Check Availability

140 Morgan Drive

140 Morgan Drive, Zebulon, NC 27597
Property in Franklin
Sold Jun 20, 2016
$120,000
$122,580 by Navy Fcu
Mortgage Due Jul 01, 2046
Sold Jul 22, 1999
$92,000
Buyer
Local assessors in Zebulon, NC have categorized 140 Morgan Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 33,977 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 140 Morgan Drive has a total of 832 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 832 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 well 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 gable style roof that was made of asphalt. Lots of materials we are unsure of 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 air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 140 Morgan Drive was last sold in Jun 14, 2016 for $120,000. According to our calculations, that's $144.23 per sqft. Prior to that sales transaction, the property was sold for $92,000 in Jul 22, 1999. Current property owners are expected to pay $1,239 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 140 Morgan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $128,650. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $106,650. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 832
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 832
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MORGAN WOODS III LOT
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRF 3 SL 93/230

Ownership

  • Current Owner : HYMAN KEVIN MICHAEL
  • Current Owner 2: HYMAN ESTHER ELIZABETH
  • Previous Owner : TOMS PRISCILLA RENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060802

Zoning

  • Zoning: FCO R-30

Geography

  • District: 101
  • Parcel: 028385
  • Lot: 15
  • Municipality: DUNN
  • Latitude: 35.8687
  • Longitude: -78.2321

    Address

  • Full Address: 140 Morgan Dr
  • Address - House Number: 140
  • Address - Street Name: Morgan
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Zebulon
  • Carrier Code: R085
  • 4-Digit Zip Code: 5959
  • Zip Code: 27597

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,239
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: PLTF

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 64
  • Final Value: 261,655
  • High Value: 327,952
  • Low Value: 195,357

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,580
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jun 20, 2016
  • First Open Lien Mortgage Loan Amount: $122,580
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $128,650
  • Market Land Value: $22,000
  • Market Improvement Value: $106,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,650
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $106,650

    Sales

  • Current Sale Contract Date: Jun 14, 2016
  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Transaction ID: 1907836210
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 22, 1999
  • Previous Sale Contract Date: Jul 22, 1999
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Jun 20, 2016
  • First Mortgage Loan Amount: $122,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2046

About Franklin



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 140 Morgan Drive located in?
The 140 Morgan Drive is a located in the neighborhood of Franklin in Franklin, Zebulon.
What is the average sales price for listings in 140 Morgan Drive?
The average sales price for units in 140 Morgan Drive is $0 currently.

Quantcast