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2503 Old Morganton Rd

Lenoir, NC 28645

3 bd 3 ba 2,904 sqft Built 1952 Lot 50,530 sqft single_family
Most recent sale
$301,200
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $301,200 MLS #3840596
Jul 6, 2022 Price changed $349,000 MLS #3840596
Jun 24, 2022 Price changed $389,000 MLS #3840596
Apr 23, 2022 Listed $399,000 MLS #3840596
Aug 1, 1996 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $295,900 $19,300 $315,200 $2,003
2023 $116,700 $19,300 $136,000 $874
2022 $116,700 $19,300 $136,000 $874
2021 $116,700 $19,300 $136,000 $875
2020 $89,000 $19,300 $108,300 $700
2019 $89,000 $19,300 $108,300 $700
2018 $89,000 $19,300 $108,300 $1,337
2017 $89,000 $19,300 $108,300 $1,337
2016 $89,000 $19,300 $108,300 $709
2015 $89,000 $19,300 $108,300 $671
2014 $89,000 $19,300 $108,300 $671
2013 $89,000 $19,300 $108,300 $671
2012 $87,800 $16,100 $103,900 $676
2011 $87,800 $16,100 $103,900 $1,241
2010 $87,800 $16,100 $103,900 $707
2009 $87,800 $16,100 $103,900 $707
2008 $87,800 $16,100 $103,900 $704
2007 $103,900 $704

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,904 sqft
Lot size
50,530 sqft
ZIP code
28645
City
Lenoir
Street
Old Morganton Rd
Coordinates
35.88942, -81.57591

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,807
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2503 Old Morganton Rd last sell?
2503 Old Morganton Rd most recently sold on Sep 13, 2022 for $301,200.
What is the current tax assessment for 2503 Old Morganton Rd?
The most recent total assessment for 2503 Old Morganton Rd (year 2025) is $315,200 with $2,003 in property tax.
How does 2503 Old Morganton Rd's assessment compare to its last sale price?
The current assessment is 4.6% above the last sale price of $301,200.
When was 2503 Old Morganton Rd built?
2503 Old Morganton Rd was built in 1952.
How does 2503 Old Morganton Rd compare to others on Old Morganton Rd?
We track 6 other properties on Old Morganton Rd. Browse the list under "Other properties on Old Morganton Rd" to compare beds, baths, and sale history.
What are the property facts for 2503 Old Morganton Rd?
2503 Old Morganton Rd is a 3 bed, 3 bath, 2,904 sqft, 50,530 sqft lot single_family.
Is 2503 Old Morganton Rd a flip candidate?
No — 2503 Old Morganton Rd does not appear in our flips dataset.
Is 2503 Old Morganton Rd a tax-appeal candidate?
No — 2503 Old Morganton Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$265K
2026 Q4
$255.4K
ZIP 28645 — Median Price History + Forecast

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