NOT LISTED FOR SALE

422 Alexander Ave Morganton, NC 28655

Estimated Value: $445,000 - $494,155

4 Beds
4 Baths
3,691 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 21, 2022

Last sale price $350,000 $95 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,705/month

5 Days on Market

About This Home

As of February 2022

Must see this "stately" 2 story traditional brick home with partial basement on large 1.07 acre lot within walking distance to downtown Morganton. Home features lots of hardwood floors, plenty of entertaining space for large family or large get togethers. Spacious family room w/Fireplace on main floor plus cozy den or reading room w/tucked away office space just off entrance. Galley kitchen w/double oven and large dining room overlooking rear of home. Upstairs boast 4 ample size bedrooms w/oversized primary bedroom with own fireplace and built in cabinets. Basement area includes 5th bedroom w/full bath and sitting area which could be in law quarters or kids getaway. This home is truly has too much to mention and is a must see to appreciate.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 12/29/2021

Coldwell Banker Newton RE

Last Buyer's Agent

Sandra Powell

RE/MAX Southern Lifestyles License #133924

RE/MAX Southern Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,076

Year Built

  • 1946

Lot Details

  • 1.07

Additional Features

  • Property is zoned LID
  • Patio
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,076

Year Built

1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Directions: From downtown, north on Avery ave then left onto Tate st then left onto Alexander ave, see home on right
  • Lot Size: irreg
  • New Construction: No
  • Road Surface Type: Asphalt, Circular
  • Structure Type: Two Story/Basement
  • Subdivision Name: none
  • Ratio Current Price By Acre: 327102.80
  • Restrictions: Use
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Double Oven, Microwave, Refrigerator
  • Fireplace Features: Family Room, Primary Bedroom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 495
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Walk-In Closet(s)
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 0
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1682
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1514
  • Porch: Covered,Patio
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Outbuilding(s)
  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Construction Type: Brick
  • Lot Features: Long Range View, Paved
  • Tax Location: Morganton
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Driveway
  • Main Level Garage YN: 0
  • Sq Ft Garage: 0

Utilities

  • Heating: Gas Hot Air Furnace
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Elementary School: Mountain View
  • High School: Freedom
  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Zoning Description: Morg

Tax Info

  • RATIO List Price By Tax Amount: 1.04493

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 16, 2022
Sold by
Fleming Babette E
Bought by
Andrews Charles Richard and Andrews Karen Selley
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Sandra Powell
RE/MAX Southern Lifestyles
List Price
$309,900
Sold Price
$350,000
Premium/Discount to List
$40,100
12.94%
Current Estimated Value
$477,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,039
Avg. Annual Appreciation
8.85%
Original Mortgage
$315,000
Outstanding Balance
$292,501
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$184,538
Source: Public Records

Range of Values:

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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
Andrews Charles Richard $700 Ayers James R
Andrews Charles Richard $700 Ayers James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Charles Richard $315,000
Closed Andrews Charles Richard $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2022 02/21/22 Sold $350,000 +12.9% $95 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $309,900 -- $84 / 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 $2,076 $356,597 $34,654 $321,943
2024 $2,090 $356,597 $34,654 $321,943
2023 $2,085 $356,597 $34,654 $321,943
2022 $2,143 $296,576 $34,654 $261,922
2021 $2,137 $296,576 $34,654 $261,922
2020 $2,133 $296,576 $34,654 $261,922
2019 $2,133 $296,576 $34,654 $261,922
2018 $1,950 $270,153 $34,654 $235,499
2017 $1,948 $270,153 $34,654 $235,499
2016 $1,902 $270,153 $34,654 $235,499
2015 $1,899 $270,153 $34,654 $235,499
2014 $1,898 $270,153 $34,654 $235,499
2013 $1,898 $270,153 $34,654 $235,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3816548

Canopy MLS (Canopy Realtor® Association)

APN: 6500