NOT LISTED FOR SALE

518 Lenoir St Morganton, NC 28655

Estimated Value: $369,000 - $448,399

3 Beds
3 Baths
3,614 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $385,000 $107 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,550/month

80 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Wood Flooring
  • Robert L. Patton High School Rated A-
  • Private Lot
  • Detached Garage

About This Home

As of October 2023

Your own urban farm? Built circa 1875 according to "Historic Burke: An Architectural Sites Inventory of Burke County", the Powe House property is nearly an acre and just a few blocks from historic downtown Morganton. A grand olde belle with 3 or 4 bedrooms, 3 full baths, 9 FT ceilings, generously sized rooms, original hardwoods, multiple FPs, and so much character! Main level Library is being used as a 4th bedroom. Fully planted fenced garden; chickens (the girls can stay if you want); three varieties of grapes; asparagus beds; apple, cherry, kiwi, fig trees; blueberries, raspberries, elderberries, boysenberries; artichokes; medicinal and culinary herbs. Detached garage with loft. Termite contract transferrable to new owner.

Last Agent to Sell the Property

Bobbie McCombs

McCombs & Hoke Real Estate License #169800 Listed on: 06/07/2023

Last Buyer's Agent

Rachel Alosky Stark

Patton Allen Real Estate LLC License #282997

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1875

Lot Details

  • Partially Fenced Property
  • Private Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Morgantn, MID

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 2704301505

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1875
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 106.53
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Brick, Tile, Wood
  • Interior Amenities: Built-in Features, Pantry, Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2182
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 772
  • Sq Ft Unheated Main: 340
  • Sq Ft Unheated Total: 1112
  • Sq Ft Upper: 1432
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 3614
  • Has Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom
  • Living Area: 3614
  • Bedroom Main: 0
  • Room Count: 12

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Composition, Metal
  • Construction Type: Site Built
  • Fencing: Partial
  • Waterfront Features: None
  • Construction Type: Vinyl, Wood
  • Patio And Porch Features: Deck, Enclosed

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 346
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Orchard(s), Level, Private
  • Lot Size Area: 0.9696
  • Lot Size Units: Acres
  • Parcel Number: 2704301505
  • Zoning: MID
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Morgantn

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Brown Pamela J
Bought by
Mccullough Ryan and Mccullough Melissa
Current Estimated Value
$434,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 23, 2021
Sold by
Belville Nancy L
Bought by
Brown Pamela J
Seller's Agent
Brenda Blankenship
Five Stone Real Estate, LLC
Buyer's Agent
Bobbie McCombs
McCombs & Hoke Real Estate
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$324,022
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Mccullough Ryan -- None Listed On Document
Brown Pamela J $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccullough Ryan $288,750
Previous Owner Brown Pamela J $324,022
Previous Owner Belville Robert C $158,600
Previous Owner Belville Robert C $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $385,000 -2.5% $107 / Sq Ft
07/13/2023 07/13/23 Price Changed $395,000 -6.0% $109 / Sq Ft
06/07/2023 06/07/23 For Sale $420,000 +27.3% $116 / Sq Ft
06/24/2021 06/24/21 Sold $330,000 +10.0% $89 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $299,900 0.0% $81 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $299,900 -- $81 / 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 $2,070 $353,044 $65,299 $287,745
2023 $2,065 $353,044 $65,299 $287,745
2022 $1,669 $228,327 $33,809 $194,518
2021 $1,598 $218,929 $33,809 $185,120
2020 $1,594 $218,929 $33,809 $185,120
2019 $1,594 $218,929 $33,809 $185,120
2018 $1,439 $200,895 $33,809 $167,086
2017 $1,431 $200,895 $33,809 $167,086
2016 $1,431 $200,895 $33,809 $167,086
2015 $1,428 $200,895 $33,809 $167,086
2014 $1,427 $200,895 $33,809 $167,086
2013 $1,427 $200,895 $33,809 $167,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4037809

Canopy MLS (Canopy Realtor® Association)

APN: 0002099