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$372,000

Beds
2
Baths
2.0
sq ft
1,525

406 Lenoir Street, Morganton, NC 28655

406 Lenoir Street

Morganton, NC 28655

  • 17 days on market
Step into this beautifully updated 1933 home, where timeless character meets modern convenience. Nestled in the foothills of Western North Carolina and short distance from downtown Morganton, this one-level gem offers 2 bedrooms, 2 baths, and an extra flex room—perfect for an office or craft room. Enjoy morning coffee on the inviting covered front porch or relax on the back deck. Improvements since September, 2021 include a brand-new HVAC system, tankless water heater, carport, gutters, and more! Full list of improvements is available. Shed and storage. Don't miss this move-in-ready home with a perfect blend of charm and functionality. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$325,917

Lot size

Unknown

Price per sq ft

$244

Year built

1933

Price History

02/06/2025
CanopyMLS

CanopyMLS #4219597

Listed
$372,000
+25.68%
09/07/2021
CanopyMLS

CanopyMLS #3765832

Sold
$296,000

Schools & Community

Elementary school: 

Mountain View

Middle school: 

Walter Johnson

High school: 

Freedom

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

$126,247
Asking price
$372,000
Closing costs (~8% of asking)
-$29,760
Est. remaining loan balance
-$215,993
Cash to seller
$126,247

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2021

Original loan amount

$233,600

Est. remaining balance

$215,993

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

John Michael Foster and Roberta M Foster

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 11:05 PM

Listing updated: 02/07/2025 at 5:05 AM

Listed by: Laura Ervin Mulwee, Berkshire Hathaway HomeServices Blue Ridge REALTORS® Phone #: (828) 438-3660

MLS: CanopyMLS #4219597

CanopyMLS logo

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