NOT LISTED FOR SALE

502 Park Ave Morganton, NC 28655

Estimated Value: $148,000 - $187,000

3 Beds
2 Baths
1,198 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $135,000 $113 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $941/month

29 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Detached Garage
  • Drexel Elementary School Rated 9+
  • Wrap Around Porch
  • Fireplace

About This Home

As of February 2021

Great starter home, recently updated kitchen cabinets, counter top, flooring, appliances, electrical and pluming. All rooms have been painted and new carpet. Fenced back yard. Garage, utility shed and carport. Beautiful covered porch to sit and enjoy the mountain view or summer nights. Bring your fire pit and enjoy the cozy back yard. Where else can you go and have all this and not to mention 2 bathrooms!

Last Agent to Sell the Property

Kathleen Klemm

Kathy Klemm Realty, LLC Brokerage Email: kathy@yanceyrealty.com License #307873 Listed on: 11/13/2020

Last Buyer's Agent

Annette Abernathy

Realty Executives of Hickory License #266422

Realty Executives of Hickory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $862

Year Built

  • Built in 1929

Lot Details

  • 7,840 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R-8

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Linoleum Flooring
  • Mountain Views
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Detached Carport Space

Outdoor Features

  • Wrap Around Porch
  • Shed
  • Outbuilding

Schools

  • Valdese Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2723682997

Home Details

Home Type

Single Family

Est. Annual Taxes

$862

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1929
  • Restrictions: No Restrictions
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 112.69
  • Attribution Contact: kathy@yanceyrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Attic Other
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1198
  • 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: 0
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1198
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1198
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Mountain(s)
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Satellite Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Paved
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 2723682997
  • Lot Size Acres: 0.18
  • Lot Size: Per Tax Records
  • Lot Size Sq Ft: 7840
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Valdese
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Mar 30, 2021
Sold by
Williams R Corey R and Williams Michele R
Bought by
Eaker Georgia Eason
Seller's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
Buyer's Agent
Annette Abernathy
Realty Executives of Hickory
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$163,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,192
Avg. Annual Appreciation
4.22%
Original Mortgage
$75,985
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Nov 13, 2020
Closed on
Feb 8, 2021
Sold by
Eaker Georgia E
Bought by
Chambers Christopher E and Staffdrd Tessa S
Seller's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
Buyer's Agent
Annette Abernathy
Realty Executives of Hickory
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,985
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 3, 2019
Sold by
Gobble Julia and Gobble Julia Michelle
Bought by
Eaker Georgia E
Seller's Agent
Brandy Moose
Southern Charm Realty of the Foothills, LLC
Buyer's Agent
Kathleen Klemm
Kathy Klemm Realty, LLC
List Price
$90,000
Sold Price
$82,500
Premium/Discount to List
-$7,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.78%
Original Mortgage
$68,950
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2017
Closed on
Feb 14, 2018
Sold by
Gardner Jane B
Bought by
Gobble Julia and Gobble Julie Mechelle
Seller's Agent
Saralyn Maiella
Huffman Realty Group, LLC
Buyer's Agent
James Sparks
A-1 Mountain Realty
List Price
$67,900
Sold Price
$52,000
Premium/Discount to List
-$15,900
-23.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.72%
Original Mortgage
$53,500
Interest Rate
3.26%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Eaker Georgia Eason -- None Available
Chambers Christopher E $135,000 None Available
Chambers Christopher E $270 Wilson Mike
Eaker Georgia E $81,000 None Available
Gobble Julia $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaker Georgia Eason $75,000
Previous Owner Eaker Georgia Eason $75,985
Previous Owner Chambers Christopher E $137,000
Previous Owner Eaker Georgia E $68,950
Previous Owner Gobble Julia $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $135,000 -3.6% $113 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $140,000 +69.7% $117 / Sq Ft
07/03/2019 07/03/19 Sold $82,500 -5.7% $69 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $87,500 -2.8% $73 / Sq Ft
04/29/2019 04/29/19 For Sale $90,000 0.0% $75 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $90,000 +73.1% $75 / Sq Ft
02/16/2018 02/16/18 Sold $52,000 -23.4% $43 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
04/29/2017 04/29/17 For Sale $67,900 -- $57 / 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 $862 $137,250 $9,450 $127,800
2023 $857 $137,250 $9,450 $127,800
2022 $648 $81,395 $8,100 $73,295
2021 $493 $60,028 $8,100 $51,928
2020 $257 $60,028 $8,100 $51,928
2019 $493 $60,602 $8,100 $52,502
2018 $521 $64,645 $8,100 $56,545
2017 $276 $64,645 $8,100 $56,545
2016 $269 $64,645 $8,100 $56,545
2015 $267 $64,645 $8,100 $56,545
2014 $266 $64,645 $8,100 $56,545
2013 $266 $64,645 $8,100 $56,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3682279

Canopy MLS (Canopy Realtor® Association)

APN: 22450