Investment Potential for 1608 Woerner Way

The property has a current estimated value of $170,324, which is 19% below the zip median, based on public records. It last sold on September 22, 2014 for $122K. Projected long-term

is $21,000 annually ($1,750 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

$121,500

Sold September 22, 2014

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.

$170K

($162K - $180K)

19% 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

$21,000 per year($1,750 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 1608 Woerner Way

This property is owned by Elizabeth Nichole Smith. Owner contact information includes 9 phone numbers and 4 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$48,824

Purchased September 22, 2014

Number of Owners

1

Property Owners

Elizabeth Nichole Smith, age **

Cell Phone	(828) *-**View Cell Phone
Residence	*************
Landline	(828) 584-7057
Distance from Property	**********
Email Address	************@gmail.comView Email

View All Owner Info

Property Ownership Information

Purchase Date	September 22, 2014
Property Tax Amount	$958 in 2024
Purchase Price	$121,500

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*********************** age 41
Resident 2	**************

Property Details for 1608 Woerner Way

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$******

View Equity

Property Age

11 years

(Remodeled 2015)

32 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,032 sq ft

30% below market

Lot Size

24,829 sq ft

25% below market

Price Per Sq Ft

Living Area

$165 / sq ft

15% above market

Lot Size Area

$7 / sq ft

19% below market

Property Information

Property condition, age, exterior, etc. for 1608 Woern…

Land & Location Information

Longitude: -81.75786 Latitude: 35.798769 Parcel Number (APN): 24271…

Mortgage & Equity Information

Mortgage originated on through lender: Habitat For Humanity/burke Cnt for$*****View Mortgage Details

Recommended Properties in 28655

Discover more single family homes near 1608 Woerner Way 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.

Owned for Less Than 5 Years
$278K - $322K
Est. Value
1616 Bethel Rd, Morganton, NC 28655
3 beds · 2,415 sq ft · Last Sold: $350,000 in 2024 · Built: 1962
Owner Age Above 75
$213K - $241K
Est. Value
105 Circle Ct, Morganton, NC 28655
2 beds · 1 baths · 1,704 sq ft · Built: 1925
High Demand Long-Term Rental
$162K - $203K
Est. Value
607 Vine Arden Rd, Morganton, NC 28655
3 beds · 2 baths · 1,547 sq ft · Built: 1942
Owner Age Above 75
$98.2K - $108K
Est. Value
105 Hogan St, Morganton, NC 28655
3 beds · 1 baths · 1,056 sq ft · Built: 1977
Valued above Market Median
$297K - $331K
Est. Value
100 Elm St, Morganton, NC 28655
3 beds · 2 baths · 1,372 sq ft · Last Sold: $130,000 in 2010 · Built: 2009
Valued above Market Median
$278K - $317K
Est. Value
4761 Summer Pl, Morganton, NC 28655
3 beds · 2 baths · 1,991 sq ft · Built: 1995
Large Lot Advantage
$249K - $283K
Est. Value
2031 Cc Dr, Morganton, NC 28655
3 beds · 2 baths · 1,431 sq ft · Built: 2009
Valued above Market Median
$303K - $332K
Est. Value
106 Ones Branch Ct, Morganton, NC 28655
3 beds · 2 baths · 1,560 sq ft · Built: 1996
Good value per sqft
$258K - $292K
Est. Value
2069 Nc 181, Morganton, NC 28655
3 beds · 2 baths · 2,883 sq ft · Built: 1958
Large Lot Advantage
$54.8K - $61.5K
Est. Value
3156 Cornwell Dr, Morganton, NC 28655
3 beds · 2,446 sq ft · Last Sold: $51,000 in 2022 · Built: 2023
High Demand Long-Term Rental
$172K - $190K
Est. Value
116 Clark St, Morganton, NC 28655
3 beds · 1 baths · 1,233 sq ft · Last Sold: $118,000 in 2020 · Built: 1960
Large Lot Advantage
$118K - $144K
Est. Value
5327 Jay Rd, Morganton, NC 28655
3 beds · 1 baths · 1,679 sq ft · Built: 1959
Owner Age 55 - 65
$331K - $375K
Est. Value
118 Kimberly Dr, Morganton, NC 28655
3 beds · 2,420 sq ft · Built: 2007
High Demand Long-Term Rental
$128K - $145K
Est. Value
3112 Brandon Rd, Morganton, NC 28655
2 beds · 1 baths · 856 sq ft · Built: 1940
Good value per sqft
$95.6K - $114K
Est. Value
3399 Lytle Dr, Morganton, NC 28655
3 beds · 1 baths · 1,215 sq ft · Built: 1974
Owner Age 55 - 65
$239K - $264K
Est. Value
303 Shady Rest Rd, Morganton, NC 28655
2 beds · 1 baths · 1,614 sq ft · Built: 1920
Large Lot Advantage
$157K - $187K
Est. Value
1670 Jamestown Rd, Morganton, NC 28655
3 beds · 2 baths · 1,499 sq ft · Built: 2005
Owner Age 65 - 75
$448K - $508K
Est. Value
239 Camelot Dr, Morganton, NC 28655
4 beds · 3,250 sq ft · Built: 1977
Valued above Market Median
$307K - $353K
Est. Value
1104 Charleston Dr, Morganton, NC 28655
3 beds · 2,394 sq ft · Built: 2002
High Demand Long-Term Rental
$179K - $198K
Est. Value
2187 Hartland Forest Dr, Morganton, NC 28655
3 beds · 2 baths · 1,620 sq ft · Built: 2005

