2689 Mount Home Church Rd D Morganton, NC 28655

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4 beds · 2 baths · 1,792 sq ft · Lot Size: 25,700 sq ft · Multi-Family Home (2 - 4 units)
Est. Property Value: $219,873

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2689 Mount Home Church Rd D is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Multi-Family Home (2 - 4 units) was built in 1980 and is approximately 45 years old. The multi-family home (2 - 4 units) spans 1792 sq ft with 4 bedrooms and 2 bathrooms and sits on a 25700 sq ft lot. According to public records, it has a tax-assessed value of $213,954, which is $123 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2689 Mount Home Church Rd D Morganton, NC 28655 with Property Intel by Whitepages.

2689 Mount Home Church Rd D

Morganton, NC 28655

Owner Info

Owners & Occupancy for 2689 Mount Home Church Rd D

This property is owned by Angela D Steele. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(252) ***-****View Cell Phone
Residence**************
Landline(252) 519-4321
Distance from Property**********
Email Address******************@yahoo.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 2689 Mount Home Church Rd D

2689 Mount Home Church Rd D, Morganton, NC has no known mortgage. The Burke county assessment for 2024 values it at $213,954, with annual taxes of $1,527.

Property Tax

Property Tax Amount$1,527 in 2024
Assessed Value$213,954 on 2024

Investment Potential for 2689 Mount Home Church Rd D

The property has a current estimated value of $219,873, which is 24% above the zip median. Projected long-term rental income is $27,600 annually ($2,300 per month) with a 86% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in 28655.

Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Property Details for 2689 Mount Home Church Rd D

Property Details

Property Sq Ft

Living Area

1,792 sq ft

0% above market

Lot Size

25,700 sq ft

18% above market

Price Per Sq Ft

Living Area

$123 / sq ft

31% above market

Lot Size Area

$9 / sq ft

0% above market

Property condition, age, exterior, etc. for 2689 Mount…
Longitude: -81.639568 Latitude: 35.706241 Parcel Number (APN): 36387…

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Discover more multi-family homes near 2689 Mount Home Church Rd D 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 2689 Mount Home Church Rd D in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$219,873
$239,536
-$19,662 (-8%)
YoY Price Change
Year Built
1980
1974
6 years
Living Space
1,792 sq ft
1,956 sq ft
-164 (-8%)
$ Per Living Sq Ft
$123
$115
$8 (7%)
Lot Size
25,700 sq ft
11,761 sq ft
13939 (119%)
$ Per Lot Sq Ft
$9
$17
-$8 (-48%)

Net Operating Income
$22,037
-$1,269 (-6%)
Annual Revenue
$27,600
$30,000
-$2,400 (-8%)
$7,271
-$439 (-6%)
Net Operating Income
$22,037
-$1,269 (-6%)
Cap Rate
9.31%
Home Value Comparison: Property vs. Local and Regional 4-Bed Multi-Family Home (2 - 4 units) Medians

Find More Housing Markets Near Morganton