NOT LISTED FOR SALE

5646 Nc Hwy 18 None S Morganton, NC 28655

Estimated Value: $303,000 - $407,124

2 Beds
1.5 Baths
1,399 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $346,500 $248 Per Sq Ft

Current estimated payment $2,017/month

17 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wooded Lot
  • George Hildebrand Elementary School Rated 9+
  • Private Lot
  • Wood Flooring

About This Home

As of August 2023

Authentic log home w/ frontage on Laurel Creek on over 4.3 private unrestricted wooded acres minutes to I-40, UNC Hospital & downtown shopping amenities. Enter thru the gate on a paved drive w/ bridge over the creek to a private getaway, primary residence or Air B&B with true charm, character & up to date modern luxuries. Two hand hewn log cabins, one built in 1975, the other in 1809 beautifully adjoined for One rustic elegant home. The main level features a delightful Living room w/ FP, Kitchen, Dining room w/ FP and 2 covered decks. Upper level living with Two separate Bedrooms each with a private stairway. One the Primary BR en-suite w/Full Bath & 2nd BR equally as spacious. There is an 18x12 workshop with half bath and laundry. Multiple hand crafted outbldgs for garden tools, storage or a variety of uses. From the historic old water wheel to the amazing gardens of natural Mtn. Laurel, hostas & azaleas, you will feel like it’s your own piece of heaven. Shown by Appt Only. No Sign.

Last Agent to Sell the Property

Toni Powers

The Powers Realty Group LLC License #260108 Listed on: 06/12/2023

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Gated Home
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-3, RMU

Home Design

  • Rustic Architecture
  • Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered patio or porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12719

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Rustic
  • Year Built: 1975
  • Restrictions: No Restrictions
  • Road Surface Type: Gated, Dirt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 247.68
  • Property Sub Type Additional: Other
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Walk-In Closet(s), Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 719
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 414
  • Sq Ft Unheated Total: 414
  • Sq Ft Upper: 680
  • Appliances: Dryer, Oven, Refrigerator, Washer, Other
  • Above Grade Finished Sq Ft: 1399
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 1399
  • Bedroom Main: 0
  • Room Count: 8
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Creek
  • Waterfront Features: Other - See Remarks
  • Waterfront Elevation: 1000
  • Construction Type: Log, Wood
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Side Porch, Other - See Remarks

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level, Other - See Remarks
  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Underground Utilities, Wired Internet Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Flood Fringe Area, Level, Private, Sloped, Steep Slope, Creek/Stream, Wooded, Waterfront
  • Lot Size Area: 4.35
  • Lot Size Units: Acres
  • Parcel Number: 12719
  • Zoning: RMU
  • 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

Listed on
Jun 12, 2023
Closed on
Aug 9, 2023
Sold by
Thompson Melissa Dawn and Thompson Brent Michael
Bought by
Nalley Lori
Seller's Agent
Toni Powers
The Powers Realty Group LLC
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$375,000
Sold Price
$346,500
Premium/Discount to List
-$28,500
-7.6%
Views
475
Current Estimated Value
$347,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571
Avg. Annual Appreciation
0.79%
Original Mortgage
$163,000
Outstanding Balance
$160,153
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$191,712

Purchase Details

Closed on
Jun 25, 2015
Sold by
Isenhour Jerry Wayne and Isenhour Kathy H
Bought by
Thompson Melissa Dawn and Thompson Brent Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
3.92%
Mortgage Type
FHA
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
Nalley Lori $346,500 None Listed On Document
Thompson Melissa Dawn $130,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nalley Lori $163,000
Previous Owner Thompson Melissa Dawn $16,974
Previous Owner Thompson Melissa Dawn $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $346,500 -7.6% $248 / Sq Ft
06/12/2023 06/12/23 For Sale $375,000 -- $268 / 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 $1,213 $178,106 $30,225 $147,881
2023 $932 $133,624 $30,225 $103,399
2022 $765 $85,942 $23,250 $62,692
2021 $733 $85,942 $23,250 $62,692
2020 $719 $85,942 $23,250 $62,692
2019 $729 $85,942 $23,250 $62,692
2018 $664 $77,409 $23,250 $54,159
2017 $662 $77,409 $23,250 $54,159
2016 $642 $77,409 $23,250 $54,159
2015 $639 $77,409 $23,250 $54,159
2014 $637 $77,409 $23,250 $54,159
2013 $637 $77,409 $23,250 $54,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4039728

Canopy MLS (Canopy Realtor® Association)

APN: 12719