2475 Christopher Rd Morganton, NC 28655

3 beds · 2 baths · 1,794 sq ft · Lot Size: 33,977 sq ft · Single Family Home
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2475 Christopher Rd is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 1994 and is approximately 31 years old. The single family home spans 1794 sq ft with 3 bedrooms and 2 bathrooms and sits on a 33977 sq ft lot. According to public records, it was sold for $93,000. Analyze and compare real estate investment strategies for properties like this home at 2475 Christopher Rd Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 2475 Christopher Rd

The property has a current estimated value of $210,733, which is 2% below the zip median, based on public records. It last sold for $93,000. Projected long-term
is $24,600 annually ($2,050 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$24,600 per year($2,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 2475 Christopher Rd

This property is owned by John G Spencer. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(469) ***-****
Residence*************
Landline(256) 351-8620+ 7 more
Distance from Property**********
Email Address*******@hotmail.com
Cell Phone(336) ***-****
Residence*************
Landline(336) 292-0974+ 3 more
Distance from Property**********
Email Address**************@yahoo.com

Property Ownership Information

Property Tax Amount$1,401 in 2024
Purchase Price$93,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2************** age 65
Resident 3************************ age 62

Property Details for 2475 Christopher Rd

Property Details

Property Sq Ft

Living Area

1,794 sq ft

Compare to 28655

Lot Size

33,977 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$117 / sq ft

Compare to 28655

Lot Size Area

$6 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 2475 Chris…
Longitude: -81.644005 Latitude: 35.670795 Parcel Number (APN): 49264…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Market Benchmarks

Compare data for 2475 Christopher Rd in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$210,733
$275,142
-$64,410 (-23%)
$398,141
-$60,834 (-15%)
YoY Price Change
Year Built
1994
1990
4 years
Living Space
1,794 sq ft
1,589 sq ft
205 (13%)
$ Per Living Sq Ft
$117
$169
-$51 (-30%)
Lot Size
33,977 sq ft
20,473 sq ft
13504 (66%)
$ Per Lot Sq Ft
$6
$17
-$10 (-63%)

Net Operating Income
$17,038
$1,327 (8%)
Annual Revenue
$24,600
$22,800
$1,800 (8%)
$5,773
$462 (8%)
Net Operating Income
$17,038
$1,327 (8%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians