NOT LISTED FOR SALE

50 Morgan Branch Rd Leicester, NC 28748

Estimated Value: $379,000 - $411,000

3 Beds
2 Baths
1,154 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $360,000 $312 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,163/month

8 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Breakfast Bar
  • Private Lot
  • Attached Garage
  • Laundry Room

About This Home

As of June 2023

If you've been looking for a Mountain Cabin to call your own this is it! Situated on a beautiful parcel in a gorgeous valley close to all that WNC has to offer, this property is just waiting for you to make it your own. It definitely retains it's vintage charm! Make it your full or part time residence - No rental restrictions! Often cabins are tucked away up a dirt road with challenging access but not this one. Peaceful, private and priced right! Call us today for your personal showing. Prequal req. to show.
There is additional acreage available but house must sell/close first. Buyer of house to have right of first refusal.

Showings begin Friday, 5/26th - Monday 5/29th from 12:00pm - 6:00pm. Offer deadline on Tuesday 5/30 by 3pm.
Per seller - House is on .88 acre

Last Agent to Sell the Property

Jason Brodsky

EXP Realty LLC License #254007 Listed on: 05/22/2023

EXP Realty LLC

Co-Listed By

Valerie Ehlinger

EXP Realty LLC License #318843

Last Buyer's Agent

Joshua Gonyeau

Jason Mitchell Real Estate License #303886

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned OU

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage

Outdoor Features

  • Deck

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8699-05-3606-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,126

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1988
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 311.96
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Concrete, Linoleum
  • Interior Amenities: Breakfast Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 708
  • 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: 446
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1154
  • Has Basement: Basement Garage Door
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1154
  • Bedroom Main: 1
  • Room Count: 6
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Year Round
  • Waterfront Features: None
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Baseboard, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ductless, None
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Rolling Slope, Sloped, Wooded, Views
  • Lot Size Area: 0.82
  • Lot Size Units: Acres
  • Parcel Number: 8699-05-3606-00000
  • Zoning: OU
  • Development Status: Completed
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $360,000 +10.8% $312 / Sq Ft
05/22/2023 05/22/23 For Sale $325,000 -- $282 / 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 $1,126 $171,200 $16,300 $154,900
2024 $1,126 $171,200 $31,300 $139,900
2023 $1,126 $171,200 $31,300 $139,900
2022 $1,796 $285,800 $0 $0
2021 $1,796 $285,800 $0 $0
2020 $1,552 $231,500 $0 $0
2019 $1,552 $231,500 $0 $0
2018 $1,549 $231,500 $0 $0
2017 $1,572 $233,100 $0 $0
2016 $1,734 $233,100 $0 $0
2015 $1,734 $233,100 $0 $0
2014 $1,664 $233,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4032479

Canopy MLS (Canopy Realtor® Association)

APN: 8689-95-9844-00000