NOT LISTED FOR SALE

503 Timberline Dr Morganton, NC 28655

Estimated Value: $378,982 - $410,000

3 Beds
2.5 Baths
1,948 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $280,000 $144 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,277/month

25 Days on Market

About This Home

As of June 2021

Excellent opportunity to move into the beautiful Country Retreat neighborhood! This home has been well maintained and is ready for you right now! Tucked back on a spacious cul-de-sac lot giving you optimal privacy, this home is perfect for the growing family. Entertaining won't be a problem with the spacious lot, balanced floor plan and more! Convenience to the City with no cCity taxes! These homes aren't coming up too often, see it ASAP!

Last Agent to Sell the Property

Damion Patton

Belote Realty License #281466 Listed on: 04/08/2021

Last Buyer's Agent

Carolyn Bolden

Realty Executives of Hickory License #198317

Realty Executives of Hickory

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.75

Parking

  • 2

Interior Spaces

  • Wood Burning Fireplace

Flooring

  • Wood
  • Linoleum
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 35741

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.00756
  • Ratio Close Price By Original Li: 1.00756
  • Ratio Current Price By Acre: 373333.33
  • Ratio Current Price By Sq Ft: 143.74
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Upper Level Sq Ft: 660
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Oven, Refrigerator
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Linoleum, Tile, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 250
  • Main Level Sq Ft: 1038
  • Total Sq Ft: 1948

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.750
  • Parcel Number: 35741
  • Zoning Specification: LID

Tax Info

  • Tax Value: 205577.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 14, 2021
Sold by
Cipoletti Ralph J and Cipoletti Marianne
Bought by
Franqui Cindy K and Hardt Samuel H
Seller's Agent
Damion Patton
Belote Realty
Buyer's Agent
Carolyn Bolden
Realty Executives of Hickory
List Price
$277,900
Sold Price
$280,000
Premium/Discount to List
$2,100
0.76%
Current Estimated Value
$401,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,246
Avg. Annual Appreciation
8.62%
Original Mortgage
$274,928
Outstanding Balance
$248,913
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$152,333

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 21, 2020
Sold by
Best James M and Best Shana B
Bought by
Cipolletti Marianne and Cipolletti Ralph J
Seller's Agent
Christina Truitt
WNC Real Estate Inc.
Buyer's Agent
Damion Patton
Belote Realty
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$224,910
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Settlemyer Matthew Lee and Settlemyer Ellen Anderson
Bought by
Best James M and Best Shana B

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
6.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Franqui Cindy K $280,000 None Available
Cipolletti Marianne $250,000 None Available
Best James M $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franqui Cindy K $274,928
Previous Owner Cipolletti Marianne $224,910
Previous Owner Best James M $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $280,000 +0.8% $144 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $277,900 0.0% $143 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $277,900 +11.2% $143 / Sq Ft
07/23/2020 07/23/20 Sold $249,900 0.0% $128 / Sq Ft View Prior Sale
06/06/2020 06/06/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $249,900 -- $128 / 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 $1,867 $279,499 $30,554 $248,945
2024 $1,877 $279,499 $30,554 $248,945
2023 $1,877 $279,499 $30,554 $248,945
2022 $1,905 $232,216 $28,980 $203,236
2021 $1,899 $232,216 $28,980 $203,236
2020 $1,686 $205,577 $28,980 $176,597
2019 $1,686 $205,577 $28,980 $176,597
2018 $1,535 $186,365 $28,980 $157,385
2017 $1,533 $186,365 $28,980 $157,385
2016 $1,500 $186,365 $28,980 $157,385
2015 $1,497 $186,365 $28,980 $157,385
2014 $1,496 $186,365 $28,980 $157,385
2013 $1,477 $186,365 $28,980 $157,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3727150

Canopy MLS (Canopy Realtor® Association)

APN: 35741