507 Union St
Morganton, NC 28655
4 bd 4 ba 4,282 sqft Built 1905 Lot 49,223 sqft single_family
Most recent sale
$715,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $715,000 | MLS #3823085 |
| Jan 28, 2022 | Listed | $750,000 | MLS #3823085 |
| Oct 5, 1989 | Sold | $155,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $542,020 | $155,144 | $697,164 | $3,966 |
| 2023 | $542,020 | $155,144 | $697,164 | $3,992 |
| 2022 | $310,646 | $155,144 | $465,790 | $3,319 |
| 2021 | $310,646 | $155,144 | $465,790 | $3,459 |
| 2020 | $310,646 | $155,144 | $465,790 | $3,471 |
| 2019 | $310,646 | $155,144 | $465,790 | $3,489 |
| 2018 | $281,092 | $155,144 | $436,236 | $3,303 |
| 2017 | $281,092 | $155,144 | $436,236 | $3,324 |
| 2016 | $281,092 | $155,144 | $436,236 | $3,272 |
| 2015 | $281,092 | $155,144 | $436,236 | $3,296 |
| 2014 | $281,092 | $155,144 | $436,236 | $3,325 |
| 2013 | $281,092 | $155,144 | $436,236 | $3,357 |
| 2012 | $308,052 | $82,350 | $390,402 | $2,091 |
| 2011 | $308,052 | $82,350 | $390,402 | $2,089 |
| 2010 | $308,052 | $82,350 | $390,402 | $2,088 |
| 2009 | $290,194 | $82,350 | $372,544 | $1,992 |
| 2008 | $290,194 | $82,350 | $372,544 | $1,992 |
| 2007 | $290,194 | $82,350 | $372,544 | $1,986 |
Property facts
Year built
1905
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,282 sqft
Lot size
49,223 sqft
ZIP code
28655
City
Morganton
Street
Union St
Coordinates
35.73872, -81.69571
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,781
Gross rental yield
9.70%
Implied cap rate
6.31%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Union St last sell?
507 Union St most recently sold on May 2, 2022 for $715,000.
What is the current tax assessment for 507 Union St?
The most recent total assessment for 507 Union St (year 2025) is $697,164 with $3,966 in property tax.
How does 507 Union St's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $715,000.
When was 507 Union St built?
507 Union St was built in 1905.
How does 507 Union St compare to others on Union St?
We track 8 other properties on Union St. Browse the list under "Other properties on Union St" to compare beds, baths, and sale history.
What are the property facts for 507 Union St?
507 Union St is a 4 bed, 4 bath, 4,282 sqft, 49,223 sqft lot single_family.
Is 507 Union St a flip candidate?
No — 507 Union St does not appear in our flips dataset.
Is 507 Union St a tax-appeal candidate?
No — 507 Union St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Union St