NOT LISTED FOR SALE

5608 Nc 18 S Morganton, NC 28655

Estimated Value: $63,958 - $241,000

3 Beds
1 Bath
-- Sq Ft
4.84 Acres

Last Sold April 06, 2023

Last sale price $52,000

Est. 271% increase in value since last sale

Current estimated payment $1,065/month

60 Days on Market

Highlights

  • 4.84 Acre Lot
  • Farmhouse Style Home
  • Covered Patio or Porch
  • George Hildebrand Elementary School Rated 9+
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of April 2023

4.84 acres with a flowing large creek on Hwy 18 in Morganton. Home has been gutted and framed for walls. Home still needs remodeling and TLC. Septic tank and well on property. Seller does not know if they work. New meter box on house with no meter or electric turned on in home. Wood stove and Refrigerator. Motivated Seller.

Last Agent to Sell the Property

Ann Ferguson

Ferguson Real Estate & Associates License #287851 Listed on: 01/21/2023

Ferguson Real Estate & Associates

Last Buyer's Agent

Ann Ferguson

Ferguson Real Estate & Associates License #287851 Listed on: 01/21/2023

Ferguson Real Estate & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $179

Year Built

  • Built in 1950

Lot Details

  • 4.84 Acre Lot
  • Property is zoned R-3, RMU

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Wood Siding

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Access to stream, creek or river
  • Covered Patio or Porch

Schools

  • George Hildebrand Elementary School
  • East Burke Middle School
  • East Burke High School

Additional Features

  • 1-Story Property
  • More Than Two Accessible Exits
  • Septic Tank
  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17387

Home Details

Home Type

Single Family

Est. Annual Taxes

$179

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1950
  • Restrictions: No Restrictions
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 913
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 913
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Accessibility Features: Two or More Access Exits
  • Basement YN: Yes
  • Bedroom Main: 0
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: None
  • Sewer: Septic Installed
  • Laundry Features: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: None

Lot Info

  • Lot Features: Flood Fringe Area, Flood Plain/Bottom Land, Creek/Stream
  • Lot Size Area: 4.73
  • Lot Size Units: Acres
  • Parcel Number: 17387
  • Zoning: RMU
  • Lot Size Acres: 4.84
  • Lot Size Sq Ft: 210830
  • Additional Parcels Description: 2731719573
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

MLS Schools

  • Elementary School: George Hildebrand
  • High School: East Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Lowrie Thomas Franklin
Bought by
Ennis Shannon Lee
Current Estimated Value
$192,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$220,000
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
-$73,557

Purchase Details

Closed on
Apr 30, 2025
Sold by
Plattner Custom Builders Llc
Bought by
Lowrie Thomas Franklin

Purchase Details

Listed on
Jan 21, 2023
Closed on
Apr 4, 2023
Sold by
Mckinney Sherry A and Mckinney Leevon
Bought by
Plattner Custom Builders Llc
Seller's Agent
Ann Ferguson
Ferguson Real Estate & Associates
Buyer's Agent
Ann Ferguson
Ferguson Real Estate & Associates
List Price
$77,000
Sold Price
$52,000
Premium/Discount to List
-$25,000
-32.47%
Views
565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.67%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Smith Bonnie Fave Lail and Lail Benny Edford
Bought by
Mckinney Sherry A and Lucas Charles D

Purchase Details

Closed on
Apr 7, 2016
Sold by
Alvarez Janice R and Alvarez Rigoberto J
Bought by
Smith Bonnie Faye Lail and Lail Benny Edford
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
Ennis Shannon Lee $220,000 None Listed On Document
Ennis Shannon Lee $220,000 None Listed On Document
Lowrie Thomas Franklin -- None Listed On Document
Plattner Custom Builders Llc $52,000 --
Rvi Llc -- --
Mckinney Sherry A $32,500 None Available
Smith Bonnie Faye Lail $35,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ennis Shannon Lee $220,000
Closed Ennis Shannon Lee $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $52,000 -20.0% --
02/04/2023 02/04/23 Price Changed $65,000 +4.0% --
02/04/2023 02/04/23 Price Changed $62,500 -18.8% --
01/21/2023 01/21/23 For Sale $77,000 -- --
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 $179 $28,270 $27,198 $1,072
2023 $179 $28,270 $27,198 $1,072
2022 $189 $23,748 $20,922 $2,826
2021 $185 $24,119 $20,922 $3,197
2020 $185 $24,119 $20,922 $3,197
2019 $185 $24,119 $20,922 $3,197
2018 $196 $25,620 $20,922 $4,698
2017 $280 $36,583 $20,922 $15,661
2016 $272 $36,514 $20,921 $15,593
2015 $272 $36,514 $20,921 $15,593
2014 $272 $36,514 $20,921 $15,593
2013 $272 $36,514 $20,921 $15,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3936844

Canopy MLS (Canopy Realtor® Association)

APN: 17387