M
Seller's Agent in 2022
Michael Brown
Edge Real Estate Services
(828) 217-6176
10 in this area
13 Total Sales
507 Alexander Ave Morganton, NC 28655
Estimated Value: $342,000 - $353,000
4
Beds
2
Baths
2,082
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Deck
- Traditional Architecture
- No HOA
- Living Room with Fireplace
- Wood Flooring
- Recreation Facilities
About This Home
As of June 2022Very nice 1945 Brick Era House, on a large in town lot, about 1-1/2 miles from the center of Morganton, several blocks from Catawba Meadows walking trails and athletic facilities, close to all Morganton shopping and restaurants. The House features 4 Bedroom, two baths, dining room, living and family room and additional rooms for office or 5th bedroom. Has unlimited potential
Last Agent to Sell the Property
Edge Real Estate Services Brokerage Email: mikejbrown123@gmail.com License #278192 Listed on: 05/20/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #240738
Home Details
Home Type
- Single Family
Year Built
- Built in 1945
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 100x190x90x215
- Sloped Lot
- Cleared Lot
Home Design
- Traditional Architecture
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1.5-Story Property
- Gas Log Fireplace
- Insulated Windows
- Living Room with Fireplace
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Crawl Space
Parking
- Garage
- Basement Garage
- Driveway
- On-Street Parking
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Mountain View Elementary School
- Walter Johnson Middle School
- Freedom High School
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 8392
Community Details
Recreation
- Recreation Facilities
- Community Playground
- Trails
Additional Features
- No Home Owners Association
- Picnic Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2022
Closed on
Jun 15, 2022
Sold by
Turner Family Trust
Bought by
Arasi Louis A and Arasi Patricia A
Seller's Agent
Michael Brown
Edge Real Estate Services
Buyer's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$235,000
Sold Price
$280,000
Premium/Discount to List
$45,000
19.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,557
Avg. Annual Appreciation
6.14%
Original Mortgage
$224,000
Outstanding Balance
$213,137
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$132,420
Purchase Details
Closed on
May 9, 2017
Sold by
Turner Mary C
Bought by
Turner Mary Cannon and Mary C Turner Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arasi Louis A | $280,000 | Ayers James R | |
| Turner Mary Cannon | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arasi Louis A | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2022 06/21/22 | Sold | $280,000 | +19.1% | $134 / Sq Ft |
| 06/20/2022 06/20/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $235,000 | -- | $113 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,476 | $248,411 | $26,400 | $222,011 |
| 2024 | $1,484 | $248,411 | $26,400 | $222,011 |
| 2023 | $1,453 | $243,807 | $26,400 | $217,407 |
| 2022 | $952 | $125,171 | $26,400 | $98,771 |
| 2021 | $946 | $125,171 | $26,400 | $98,771 |
| 2020 | $942 | $125,171 | $26,400 | $98,771 |
| 2019 | $942 | $125,171 | $26,400 | $98,771 |
| 2018 | $853 | $112,339 | $26,400 | $85,939 |
| 2017 | $851 | $112,339 | $26,400 | $85,939 |
| 2016 | $829 | $112,339 | $26,400 | $85,939 |
| 2015 | $826 | $112,339 | $26,400 | $85,939 |
| 2014 | $825 | $112,339 | $26,400 | $85,939 |
| 2013 | $825 | $112,339 | $26,400 | $85,939 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Brown
-
Laura Mulwee
Buyer's Agent in 2022
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
(828) 205-4437
48 in this area
85 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3850885
APN: 8392
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