116 Colony Dr, Morganton, NC, 28655

$319,900

Home List Price

$3,799*

Closing Credit

2 Bedrooms
2 Full Baths
992 SqFt
$322/SqFt
House
Schools Nearby

Location

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116 Colony Dr, Morganton$319,900

Buyer Closing Credits

$3,799*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBasement, Circular Driveway, Driveway
Year Built1985
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #4136986
StatusActive

About 116 Colony Dr

Looking for a New Home, this one has been meticulously renovated from top to bottom. Nestled on a 1.39 acres at the end of a cul-de-sac, you're going to love living here! Minutes to downtown shopping, dining and entertainment! Main level features open concept floor plan with Portuguese cork floors; stunning kitchen with custom countertops, breakfast bar, and European style cabinets with plenty of storage, plus a pantry. Primary suite w mirrored closet, double sink vanity and and laundry closet in bathroom. Second bedroom opens to the full guest bath for extra convenience. The living area has great natural light from the double doors leading to the private deck area. Later if your in need of additional living space; the basement is perfect for it. Basement has high ceilings, and is already plumbed for a full bath. There is access to the backyard and driveway from the basement. Extra lot has sewer line easement for the city of Morganton. Seller didn't pull permits for renovation.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Living Area: 992 SqFt

Listing Office:

  • Office Name: Nancy Roberts Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Cork
  • Interior: Open Floorplan, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Basement, Circular Driveway, Driveway

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Robert L. Patton High School, Public District Grades 9-12
  • Walter R Johnson Middle School, Public District Grades 6-8
  • Forest Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From downtown Morganton take W Union Street and make a left on Burkemont Ave then right on Asheville St left on Forest Hill Street Right on Colony. Go to end of road. See sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,900
  • Price Per SqFt: $322/SqFt

Tax Information:

  • Annual Amount: $789
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Morganton, NC.

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Morganton, NC

City

Med. Sold Price

$268.2K

Med. Price/SqFt

$172

Avg. Days On Market

31

# of Sold Homes

44

116 Colony Dr vs Morganton

14 DAYS ON ROCKET

-17 Days

$319,900

+$51.6K More

$322/SqFt

+$150 More

KEY TAKEAWAY

This property is $51.6K more than the Median Sold Price and $150/SqFt more than other homes in Morganton, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4136986

Listing Office:

  • Office Name: Nancy Roberts Realty LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:51:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2013Home Sold
$101,000
Sep 06, 2013Home Sold
$101,000

Tax History

YEARPROP. TAXASSESSMENT
2021$789$102,545
2020$784$102,545
2019$784$102,545
2018$737$95,723
2017$735$95,723

History based on county public records data.

Payment Calculator

$1,664

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-499575
4
/10

  • Forest Hill Elementary School

  • 304 Ann St

  • 0.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-499576
3
/10

  • Walter R Johnson Middle School

  • 701 Lenoir Rd

  • 3.24 miles

  • Public District Grades 6-8

High School

school-card-donut-499577
8
/10

  • Robert L. Patton High School

  • 701 Enola Rd

  • 2.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,155. Residents of Morganton, NC typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Colony Dr

What is the listing price of this property?

The listing price of 116 Colony Dr property is $319,900.

What type of property is this?

The property 116 Colony Dr is a house located in Morganton, North Carolina, 28655.

Is this property for sale now?

Active Listing: 116 Colony Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Colony Dr are:
Forest Hill Elementary School: GreatSchools Rating 4/10
Walter R Johnson Middle School: GreatSchools Rating 3/10
Robert L. Patton High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $789 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2013 for $101,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Colony Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 116 Colony Dr is 992 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Colony Dr is 1985.

Rocket Homes›North Carolina›Burke County›Morganton›28655›116 Colony Dr

This home is located at 116 Colony Dr in Morganton, NC and zip code 28655. This 992 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $319,900.

In April 2024 more than 10 listings in Morganton, NC were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 30 were sold below. Between March 2024 and April 2024, Morganton, NC real estate market has seen increase in the number of listings by 14.1%. In April 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $268,291.

From Rocket Homes Real Estate and based on county public records data.

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