Zip Code
2626 Genes Loop, Morganton, NC 28655
3 beds · 2 baths · 1,512 sq ft · Lot: 23,958 sq ft · Single Family Home · Last Sold: $245K in 2020 · Built: 2007
Est. Value:
$310K
Est. Rent:
$2K/month

2626 Genes Loop Morganton, NC 28655

3 beds · 2 baths · 1,512 sq ft · Lot Size: 23,958 sq ft · Single Family Home
Est. Property Value: $309,968

Valued above Market MedianOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

2626 Genes Loop is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 2007 and is approximately 18 years old. The single family home spans 1512 sq ft with 3 bedrooms and 2 bathrooms and sits on a 23958 sq ft lot. According to public records, it was last sold in 2020 for $245,000 and has a tax-assessed value of $237,631, which is $205 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2626 Genes Loop Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 2626 Genes Loop

The property has a current estimated value of $309,968, which is 47% above the zip median, based on public records. It last sold on May 26, 2020 for $245K. Projected long-term
is $24,600 annually ($2,050 per month) with a 86% occupancy rate.

Discover more Single Family Homes in 28655.
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Long-Term

Gross Rental
$24,600 per year($2,050 per month)
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 2626 Genes Loop

No contact information is available.

Occupancy

Resident 1******************** age 40
Resident 2*************** age 57

Property Details for 2626 Genes Loop

Property Details

Property Sq Ft

Living Area

1,512 sq ft

2% above market

Lot Size

23,958 sq ft

28% below market

Price Per Sq Ft

Living Area

$205 / sq ft

43% above market

Lot Size Area

$13 / sq ft

52% above market

Property condition, age, exterior, etc. for 2626 Genes…
Longitude: -81.659321 Latitude: 35.694039 Parcel Number (APN): 57241…
Mortgage originated on through lender: Movement Mtg Llc for$******View Mortgage Details
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Recommended Properties in 28655

Discover more single family homes near 2626 Genes Loop 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 2626 Genes Loop in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$309,968
$274,164
$35,804 (13%)
$******
$381,744
$82,799 (22%)
YoY Price Change
****%
2.32%
-9%
Year Built
2007
1990
17 years
Living Space
1,512 sq ft
1,590 sq ft
-78 (-5%)
$ Per Living Sq Ft
$205
$168
$37 (22%)
Lot Size
23,958 sq ft
20,473 sq ft
3485 (17%)
$ Per Lot Sq Ft
$13
$17
-$4 (-22%)

Net Operating Income
$*****
$18,583
-$1,119 (-6%)
Annual Revenue
$24,600
$25,200
-$600 (-2%)
$****
$6,214
$922 (15%)
Net Operating Income
$*****
$18,583
-$1,119 (-6%)
Cap Rate
****%
6.34%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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