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705 Union St

Morganton, NC 28655

4 bd 2 ba 1,584 sqft Built 1945 Lot 18,295 sqft single_family
Most recent sale
$278,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Relisted $250,000 MLS #3848677
May 16, 2022 Sold $278,000 Public Record
Apr 13, 2022 Listed $250,000 MLS #3848677

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,691 $42,000 $312,691 $1,835
2023 $270,691 $42,000 $312,691 $1,839
2022 $133,257 $42,000 $175,257 $1,300
2021 $133,257 $42,000 $175,257 $1,294
2020 $133,257 $42,000 $175,257 $1,296
2019 $133,257 $42,000 $175,257 $1,295
2018 $123,136 $42,000 $165,136 $1,225
2017 $121,576 $42,000 $163,576 $1,210
2016 $121,576 $42,000 $163,576 $1,180
2015 $121,576 $42,000 $163,576 $1,177
2014 $121,842 $42,000 $163,842 $1,178
2013 $121,842 $42,000 $163,842 $1,174
2012 $124,765 $44,400 $169,165 $940
2011 $124,765 $44,400 $169,165 $938
2010 $124,765 $44,400 $169,165 $937
2009 $124,765 $44,400 $169,165 $934
2008 $124,765 $44,400 $169,165 $934
2007 $124,765 $44,400 $169,165 $929

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,584 sqft
Lot size
18,295 sqft
ZIP code
28655
City
Morganton
Street
Union St
Coordinates
35.73766, -81.70147

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
$2,138
Gross rental yield
9.23%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 705 Union St last sell?
705 Union St most recently sold on May 16, 2022 for $278,000.
What is the current tax assessment for 705 Union St?
The most recent total assessment for 705 Union St (year 2025) is $312,691 with $1,835 in property tax.
How does 705 Union St's assessment compare to its last sale price?
The current assessment is 12.5% above the last sale price of $278,000.
When was 705 Union St built?
705 Union St was built in 1945.
How does 705 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 705 Union St?
705 Union St is a 4 bed, 2 bath, 1,584 sqft, 18,295 sqft lot single_family.
Is 705 Union St a flip candidate?
No — 705 Union St does not appear in our flips dataset.
Is 705 Union St a tax-appeal candidate?
No — 705 Union St 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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