Zip Code
3011 Village Dr, Morganton, NC 28655
3 beds · 2 baths · 1,589 sq ft · Lot: 18,295 sq ft · Single Family Home · Last Sold: $115K in 2013 · Built: 1988
Est. Value:
$247K
Est. Rent:
$2.1K/month

3011 Village Dr Morganton, NC 28655

3 beds · 2 baths · 1,589 sq ft · Lot Size: 18,295 sq ft · Single Family Home
Est. Property Value: $246,624

Valued above Market MedianOwned for 10 - 15 Years

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

3011 Village Dr 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 1988 and is approximately 37 years old. The single family home spans 1589 sq ft with 3 bedrooms and 2 bathrooms and sits on a 18295 sq ft lot. According to public records, it was last sold in 2013 for $114,500 and has a tax-assessed value of $227,653, which is $155 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3011 Village Dr Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 3011 Village Dr

The property has a current estimated value of $246,624, which is 17% above the zip median, based on public records. It last sold on May 20, 2013 for $115K. Projected long-term
is $25,800 annually ($2,150 per month) with a 86% occupancy rate.

Discover more Single Family Homes in 28655.
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Long-Term

Gross Rental
$25,800 per year($2,150 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 3011 Village Dr

No contact information is available.

Occupancy

Resident 1**************** age 36
Resident 2********************* age 36

Property Details for 3011 Village Dr

Property Details

Property Sq Ft

Living Area

1,589 sq ft

8% above market

Lot Size

18,295 sq ft

45% below market

Price Per Sq Ft

Living Area

$155 / sq ft

8% above market

Lot Size Area

$13 / sq ft

59% above market

Property condition, age, exterior, etc. for 3011 Villa…
Longitude: -81.628792 Latitude: 35.713115 Parcel Number (APN): 40503…
Mortgage originated on through lender: Branch Bkng & Tr Co for$******View Mortgage Details
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Recommended Properties in 28655

Discover more single family homes near 3011 Village Dr 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 3011 Village Dr in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$246,624
$274,164
-$27,540 (-10%)
$******
$381,744
-$12,134 (-3%)
YoY Price Change
****%
2.32%
90%
Year Built
1988
1990
-2 years
Living Space
1,589 sq ft
1,590 sq ft
-1 (0%)
$ Per Living Sq Ft
$155
$168
-$13 (-8%)
Lot Size
18,295 sq ft
20,473 sq ft
-2178 (-11%)
$ Per Lot Sq Ft
$13
$17
-$3 (-19%)

Net Operating Income
$*****
$18,583
$437 (2%)
Annual Revenue
$25,800
$25,200
$600 (2%)
$****
$6,214
$566 (9%)
Net Operating Income
$*****
$18,583
$437 (2%)
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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