NOT LISTED FOR SALE

501 Alexander Ave Morganton, NC 28655

Estimated Value: $434,000 - $485,000

3 Beds
2.5 Baths
2,120 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $381,000 $180 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,563/month

44 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Corner Lot
  • Deck
  • Wood Flooring
  • Walk-In Closet

About This Home

As of June 2022

Find your next home here with 3 bedrooms, 2 full baths, 1 half bath and 2120 heated square feet. Enter the front door into a spacious living room and office/den with fireplaces. Continue through the open doorways into the dining area and then from there either circle back into the living room, go up stairs to the bedrooms or enter the cozy kitchen with large laundry/mud/utility to the side entrance of the home. Refinished hardwoods, new metal roof and gutters, remodeled primary en-suite with a large bathroom are a few of the upgrades that await your viewing. This head-turning classic colonial is in a desirable location near the Catawba Meadows Park and being situated nicely on a large .77 acre lot, has great outdoor living spaces on the front and rear of the home. Don't wait or you'll miss this one!

Last Agent to Sell the Property

Allen Curtis

C Shane Cook & Associates License #287846 Listed on: 04/26/2022

Last Buyer's Agent

Annie Lewis

Realty ONE Group Pivot Asheville License #320281

Realty ONE Group Pivot Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1941

Lot Details

  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned LID, Morganto

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Central Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1794918543

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1941
  • Ratio Current Price By Acre: 494805.19
  • Restrictions: No Restrictions
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1140
  • 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: 980
  • Porch: Back,Covered,Deck,Front
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room, Gas Log, Living Room, Gas
  • Living Area: 2120
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Wired Internet Available
  • New Construction: No
  • Roof: Metal
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room, Mud Room, Utility Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Hoa Subject To Dues: No
  • Complex Name: None

Schools

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

Lot Info

  • Lot Features: Corner Lot, Paved, Wooded, Wooded
  • Lot Size Area: 0.77
  • Lot Size Units: Acres
  • Parcel Number: 1794918543
  • Zoning Description: Morganto

Tax Info

  • RATIO List Price By Tax Amount: 2.26206

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 1, 2022
Sold by
James and Madelyn
Bought by
Murphy Daniel Marquie and Gibson Heather
Seller's Agent
Allen Curtis
C Shane Cook & Associates
Buyer's Agent
Annie Lewis
Realty ONE Group Pivot Asheville
List Price
$379,900
Sold Price
$381,000
Premium/Discount to List
$1,100
0.29%
Current Estimated Value
$449,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,362
Avg. Annual Appreciation
5.05%
Original Mortgage
$342,900
Outstanding Balance
$325,783
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$123,579

Purchase Details

Closed on
Sep 2, 2005
Sold by
Bugg Carl R and Bugg Charlyne
Bought by
Bell Walter W and Bell Alexandrea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Murphy Daniel Marquie $375,000 Katherine D Van Marter Pllc
Bell Walter W $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Daniel Marquie $342,900
Previous Owner Bell Walter W $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $381,000 +0.3% $180 / Sq Ft
04/26/2022 04/26/22 For Sale $379,900 +130.4% $179 / Sq Ft
03/05/2018 03/05/18 Sold $164,900 0.0% $77 / Sq Ft View Prior Sale
01/12/2018 01/12/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $164,900 -- $77 / 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 $2,143 $368,679 $31,677 $337,002
2024 $2,158 $368,679 $31,677 $337,002
2023 $2,153 $368,679 $31,677 $337,002
2022 $1,249 $167,944 $27,298 $140,646
2021 $1,243 $167,944 $27,298 $140,646
2020 $1,239 $167,944 $27,298 $140,646
2019 $1,239 $167,944 $27,298 $140,646
2018 $1,090 $146,539 $27,298 $119,241
2017 $1,088 $146,539 $27,298 $119,241
2016 $1,061 $146,539 $27,298 $119,241
2015 $1,058 $146,539 $27,298 $119,241
2014 $1,059 $146,758 $27,298 $119,460
2013 $1,059 $146,758 $27,298 $119,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3853073

Canopy MLS (Canopy Realtor® Association)

APN: 11254