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$414,999

Beds
3
Baths
2.0
sq ft
1,870

111 Baxter Street, Morganton, NC 28655

111 Baxter Street

Morganton, NC 28655

  • 51 days on market
    • Price drop $4,001↓
Nestled in a quiet neighborhood in the sought after Town of Drexel, this home is move-in ready & that’s an understatement. The seller is kindly leaving (3) bed sets & (2) couches (locally made), (2) TVs & much more. Entertain in the spacious kitchen then slide onto the covered deck for privacy or soak up the sun on the new uncovered deck. With a large fenced-in yard, & almost an acre of land, the outdoor possibilities are endless. The basement features a full finished bath, & an additional room equipped with a wood burning stove (previous owners used as a 4th bedroom). This home is located just a few minutes from the downtown streets of both Morganton & Valdese where you’ll find an array of restaurants, professional services, parks, & entertainment. I-40 is just minutes away & a short drive brings you to State Parks/Trails, skiing, hiking, thousands of acres of the Pisgah National Forest, & the Blue Ridge Pky. Updates: Roof 2023/HVAC 2019/Driveway 2023/Deck 2023/Flooring & Paint 2023.

Details

Property type

Single Family Residence

Est. home value

$289,587

Lot size

Unknown

Price per sq ft

$222

Year built

1956

Price History

02/03/2025
CanopyMLS

CanopyMLS #4209650

Price change
$414,999
-0.95%
01/03/2025
CanopyMLS

CanopyMLS #4209650

Listed
$419,000
+48.06%
07/14/2023
CanopyMLS

CanopyMLS #4037794

Sold
$283,000
+105.07%

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

$214,826
Asking price
$414,999
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$166,973
Cash to seller
$214,826

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

Seller’s Loan History

Lender

First Citizens Bank And Trust Co Inc

Loan start date

July 2023

Original loan amount

$170,000

Est. remaining balance

$166,973

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Cameron Nelson

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: 02/23/2025 at 9:00 PM

Listing updated: 02/03/2025 at 8:29 AM

Listed by: Joe Blumetti, Fonta Flora Realty Phone #: (828) 391-5151

MLS: CanopyMLS #4209650

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