M
Seller's Agent in 2019
Matt Crotts
Nest Realty Morganton
(828) 413-9247
9 in this area
67 Total Sales
658 Settlemyre Rd Morganton, NC 28655
Estimated Value: $285,000 - $346,000
3
Beds
2
Baths
--
Sq Ft
1.97
Acres
Highlights
- Shed
- Drexel Elementary School Rated 9+
- Level Lot
About This Home
As of April 2019A Duplex and 4 single wide mobile homes sitting on 1.97 acres with a 24x36 metal storage building. Bringing in gross income of $33,000 per year. Each tenant pays their own power bills. Units have range /oven, fridge, washer dryer connections. Park pays for water ($120 per month), trash removal, and electrical on storage building and street lights ($33 a month). Combined rents are $2750 per month. All units are on Drexel sewer and 5 units are on Town of Valdese water. One unit is on a shared well with the adjoining park.
Last Agent to Sell the Property
Nest Realty Morganton License #296868 Listed on: 10/15/2018
Property Details
Home Type
- Manufactured Home
Year Built
- Built in 1961
Lot Details
- 1.97
Additional Features
- Laminate Flooring
- Crawl Space
- Shed
- Level Lot
Listing and Financial Details
- Tenant pays for cable, electric heat, electricity
- Rent includes exterior maintenance, garbage pick-up, outdoor lighting, sewer, water
- Assessor Parcel Number 2724128941
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2018
Closed on
Apr 17, 2019
Sold by
Crotts Matthew Landon and Crotts Samantha B
Bought by
Yt Rentals Llc
Seller's Agent
Matt Crotts
Nest Realty Morganton
Buyer's Agent
Elizabeth Thao
EXP Realty LLC Mooresville
List Price
$225,000
Sold Price
$175,000
Premium/Discount to List
-$50,000
-22.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,751
Avg. Annual Appreciation
9.92%
Original Mortgage
$140,000
Outstanding Balance
$123,828
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$197,923
Purchase Details
Closed on
Nov 27, 2017
Sold by
Eller Laura Hunt
Bought by
Crotts Matthew Landon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2012
Sold by
Hunt Carl Samuel
Bought by
Hunt Carl Samuel and Eller Laura Hunt
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yt Rentals Llc | $175,000 | None Available | |
| Crotts Matthew Landon | $150,000 | None Available | |
| Hunt Carl Samuel | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yt Rentals Llc | $140,000 | |
| Previous Owner | Crotts Matthew Landon | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $175,000 | -7.8% | -- |
| 02/12/2019 02/12/19 | Pending | -- | -- | -- |
| 01/24/2019 01/24/19 | Price Changed | $189,900 | -5.0% | -- |
| 12/31/2018 12/31/18 | Price Changed | $199,900 | +8.1% | -- |
| 12/26/2018 12/26/18 | Price Changed | $184,900 | -7.5% | -- |
| 12/05/2018 12/05/18 | Price Changed | $199,900 | -9.1% | -- |
| 11/13/2018 11/13/18 | Price Changed | $219,900 | -2.3% | -- |
| 10/15/2018 10/15/18 | For Sale | $225,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,648 | $236,377 | $24,674 | $211,703 |
| 2023 | $1,648 | $236,377 | $24,674 | $211,703 |
| 2022 | $1,233 | $148,959 | $21,511 | $127,448 |
| 2021 | $1,227 | $148,959 | $21,511 | $127,448 |
| 2020 | $1,223 | $148,959 | $21,511 | $127,448 |
| 2019 | $1,223 | $148,959 | $21,511 | $127,448 |
| 2018 | $1,149 | $139,379 | $21,511 | $117,868 |
| 2017 | $1,147 | $139,341 | $21,511 | $117,830 |
| 2016 | $1,121 | $139,341 | $21,511 | $117,830 |
| 2015 | $1,118 | $139,341 | $21,511 | $117,830 |
| 2014 | $1,472 | $139,341 | $21,511 | $117,830 |
| 2013 | $1,453 | $139,341 | $21,511 | $117,830 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Crotts
-
Elizabeth Thao
Buyer's Agent in 2019
Elizabeth Thao
EXP Realty LLC Mooresville
(828) 391-9666
70 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3444036
APN: 4234
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