NOT LISTED FOR SALE

525 Oakland Ave Morganton, NC 28655

Estimated Value: $215,000 - $242,606

2 Beds
2 Baths
1,352 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $125,900 $93 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,339/month

45 Days on Market

Highlights

  • Ranch Style House
  • Engineered Wood Flooring
  • Separate Outdoor Workshop
  • Heritage Middle School Rated A-
  • Corner Lot
  • Breakfast Bar

About This Home

As of February 2020

JUST REDUCED...ONE LEVEL LIVING in this 2BD 2BA Ranch just outside the city limits of Drexel!! Spacious home with CUSTOM built kitchen cabinets and ceramic counter tops. Breakfast bar, pantry, dining area and tons of storage!!! All appliances remain. Living room w/ hardwood flooring,OVER SIZED Master Bedroom with 2 closets, hall bath w/ new flooring PLUS a den with rock gas log fireplace!!! Outside 2 LARGE STORAGE BUILDINGS with power and one w/ ac unit that is a great SHE SHED, smaller tool /workshop building,building w/garage door that can be used for parking or to work on cars (building is plumbed for an air compressor). Double carport... LOW MAINTENANCE home with lifetime warranty metal roof, replacement windows and nice yard!! Utility bills and roof warranty on file. Home was originally a 3 bedroom. No road maintenance for Highland Ave. Lots of space indoors and out !!! Priced $125,900

Last Agent to Sell the Property

Sandra Walker

RE/MAX Southern Lifestyles License #242688 Listed on: 10/08/2019

RE/MAX Southern Lifestyles

Last Buyer's Agent

Sandra Walker

RE/MAX Southern Lifestyles License #242688 Listed on: 10/08/2019

RE/MAX Southern Lifestyles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Corner Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Parquet
  • Laminate
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2734011923

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.96921
  • Ratio Current Price By Acre: 434137.93
  • Ratio Current Price By Sq Ft: 93.12
  • Year Built: 1976
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dryer, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Washer, Electric Oven
  • Fireplace Description: Den, Gas Logs, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Chest Freezer in Outbuilding
  • Flooring: Laminate Wood, Parquet, Prefinished Wood, Vinyl
  • Interior Amenities: Breakfast Bar, Cable Available, Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1352
  • Total Sq Ft: 1352

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Parking Space - 4+

Utilities

  • Heating: Electric Baseboard Heat, Propane, Window Unit
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Drexel/Burton
  • Middle School: Heritage
  • High School: Jimmy C Draughn

Lot Info

  • Lot Features: Corner Lot, Sloping
  • Lot Size Area: 0.290
  • Parcel Number: 2734011923
  • Zoning Specification: Drexel

Tax Info

  • Tax Value: 101108.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Feb 19, 2020
Sold by
Decker Kevin B and Decker Virginia M
Bought by
Webb Kenneth E and Webb Janet K
Seller's Agent
Sandra Walker
RE/MAX Southern Lifestyles
Buyer's Agent
Sandra Walker
RE/MAX Southern Lifestyles
List Price
$129,900
Sold Price
$125,900
Premium/Discount to List
-$4,000
-3.08%
Current Estimated Value
$226,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,252
Avg. Annual Appreciation
11.24%
Original Mortgage
$104,354
Outstanding Balance
$94,147
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$131,795

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jul 14, 2017
Sold by
Walkewr Donna S and Jennings Jerry M
Bought by
Decker Kevin and Decker Virginia
Seller's Agent
Sandra Walker
RE/MAX Southern Lifestyles
Buyer's Agent
Sandra Walker
RE/MAX Southern Lifestyles
List Price
$109,900
Sold Price
$103,500
Premium/Discount to List
-$6,400
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$105,050
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Webb Kenneth E $126,000 None Available
Decker Kevin $103,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Kenneth E $104,354
Closed Webb Kenneth E $23,332
Previous Owner Decker Kevin $105,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $125,900 0.0% $93 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/13/2019 11/13/19 Price Changed $125,900 -3.1% $93 / Sq Ft
10/08/2019 10/08/19 For Sale $129,900 +25.5% $96 / Sq Ft
06/22/2017 06/22/17 Sold $103,500 -5.8% $81 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $109,900 -- $86 / 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 $1,214 $170,681 $14,609 $156,072
2023 $1,214 $170,681 $14,609 $156,072
2022 $864 $101,108 $6,960 $94,148
2021 $858 $101,108 $6,960 $94,148
2020 $854 $101,108 $6,960 $94,148
2019 $854 $101,108 $6,960 $94,148
2018 $869 $103,121 $6,960 $96,161
2017 $763 $89,698 $6,960 $82,738
2016 $745 $89,698 $6,960 $82,738
2015 $742 $89,698 $6,960 $82,738
2014 $741 $89,698 $6,960 $82,738
2013 $741 $89,698 $6,960 $82,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557692

Canopy MLS (Canopy Realtor® Association)

APN: 15722