NOT LISTED FOR SALE

601 Salem Rd Morganton, NC 28655

Estimated Value: $193,000 - $256,000

2 Beds
2 Baths
1,200 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $145,000 $121 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,376/month

62 Days on Market

Highlights

  • Wooded Lot
  • Liberty Middle School Rated 9+
  • Cottage

About This Home

As of October 2020

Completely remodeled home conveniently located within minutes of I-40 and downtown Morganton! Newly updated electric, plumbing, complete appliance package, light fixtures, ceiling fans, bathroom fixtures and vanities, insulated windows and doors, new gas furnace and central air system, vinyl siding, gutters and landscaping! Ready to move in and sit on the front porch!

Last Agent to Sell the Property

Liz Beach

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #200052 Listed on: 07/05/2020

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Nayeli Jones

Coldwell Banker Newton RE

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Cottage
  • Vinyl Siding

Parking

  • Gravel Driveway
  • Shared Driveway

Additional Features

  • Laminate Flooring
  • 2 Full Bathrooms
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1792821419

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.90625
  • Ratio Close Price By Original Li: 0.80600
  • Ratio Current Price By Acre: 322222.22
  • Ratio Current Price By Sq Ft: 120.83
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Brick, Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Ice Maker Connection, Microwave, Natural Gas, Refrigerator
  • Flooring: Laminate Tile, Laminate Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1200
  • Total Sq Ft: 1200
  • Sq Ft Unheated Basement: 1200
  • Sq Ft Unheated Total: 1200

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel, Shared
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Salem
  • Middle School: Liberty
  • High School: Patton

Lot Info

  • Lot Dimension: 97x245x76x200
  • Lot Features: Cleared, Sloping, Trees, Wooded
  • Lot Size Area: 0.450
  • Parcel Number: 1792821419
  • Plat Reference Section Pages: 937
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 73061.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Oct 6, 2020
Sold by
Mitchell James C
Bought by
Fredrickson Taylor Lynn and Fredrickson John
Seller's Agent
Liz Beach
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Nayeli Jones
Coldwell Banker Newton RE
List Price
$179,900
Sold Price
$145,000
Premium/Discount to List
-$34,900
-19.4%
Current Estimated Value
$234,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,293
Avg. Annual Appreciation
10.29%
Original Mortgage
$142,373
Outstanding Balance
$127,204
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$107,089

Purchase Details

Closed on
Aug 26, 2019
Sold by
Bennett Kenneth Wayne and Bennett Christe P
Bought by
Conley Mitchell J and Mitchell James C

Purchase Details

Closed on
Feb 15, 2007
Sold by
Kerley Carl William and Kerley Tammy Rene
Bought by
Bennett Kenneth Wayne and Bennett Christe P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Fredrickson Taylor Lynn $145,000 None Available
Conley Mitchell J $50,000 None Available
Bennett Kenneth Wayne $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredrickson Taylor Lynn $142,373
Previous Owner Bennett Kenneth Wayne $39,000
Previous Owner Bennett Kenneth Wayne $26,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $145,000 -9.4% $121 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $160,000 -5.9% $133 / Sq Ft
07/27/2020 07/27/20 Price Changed $170,000 -5.5% $142 / Sq Ft
07/05/2020 07/05/20 For Sale $179,900 -- $150 / 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 $1,218 $178,937 $11,700 $167,237
2023 $1,218 $178,937 $11,700 $167,237
2022 $1,029 $119,088 $9,900 $109,188
2021 $987 $119,088 $9,900 $109,188
2020 $631 $73,061 $9,900 $63,161
2019 $366 $38,444 $9,900 $28,544
2018 $363 $38,060 $9,900 $28,160
2017 $361 $38,060 $9,900 $28,160
2016 $349 $38,060 $9,900 $28,160
2015 $346 $38,060 $9,900 $28,160
2014 $344 $38,060 $9,900 $28,160
2013 $344 $38,060 $9,900 $28,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3637779

Canopy MLS (Canopy Realtor® Association)

APN: 1847