NOT LISTED FOR SALE

601 Salem Rd Morganton, NC 28655

Estimated Value: $224,033 - $245,000

2 Beds
2 Baths
1,200 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 09, 2020

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

Est. 63% increase in value since last sale

Current estimated payment $1,336/month

62 Days on Market

Highlights

  • Wooded Lot
  • Robert L. Patton High 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 License #294692

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 97x245x76x200
  • 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

0.45 Acres

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

Lot Info

  • Lot Dimension: 97x245x76x200
  • Lot Features: Cleared, Sloping, Trees, Wooded
  • 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
$236,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,508
Avg. Annual Appreciation
9.43%
Original Mortgage
$142,373
Outstanding Balance
$126,633
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$109,875

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $1,264 $178,937 $11,700 $167,237
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

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