NOT LISTED FOR SALE

507 W Union St Morganton, NC 28655

Estimated Value: $786,000 - $1,010,000

4 Beds
4 Baths
4,282 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $715,000 $167 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,944/month

94 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Built-In Features
  • Robert L. Patton High School Rated 9+
  • Screened Porch
  • Home Security System

About This Home

As of May 2022

Immaculate Queen Anne home built in 1905 situated on 1.13 acres has been renovated for today while still maintaining the charm of the past. Elegant living space in the living and dining rooms and library/study with high ceilings, beautiful molding and mantels. If you’re currently working from home, impress your colleagues on Zoom with an office in this sunroom! Kitchen with gas stovetop, two dishwashers and a morning room. Main level bedroom with ensuite. Private and spacious main bedroom suite has walk-in closets, tub with separate shower. Upstairs office space overlooks backyard. Unfinished basement space has extra fridge, a workshop and potting area. Detached 400 sq ft screened is great spot for entertaining. Professionally landscaped yard. Backyard is great spot for your special events. This home and property are ready for a buyer seeking a truly special home within walking distance of downtown Morganton.

Last Agent to Sell the Property

Laura Mulwee

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #240738 Listed on: 01/28/2022

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Amy Crowder

Looking Glass Realty AVL LLC License #308877

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 95'x494'x79'x595'
  • Level Lot
  • Property is zoned LID, Morganto

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2703041722

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1905
  • Ratio Current Price By Acre: 632743.36
  • Restrictions: None
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2341
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1941
  • Porch: Covered,Porch-Wrap Around,Screened
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Refrigerator, Security System, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 4282
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Morganton
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 2703041722
  • Lot Size: 95'x494'x79'x595'
  • Zoning Description: Morganto

Tax Info

  • RATIO List Price By Tax Amount: 1.61017

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
May 2, 2022
Sold by
Plyler Edward T and Plyler Robeson G
Bought by
Smith Chad and Smith Myquillyn M
Seller's Agent
Laura Mulwee
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Amy Crowder
Looking Glass Realty AVL LLC
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Current Estimated Value
$890,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,946
Avg. Annual Appreciation
6.09%
Original Mortgage
$465,000
Outstanding Balance
$415,870
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$475,076
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Chad $715,000 Ayers James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Chad $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $715,000 -4.7% $167 / Sq Ft
01/28/2022 01/28/22 For Sale $750,000 -- $175 / 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 $3,966 $697,164 $155,144 $542,020
2024 $3,997 $697,164 $155,144 $542,020
2023 $3,992 $697,164 $155,144 $542,020
2022 $3,319 $465,790 $155,144 $310,646
2021 $3,459 $465,790 $155,144 $310,646
2020 $3,471 $465,790 $155,144 $310,646
2019 $3,489 $465,790 $155,144 $310,646
2018 $3,303 $436,236 $155,144 $281,092
2017 $3,324 $436,236 $155,144 $281,092
2016 $3,272 $436,236 $155,144 $281,092
2015 $3,296 $436,236 $155,144 $281,092
2014 $3,325 $436,236 $155,144 $281,092
2013 $3,357 $436,236 $155,144 $281,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3823085

Canopy MLS (Canopy Realtor® Association)

APN: 9039