NOT LISTED FOR SALE

4098 Nc 126 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $178,000 - $251,000

2 Beds
1 Bath
912 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $83,000 $91 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,180/month

95 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • 1-Story Property
  • Wood Flooring
  • Breakfast Bar
  • Level Lot

About This Home

As of March 2016

Adorable remodeled bungalow close to Lake James. Ideal getaway spot or full time living. Large 3.26 acre parcel allows room to play and grow. Updated in 2008 with vinyl siding, refinished hardwood floors, wood interior trim, updated plumbing and electrical and updated kitchen and baths. Laundry and storage on rear enclosed porch. Covered front porch, two car carport and gazebo in rear yard. Level acreage and just minutes to Lake James public access.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 11/10/2015

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 11/10/2015

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 448x365x177x555
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1765002282

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

3.26 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.83083
  • Ratio Close Price By Original Li: 0.75523
  • Ratio Current Price By Acre: 25460.12
  • Ratio Current Price By Sq Ft: 91.01
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Exhaust Hood, Refrigerator
  • Flooring: Laminate Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Window Treatments
  • Laundry Location: Main, Porch
  • Room Count: 1
  • Main Level Sq Ft: 912
  • Total Sq Ft: 912
  • Sq Ft Unheated Main: 84
  • Sq Ft Unheated Total: 84

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

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

Lot Info

  • Lot Dimension: 448x365x177x555
  • Lot Features: Level, Winter View, Wooded
  • Parcel Number: 1765002282
  • Plat Book Slide: 23/175
  • Zoning: Residential
  • Zoning Specification: RMU

Tax Info

  • Tax Value: 70498.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
State Employees Credit Union
Bought by
Secu Re Inc
Current Estimated Value
$211,724

Purchase Details

Closed on
Oct 1, 2018
Sold by
Smith Chad Ashley
Bought by
State Of Employees Credit Union

Purchase Details

Listed on
Nov 10, 2015
Closed on
Mar 18, 2016
Sold by
Armelie Michael S and Armelie Amy Vanecko
Bought by
Smith Chad Ashley
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$109,900
Sold Price
$83,000
Premium/Discount to List
-$26,900
-24.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$83,700
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Benfield Minnie B
Bought by
Armelie Michael S and Vanecko Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Secu Re Inc $58,000 None Available
State Of Employees Credit Union $90,155 None Available
Smith Chad Ashley $83,000 Attorney
Armelie Michael S $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Chad Ashley $83,700
Previous Owner Armelie Michael S $91,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $83,000 -24.5% $91 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $109,900 -- $121 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,110 $160,379 $43,092 $117,287
2024 $1,114 $160,379 $43,092 $117,287
2023 $1,112 $160,023 $42,736 $117,287
2022 $795 $91,993 $22,789 $69,204
2021 $789 $91,993 $22,789 $69,204
2020 $785 $91,993 $22,789 $69,204
2019 $734 $85,422 $22,789 $62,633
2018 $619 $70,595 $23,500 $47,095
2017 $617 $70,595 $23,500 $47,095
2016 $602 $70,595 $23,500 $47,095
2015 $599 $70,595 $23,500 $47,095
Source: Public Records

Agents Affiliated with this Home

  • Polly Leadbetter

    Seller's Agent in 2016

    Polly Leadbetter

    Engel & Volkers Foothills Lake James

    (828) 443-5407

    106 in this area

    214 Total Sales

    Polly Leadbetter
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3129336

Canopy MLS (Canopy Realtor® Association)

APN: 24340

North Carolina Burke County Morganton 28655 Lake James

4098 Nc 126, Morganton, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) 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

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