NOT LISTED FOR SALE

5997 Bollinger Loop Unit Tracts 2-3 Morganton, NC 28655

Estimated Value: $272,000 - $419,000

22.9 Acres
$14,017 Price per Acre
997,524 Sq Ft Lot

Last Sold September 01, 2020

Last sale price $75,000

Est. 328% increase in value since last sale

Current estimated payment $1,824/month

1 Day on Market

Highlights

  • Near a National Forest
  • Hilly Lot
  • Wooded Lot
  • Robert L. Patton High School Rated A-
  • Private Lot
  • Home fronts a stream

About This Lot

As of September 2020

This property is approximately 22.90 acres and joins the State Parks land at the very tip of the property line. This is two different tracts of land with one parcel being 10.464 acres, and the second tract 12.436 acres. It will be sold all together. Mature timber, privacy, and many areas for different homesites. Year-round views make this property very desirable.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty License #147122 Listed on: 07/16/2020

Last Buyer's Agent

Greg Shuffler

Fonta Flora Realty License #147122 Listed on: 07/16/2020

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Hilly Lot
  • Wooded Lot

Utilities

  • Septic Needed

Community Details

  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 1679898258

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.93750
  • Ratio Close Price By Original Li: 0.93750
  • Ratio Current Price By Acre: 3275.11
  • Restrictions: No Restrictions
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • Elementary School: W A Young
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Adjoins Nat/State Forest, Hilly, Level, Mountain View, Private, Steep, Stream/Creek, Wooded, Year Round View
  • Lot Size Area: 22.900
  • Parcel Number: 1679898258
  • Zoning Specification: RMU
  • Plat Book Slide: 45/87
  • Plat Reference Section Pages: 87
  • Wooded Acres: 22.90
  • Can Be Subdivided: Yes

Tax Info

  • Tax Value: 77981.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 1, 2020
Sold by
Walker Jimmy W
Bought by
Peterson Erin Nathaniel and Peterson Hailey Cameron
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
Greg Shuffler
Fonta Flora Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$321,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,000
Avg. Annual Appreciation
32.55%
Original Mortgage
$48,750
Outstanding Balance
$26,197
Interest Rate
3%
Mortgage Type
Closed End Mortgage
Estimated Equity
$294,803

Purchase Details

Closed on
Mar 14, 2016
Sold by
Norman Warren Allen and Norman Susan
Bought by
Walker Jummy W and Revocab Brenda

Purchase Details

Closed on
Dec 8, 2015
Sold by
Norman John Woodrow
Bought by
Norman Warren Allen and Norman John Woodrow

Purchase Details

Closed on
Feb 12, 2008
Sold by
Foothills Conservancy Of Nc Inc
Bought by
State Of North Carolina
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
Peterson Erin Nathaniel $75,000 None Available
Walker Jummy W $45,000 Attorney
Norman Warren Allen -- Attorney
State Of North Carolina $502,000 None Available
Norman John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Erin Nathaniel $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $75,000 -6.3% --
07/17/2020 07/17/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $80,000 -- --
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
2025 $1,686 $264,338 $78,907 $185,431
2024 $1,694 $241,461 $78,907 $162,554
2023 $1,495 $211,642 $78,907 $132,735
2022 $561 $70,094 $70,094 $0
2021 $325 $40,684 $40,684 $0
2020 $319 $40,684 $40,684 $0
2019 $315 $40,684 $40,684 $0
2018 $315 $40,684 $40,684 $0
2017 $315 $40,684 $40,684 $0
2016 $314 $41,252 $41,252 $0
2015 $314 $41,252 $41,252 $0
2014 $314 $41,252 $41,252 $0
2013 $314 $41,252 $41,252 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641729

Canopy MLS (Canopy Realtor® Association)

APN: 28115