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405 Mimosa Ave

Morganton, NC 28655

4 bd 3 ba 2,626 sqft Built 1959 Lot 47,480 sqft single_family
Most recent sale
$245,000
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $245,000 MLS #3773106
Jan 25, 2022 Listed $224,900 MLS #3773106

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $198,536 $22,570 $221,106 $1,690
2023 $198,536 $22,570 $221,106 $1,074
2022 $112,037 $18,160 $130,197 $986
2021 $112,037 $18,160 $130,197 $981
2020 $112,037 $18,160 $130,197 $976
2019 $112,037 $18,160 $130,197 $976
2018 $96,303 $18,160 $114,463 $867
2017 $96,303 $18,160 $114,463 $865
2016 $96,303 $18,160 $114,463 $843
2015 $96,303 $18,160 $114,463 $840
2014 $96,303 $18,160 $114,463 $838
2013 $96,303 $18,160 $114,463 $838
2012 $112,597 $22,800 $135,397 $764
2011 $112,597 $22,800 $135,397 $763
2010 $105,859 $23,200 $129,059 $728
2009 $105,859 $23,200 $129,059 $726
2008 $105,859 $23,200 $129,059 $726
2007 $105,859 $23,200 $129,059 $720

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,626 sqft
Lot size
47,480 sqft
ZIP code
28655
City
Morganton
Street
Mimosa Ave
Coordinates
35.75468, -81.60298

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
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Mimosa Ave last sell?
405 Mimosa Ave most recently sold on Mar 10, 2022 for $245,000.
What is the current tax assessment for 405 Mimosa Ave?
The most recent total assessment for 405 Mimosa Ave (year 2025) is $221,106 with $1,690 in property tax.
How does 405 Mimosa Ave's assessment compare to its last sale price?
The current assessment is 9.8% below the last sale price of $245,000.
When was 405 Mimosa Ave built?
405 Mimosa Ave was built in 1959.
How does 405 Mimosa Ave compare to others on Mimosa Ave?
We track 8 other properties on Mimosa Ave. Browse the list under "Other properties on Mimosa Ave" to compare beds, baths, and sale history.
What are the property facts for 405 Mimosa Ave?
405 Mimosa Ave is a 4 bed, 3 bath, 2,626 sqft, 47,480 sqft lot single_family.
Is 405 Mimosa Ave a flip candidate?
No — 405 Mimosa Ave does not appear in our flips dataset.
Is 405 Mimosa Ave a tax-appeal candidate?
No — 405 Mimosa 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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