Great opportunity to multiply equity – 3BD/3BA Brick Home with a Full Basement in Desirable Downtown Morganton! Encompassing 2,482 sq ft, this home has 3 Bedrooms & 2 Baths upstairs, solid hardwood floors, and a sound structure. There is both interior and exterior access to the basement, which holds the 2nd Kitchen, Spacious Den, 3rd Bathroom, and storage space. You can also save on the energy bill with 2 brick wood-burning fireplaces – one on each level! Located just off of W Union St, and just over a half mile from Historic Downtown Square, this home is a short walking distance to Downtown Morganton's vibrant shops, restaurants, and frequent festivities. With some TLC, this could be a beautiful primary residence and/or income-producing property in a prime location! Home is priced well below the price per square foot of nearby recent sales – don't miss this great opportunity!
Property Details
Property Features
Property Information:
Year Built: 1921
Living Area: 2,031 SqFt
Listing Office:
Office Name: Rusty Real Estate Inc
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Oven
Basement: Yes
Flooring Type: Linoleum, Tile, Vinyl, Wood
Interior: Other - See Remarks
Fireplace: Den, Living Room, Wood Burning
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: None
Parking Information:
Parking: Driveway, On Street, Other - See Remarks
Utilities
Utilities Information:
Heating: Electric, Radiant, Other
Cooling: Other
School Info
Assigned Schools Information:
Robert L. Patton High School, Public District Grades 9-12
Walter R Johnson Middle School, Public District Grades 6-8
Forest Hill Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $249,000
Price Per SqFt: $123/SqFt
Tax Information:
Annual Amount: $887
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Morganton, NC.
This property is $18.2K less than the Median Sold Price and $46/SqFt less than other homes in Morganton, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4114417
Listing Office:
Office Name: Rusty Real Estate Inc
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,310
Per Month
Principal & Interest
$1,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$813
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Forest Hill Elementary School
304 Ann St
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Middle School
5
/10
Walter R Johnson Middle School
701 Lenoir Rd
Distance between this listing and this school2.78 miles
Public District Grades 6-8
High School
7
/10
Robert L. Patton High School
701 Enola Rd
Distance between this listing and this school3.12 miles
Public District Grades 9-12
Assigned Schools
5
/10
Forest Hill Elementary School
304 Ann St
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
6
/10
Mountain Crest Elementary School
201 Tennessee St
Distance between this listing and this school1.35 miles
Public District Grades PK-5
7
/10
Mull Elementary School
1140 Old Nc 18
Distance between this listing and this school3.18 miles
Public District Grades PK-5
Assigned Schools
5
/10
Walter R Johnson Middle School
701 Lenoir Rd
Distance between this listing and this school2.78 miles
Public District Grades 6-8
Nearby Schools
8
/10
New Dimensions
550 Lenoir Rd
Distance between this listing and this school2.12 miles
Public Charter Grades KG-8
7
/10
Liberty Middle School
529 Enola Rd
Distance between this listing and this school2.59 miles
Public District Grades 6-8
Assigned Schools
7
/10
Robert L. Patton High School
701 Enola Rd
Distance between this listing and this school3.12 miles
Public District Grades 9-12
Nearby Schools
9
/10
Burke Middle College
1001 Burkemont Ave
Distance between this listing and this school1.43 miles
Public District Grades 11-12
4
/10
Freedom High School
511 Independence Blvd
Distance between this listing and this school1.47 miles
The neighbors living near this home have an average income of $81,250. Residents of Morganton, NC typically earn less than $35k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 109 N Anderson St
What is the listing price of this property?
The listing price of 109 N Anderson St property is $249,000.
What type of property is this?
The property 109 N Anderson St is a house located in Morganton, North Carolina, 28655.
Is this property for sale now?
Active Listing: 109 N Anderson St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 109 N Anderson St are: Forest Hill Elementary School: GreatSchools Rating 5/10Walter R Johnson Middle School: GreatSchools Rating 5/10Robert L. Patton High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $887 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 14, 2007 for $170,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 109 N Anderson St has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 109 N Anderson St is 2,031 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 109 N Anderson St is 1921.
This home is located at 109 N Anderson St in Morganton, NC and zip code 28655. This 2,031 square foot home was built in 1921. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $249,000.
Over 7 listings were sold over their listed price in March 2024 in Morganton, NC. In the same period over 17 listings were sold below the listed price and 9 listings were sold for the listed price. In March 2024 in Morganton, NC there were 23.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $267,212.
From Rocket Homes Real Estate and based on county public records data.