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Burke 28655
100 Quail Drive
$274,000
● House - Off Market

100 Quail Drive

Morganton, NC 28655
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,303 Ft²
$1,326
Est. Monthly

About This Property

Fantastic deal in this 3-bed/2-bath home with a finished flex room offering a 4th bedroom/family room. Located less than 3 mins from I-40 (EXIT 100) and 10 mins to downtown Morganton. Great level corner lot in a small established neighborhood without city taxes! LVP hardwoods and tile throughout, along with an open-concept living, kitchen, and dining area. All 3 bedrooms are of ample size with good closet space. The primary bedroom offers a full stylish bath. Open kitchen with SS appliances, solid surface counters, and tile backsplash. Fresh interior paint, new water heater, and two newer central air systems (2023/2024).
Unit Size
1,303 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (CANOPYMLS #CAR4219155)

Price History

Date / Event Date Event Price
Apr 1, 2025 Sold
Premium
Sold
Feb 20, 2025 In contract -
In contract
Feb 13, 2025 Listed by WNC Real Estate at Lake James $269,900
Listed by WNC Real Estate at Lake James
Dec 23, 2018 No longer available -
No longer available
Dec 18, 2018 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 9
  • Basement Area: 288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUAIL HOLLOW SUBDIVISION
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • Legal Description 1: 100 QUAIL DR MORGANTON, NC 28655

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: WEST END FD TAX
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 020303

Zoning

  • Zoning: RESIDENTIA

Geography

  • District: 105
  • Parcel: 39415
  • Municipality: SILVERCREEK
  • Latitude: 35.7141
  • Longitude: -81.763

    Address

  • Full Address: 100 Quail Dr
  • Address - House Number: 100
  • Address - Street Name: Quail
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Morganton
  • Carrier Code: R021
  • 4-Digit Zip Code: 7204
  • Zip Code: 28655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $137,926
  • Tax Rate Code Area: 5015

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 164,547
  • High Value: 221,092
  • Low Value: 108,001

    Market Valuation

  • Market Total Value: $197,139
  • Market Land Value: $19,000
  • Market Improvement Value: $178,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,139
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $178,139

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017022989
  • Previous Sale Recording Date: Aug 16, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Amount: $61,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burke

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

61

Average Home Size

2002 ft²

Average Home Age

-

Currently For Sale

361 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Christie Leonard, WNC Real Estate at Lake James
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4219155
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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.

Frequently Asked Questions

When was property at 100 Quail Drive built and last sold?
The property at 100 Quail Drive was built in 1983 and last sold on Dec 18, 2018 for $144,500.
How much is this home worth?
The estimated value of the home located at 100 Quail Drive is $0.
What are some comparable homes to 100 Quail Drive?
There are currently no comparable homes to 100 Quail Drive.
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