Unique investment opportunity with both residential and commercial potential! Located on Old Morganton Road in Lenoir, this property features an existing single-family structure situated on a highly visible parcel. The existing residence is currently uninhabitable and is being sold AS-IS. Property is also being marketed as Commercial, offering an opportunity for buyers and investors to explore a variety of potential uses. Property is also listed under Commercial Sale — see MLS #4395962.
Active
$350,000
2939 Old Morganton Rd, Lenoir, NC 28645
3beds
1,370sqft
Single Family Residence
Built in 1975
0.97 Acres Lot
$339,900 Zestimate®
$255/sqft
$-- HOA
What's special
Existing single-family structureHighly visible parcel
- 20 days
- 144
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Melissa Bousselot mbousselot@nestlewoodrealty.com,
Nestlewood Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4428918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: None
Features
- Basement: Basement Garage Door,Dirt Floor
Interior area
- Total structure area: 1,370
- Total interior livable area: 1,370 sqft
- Finished area above ground: 1,370
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.97 Acres
Details
- Parcel number: 06242 122
- Zoning: H-B
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: None
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Lenoir
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $147,700
- Annual tax amount: $945
- Date on market: 9/26/2026
- Cumulative days on market: 20 days
- Road surface type: None, Paved
Estimated market value
$339,900
$323,000 - $357,000
$1,455/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $350,000+483.3%$255/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4428918 Report a problem | ||
| 11/15/2011 | Sold | $60,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $945 +87.4% | $147,700 +130.8% |
| 2024 | $504 | $64,000 |
| 2023 | $504 +5.3% | $64,000 |
| 2022 | $479 | $64,000 |
| 2021 | $479 -1.3% | $64,000 -3.3% |
| 2020 | $485 -1.9% | $66,200 |
| 2019 | $494 | $66,200 |
| 2018 | $494 | $66,200 |
| 2017 | $494 +0.3% | $66,200 |
| 2016 | $493 | $66,200 |
| 2015 | $493 +4.2% | $66,200 |
| 2014 | $473 | $66,200 |
| 2013 | -- | $66,200 -3.2% |
| 2012 | -- | $68,400 |
| 2011 | -- | $68,400 |
| 2010 | -- | $68,400 |
| 2009 | -- | $68,400 |
| 2008 | -- | $68,400 |
| 2007 | -- | $68,400 |
| 2006 | -- | $68,400 |
| 2005 | -- | $68,400 +16.1% |
| 2004 | -- | $58,900 |
| 2003 | -- | $58,900 |
| 2002 | -- | $58,900 |
| 2001 | -- | $58,900 +20.2% |
| 2000 | -- | $49,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28645
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