NOT LISTED FOR SALE

407 2nd St Morganton, NC 28655

Estimated Value: $127,000 - $178,000

3 Beds
1 Bath
986 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $86,000 $87 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $858/month

22 Days on Market

About This Home

As of May 2019

3 bedroom, 1 bath home just minutes from downtown. Perfect starter home with convenient access to all of the amenities that downtown Morganton has to offer. 1 year home warranty provided!

Last Agent to Sell the Property

Nicholas Newton

Coldwell Banker Newton RE License #289536 Listed on: 03/06/2019

Coldwell Banker Newton RE

Last Buyer's Agent

Kevin Castro

RE/MAX Prestige Legacy License #297026

RE/MAX Prestige Legacy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.37

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 2703081652

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.95662
  • Ratio Close Price By Original Li: 0.95662
  • Ratio Current Price By Acre: 232432.43
  • Ratio Current Price By Sq Ft: 87.22
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Exhaust Hood, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 986
  • Total Sq Ft: 986
  • Sq Ft Unheated Basement: 986
  • Sq Ft Unheated Total: 986

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 2703081652
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 79801.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 6, 2019
Sold by
Bennick Jeffrey Todd
Bought by
Lagrimas Mayonadolopes Jr Derek
Seller's Agent
Nicholas Newton
Coldwell Banker Newton RE
Buyer's Agent
Kevin Castro
RE/MAX Prestige Legacy
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%
Current Estimated Value
$154,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,287
Avg. Annual Appreciation
9.19%
Original Mortgage
$87,500
Outstanding Balance
$77,936
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$76,351

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 1, 2019
Sold by
Newton Timothy W and Newton Debbie H
Bought by
Bennick Jeffrey Todd and Jeffrey Todd Bennick Trust
Seller's Agent
Nicholas Newton
Coldwell Banker Newton RE
Buyer's Agent
Kevin Castro
RE/MAX Prestige Legacy
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$77,936
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$76,351

Purchase Details

Closed on
Jan 10, 2013
Sold by
Bennick Jeffrey Todd and Bennick Carrie Castle
Bought by
Bennick Jeffrey Todd and Jeffrey Todd Bennick Trust

Purchase Details

Closed on
Feb 4, 2010
Sold by
Bennick Todd and Bennick Carrie
Bought by
Bennick Todd and Bennick Carrie

Purchase Details

Closed on
Jul 1, 2009
Sold by
Branch Banking & Trust Company
Bought by
Bennick Todd
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lagrimas Mayonadolopes Jr Derek $86,000 None Available
Bennick Jeffrey Todd -- None Available
Bennick Jeffrey Todd -- None Available
Bennick Todd -- None Available
Bennick Todd $31,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagrimas Mayonadolopes Jr Derek $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $86,000 -4.3% $87 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $89,900 -- $91 / 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 $597 $90,037 $14,800 $75,237
2024 $597 $90,037 $14,800 $75,237
2023 $592 $90,037 $14,800 $75,237
2022 $590 $73,156 $14,800 $58,356
2021 $584 $73,156 $14,800 $58,356
2020 $580 $73,156 $14,800 $58,356
2019 $579 $72,885 $14,800 $58,085
2018 $627 $79,801 $22,200 $57,601
2017 $625 $79,801 $22,200 $57,601
2016 $608 $79,801 $22,200 $57,601
2015 $605 $79,801 $22,200 $57,601
2014 $603 $79,801 $22,200 $57,601
2013 $603 $79,801 $22,200 $57,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3481408

Canopy MLS (Canopy Realtor® Association)

APN: 31445