NOT LISTED FOR SALE

707 W Union St Morganton, NC 28655

Estimated Value: $305,000 - $410,555

3 Beds
2 Baths
1,642 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $222,500 $136 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,158/month

259 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Robert L. Patton High School Rated A-
  • No HOA
  • Front Porch

About This Home

As of June 2020

Great location for this unique property. Stone Cottage that has been very well maintained. Interior is filled with charm and beauty with vaulted ceilings and exposed beams. Master is on main level, with two additional bedrooms and full bath on upper level. Plenty of storage throughout home. Home is surrounded by extensive rock work, with a huge patio in the back yard that is great for entertaining. Within walking distance to Downtown Morganton, Martha's Park and Catawba Meadows. Driveway has access to West Union Street as well as Asheville Street.

Last Agent to Sell the Property

Rhonda Edge

Edge Real Estate Services Brokerage Email: rhondaedge@yahoo.com License #236000 Listed on: 07/31/2019

Last Buyer's Agent

Elizabeth Putnam

Mosaic Community Lifestyle Realty License #244183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1933

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 75x204x90x177
  • Property is zoned Burke

Parking

  • 2 Car Detached Garage
  • Basement Garage

Home Design

  • Composition Roof
  • Stone Siding
  • Radon Mitigation System

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Forest Hill Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1793843227

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1933
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.51
  • Attribution Contact: rhondaedge@yahoo.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 944
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 282
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 304
  • Sq Ft Unheated Upper: 22
  • Sq Ft Upper: 450
  • Appliances: Electric Water Heater
  • Above Grade Finished Sq Ft: 1394
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 248
  • Fireplace Features: Wood Burning, Other - See Remarks
  • Living Area: 1642
  • Bedroom Main: 1
  • Room Count: 10
  • Sq Ft Other: 0
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Stone
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air, Natural Gas, Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Security: Radon Mitigation System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: None

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Parcel Number: 1793843227
  • Development Status: Completed
  • Lot Size Acres: 0.37
  • Lot Size: 75x204x90x177
  • Lot Size Sq Ft: 16117
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Forest Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jun 1, 2020
Sold by
Ardison Matthew T and Ardison Sasha
Bought by
Morgan Samuel Monroe
Seller's Agent
Rhonda Edge
Edge Real Estate Services
Buyer's Agent
Elizabeth Putnam
Mosaic Community Lifestyle Realty
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Current Estimated Value
$361,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,389
Avg. Annual Appreciation
7.75%
Original Mortgage
$218,457
Outstanding Balance
$196,105
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$130,497

Purchase Details

Listed on
Apr 4, 2011
Closed on
Apr 26, 2012
Sold by
Lowe Donald B and Lowe Valerie B
Bought by
Ardison Matthew T
List Price
$193,500
Sold Price
$193,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$188,594
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sirva Relocation Llc
Bought by
Lowe Donald B and Lowe Valerie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,388
Interest Rate
5.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Morgan Samuel Monroe $222,500 None Available
Ardison Matthew T $193,500 None Available
Lowe Donald B $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Samuel Monroe $9,905
Open Morgan Samuel Monroe $18,352
Open Morgan Samuel Monroe $218,457
Previous Owner Ardison Matthew T $188,594
Previous Owner Lowe Donald B $166,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $222,500 -2.8% $136 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $229,000 -2.6% $139 / Sq Ft
02/03/2020 02/03/20 For Sale $235,000 +5.6% $143 / Sq Ft
01/31/2020 01/31/20 Off Market $222,500 -- --
09/26/2019 09/26/19 Price Changed $235,000 -6.0% $143 / Sq Ft
08/08/2019 08/08/19 Price Changed $250,000 -5.7% $152 / Sq Ft
07/31/2019 07/31/19 For Sale $265,000 +37.0% $161 / Sq Ft
04/26/2012 04/26/12 Sold $193,500 0.0% $93 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
04/04/2011 04/04/11 For Sale $193,500 -- $93 / 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 $1,834 $310,847 $37,000 $273,847
2023 $1,829 $310,847 $37,000 $273,847
2022 $1,473 $200,128 $37,000 $163,128
2021 $1,467 $200,128 $37,000 $163,128
2020 $1,473 $201,631 $37,000 $164,631
2019 $1,473 $201,631 $37,000 $164,631
2018 $1,392 $189,883 $37,000 $152,883
2017 $1,390 $189,883 $37,000 $152,883
2016 $1,356 $189,883 $37,000 $152,883
2015 $1,353 $189,883 $37,000 $152,883
2014 $1,352 $189,883 $37,000 $152,883
2013 $1,352 $189,883 $37,000 $152,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3533318

Canopy MLS (Canopy Realtor® Association)

APN: 1107