$595,000
SOLD NOV 6, 2024
84 Acres
$7,083 Price per Acre
3,659,040 Sq Ft Lot

Recently Sold

$589 Per Sq Ft

4% Below List Price

7 Days on Market

About This Lot

As of November 2024

Beautiful property with possibilities! The sale includes 2 adjoining tracts totaling 84.44 acres. The first is a 36-acre
tract that is at the end of Dairy Avenue. The second tract is 48.44 acres, and can be accessed with 670 feet along Gwaltney Road The 2nd tract is in the present use farming program with Burke County. Both are zoned R-1 and will allow single-family homes as well as modular. No manufactured homes.. There's also a scenic overlay due to the proximity to Lake James. The scenic overlay takes into consideration the aesthetic, environmental and economic concerns of the home being built. Per the City of Morganton, there is a 6" waterline that runs along Gwaltney Rd. to the creek, along the front of the 48.44-acre tract. Capacity for a subdivision could be an issue and would need to be checked depending on the number of homes being built. Both properties are partially in a flood zone due to Canoe Creek. Property has been leased in the past for tree nursery and cattle.

Last Agent to Sell the Property

Laura Mulwee

Berkshire Hathaway HomeServices Blue Ridge REALTORS® Brokerage Email: lemulwee@bellsouth.net License #240738 Listed on: 07/11/2024

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Emily Layton

Weaverville Realty License #235626

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $801

Lot Details

  • Possible uses of the property include Agricultural, Farm, Residential, Tree Farm/Timber
  • Property is zoned Burke Co

Outdoor Features

  • Access to stream, creek or river

Schools

  • Oak Hill Elementary School
  • Table Rock Middle School
  • Freedom High School

Listing and Financial Details

  • Assessor Parcel Number 1765864083 & 1765965598

Property Details

Property Type

Land

Est. Annual Taxes

$801

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: lemulwee@bellsouth.net
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Farm, Residential, Tree Farm/Timber

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: None
  • Water Source: Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek/Stream
  • Lot Size Area: 84
  • Lot Size Units: Acres
  • Parcel Number: 1765864083 & 1765965598
  • Zoning: R-1
  • Additional Parcels Description: Sale includes 2 parcels totaling 84.44 acres
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke Co

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 30, 2024
Sold by
Paschall Dorothy O
Bought by
Winkler Marcus Roger and Winkler Heather Nicole
Seller's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Emily Layton
Weaverville Realty
List Price
$620,000
Sold Price
$595,000
Premium/Discount to List
-$25,000
-4.03%
Views
4
Current Estimated Value
$578,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,000
Original Mortgage
$505,750
Outstanding Balance
$500,273
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Paschall J Marvin
Bought by
Paschall J Marvin and Paschall Dorothy O
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $595,000 -4.0% $589 / Sq Ft
07/11/2024 07/11/24 For Sale $620,000 -- $613 / 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 $801 $125,203 $125,203 $0
2023 $801 $125,203 $125,203 $0
2022 $811 $103,339 $103,339 $0
2021 $811 $103,339 $103,339 $0
2020 $795 $103,339 $103,339 $0
2019 $811 $103,339 $103,339 $0
2018 $772 $98,338 $98,338 $0
2017 $772 $98,338 $98,338 $0
2016 $757 $98,338 $98,338 $0
2015 $757 $98,338 $98,338 $0
2014 $757 $98,338 $98,338 $0
2013 $760 $100,027 $98,338 $1,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4160126

Canopy MLS (Canopy Realtor® Association)

APN: 24926