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113 Morgan Trace Dr

Valdese, NC 28690

3 bd 2 ba 1,297 sqft Built 2006 Lot 1,306 sqft townhomes
Most recent sale
$227,500
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $227,500 MLS #3870910
Aug 3, 2022 Price changed $237,500 MLS #3870910
Jul 22, 2022 Price changed $242,500 MLS #3870910
Jun 21, 2022 Listed $245,000 MLS #3870910
Mar 1, 2007 Sold $136,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $194,383 $25,000 $219,383 $2,225
2023 $191,550 $25,000 $216,550 $2,415
2022 $143,284 $25,000 $168,284 $1,251
2021 $143,284 $25,000 $168,284 $1,246
2020 $143,284 $25,000 $168,284 $1,242
2019 $143,284 $25,000 $168,284 $1,242
2018 $117,045 $28,950 $145,995 $1,087
2017 $117,045 $28,950 $145,995 $1,085
2016 $117,045 $28,950 $145,995 $1,058
2015 $117,045 $28,950 $145,995 $1,055
2014 $117,045 $28,950 $145,995 $1,053
2013 $117,045 $28,950 $145,995 $1,053
2012 $123,627 $28,155 $151,782 $850
2011 $123,627 $28,155 $151,782 $848
2010 $123,627 $28,155 $151,782 $847
2009 $123,627 $28,155 $151,782 $844
2008 $123,627 $28,155 $151,782 $844

Property facts

Year built
2006
Property type
townhomes
Stories
Beds
3
Baths
2
Living area
1,297 sqft
Lot size
1,306 sqft
ZIP code
28690
City
Valdese
Street
Morgan Trace Dr
Coordinates
35.74607, -81.58013

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
$1,751
Gross rental yield
9.24%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 113 Morgan Trace Dr last sell?
113 Morgan Trace Dr most recently sold on Sep 15, 2022 for $227,500.
What is the current tax assessment for 113 Morgan Trace Dr?
The most recent total assessment for 113 Morgan Trace Dr (year 2025) is $219,383 with $2,225 in property tax.
How does 113 Morgan Trace Dr's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $227,500.
When was 113 Morgan Trace Dr built?
113 Morgan Trace Dr was built in 2006.
How does 113 Morgan Trace Dr compare to others on Morgan Trace Dr?
We track 8 other properties on Morgan Trace Dr. Browse the list under "Other properties on Morgan Trace Dr" to compare beds, baths, and sale history.
What are the property facts for 113 Morgan Trace Dr?
113 Morgan Trace Dr is a 3 bed, 2 bath, 1,297 sqft, 1,306 sqft lot townhomes.
Is 113 Morgan Trace Dr a flip candidate?
No — 113 Morgan Trace Dr does not appear in our flips dataset.
Is 113 Morgan Trace Dr a tax-appeal candidate?
No — 113 Morgan Trace Dr 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
-4.5%
Implied 1-yr
-18.2%
2026 Q3
$108.2K
2026 Q4
$101.3K
ZIP 28690 — Median Price History + Forecast

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