NOT LISTED FOR SALE

500 Riverside Dr Morganton, NC 28655

Estimated Value: $400,376 - $525,000

3 Beds
2 Baths
2,134 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $320,000 $150 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,573/month

127 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Workshop
  • Robert L. Patton High School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of April 2021

Beautifully maintained 3 Bedroom, 2 Bath home in the popular Riverside neighborhood. Great Room with fireplace, Dining Room, Sun Room, Kitchen with granite counter tops & breakfast area, Patio, double Garage & full basement. Both interior & exterior painted in 2018 and a new roof installed in 2019. New gutters in 2018. Patio & retaining wall built in 2017. Updates in the bathrooms. Windows on main level have been replaced. Water mitigation was completed in 2017 & included regrading front & back yard plus the addition of extra drains. In the basement there is a exercise room, laundry, workshop, storage & large area perfect for a rec room. The basement opens into the backyard. An invisible dog fence stays with the house plus there is a security system - it just needs activating. All in all, this is a great house with lots of space & many updates.

Last Agent to Sell the Property

Huntie Jokinen

Berkshire Hathaway HomeServices Blue Ridge REALTORS® Brokerage Email: huntie.jokinen@carolinaproperty.com License #210530 Listed on: 09/16/2020

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Lee Fox

Broadpoint Real Estate Group License #177710

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 41.8 x 160 x 75 x 169
  • Wooded Lot
  • Property is zoned LID, NC-O

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Great Room with Fireplace

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Patio

Schools

  • Forest Hill Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3776

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1955
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 149.95
  • Attribution Contact: huntie.jokinen@carolinaproperty.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Attic Other, Built-in Features, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2134
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1954
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1954
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2134
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room, Wood Burning
  • Living Area: 2134
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: Light fixture & wall sconces in Nursery. Four light fixtures in workshop plus workshop table. Ring Devices ..see agent remarks.
  • Construction Type: Wood
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Laundry Room
  • Security: Security System
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 3776
  • Zoning: NC-O
  • Lot Size Acres: 0.42
  • Lot Size: 100 x 41.8 x 160 x 75 x 169
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Apr 15, 2021
Sold by
Engstrom Eric G and Engstrom Frances F
Bought by
Alexander Mark Major and Alexander Audra Castles
Seller's Agent
Huntie Jokinen
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Lee Fox
Broadpoint Real Estate Group
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$460,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,844
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Jan 4, 2014
Closed on
May 15, 2014
Sold by
Smith Ronald and Smith Melissa
Bought by
Fulenwider Frances Joella
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$172,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Cheves Martha C and Cheves Joseph Carter
Bought by
Smith Ronald and Smith Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Alexander Mark Major $320,000 None Available
Fulenwider Frances Joella $215,000 None Available
Smith Ronald $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fulenwider Frances Joella $172,000
Previous Owner Smith Ronald $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $320,000 -5.9% $150 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
10/01/2020 10/01/20 Price Changed $339,900 -2.9% $159 / Sq Ft
09/16/2020 09/16/20 For Sale $349,900 +62.7% $164 / Sq Ft
05/16/2014 05/16/14 Sold $215,000 0.0% $109 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $215,000 -- $109 / 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 $1,908 $326,291 $54,600 $271,691
2024 $1,920 $326,291 $54,600 $271,691
2023 $1,870 $318,147 $54,600 $263,547
2022 $1,875 $258,016 $54,600 $203,416
2021 $1,646 $225,930 $54,600 $171,330
2020 $1,642 $225,930 $54,600 $171,330
2019 $1,642 $225,930 $54,600 $171,330
2018 $1,563 $214,550 $54,600 $159,950
2017 $1,561 $214,550 $54,600 $159,950
2016 $1,524 $214,550 $54,600 $159,950
2015 $1,521 $214,550 $54,600 $159,950
2014 $1,520 $214,550 $54,600 $159,950
2013 $1,520 $214,550 $54,600 $159,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3662705

Canopy MLS (Canopy Realtor® Association)

APN: 3776