169 Oakdale Dr Morganton, NC 28655

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3 beds · 2 baths · 2,409 sq ft · Lot Size: 27,007 sq ft · Single Family Home · Salem
Est. Property Value: $158,099

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169 Oakdale Dr 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 1968 and is approximately 57 years old. The single family home spans 2409 sq ft with 3 bedrooms and 2 bathrooms and sits on a 27007 sq ft lot. According to public records, it was last sold in 2020 for $220,000 and has a tax-assessed value of $239,918, which is $66 per sq ft. The Salem area of Morganton has 703 residential homes with an average size of 1512 sq ft. Analyze and compare real estate investment strategies for properties like this home at 169 Oakdale Dr Morganton, NC 28655 with Property Intel by Whitepages.

169 Oakdale Dr

Morganton, NC 28655

Neighborhood

Owners & Occupancy for 169 Oakdale Dr

This property is owned by James A Orton. Owner contact information includes 3 phone numbers and 4 email addresses.

Property Owners

OccupationRetired, Beechcraft
Cell Phone(785) ***-****View Cell Phone
Residence*************
Landline(785) 827-5281
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********** age 91
Resident 2************* age 91
Resident 3************ age 66

Property Financials for 169 Oakdale Dr

169 Oakdale Dr, Morganton, NC has no known mortgage. The Burke county assessment for 2024 values it at $239,918, with annual taxes of $1,603.

Property Tax

Purchase DateJune 24, 2020
Property Tax Amount$1,603 in 2024
Purchase Price$220,000
Assessed Value$239,918 on 2024

Investment Potential for 169 Oakdale Dr

The property has a current estimated value of $158,099, which is 21% below the neighborhood median, based on public records. It last sold on June 24, 2020 for $220K. Projected long-term
is $42,600 annually ($3,550 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$42,600 per year($3,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Property Details for 169 Oakdale Dr

Property Details

Property Sq Ft

Living Area

2,409 sq ft

59% above market

Lot Size

27,007 sq ft

9% above market

Price Per Sq Ft

Living Area

$66 / sq ft

50% below market

Lot Size Area

$6 / sq ft

22% below market

Property condition, age, exterior, etc. for 169 Oakdal…
Longitude: -81.685583 Latitude: 35.698512 Parcel Number (APN): 1048…

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Discover more single family homes near 169 Oakdale Dr 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 169 Oakdale Dr in Burke County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$158,099
$257,944
-$99,846 (-39%)
$368,113
-$147,685 (-40%)
YoY Price Change
2.32%
-5%
Year Built
1968
1990
-22 years
Living Space
2,409 sq ft
1,590 sq ft
819 (52%)
$ Per Living Sq Ft
$66
$158
-$92 (-58%)
Lot Size
27,007 sq ft
20,473 sq ft
6534 (32%)
$ Per Lot Sq Ft
$6
$12
-$6 (-51%)

Net Operating Income
$18,197
$15,914 (87%)
Annual Revenue
$42,600
$25,200
$17,400 (69%)
$6,673
$1,816 (27%)
Net Operating Income
$18,197
$15,914 (87%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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