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$235,000

Beds
2
Baths
1.0
sq ft
1,248

108 Powell Road, Morganton, NC 28655

108 Powell Road

Morganton, NC 28655

  • 63 days on market
    • Price drop $6,000↓
This charming bungalow in the Drexel Community of Burke County sounds like a cozy gem! With its adorable covered front porch, it offers the perfect spot to enjoy crisp fall mornings or unwind in the evening. The two bedrooms and one full bath make it a manageable yet comfortable space. The large kitchen with ample counter space and included appliances adds extra value for home seekers. Although less than 7 ft ceilings it has a bonus room heated and cooled upstairs offers flexibility—great for a home office, hobby space, or guest area. The covered rear porch adds even more outdoor living space with a storage building also conveying. Plus, with its convenient location near I-40, it's just a short drive to Hickory or Morganton, offering easy access to local amenities. This home is an ideal blend of charm and practicality!

Details

Property type

Single Family Residence

Est. home value

$209,120

Lot size

Unknown

Price per sq ft

$189

Year built

1934

Price History

11/17/2024
CanopyMLS

CanopyMLS #4193180

Price change
$235,000
-2.49%
10/21/2024
CanopyMLS

CanopyMLS #4193180

Listed
$241,000
+11.06%
04/28/2023
CanopyMLS

CanopyMLS #4008382

Sold
$217,000
+11.28%

Schools & Community

Elementary school: 

Drexel

Middle school: 

Heritage

High school: 

Jimmy C Draughn

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$796
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$215,404
Cash to seller
$796

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

April 2023

Original loan amount

$219,191

Est. remaining balance

$215,404

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Dustin Messer and Madison Price

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 9:35 AM

Listing updated: 11/26/2024 at 9:09 AM

Listed by: Curtis Baker, Carolina Properties of Western NC LLC Phone #: (828) 758-7474

MLS: CanopyMLS #4193180

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