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108 Powell Rd

Morganton, NC 28655

2 bd 1 ba 1,248 sqft Built 1934 Lot 22,651 sqft single_family
Most recent sale
$195,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2025 Sold $230,000 CanopyMLS
Apr 28, 2023 Sold $217,000 Public Record
Apr 25, 2022 Sold $195,000 MLS #3834147
Mar 8, 2022 Listed $169,900 MLS #3834147
Jan 3, 1992 Sold $21,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,721 $14,927 $174,648 $1,677
2023 $158,845 $14,927 $173,772 $1,061
2022 $42,225 $10,166 $52,391 $446
2021 $42,225 $10,166 $52,391 $440
2020 $42,225 $10,166 $52,391 $436
2019 $42,225 $10,166 $52,391 $436
2018 $41,896 $10,166 $52,062 $434
2017 $41,896 $10,166 $52,062 $432
2016 $41,896 $10,166 $52,062 $419
2015 $41,896 $10,166 $52,062 $416
2014 $41,896 $10,166 $52,062 $415
2013 $41,896 $10,166 $52,062 $415
2012 $44,477 $10,920 $55,397 $349
2011 $44,477 $10,920 $55,397 $347
2010 $44,477 $10,920 $55,397 $346
2009 $43,336 $11,130 $54,466 $338
2008 $43,336 $11,130 $54,466 $338
2007 $43,336 $11,130 $54,466 $332

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,248 sqft
Lot size
22,651 sqft
ZIP code
28655
City
Morganton
Street
Powell Rd
Coordinates
35.76446, -81.60693

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
$1,685
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value

Frequently asked questions

When did 108 Powell Rd last sell?
108 Powell Rd most recently sold on Apr 25, 2022 for $195,000.
What is the current tax assessment for 108 Powell Rd?
The most recent total assessment for 108 Powell Rd (year 2025) is $174,648 with $1,677 in property tax.
How does 108 Powell Rd's assessment compare to its last sale price?
The current assessment is 10.4% below the last sale price of $195,000.
When was 108 Powell Rd built?
108 Powell Rd was built in 1934.
How does 108 Powell Rd compare to others on Powell Rd?
We track 2 other properties on Powell Rd. Browse the list under "Other properties on Powell Rd" to compare beds, baths, and sale history.
What are the property facts for 108 Powell Rd?
108 Powell Rd is a 2 bed, 1 bath, 1,248 sqft, 22,651 sqft lot single_family.
Is 108 Powell Rd a flip candidate?
No — 108 Powell Rd does not appear in our flips dataset.
Is 108 Powell Rd a tax-appeal candidate?
No — 108 Powell 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
+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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