Investment Potential for 1108 Bethel Rd

The property has a current estimated value of $61,011, which is 72% below the zip median, based on public records. It last sold for $8,000. Projected long-term

is $24,000 annually ($2,000 per month) with a 86% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$8,000

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$61K

($54.6K - $63.9K)

72% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$*****

View Forecast

Discover more Single Family Homes in 28655.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$24,000 per year($2,000 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

86%in 28655 zip code

View Rental Potential

Owners & Occupancy for 1108 Bethel Rd

This property is owned by William Michael Gladden. Owner contact information includes 10 phone numbers.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$53,011

Number of Owners

1

Property Owners

William Michael Gladden, age **

Cell Phone	(828) *-**View Cell Phone
Residence	*************
Landline	(803) 736-1690
Distance from Property	**********

View All Owner Info

Property Ownership Information

Property Tax Amount	$1,519 in 2024
Purchase Price	$8,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*********************** age 72

Property Details for 1108 Bethel Rd

Property Age

124 years

(Remodeled 1965)

81 years older than zip median

Property Details

Property Sq Ft

Living Area

1,512 sq ft

2% above market

Lot Size

45,302 sq ft

37% above market

Price Per Sq Ft

Living Area

$40 / sq ft

72% below market

Lot Size Area

$1 / sq ft

84% below market

Property Information

Property condition, age, exterior, etc. for 1108 Bethe…

Land & Location Information

Longitude: -81.650748 Latitude: 35.733729 Parcel Number (APN): 2135…

Recommended Properties in 28655

Discover more single family homes near 1108 Bethel 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.

Equity Status
$250K - $279K
Est. Value
222 Sequoyah Cir, Morganton, NC 28655
3 beds · 2 baths · 1,567 sq ft · Last Sold: $262,000 in 2022 · Built: 1994
Valued below Market Median
$163K - $191K
Est. Value
1670 Jamestown Rd, Morganton, NC 28655
3 beds · 2 baths · 1,499 sq ft · Built: 2005
Equity Status
$228K - $255K
Est. Value
4600 Montclaire Ave, Morganton, NC 28655
3 beds · 1,344 sq ft · Built: 1971
Equity Status
$83.5K - $95K
Est. Value
1807 N Green St, Morganton, NC 28655
3 beds · 1 baths · 1,978 sq ft · Last Sold: $134,500 in 2014 · Built: 1948
Equity Status
$181K - $198K
Est. Value
3991 Silver Creek Ter, Morganton, NC 28655
3 beds · 2 baths · 1,512 sq ft · Last Sold: $165,000 in 2021 · Built: 2006
Equity Status
$265K - $287K
Est. Value
1995 Goodman Dr, Morganton, NC 28655
3 beds · 1,958 sq ft · Built: 2006
Good value per sqft
$91.9K - $100K
Est. Value
5175 Dysartsville Rd, Morganton, NC 28655
3 beds · 2 baths · 1,750 sq ft · Built: 1994
Good value per sqft
$123K - $140K
Est. Value
6095 Dysartsville Rd, Morganton, NC 28655
3 beds · 2 baths · 1,512 sq ft · Built: 1988
Owner Age Above 75
$178K - $202K
Est. Value
115 Falls St, Morganton, NC 28655
3 beds · 964 sq ft · Built: 1977
Equity Status
$318K - $354K
Est. Value
4391 Bridges Fld, Morganton, NC 28655
3 beds · 2,002 sq ft · Built: 2002
Equity Status
$224K - $248K
Est. Value
3569 Blankenship Dr, Morganton, NC 28655
3 beds · 2 baths · 2,595 sq ft · Last Sold: $650,000 in 2022 · Built: 2010
High Demand Long-Term Rental
$190K - $209K
Est. Value
2931 Collett Ave, Morganton, NC 28655
3 beds · 1 baths · 1,624 sq ft · Built: 1950
Equity Status
$302K - $327K
Est. Value
2626 Genes Loop, Morganton, NC 28655
3 beds · 2 baths · 1,512 sq ft · Last Sold: $245,000 in 2020 · Built: 2007
Equity Status
$151K - $167K
Est. Value
1608 Woerner Way, Morganton, NC 28655
3 beds · 2 baths · 1,032 sq ft · Last Sold: $121,500 in 2014 · Built: 2014
Equity Status
$244K - $263K
Est. Value
3011 Village Dr, Morganton, NC 28655
3 beds · 2 baths · 1,589 sq ft · Last Sold: $114,500 in 2013 · Built: 1988
Equity Status
$294K - $325K
Est. Value
114 Wedgewood Dr, Morganton, NC 28655
3 beds · 2 baths · 2,477 sq ft · Last Sold: $257,000 in 2022 · Built: 1983
Equity Status
$380K - $418K
Est. Value
100 Clearwater Dr, Morganton, NC 28655
3 beds · 2 baths · 2,739 sq ft · Built: 1999
High Demand Long-Term Rental
$159K - $183K
Est. Value
108 Dogwood Ridge Rd, Morganton, NC 28655
3 beds · 2 baths · 1,064 sq ft · Last Sold: $17,000 in 2008 · Built: 1985
Owned for Less Than 5 Years
$289K - $315K
Est. Value
705 E Union St, Morganton, NC 28655
3 beds · 1 baths · 1,266 sq ft · Last Sold: $58,000 in 2022 · Built: 1920
Equity Status
$385K - $427K
Est. Value
108 Canoe Dr, Morganton, NC 28655
3 beds · 2 baths · 3,305 sq ft · Built: 1968

