NOT LISTED FOR SALE

503 W Union St Morganton, NC 28655

Estimated Value: $673,000 - $855,396

4 Beds
5 Baths
3,864 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $715,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,271/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Robert L. Patton High School Rated A-
  • 2 Car Detached Garage
  • Home Security System

About This Home

As of June 2023

This stunning classic sits on desirable West Union Street in historic downtown Morganton. With beautiful moldings, wood floors, details and charm, older homes were built with such attention to detail and this stately home is no exception. The inviting foyer and front hall welcome you into a beautiful living room and formal dining room. The kitchen is complete with a Viking range, plenty of counter, pantry and cabinet space. Charming breakfast area allows for friends and family to keep you company while preparing a meal! Spacious primary bedroom suite on the main level features a luxurious closet and the bathroom boasts both a Victoria + Albert tub and spacious shower. Upstairs find three bedrooms and 2 full baths. The basement has wormy chestnut with exposed brick and beams for a warm, inviting space to relax. Nicely landscaped, level yard is perfect for pets, children and entertaining. Plenty of parking with both two-car garage and two-car carport. Charm and character abound!

Last Agent to Sell the Property

Laura Mulwee

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #240738 Listed on: 04/05/2023

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Christie Leonard

WNC Real Estate at Lake James

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1935

Lot Details

  • Level Lot
  • Property is zoned LID-NCO

Parking

  • 2 Car Detached Garage
  • 2 Attached Carport Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Basement Storage

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2703043900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,434

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.04
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1983
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 144
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 144
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1101
  • Appliances: Dishwasher, Exhaust Hood, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 3084
  • Has Basement: Partial, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 780
  • Fireplace Features: Gas
  • Living Area: 3864
  • Bedroom Main: 1
  • Room Count: 15
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Exclusions: Bathroom Mirrors
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Detached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Room
  • Security: Security System
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.71
  • Lot Size Units: Acres
  • Parcel Number: 2703043900
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID-NCO

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 29, 2023
Sold by
Rush Dathan D and Rush Sarah S
Bought by
Cope Robert Paul and Cope Whitney Michele
Seller's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Christie Leonard
WNC Real Estate at Lake James
List Price
$735,000
Sold Price
$715,000
Premium/Discount to List
-$20,000
-2.72%
Views
87
Current Estimated Value
$759,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,849
Avg. Annual Appreciation
2.66%
Original Mortgage
$715,000
Outstanding Balance
$693,936
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$65,913
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
Cope Robert Paul $715,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cope Robert Paul $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $715,000 -2.7% $185 / Sq Ft
04/05/2023 04/05/23 For Sale $735,000 -- $190 / 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 $3,434 $601,337 $151,787 $449,550
2024 $3,460 $601,337 $151,787 $449,550
2023 $3,393 $590,125 $151,787 $438,338
2022 $3,508 $493,014 $151,787 $341,227
2021 $3,502 $493,014 $151,787 $341,227
2020 $3,498 $493,014 $151,787 $341,227
2019 $3,499 $493,126 $151,787 $341,339
2018 $3,224 $453,495 $151,787 $301,708
2017 $3,222 $453,495 $151,787 $301,708
2016 $3,149 $453,495 $151,787 $301,708
2015 $3,146 $453,495 $151,787 $301,708
2014 $3,144 $453,495 $151,787 $301,708
2013 $3,144 $453,495 $151,787 $301,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4014179

Canopy MLS (Canopy Realtor® Association)

APN: 31935