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113 Colony Drive

113 Colony Drive, Morganton, NC 28655
Property in Burke
Sold Apr 18, 2016
$155,000
$147,250 by First Citizens Bank & Trust Co
Mortgage Due May 01, 2046
Sold Jun 17, 2014
$135,254
113 Colony Drive in Morganton, NC was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 113 Colony Drive has 2,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,682 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 15, 2016 for $155,000. That's $63.32 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2013 for $135,254. 113 Colony Drive was last assessed in 2023. The total value of the property was assessed at $192,617. Specifically, the land the property is located on was valued at $16,200. While improvements on the property were assessed at a total of $176,417. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,167. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,224
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY TERRACE SUBDIVISION
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 113 COLONY DR MORGANTON, NC 28655

Ownership

  • Current Owner : JACOBSEN ERIC A
  • Previous Owner : MIS THOMAS LEONARD
  • Previous Owner 2: MIS AUDREY MARY
  • Owner Before Previous Owner: HAPPOLDT ANNIE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: BURKE COUNTY LA
  • School Tax District Code 2: BURKE COUNTY TA
  • Census Tract: 021400

Zoning

  • Zoning: MEDIUM INT

Geography

  • District: 101
  • Parcel: 2967
  • Municipality: MORGANTON
  • Latitude: 35.7359
  • Longitude: -81.7002

    Address

  • Full Address: 113 Colony Dr
  • Address - House Number: 113
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Morganton
  • Carrier Code: C006
  • 4-Digit Zip Code: 4313
  • Zip Code: 28655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,167
  • Tax Rate Code Area: 1104

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 346,436
  • High Value: 465,486
  • Low Value: 227,385

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,250
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 18, 2016
  • First Open Lien Mortgage Loan Amount: $147,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2046
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Aug 29, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $192,617
  • Market Land Value: $16,200
  • Market Improvement Value: $176,417

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,617
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $176,417

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: Apr 18, 2016
  • Current Sale Transaction ID: 1556156248
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016003124
  • Previous Sale Recording Date: Jun 17, 2014
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $135,254
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 18, 2016
  • First Mortgage Loan Amount: $147,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

About Morganton



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Frequently Asked Questions

What neighborhood is 113 Colony Drive located in?
The 113 Colony Drive is a located in the neighborhood of Burke in Morganton, Morganton.
What is the average sales price for listings in 113 Colony Drive?
The average sales price for units in 113 Colony Drive is $0 currently.

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