountain Lake Realty

    (828) 655-7887

    116 Total Sales

    1 in Drexel

    $220,000 Price

    Crystal Honeycutt
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Listed On Document
-- None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $293,530
Closed $285,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $245,000 +8.9% $93 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $224,900 -- $86 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,691 $221,106 $22,570 $198,536
2024 $1,079 $221,106 $22,570 $198,536
2023 $1,074 $221,106 $22,570 $198,536
2022 $987 $130,197 $18,160 $112,037
2021 $981 $130,197 $18,160 $112,037
2020 $977 $130,197 $18,160 $112,037
2019 $977 $130,197 $18,160 $112,037
2018 $868 $114,463 $18,160 $96,303
2017 $866 $114,463 $18,160 $96,303
2016 $843 $114,463 $18,160 $96,303
2015 $840 $114,463 $18,160 $96,303
2014 $839 $114,463 $18,160 $96,303
2013 $839 $114,463 $18,160 $96,303
Source: Public Records

Agents Affiliated with this Home

  • Christie Leonard Real Estate Agent - WNC Real Estate at Lake James

    Seller's Agent in 2022

    Christie Leonard

    WNC Real Estate at Lake James

    (828) 544-5290

    388 Total Sales

    Christie Leonard
    Section Image
  • Angelia Peterson Real Estate Agent - Asheworth Group WNC Real Estate LLC

    Buyer's Agent in 2022

    Angelia Peterson

    Asheworth Group WNC Real Estate LLC

    (828) 575-3813

    241 Total Sales

    Angelia Peterson
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3773106

Canopy MLS

APN: 26794

North Carolina Burke County Morganton 28655

405 Mimosa Ave, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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