J
Seller's Agent in 2020
Jennifer Deacon
Edge Real Estate Services
(828) 403-3353
3 in this area
12 Total Sales
508 Riverside Dr Morganton, NC 28655
Estimated Value: $483,000 - $586,000
5
Beds
4.5
Baths
4,900
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Hilly Lot
- Ranch Style House
- Outdoor Kitchen
- Robert L. Patton High School Rated 9+
- Wood Flooring
- Tennis Courts
About This Home
As of February 2020Brick ranch with over 6000 sq. ft. and 1+ acres in one of Morganton's premiere neighborhoods. Circular drive, double attached garage, terraced backyard with tennis court, fountain/fish pond, and outdoor kitchen area on a cul-de-sac. Small dog lot with a partially fenced yard. Home has had many updates including new appliances, granite countertops, refinished hardwoods, tankless hot water heater and replacement windows. Basement has a mother-in-law suite with living area and fireplace, 2 bedrooms, 2 baths and kitchen. Home has both formal and informal spaces with built-ins. Large master with full bath and walk-in closet. Office area with near master. Tons of storage! Priced below tax value!
Last Agent to Sell the Property
Edge Real Estate Services License #284615 Listed on: 11/19/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- Hilly Lot
- Many Trees
Parking
- Attached Garage
- Circular Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- Fireplace
- Breakfast Bar
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
Outdoor Features
- Outdoor Kitchen
- Terrace
Utilities
- Cable TV Available
Community Details
- Tennis Courts
Listing and Financial Details
- Assessor Parcel Number 1596
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2019
Closed on
Feb 28, 2020
Sold by
Groh William and Groh Carolyn
Bought by
Drankarov Ludmil and Drankarov Galina
Seller's Agent
Jennifer Deacon
Edge Real Estate Services
Buyer's Agent
Elizabeth Mitchell
Fathom Realty NC LLC
List Price
$299,000
Sold Price
$263,500
Premium/Discount to List
-$35,500
-11.87%
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
$265,671
Avg. Annual Appreciation
12.54%
Purchase Details
Listed on
Jan 4, 2012
Closed on
May 7, 2012
Sold by
State Employees Credit Union
Bought by
Groh William J and Groh Carolyn A
List Price
$247,500
Sold Price
$247,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$222,750
Interest Rate
4.13%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 24, 2006
Sold by
Oxford Diane
Bought by
Morris Jevon and Morris Adriana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Drankarov Ludmil | $263,500 | None Available | |
| Groh William J | $247,500 | None Available | |
| Morris Jevon | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Groh William J | $222,750 | |
| Previous Owner | Morris Jevon | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $263,500 | -11.9% | $54 / Sq Ft | |
| 02/04/2020 02/04/20 | Pending | -- | -- | -- | |
| 11/19/2019 11/19/19 | For Sale | $299,000 | +20.8% | $61 / Sq Ft | |
| 05/08/2012 05/08/12 | Sold | $247,500 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 03/28/2012 03/28/12 | Pending | -- | -- | -- | |
| 01/04/2012 01/04/12 | For Sale | $247,500 | -- | $37 / 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 | $2,255 | $388,755 | $70,226 | $318,529 |
| 2024 | $2,270 | $388,755 | $70,226 | $318,529 |
| 2023 | $2,265 | $388,755 | $70,226 | $318,529 |
| 2022 | $2,456 | $341,531 | $70,226 | $271,305 |
| 2021 | $2,450 | $341,531 | $70,226 | $271,305 |
| 2020 | $2,468 | $344,801 | $70,226 | $274,575 |
| 2019 | $2,468 | $344,801 | $70,226 | $274,575 |
| 2018 | $2,288 | $318,877 | $70,226 | $248,651 |
| 2017 | $2,286 | $318,877 | $70,226 | $248,651 |
| 2016 | $2,233 | $318,877 | $70,226 | $248,651 |
| 2015 | $2,230 | $318,877 | $70,226 | $248,651 |
| 2014 | $2,229 | $318,877 | $70,226 | $248,651 |
| 2013 | $2,229 | $318,877 | $70,226 | $248,651 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Deacon
-
Elizabeth Mitchell
E
Buyer's Agent in 2020
Elizabeth Mitchell
Fathom Realty NC LLC
(828) 215-0446
1 in this area
103 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3570063
APN: 1596
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