Market Benchmarks

Compare data for 1108 Bethel Rd in Burke County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$61,011

$215,318

-$154,307 (-72%)

$275,142

-$214,131 (-78%)

$*****

$********

$******* (****%)

$398,141

-$300,484 (-75%)

YoY Price Change

—

Year Built

1901

1982

-81 years

1990

-89 years

Living Space

1,512 sq ft

1,477 sq ft

35 (2%)

1,589 sq ft

-77 (-5%)

$ Per Living Sq Ft

$40

$145

-$104 (-72%)

$169

-$129 (-76%)

Lot Size

45,302 sq ft

33,106 sq ft

12196 (37%)

20,473 sq ft

24829 (121%)

$ Per Lot Sq Ft

$1

$9

-$7 (-84%)

$17

-$15 (-92%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$**** (****%)

$17,038

$1,765 (10%)

Annual Revenue

$24,000

$22,800

$1,200 (5%)

$22,800

$1,200 (5%)

$****

$*** (****%)

$5,773

-$576 (-10%)

Net Operating Income

$*****

$**** (****%)

$17,038

$1,765 (10%)

Cap Rate

****%

—

6%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	0.5
Year Built	1901
Building Sq Ft	1,512 sq ft
Lot Size	1 Acres
Living Space	1,512 sq ft
Ground Floor	1,512 sq ft
Basement	138 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C
Fireplace	Yes
Sewer	Septic

APN	2135
Census Tract	0208021020
Municipality	Morganton
County	Burke
Subdivision	T H Mull
Zoning	AB0
Neighborhood	28655
Longitude / Latitude	-81.650748 / 35.733729
Lot Size	45,302 sq ft

1108 Bethel Rd Morganton, NC 28655

property value

$61,011

market valuation

$215,318

market valuation

$214,849

investment intelligence

Investment Potential for 1108 Bethel Rd

rental income

property appreciation

Last Sale Amount

$8,000

property value

$61K

($54.6K - $63.9K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 1108 Bethel Rd

Occupancy

Appreciation Since Purchased

$53,011

Number of Owners

1

Property Owners

William Michael Gladden, age **

Property Ownership Information

Occupancy

Property Details for 1108 Bethel Rd

Property Age

124 years

(Remodeled 1965)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 28655

$250K - $279K

Est. Value

222 Sequoyah Cir, Morganton, NC 28655

3 beds · 2 baths · 1,567 sq ft · Last Sold: $262,000 in 2022 · Built: 1994

$163K - $191K

Est. Value

1670 Jamestown Rd, Morganton, NC 28655

3 beds · 2 baths · 1,499 sq ft · Built: 2005

$228K - $255K

Est. Value

4600 Montclaire Ave, Morganton, NC 28655

3 beds · 1,344 sq ft · Built: 1971

$83.5K - $95K

Est. Value

1807 N Green St, Morganton, NC 28655

3 beds · 1 baths · 1,978 sq ft · Last Sold: $134,500 in 2014 · Built: 1948

$181K - $198K

Est. Value

3991 Silver Creek Ter, Morganton, NC 28655

3 beds · 2 baths · 1,512 sq ft · Last Sold: $165,000 in 2021 · Built: 2006

$265K - $287K

Est. Value

1995 Goodman Dr, Morganton, NC 28655

3 beds · 1,958 sq ft · Built: 2006

$91.9K - $100K

Est. Value

5175 Dysartsville Rd, Morganton, NC 28655

3 beds · 2 baths · 1,750 sq ft · Built: 1994

$123K - $140K

Est. Value

6095 Dysartsville Rd, Morganton, NC 28655

3 beds · 2 baths · 1,512 sq ft · Built: 1988

$178K - $202K

Est. Value

115 Falls St, Morganton, NC 28655

3 beds · 964 sq ft · Built: 1977

$318K - $354K