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509 Collett Street

509 Collett Street, Morganton, NC 28655
Property in Burke
Sold Jul 18, 2013
$237,000
$280,000 by Morganton Savings Bank, S.s.b.
Mortgage Due Sep 01, 2036
509 Collett Street in Morganton, NC was first built in 1942 and is 82 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 1 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 509 Collett Street has 4,445 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 35,719 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. 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, 509 Collett Street sold most recently in Jul 17, 2013 for a total of $237,000. If you work out the math, that's approximately a cost of $53.32 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 $3,135 in taxes each year. The initial year of tax delinquency occurred in 2021. 509 Collett Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $544,046. If we break it down further, the land itself was valued at $52,705. Improvements to the property, however, were assessed at a total of $491,341. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1942
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,417
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,719
  • Total Building Area: 4,445
  • Building Area: 4,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.82
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 509 COLLETT ST MORGANTON, NC 28655

Ownership

  • Current Owner : BENNETT MARK RICHARD
  • Current Owner 2: BENNETT SANDRA CHILDERS
  • Previous Owner : LACHOT WILLIS H
  • Previous Owner 2: LACHOT CAROL D
  • 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: 020500

Zoning

  • Zoning: LOW INTENS

Geography

  • District: 101
  • Parcel: 6554
  • Municipality: MORGANTON
  • Latitude: 35.7425
  • Longitude: -81.6949

    Address

  • Full Address: 509 Collett St
  • Address - House Number: 509
  • Address - Street Name: Collett
  • Address - Suffix Type: St
  • State: NC
  • City Name: Morganton
  • Carrier Code: C004
  • 4-Digit Zip Code: 3740
  • Zip Code: 28655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,135
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1071

    Appraisal Valuation

  • Standard Deviation: 0.2585
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 616,234
  • High Value: 775,584
  • Low Value: 456,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: MORGANTON SAVINGS BANK, S.S.B.
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $544,046
  • Market Land Value: $52,705
  • Market Improvement Value: $491,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $544,046
  • Assessed Land Value: $52,705
  • Assessed Improvements Value: $491,341

    Sales

  • Current Sale Contract Date: Jul 17, 2013
  • Current Sale Recording Date: Jul 18, 2013
  • Current Sale Transaction ID: 1196592887
  • Current Sale Price: $237,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013006723

    Last Sale Mortgage

  • First Mortgage Lender: BARRONS MORTGAGE GROUP LTD
  • First Mortgage Transaction Date: Jul 18, 2013
  • First Mortgage Loan Amount: $189,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2028

About Morganton



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Frequently Asked Questions

What neighborhood is 509 Collett Street located in?
The 509 Collett Street is a located in the neighborhood of Burke in Morganton, Morganton.
What is the average sales price for listings in 509 Collett Street?
The average sales price for units in 509 Collett Street is $0 currently.

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