NOT LISTED FOR SALE

504 Park Ave Morganton, NC 28655

Estimated Value: $141,000 - $191,207

2 Beds
2 Baths
1,048 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $62,500 $60 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,051/month

100 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Level Lot
  • Heritage Middle School Rated A-

About This Home

As of June 2014

Cute, cozy, and MOVE-IN CONDITION!This 2 bedroom 2 bath cottage is in the heart of Drexel NC with TONS of updates including a new roof in 2007 and new heatpump in 2010.Interior features include a spacious living room w/wall mounted flat screen TV, formal dining room,kitchen w laundry room off the side,and a rare find in this era of home-a master suite w private full bathroom!A good sized 2nd bedroom and 2nd full bathroom complete the interior,which has a fresh coat of neutral colored paint and hardwood flooring thru most of home.Exterior boasts a covered front porch,level yard with rear fencing providing a safe environment for children or pets,outbuilding,and raised rear deck w unique shade sail providing comfort on those hot summer days.Appliances and front load washer/dryer stay!!All this plus within walking distance to school,parks,and rec center make this a DO NOT MISS OPPORTUNITY!!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • Level Lot

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 2723682049

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.89413
  • Ratio Current Price By Acre: 178571.43
  • Ratio Current Price By Sq Ft: 59.64
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Dryer, Oven, Refrigerator, Washer, Washer Connection
  • Flooring: Vinyl, Wood
  • Room Count: 7
  • Total Sq Ft: 1048

Exterior Features

  • Construction: Asbestos
  • Exterior Features: Building - Storage Shed/Outbuilding, Fenced Yard

Utilities

  • Heating: Heat Pump - Heat
  • Sewer: Public Sewer

Lot Info

  • Lot Dimension: 76x200
  • Lot Features: Level
  • Parcel Number: 2723682049

Tax Info

  • Tax Value: 60915.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Jun 3, 2014
Sold by
Johnson Chase A and Johnson Kristen D Longpre
Bought by
Durrance James Daniel and Durrance Vera
List Price
$62,500
Sold Price
$62,500
Current Estimated Value
$185,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,786
Avg. Annual Appreciation
9.27%
Original Mortgage
$58,913
Outstanding Balance
$45,145
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$129,407

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 12, 2014
Sold by
Joe K Byrd Llc
Bought by
Johnson Chase A and Longpre Kristen D
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,913
Outstanding Balance
$45,145
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$129,407

Purchase Details

Closed on
Mar 23, 2007
Sold by
Byrd Joe K and Byrd Gleta H
Bought by
Johnson Chase A and Longpre Kristen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,983
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durrance James Daniel $62,500 None Available
Johnson Chase A -- None Available
Johnson Chase A $64,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durrance James Daniel $58,913
Previous Owner Johnson Chase A $61,983
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $62,500 0.0% $60 / Sq Ft
04/26/2014 04/26/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $62,500 -- $60 / 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 $998 $99,509 $18,375 $81,134
2024 $650 $99,509 $18,375 $81,134
2023 $645 $99,509 $18,375 $81,134
2022 $568 $69,927 $15,750 $54,177
2021 $562 $69,927 $15,750 $54,177
2020 $558 $69,927 $15,750 $54,177
2019 $558 $69,927 $15,750 $54,177
2018 $495 $60,915 $15,750 $45,165
2017 $493 $60,915 $15,750 $45,165
2016 $479 $60,915 $15,750 $45,165
2015 $476 $60,915 $15,750 $45,165
2014 $475 $60,915 $15,750 $45,165
2013 $475 $60,915 $15,750 $45,165
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB25232

Canopy MLS (Canopy Realtor® Association)

APN: 25366

North Carolina Burke County Morganton 28655

504 Park Ave, Morganton, NC

Not Listed for Sale

Detached

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