NOT LISTED FOR SALE

509 Alexander Ave Morganton, NC 28655

Estimated Value: $278,478 - $320,000

3 Beds
2 Baths
1,510 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $199,000 $132 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,672/month

4 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Storm Windows

About This Home

As of December 2020

Charming midcentury modern home (www.ncmodernist.org/statewide.htm). The stately oak tree & nicely landscaped front yard play host to the vertical insulated windows that welcome you into the house featuring a vaulted ceiling open floor plan, a living room w/fireplace, kitchen & dining area. There are well maintained hardwoods throughout and vinyl in the kitchen. Carport and covered terrace flank both sides of the home with a small storage/potting shed off the terrace. Downstairs offers a nice den area separate from the workshop, laundry & storage area. Flanked by a large multi-level deck, the 30'x16' pool offers plenty of entertainment spaces. Updates on the house are listed separately. This home is walking distance/bicycling distance to downtown, Catawba Meadows and the Greenway. Make you showing appointment today. $197,500

Last Agent to Sell the Property

Wendy Cato

Berkshire Hathaway HomeServices Blue Ridge REALTORS® Brokerage Email: wendy.cato@carolinaproperty.com License #264115 Listed on: 10/25/2020

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

James Hall

Engel & Volkers Foothills Lake James License #291086

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 700x240x100x215
  • Property is zoned LID

Home Design

  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Great Room with Fireplace
  • Attic Fan
  • Storm Windows
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • 1 Detached Carport Space
  • Basement Garage

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1794914492

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1960
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 131.79
  • Attribution Contact: wendy.cato@carolinaproperty.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1218
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 292
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 292
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 1218
  • Has Basement: Basement, Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 292
  • Fireplace Features: Great Room
  • Living Area: 1510
  • Window Features: Insulated Window(s), Storm Window(s)
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full, Wood
  • Patio And Porch Features: Covered, Deck, Patio, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Carport

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Attic Fan
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Other
  • Hoa Subject To Dues: No
  • Association: No
  • Association Email: wendeline50@hotmail.com

Schools

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

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 1794914492
  • Zoning: LID
  • Lot Size Acres: 0.51
  • Lot Size: 700x240x100x215
  • Lot Size Sq Ft: 22215
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LID

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Dec 8, 2020
Sold by
Nelson Clay S and Nelson Abby Anne
Bought by
Pruitt Christopher
Seller's Agent
Wendy Cato
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
James Hall
Engel & Volkers Foothills Lake James
List Price
$197,500
Sold Price
$199,000
Premium/Discount to List
$1,500
0.76%
Current Estimated Value
$299,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,870
Avg. Annual Appreciation
8.42%
Original Mortgage
$189,050
Outstanding Balance
$168,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,259

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 17, 2017
Sold by
Annis Deborah and Willson Shaun
Bought by
Gentry Abby Anne and Nelson Clay S
Seller's Agent
Nicholas Newton
Coldwell Banker Newton RE
Buyer's Agent
Wendy Cato
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$116,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Wills Shawn and Annis Deborah
Bought by
Annis Deborah

Purchase Details

Listed on
Jul 12, 2013
Closed on
Dec 17, 2014
Sold by
Heir Seth King
Bought by
Annis Deborah and Willson Shaun
Seller's Agent
Starla Hoke
McCombs & Hoke Real Estate
Buyer's Agent
Starla Hoke
McCombs & Hoke Real Estate
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$90,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Sold by
King Seth
Bought by
Kelly Morgan and Roth Neil

Purchase Details

Closed on
Feb 24, 2005
Sold by
Chapman Martha Ann
Bought by
Palmieri Phyllis Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving
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
Pruitt Christopher $199,000 None Available
Pruitt Christopher -- None Listed On Document
Gentry Abby Anne $120,000 Attorney
Annis Deborah -- None Available
Annis Deborah $90,000 None Available
Kelly Morgan -- None Available
Palmieri Phyllis Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruitt Christopher $189,050
Closed Pruitt Christopher $189,050
Previous Owner Gentry Abby Anne $116,400
Previous Owner Annis Deborah $90,000
Previous Owner Palmieri Phyllis Ann $10,000
Previous Owner Palmieri Phyllis Ann $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2020 12/08/20 Sold $199,000 +0.8% $132 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $197,500 +64.6% $131 / Sq Ft
03/23/2017 03/23/17 Sold $120,000 0.0% $99 / Sq Ft View Prior Sale
02/09/2017 02/09/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $120,000 +33.3% $99 / Sq Ft
12/30/2014 12/30/14 Sold $90,000 0.0% $74 / Sq Ft View Prior Sale
11/29/2014 11/29/14 Pending -- -- --
07/12/2013 07/12/13 For Sale $90,000 -- $74 / 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 $1,216 $201,572 $30,087 $171,485
2024 $1,222 $201,572 $30,087 $171,485
2023 $1,217 $201,572 $30,087 $171,485
2022 $931 $122,118 $30,087 $92,031
2021 $925 $122,118 $30,087 $92,031
2020 $921 $122,118 $30,087 $92,031
2019 $921 $122,118 $30,087 $92,031
2018 $891 $120,387 $30,087 $90,300
2017 $881 $119,947 $30,087 $89,860
2016 $881 $119,947 $30,087 $89,860
2015 $856 $119,947 $30,087 $89,860
2014 $854 $116,699 $30,087 $86,612
2013 $854 $116,699 $30,087 $86,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3676285

Canopy MLS (Canopy Realtor® Association)

APN: 6439