NOT LISTED FOR SALE

515 Salem Rd Morganton, NC 28655

Estimated Value: $186,000 - $372,468

3 Beds
3 Baths
2,351 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $179,250 $76 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,656/month

359 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Gazebo
  • Liberty Middle School Rated 9+
  • Wine Refrigerator
  • Rear Porch

About This Home

As of August 2024

Large 3 bedroom and 3 bathroom home! Just a few miles from downtown Morganton; 1 mile from exit 103 of I-40! The main level features a spacious living room, dining space, renovated kitchen, bedroom, a full-bath, pantry and laundry room. The upper floor features 2 bedrooms, 2 full baths, hallway closet, and a bonus room. Primary has an attached full bathroom with a garden tub, and a walk-in closet. The porch/deck wraps from the parking side of the house to the back of the home. Stairs lead down to a large fenced in backyard, perfect for outdoor fun and a good roaming space for pets!
Leftover floor to replace a portion of the scratched flooring in the living room space.No septic permit on file.Keypad door lock.While previously under-contract an inspection report found several issues with the home. ($45,000-$55,000 Verbal Quote on Structural Repairs) Inspections available upon request.
Seller Financing offered with Price Premium - ($25,000 down payment)(10% Interest Rate Yearly)

Last Agent to Sell the Property

Bryson Lambert

RE/MAX Southern Lifestyles Brokerage Email: business_brysonlambert@yahoo.com License #336701 Listed on: 08/11/2023

RE/MAX Southern Lifestyles

Last Buyer's Agent

Christina Truitt

WNC Real Estate Inc. License #253938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1948

Lot Details

  • Wood Fence
  • Back Yard Fenced
  • Sloped Lot
  • Property is zoned Burke, R-2

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Gazebo
  • Rear Porch

Schools

  • Salem Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1792820596

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 76.24
  • Geocode Confidence: High
  • Attribution Contact: business_brysonlambert@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Attic Other, Garden Tub, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1338
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1013
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Oven, Refrigerator, Washer, Wine Refrigerator
  • Above Grade Finished Sq Ft: 2351
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2351
  • Bedroom Main: 1
  • Room Count: 10

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Wood
  • Construction Type: Vinyl
  • Other Structures: Gazebo
  • Patio And Porch Features: Deck, Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level, Sink
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Liberty
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 1792820596
  • Zoning: R-2
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Salem
  • High School: Patton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Aug 30, 2024
Sold by
Blue Holdings Rmt Llc
Bought by
Civitello James and Civitello Meghan
Seller's Agent
Bryson Lambert
RE/MAX Southern Lifestyles
Buyer's Agent
Christina Truitt
WNC Real Estate Inc.
List Price
$293,500
Sold Price
$179,250
Premium/Discount to List
-$114,250
-38.93%
Views
1488
Current Estimated Value
$274,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,611
Avg. Annual Appreciation
50.55%
Original Mortgage
$166,750
Outstanding Balance
$165,132
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$104,735

Purchase Details

Listed on
May 7, 2020
Closed on
Dec 28, 2020
Sold by
Vasquez Isaac
Bought by
Crompton Jonathan and Crompton Toshia
Seller's Agent
John Henderson
Western Piedmont Real Estate LLC
Buyer's Agent
Jonathan Crompton
Jonathan Crompton Realty LLC
List Price
$218,000
Sold Price
$210,000
Premium/Discount to List
-$8,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.22%
Original Mortgage
$199,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Vasquez Juan Carlos
Bought by
Vasquez Isaac

Purchase Details

Closed on
May 10, 2016
Sold by
Bostian Charles and Leonard Shanda Ann
Bought by
Vasqez Juan Carlos
Source: Public Records

Range of Values:

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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
Civitello James $179,500 None Listed On Document
Crompton Jonathan $210,000 None Available
Vasquez Isaac -- Attorney
Vasqez Juan Carlos $16,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Civitello James $166,750
Previous Owner Crompton Jonathan $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $179,250 -2.8% $76 / Sq Ft
07/01/2024 07/01/24 Price Changed $184,500 -7.5% $78 / Sq Ft
05/27/2024 05/27/24 Price Changed $199,500 -5.0% $85 / Sq Ft
05/06/2024 05/06/24 Price Changed $210,000 -4.5% $89 / Sq Ft
02/16/2024 02/16/24 Price Changed $220,000 -12.0% $94 / Sq Ft
11/06/2023 11/06/23 Price Changed $249,900 -2.8% $106 / Sq Ft
10/16/2023 10/16/23 Price Changed $257,000 -8.2% $109 / Sq Ft
10/02/2023 10/02/23 Price Changed $279,900 -2.1% $119 / Sq Ft
09/01/2023 09/01/23 Price Changed $285,900 -2.6% $122 / Sq Ft
08/11/2023 08/11/23 For Sale $293,500 +39.8% $125 / Sq Ft
12/30/2020 12/30/20 Sold $210,000 -3.7% $86 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $218,000 0.0% $89 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $218,000 0.0% $89 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $218,000 -3.1% $89 / Sq Ft
05/07/2020 05/07/20 For Sale $224,900 -- $92 / 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
2024 $1,934 $292,323 $13,000 $279,323
2023 $1,927 $291,159 $13,000 $278,159
2022 $1,673 $200,174 $11,000 $189,174
2021 $1,607 $200,174 $11,000 $189,174
2020 $1,346 $166,550 $11,000 $155,550
2019 $1,346 $166,550 $11,000 $155,550
2018 $1,071 $130,625 $11,000 $119,625
2017 $472 $52,515 $11,000 $41,515
2016 $442 $50,664 $11,000 $39,664
2015 $439 $50,583 $11,000 $39,583
2014 $437 $50,583 $11,000 $39,583
2013 $437 $50,583 $11,000 $39,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4058523

Canopy MLS (Canopy Realtor® Association)

APN: 68