212 Pete Brittain Rd Morganton, NC 28655

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2 beds · 1 bath · 1,144 sq ft · Lot Size: 27,878 sq ft · Single Family Home · Salem
Est. Property Value: $72,157
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212 Pete Brittain Rd is in the Salem neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 1956 and is approximately 69 years old. The single family home spans 1144 sq ft with 2 bedrooms and 1 bathroom and sits on a 27878 sq ft lot. According to public records, it was last sold in 2013 for $83,000 and has a tax-assessed value of $103,252, which is $63 per sq ft. The Salem area of Morganton has 199 residential homes with an average size of 980 sq ft. Analyze and compare real estate investment strategies for properties like this home at 212 Pete Brittain Rd Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 212 Pete Brittain Rd

The property has a current estimated value of $72,157, which is 44% below the neighborhood median, based on public records. It last sold on September 26, 2013 for $83K. Projected long-term
is $21,600 annually ($1,800 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 212 Pete Brittain Rd

This property is owned by Forrest B Clark. Owner contact information includes 3 phone numbers.

Property Owners

Cell Phone(704) ***-****View Cell Phone
Residence*************
Landline(828) 437-2733
Distance from Property**********

Property Ownership Information

Purchase DateSeptember 26, 2013
Property Tax Amount$740 in 2024
Purchase Price$83,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 65
Resident 2*************** age 66

Property Details for 212 Pete Brittain Rd

Property Details

Property Sq Ft

Living Area

1,144 sq ft

17% above market

Lot Size

27,878 sq ft

31% above market

Price Per Sq Ft

Living Area

$63 / sq ft

44% below market

Lot Size Area

$3 / sq ft

54% below market

Property condition, age, exterior, etc. for 212 Pete B…
Longitude: -81.694231 Latitude: 35.699206 Parcel Number (APN): 2933…
Mortgage originated on through lender: Branch Bkng & Tr Co for$*****View Mortgage Details

Recommended Properties in Salem

Discover more single family homes near 212 Pete Brittain Rd in Morganton, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 212 Pete Brittain Rd in Burke County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$72,157
$171,003
-$98,846 (-58%)
$274,494
-$173,890 (-63%)
YoY Price Change
2.5%
-76%
Year Built
1956
1962
-6 years
Living Space
1,144 sq ft
1,100 sq ft
44 (4%)
$ Per Living Sq Ft
$63
$148
-$85 (-57%)
Lot Size
27,878 sq ft
16,553 sq ft
11325 (68%)
$ Per Lot Sq Ft
$3
$9
-$6 (-71%)

Net Operating Income
$16,080
$1,346 (8%)
Annual Revenue
$21,600
$21,000
$600 (3%)
$5,027
-$853 (-17%)
Net Operating Income
$16,080
$1,346 (8%)
Cap Rate
9.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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