Market Benchmarks

Compare data for 1608 Woerner Way 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

$170,324

$211,582

-$41,258 (-19%)

$274,164

-$103,840 (-38%)

$******

$********

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

$381,744

-$126,483 (-33%)

YoY Price Change

****%

2.32%

775%

Year Built

2014

1982

32 years

1990

24 years

Living Space

1,032 sq ft

1,477 sq ft

-445 (-30%)

1,590 sq ft

-558 (-35%)

$ Per Living Sq Ft

$165

$144

$21 (15%)

$168

-$3 (-2%)

Lot Size

24,829 sq ft

33,106 sq ft

-8277 (-25%)

20,473 sq ft

4356 (21%)

$ Per Lot Sq Ft

$7

$8

-$2 (-19%)

$17

-$10 (-59%)

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

$*****

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

$18,583

-$2,599 (-14%)

Annual Revenue

$21,000

$24,600

-$3,600 (-15%)

$25,200

-$4,200 (-17%)

$****

$******

$*** (****%)

$6,214

-$1,198 (-19%)

Net Operating Income

$*****

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

$18,583

-$2,599 (-14%)

Cap Rate

****%

—

6.34%

—

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	2
Year Built	2014
Building Sq Ft	1,032 sq ft
Lot Size	1 Acres
Living Space	1,032 sq ft
Ground Floor	1,032 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C
Roof Covering	Asphalt Shingle

APN	24271
Census Tract	0202022001
Municipality	Quaker Meadows
County	Burke
Subdivision	Habitat/humanity/burke
Zoning	R3
Neighborhood	28655
Longitude / Latitude	-81.75786 / 35.798769
Lot Size	24,829 sq ft

Loan Amount	$*****
Lender	Habitat For Humanity/burke Cnt
Origination Date	September 22, 2014
Interest Rate	****%
Term	25 Years
Rate Type	Fixed
Est Balance	$********
Due Date	****************
Equity	View Equity

1608 Woerner Way Morganton, NC 28655

property value

$170,324

market valuation

$211,582

market valuation

$211,192

investment intelligence

Investment Potential for 1608 Woerner Way

rental income

property appreciation

Last Sale Amount

$121,500

property value

$170K

($162K - $180K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 1608 Woerner Way

Occupancy

Appreciation Since Purchased

$48,824

Number of Owners

1

Property Owners

Elizabeth Nichole Smith, age **

Property Ownership Information

Occupancy

Property Details for 1608 Woerner Way

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

11 years

(Remodeled 2015)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 28655

$278K - $322K

Est. Value

1616 Bethel Rd, Morganton, NC 28655

3 beds · 2,415 sq ft · Last Sold: $350,000 in 2024 · Built: 1962

$213K - $241K

Est. Value

105 Circle Ct, Morganton, NC 28655

2 beds · 1 baths · 1,704 sq ft · Built: 1925

$162K - $203K

Est. Value

607 Vine Arden Rd, Morganton, NC 28655

3 beds · 2 baths · 1,547 sq ft · Built: 1942

$98.2K - $108K

Est. Value

105 Hogan St, Morganton, NC 28655

3 beds · 1 baths · 1,056 sq ft · Built: 1977

$297K - $331K

Est. Value

100 Elm St, Morganton, NC 28655

3 beds · 2 baths · 1,372 sq ft · Last Sold: $130,000 in 2010 · Built: 2009

$278K - $317K

Est. Value

4761 Summer Pl, Morganton, NC 28655

3 beds · 2 baths · 1,991 sq ft · Built: 1995

$249K - $283K

Est. Value

2031 Cc Dr, Morganton, NC 28655

3 beds · 2 baths · 1,431 sq ft · Built: 2009

$303K - $332K

Est. Value

106 Ones Branch Ct, Morganton, NC 28655

3 beds · 2 baths · 1,560 sq ft · Built: 1996

$258K - $292K