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501 Alexander Ave

Morganton, NC 28655

3 bd 3 ba 2,120 sqft Built 1941 Lot 33,541 sqft single_family
Most recent sale
$381,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $381,000 MLS #3853073
Apr 26, 2022 Listed $379,900 MLS #3853073
Mar 5, 2018 Sold $164,900 MLS #B31193
Dec 29, 2017 Listing removed $159,900 BurkeCounty
Dec 5, 2017 Listing removed $159,900 BurkeCounty
Nov 21, 2017 Price changed $159,900 MLS #31193
Nov 7, 2017 Price changed $164,900 MLS #31193
Oct 10, 2017 Price changed $169,900 MLS #31193
Sep 27, 2017 Listed $174,900 MLS #31193
Sep 2, 2005 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,002 $31,677 $368,679 $2,143
2023 $337,002 $31,677 $368,679 $2,152
2022 $140,646 $27,298 $167,944 $1,249
2021 $140,646 $27,298 $167,944 $1,243
2020 $140,646 $27,298 $167,944 $1,239
2019 $140,646 $27,298 $167,944 $1,239
2018 $119,241 $27,298 $146,539 $1,090
2017 $119,241 $27,298 $146,539 $1,088
2016 $119,241 $27,298 $146,539 $1,061
2015 $119,241 $27,298 $146,539 $1,058
2014 $119,460 $27,298 $146,758 $1,059
2013 $119,460 $27,298 $146,758 $1,059
2012 $97,768 $51,000 $148,768 $834
2011 $97,768 $51,000 $148,768 $833
2010 $97,768 $51,000 $148,768 $831
2009 $97,768 $51,000 $148,768 $829
2008 $97,768 $51,000 $148,768 $829
2007 $97,768 $51,000 $148,768 $823

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,120 sqft
Lot size
33,541 sqft
ZIP code
28655
City
Morganton
Street
Alexander Ave
Coordinates
35.75758, -81.69729

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
$2,862
Gross rental yield
9.01%
Implied cap rate
5.86%
Trend-extrapolated value

Frequently asked questions

When did 501 Alexander Ave last sell?
501 Alexander Ave most recently sold on Jun 10, 2022 for $381,000.
What is the current tax assessment for 501 Alexander Ave?
The most recent total assessment for 501 Alexander Ave (year 2025) is $368,679 with $2,143 in property tax.
How does 501 Alexander Ave's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $381,000.
When was 501 Alexander Ave built?
501 Alexander Ave was built in 1941.
How does 501 Alexander Ave compare to others on Alexander Ave?
We track 8 other properties on Alexander Ave. Browse the list under "Other properties on Alexander Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Alexander Ave?
501 Alexander Ave is a 3 bed, 3 bath, 2,120 sqft, 33,541 sqft lot single_family.
Is 501 Alexander Ave a flip candidate?
No — 501 Alexander Ave does not appear in our flips dataset.
Is 501 Alexander Ave a tax-appeal candidate?
No — 501 Alexander Ave 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
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast

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