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115 Cemetery Street

115 Cemetery Street, Morganton, NC 28655
Property in Burke
Sold Jul 15, 2020
$90,000
$65,000 by State Employees Cu
Mortgage Due Aug 01, 2040
Local assessors in Morganton, NC have categorized 115 Cemetery Street as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 40,946 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 115 Cemetery Street has a total of 1,176 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 115 Cemetery Street sold most recently in Jul 15, 2020 for a total of $90,000. If you work out the math, that's approximately a cost of $76.53 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,124 in taxes each year. 115 Cemetery Street was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $102,911. If we break it down further, the land itself was valued at $19,418. Improvements to the property, however, were assessed at a total of $83,493. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 1,176
  • Garage Type: Carport
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,176
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THOMAS SIMPSON LAND
  • Land Acres: 0.94
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOWERY JESSICA ANN
  • Current Owner 2: LOWERY DORIS
  • Previous Owner : BRITTAIN PATRICIA PERKINS
  • Previous Owner 2: BRITTAIN GEORGE
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: GLEN ALPINE TAX
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 020301

Zoning

  • Zoning: R-20

Geography

  • District: 105
  • Parcel: 0025108
  • Municipality: SILVERCREEK
  • Latitude: 35.7267
  • Longitude: -81.7884

    Address

  • Full Address: 115 Cemetery St
  • Address - House Number: 115
  • Address - Street Name: Cemetery
  • Address - Suffix Type: St
  • State: NC
  • City Name: Morganton
  • Carrier Code: R002
  • 4-Digit Zip Code: 7734
  • Zip Code: 28655

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $1,124
  • Tax Rate Code Area: 5010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jul 15, 2020
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2040

    Market Valuation

  • Market Total Value: $102,911
  • Market Land Value: $19,418
  • Market Improvement Value: $83,493

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $102,911
  • Assessed Land Value: $19,418
  • Assessed Improvements Value: $83,493

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11773790280
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017042362

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 15, 2020
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2040

About Glen Alpine



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 115 Cemetery Street located in?
The 115 Cemetery Street is a located in the neighborhood of Burke in Glen Alpine, Morganton.
What is the average sales price for listings in 115 Cemetery Street?
The average sales price for units in 115 Cemetery Street is $0 currently.

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