143 Chapman Rd Morganton, NC 28655

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3 beds · 2 baths · 1,496 sq ft · Lot Size: 18,731 sq ft · Single Family Home · Salem
Est. Property Value: $200,777

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143 Chapman 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 1988 and is approximately 37 years old. The single family home spans 1496 sq ft with 3 bedrooms and 2 bathrooms and sits on a 18731 sq ft lot. According to public records, it was sold for $7,500 and has a tax-assessed value of $60,063, which is $134 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 143 Chapman Rd Morganton, NC 28655 with Property Intel by Whitepages.

143 Chapman Rd

Morganton, NC 28655

Neighborhood

Owners & Occupancy for 143 Chapman Rd

This property is owned by Virginia A Walker. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Cell Phone(704) ***-****View Cell Phone
Residence*************
Landline(410) 285-5617
Distance from Property**********
Email Address**************@yahoo.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 143 Chapman Rd

143 Chapman Rd, Morganton, NC has no known mortgage. The Burke county assessment for 2024 values it at $60,063, with annual taxes of $467.

Property Tax

Property Tax Amount$467 in 2024
Purchase Price$7,500
Assessed Value$60,063 on 2024

Investment Potential for 143 Chapman Rd

The property has a current estimated value of $200,777, which is 0% below the neighborhood median, based on public records. It last sold for $7,500. Projected long-term
is $25,200 annually ($2,100 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Property Details for 143 Chapman Rd

Property Details

Property Sq Ft

Living Area

1,496 sq ft

1% below market

Lot Size

18,731 sq ft

25% below market

Price Per Sq Ft

Living Area

$134 / sq ft

2% above market

Lot Size Area

$11 / sq ft

43% above market

Property condition, age, exterior, etc. for 143 Chapma…
Longitude: -81.690137 Latitude: 35.703722 Parcel Number (APN): 5589…

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Discover more single family homes near 143 Chapman 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 143 Chapman Rd in Burke County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$200,777
$257,944
-$57,167 (-22%)
$368,113
-$88,181 (-24%)
YoY Price Change
2.32%
249%
Year Built
1988
1990
-2 years
Living Space
1,496 sq ft
1,590 sq ft
-94 (-6%)
$ Per Living Sq Ft
$134
$158
-$24 (-15%)
Lot Size
18,731 sq ft
20,473 sq ft
-1742 (-9%)
$ Per Lot Sq Ft
$11
$12
-$1 (-10%)

Net Operating Income
$18,197
$1,692 (9%)
Annual Revenue
$25,200
$25,200
$0 (0%)
$6,673
-$1,362 (-20%)
Net Operating Income
$18,197
$1,692 (9%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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