$165,000
SOLD NOV 26, 2024

5319 U S Highway 64 Morganton, NC 28655

37.4 Acres
$4,412 Price per Acre
1,629,144 Sq Ft Lot

Recently Sold

16% Below List Price

9 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Access to stream, creek or river
  • Robert L. Patton High School Rated A-
  • Wooded Lot

About This Lot

As of November 2024

Pristine 37+ Acre property with mature Loblolly Pines on most of the acreage. This land opportunity is all set and ready to go. Driveway already in place being shared by this land and the neighboring property. Creek frontage along the front of the property and two nice homebuilding sites on site. The rear of the property connects with the State of NC game land and provides utmost privacy. Land has never been perked so new buyer will be responsible for perking the land during their due diligence. This land is only 10 minutes off I-40 and a short 12 minute drive into downtown Morganton. Nice homes and farms surround this property.

Last Agent to Sell the Property

Kevin McLemore

United Country Real Estate - The McLemore Group Brokerage Email: kevin@themclemoregroup.com License #173324 Listed on: 09/30/2024

Co-Listed By

Dan McLemore

United Country Real Estate - The McLemore Group Brokerage Email: kevin@themclemoregroup.com License #174689

Last Buyer's Agent

Nicole Eso

GreyBeard Realty License #317779

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $760

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Development, Farm, Gardening, Private Estate, Recreational, Residential, Subdevelopment, Timber, Tree Farm/Timber
  • Property is zoned R-3

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Mountain Views
  • Access to stream, creek or river

Listing and Financial Details

  • Assessor Parcel Number 01052

Property Details

Property Type

Land

Est. Annual Taxes

$760

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Frontage Type: State Highway
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: kevin@themclemoregroup.com
  • Special Features: None

Interior Features

  • Possible Use: Development, Farm, Gardening, Private Estate, Recreational, Residential, Subdevelopment, Timber, Tree Farm/Timber

Exterior Features

  • View: Mountain(s)
  • Waterfront Features: None
  • Foundation Details Proposed: N/A

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed, Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Private, Sloped, Creek/Stream, Wooded, Views
  • Lot Size Area: 37.4
  • Lot Size Units: Acres
  • Parcel Number: 01052
  • Zoning: R-3
  • Can Be Subdivided: 1
  • Cleared Acres: 1.00
  • Wooded Area: 36
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Nov 26, 2024
Sold by
Sherwood Elizabeth A and Sherwood Richard L
Bought by
Hoof Print Legacy Trust
Seller's Agent
Kevin McLemore
United Country Real Estate - The McLemore Group
Buyer's Agent
Nicole Eso
GreyBeard Realty
List Price
$197,400
Sold Price
$165,000
Premium/Discount to List
-$32,400
-16.41%
Views
6
Current Estimated Value
$171,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,746
Avg. Annual Appreciation
7.75%
Original Mortgage
$165,000
Outstanding Balance
$163,287
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving
Estimated Equity
$11,209
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 Type Sale Price Title Company
Warranty Deed $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $165,000 -16.4% --
09/30/2024 09/30/24 For Sale $197,400 -- --
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 $760 $114,252 $114,252 $0
2023 $760 $114,252 $114,252 $0
2022 $812 $101,512 $101,512 $0
2021 $812 $101,512 $101,512 $0
2020 $796 $101,512 $101,512 $0
2019 $787 $101,512 $101,512 $0
2018 $787 $101,512 $101,512 $0
2017 $787 $101,512 $101,512 $0
2016 $771 $101,512 $101,512 $0
2015 $771 $101,512 $101,512 $0
2014 $771 $101,512 $101,512 $0
2013 $771 $101,512 $101,512 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4188024

Canopy MLS (Canopy Realtor® Association)

APN: 1052