NOT LISTED FOR SALE

734 N Drexel Rd Morganton, NC 28655

Drexel Area

Estimated Value: $145,678

2 Beds
1 Bath
824 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2020

Last sale price $53,500 $65 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $882 / mo

156 Days on Market

About This Home

As of September 2020

INVESTORS SPECIAL! Become a landlord tomorrow with this great buy. Home is ready for tenants with very little needed maintenance. Great location. Great price. Ready for you. Basement has a TON of space. One area is paneled and the other does have block walls but plenty of opportunity as there is already a bonus room and closets there.

Last Agent to Sell the Property

Damion Patton

Patton & Belote Realty License #281466 Listed on: 02/12/2020

Last Buyer's Agent

Lori Sahling

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #312398

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.48

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Additional Features

  • 1 Full Bathroom
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2724644946

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.48 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.82435
  • Ratio Current Price By Acre: 111458.33
  • Ratio Current Price By Sq Ft: 64.93
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 824
  • Total Sq Ft: 824
  • Sq Ft Unheated Basement: 500
  • Sq Ft Unheated Total: 500

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Oil Hot Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 2724644946
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 54765.00
  • Tax Location: Burke

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Sep 1, 2020
Sold by
Lowman Teresa
Bought by
Seller's Agent
Damion Patton
Patton & Belote Realty
Buyer's Agent
Lori Sahling
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$53,500
Sold Price
$53,500
Current Estimated Value
$145,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,178
Avg. Annual Appreciation
18.14%
Original Mortgage
$55,500
Outstanding Balance
$49,450
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$96,228
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Morganton, NC

  • Ameliah Davidson Real Estate Agent - GreyBeard Realty

    Ameliah Davidson

    GreyBeard Realty

    (828) 484-0239

    114 Total Sales

    1 in Drexel

    $239,900 Price

    Ameliah Davidson
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  • Sarah Benfield Real Estate Agent - Home & Heart Realty, LLC

    Sarah Benfield

    Home & Heart Realty, LLC

    (828) 624-3793

    46 Total Sales

    1 in Drexel

    $132,000 Price

    Sarah Benfield
     Section Image
  • Dave Dribbon Real Estate Agent - GreyBeard Realty

    Dave Dribbon

    GreyBeard Realty

    (828) 655-7946

    81 Total Sales

    1 in Drexel

    $47,000 Price

    Dave Dribbon
     Section Image
  • Chris Gettys Real Estate Agent - EXP Realty LLC Mooresville

    Chris Gettys

    EXP Realty LLC Mooresville

    (828) 523-8674

    141 Total Sales

    1 in Drexel

    $215,000 Price

    Chris Gettys
     Section Image
  • Kim Heavner Real Estate Agent - Premier South

    Kim Heavner

    Premier South

    (980) 842-7113

    67 Total Sales

    1 in Drexel

    $280,500 Price

    Kim Heavner
     Section Image
  • Elaine Register Real Estate Agent - True North Realty

    Elaine Register

    True North Realty

    (813) 761-2984

    33 Total Sales

    1 in Drexel

    $279,000 Price

    Elaine Register
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$54,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $55,500
Previous Owner Farnsworth Roderick O $59,792
Previous Owner Farnsworth Roderick O $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $53,500 0.0% $65 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $53,500 0.0% $65 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $53,500 -9.2% $65 / Sq Ft
03/16/2020 03/16/20 Price Changed $58,900 -1.8% $71 / Sq Ft
03/05/2020 03/05/20 Price Changed $60,000 -7.6% $73 / Sq Ft
03/03/2020 03/03/20 For Sale $64,900 0.0% $79 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $64,900 -- $79 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $632 $82,490 $14,112 $68,378
2024 $632 $82,490 $14,112 $68,378
2023 $632 $82,490 $14,112 $68,378
2022 $524 $57,133 $9,600 $47,533
2021 $518 $57,133 $9,600 $47,533
2020 $546 $54,765 $9,600 $45,165
2019 $507 $54,765 $9,600 $45,165
2018 $506 $54,394 $9,600 $44,794
2017 $505 $54,394 $9,600 $44,794
2016 $493 $54,394 $9,600 $44,794
2015 $492 $54,394 $9,600 $44,794
2014 $493 $54,394 $9,600 $44,794
2013 $495 $54,394 $9,600 $44,794
Source: Public Records

Agents Affiliated with this Home

  • Damion Patton Real Estate Agent - Patton & Belote Realty

    Seller's Agent in 2020

    Damion Patton

    Patton & Belote Realty

    (828) 403-1756

    101 Total Sales

    Damion Patton
    Section Image
  • Lori Sahling Real Estate Agent - Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    Buyer's Agent in 2020

    Lori Sahling

    Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    (704) 651-0606

    22 Total Sales

    Lori Sahling
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3592004

Canopy MLS

APN: 11874

North Carolina Burke County Morganton 28655

734 N Drexel Rd, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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