$74,000
SOLD JAN 30, 2025

5045 Old Hickory Tree Rd Morganton, NC 28655

8.24 Acres
$8,981 Price per Acre
358,934 Sq Ft Lot

Recently Sold

25% Below List Price

157 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Access to stream, creek or river
  • Hilly Lot
  • Wooded Lot

About This Lot

As of January 2025

Now is your chance to own over 8 beautiful acres in the Vein Mountain area of McDowell County. Come and enjoy the peace and quiet of the natural beauty and trees surrounding the acreage. There are two streams on the property to tap into for water if desired. Some improvements have been made to the land including a gravel road being cut in by current owners. Very light restrictions on the deed include no commercial poultry or junk cars. The rest is up to your imagination. Build a tiny home or make a family compounds, bring your camper! The possibilities are endless. There is a motor home on the property that can convey with the land.

Last Agent to Sell the Property

Melissa Plemmons

EXP Realty LLC Ballantyne Brokerage Phone: 828-337-2200 License #330224 Listed on: 06/22/2024

EXP Realty LLC Ballantyne

Last Buyer's Agent

Carly Conley

Keller Williams - Weaverville License #352448

Keller Williams - Weaverville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $187

Lot Details

  • Property fronts a private road
  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational, Residential

Schools

  • Glenwood Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Mountain Views
  • Access to stream, creek or river

Listing and Financial Details

  • Assessor Parcel Number 1659-00-57-1050

Property Details

Property Type

Land

Est. Annual Taxes

$187

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Allowed,Modular Allowed
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: 828-337-2200
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • View: Mountain(s)
  • Waterfront Features: None
  • Waterfront Elevation: 1000

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Private, Creek/Stream, Wooded, Views
  • Lot Size Area: 8.247
  • Lot Size Units: Acres
  • Parcel Number: 1659-00-57-1050
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Glenwood
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jan 8, 2025
Sold by
Poteet Jack R and Poteet Emily J
Bought by
Maley Kevin
Seller's Agent
Melissa Plemmons
EXP Realty LLC Ballantyne
Buyer's Agent
Carly Conley
Keller Williams - Weaverville
List Price
$99,000
Sold Price
$74,000
Premium/Discount to List
-$25,000
-25.25%
Views
53
Current Estimated Value
$77,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,995
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Aug 1, 1995
Bought by
Poteet Jack and Poteet Emily J
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 Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $74,000 -25.3% --
06/22/2024 06/22/24 For Sale $99,000 -- --
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 $187 $28,350 $28,350 $0
2023 $187 $28,350 $28,350 $0
2022 $142 $21,260 $21,260 $0
2021 $142 $21,260 $21,260 $0
2020 $144 $21,260 $0 $0
2019 $144 $0 $0 $0
2017 $136 $21,260 $0 $0
2016 $136 $0 $0 $0
2014 $134 $21,260 $21,260 $0
2013 -- $21,260 $21,260 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4154013

Canopy MLS (Canopy Realtor® Association)

APN: 1659-00-57-1050