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139 Morgan Trace Dr

Valdese, NC 28690

3 bd 2 ba 1,259 sqft Built 1999 townhomes
Most recent sale
$215,000
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 3, 2021 Sold $215,000 MLS #3791738
Oct 1, 2021 Listed $220,000 MLS #3791738
Apr 29, 2020 Sold $162,000 MLS #3576200
Jun 24, 2010 Sold $135,000 Public Record
May 29, 2010 Listing removed $146,000 BurkeCounty
Feb 18, 2010 Listed $146,000 MLS #19901

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,042 $25,000 $197,042 $2,008
2023 $172,042 $25,000 $197,042 $2,206
2022 $129,198 $25,000 $154,198 $1,153
2021 $129,198 $25,000 $154,198 $1,148
2020 $129,198 $25,000 $154,198 $1,143
2019 $129,198 $25,000 $154,198 $1,143
2018 $110,973 $25,650 $136,623 $1,021
2017 $110,973 $25,650 $136,623 $1,019
2016 $110,973 $25,650 $136,623 $994
2015 $110,973 $25,650 $136,623 $991
2014 $110,973 $25,650 $136,623 $989
2013 $110,973 $25,650 $136,623 $989
2012 $113,036 $25,890 $138,926 $783
2011 $113,036 $25,890 $138,926 $781
2009 $113,036 $25,890 $138,926 $777
2008 $113,036 $25,890 $138,926 $777
2007 $113,036 $25,890 $138,926 $772

Property facts

Year built
1999
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,259 sqft
Lot size
ZIP code
28690
City
Valdese
Street
Morgan Trace Dr
Coordinates
35.74617, -81.58203

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
$1,700
Gross rental yield
9.49%
Implied cap rate
6.17%
Trend-extrapolated value

Frequently asked questions

When did 139 Morgan Trace Dr last sell?
139 Morgan Trace Dr most recently sold on Dec 3, 2021 for $215,000.
What is the current tax assessment for 139 Morgan Trace Dr?
The most recent total assessment for 139 Morgan Trace Dr (year 2025) is $197,042 with $2,008 in property tax.
How does 139 Morgan Trace Dr's assessment compare to its last sale price?
The current assessment is 8.4% below the last sale price of $215,000.
When was 139 Morgan Trace Dr built?
139 Morgan Trace Dr was built in 1999.
How does 139 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 139 Morgan Trace Dr?
139 Morgan Trace Dr is a 3 bed, 2 bath, 1,259 sqft townhomes.
Is 139 Morgan Trace Dr a flip candidate?
Yes — 139 Morgan Trace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 139 Morgan Trace Dr a tax-appeal candidate?
No — 139 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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