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510 Collett Street

 
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Bed: 3
Bath: 2
1/2 Bath: 0
Sq. Ft.: 2,695
Acreage: 0.22

$369,000

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Community: Morganton in Burke County

Bed: 3
Bath: 2
1/2 Bath: 0
Sq. Ft.: 2,695
Acreage: 0.22
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Back on market with repairs and updates! Charming brick home in the heart of Morganton! Full of old time character and charm. Beautiful crown molding compliments the original hardwood floors and adds to the overall charm. Hardwoods are present under carpeted areas upstairs. Gas logs in living room makes for cozy winter evenings and a newly renovated deck out back for warm summer evenings. Fenced in yard for kids and pets. Detached garage with some storage area is a plus as well. A new roof, tankless gas water heater and gas furnace are the latest updates in home efficiency. Take a short stroll to downtown Morganton to enjoy restaurants, breweries, live music, wineries and the iconic courthouse lawn. Enjoy the perfect blend of classic charm and modern convenience in this prime location. Don't miss out on this rare opportunity!

Listed by Mountain Lake Realty
Attribution: regfarmer@gmail.com
Original Listing Price: 379,000
MLS #: ‍4193450
Listing Status: Under Contract
Days on Market: 99
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2025-04-26 at 11:15PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Property Features

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Water: City
Year Built: 1945
Subdivision: None
Roof: Shingle
Style: Cape Cod
Basement/Foundation: Basement
Cooling: Heat Pump
Sewer: Public Sewer
Lot Description: Cleared,Sloped
Floors: Carpet,Tile,Wood
Heating/Cooling: Heat Pump,Natural Gas
Interior Features: Attic Other,Pantry,Walk-In Closet(s),Walk-In Pantry
Garage/Carport: Driveway,Detached Garage,Garage Faces Front,Parking Space(s),Shared Driveway,Other - See Remarks

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Purchase Price:
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Amortization Period:
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Results:
Monthly payment including interest:
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Estimated Monthly Payment:
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Annual Salary:
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The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
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The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
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By making a down payment of $15,000.00 and paying $1,500.00 per month, you will able to afford a home that costs $220,780.58 . You will need to qualify for a loan of $205,780.58.

Summary of Your Monthly Payment
Principal and Interest:
$1,136.70
Taxes and Insurance:
$279.97
Mortgage Insurance:
$83.33
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Schools

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  • High School: Patton
  • Middle School: Liberty
  • Elementary School: Forest Hill
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