NOT LISTED FOR SALE

516 Riverside Dr Morganton, NC 28655

Morganton Area

Estimated Value: $441,000 - $604,185

6 Beds
4 Baths
4,728 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2020

Last sale price $270,000 $57 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,968 / mo

81 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace
  • Tile Flooring

About This Home

As of August 2020

Amazing space on approximately 1.4 acres in one of Morganton's finest in-town neighborhoods. Views of the Catawba River from this 6 bedroom, 4 bath brick home with over 4,700 SF that is accessed from Riverside Drive or Sanford Drive. Need in-law quarters? Here you go...full kitchen, living areas, and 3 bedrooms/2 baths on each level with separate entrances. 400 HP generac generator, gas hot water radiant heat.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate License #169800 Listed on: 03/31/2020

Last Buyer's Agent

Christina Truitt

WNC Real Estate Inc. License #253938

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 1.38

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 4 Full Bathrooms
  • Fireplace

Flooring

  • Laminate
  • Tile

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1793664380

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

1.38 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 0.90030
  • Ratio Close Price By Original Li: 0.90030
  • Ratio Current Price By Acre: 194384.45
  • Ratio Current Price By Sq Ft: 57.11
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Refrigerator, Wall Oven
  • Fireplace Description: FAMILYRM, Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Cable Available
  • Laundry Location: Basement, Utility Room
  • Room Count: 2
  • Sq Ft Basement: 2088
  • Main Level Sq Ft: 2640
  • Total Sq Ft: 4728
  • Sq Ft Unheated Basement: 420
  • Sq Ft Unheated Total: 420

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Gas Steam Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Cul-de-sac Lot, Sloping
  • Parcel Number: 1793664380
  • Zoning Specification: Morganto

Tax Info

  • Tax Value: 322379.00
  • Tax Location: Burke

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
Buyer's Agent
Christina Truitt
WNC Real Estate Inc.
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Current Estimated Value
$511,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,796
Avg. Annual Appreciation
11.27%
Original Mortgage
$243,000
Interest Rate
0.0387%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open $243,000
Previous Owner $56,000
Previous Owner $195,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $270,000 -10.0% $57 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $299,900 -- $63 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,899 $324,633 $69,276 $255,357
2024 $1,911 $324,633 $69,276 $255,357
2023 $1,906 $324,633 $69,276 $255,357
2022 $2,095 $289,644 $69,276 $220,368
2021 $2,089 $289,644 $69,276 $220,368
2020 $2,334 $322,379 $69,276 $253,103
2019 $2,356 $322,379 $69,276 $253,103
2018 $2,141 $290,755 $69,276 $221,479
2017 $2,150 $290,755 $69,276 $221,479
2016 $2,070 $290,755 $69,276 $221,479
2015 $2,058 $290,755 $69,276 $221,479
2014 $2,042 $290,755 $69,276 $221,479
2013 $2,043 $290,755 $69,276 $221,479
Source: Public Records

Agents Affiliated with this Home

  • Bobbie McCombs

    Seller's Agent in 2020

    Bobbie McCombs

    McCombs & Hoke Real Estate

    (828) 443-8381

    125 Total Sales

    Bobbie McCombs
    Section Image
  • Christina Truitt

    Buyer's Agent in 2020

    Christina Truitt

    WNC Real Estate Inc.

    (828) 443-7410

    70 Total Sales

    Christina Truitt
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3606442

Canopy MLS

APN: 8563

North Carolina Burke County Morganton 28655

516 Riverside Dr, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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