Building Summary

Data last updated on: 4/24/2024     Ownership current as of: 4/23/2024     Tax Year: 2024
REID 47302

 PIN # 2703-36-1308
Location Address Property Description
300 S STERLING ST
   
Property Owner Owner's Mailing Address
WOOD, MICHAEL R
1120 N GREEN ST
MORGANTON NC 28655
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Building Location Address
300 S STERLING ST
Card   of  1        Section   of  3
Building Details

Building Name
Primary Occupancy Type OFFICE
Primary Occupancy OFFICE GENERAL
Primary Class D
Primary Quality AVERAGE
Year Built 1945
Effective Year 1982
Physical Depreciation (Rating) AVERAGE
Physical Depreciation (% Bad) 60.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 7942
Remodeled Year
Total Stories 1

Section Details

Occupancy Type OFFICE


Air Conditioning CENTRAL AC
Additional Fixtures 0
Full Baths 0
Half Baths 2
Class D
Depreciation 60%
Depreciation AVERAGE
Floors SOFTWOOD
Floors VYL/TILE
Foundation SLAB
Heat CENTRAL
Interior Finish DRYWALL
Occupancy OFFICE GENERAL
Quality AVERAGE
Roof Cover BUILT UP
12
Building Total & Improvement Details

Total Adjusted Replacement Cost New $863,707
Physical Depreciation (% Bad) AVERAGE 60.00
Depreciated Value $373,965
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $373,965
Market Area Factor 1.00
Building Value $373,965
Misc Improvements Value $2,000
Total Improvement Value $375,965

Assessed Land Value $103,521
   
Assessed Total Value $479,486


Addition Summary 
StoryTypeCodeArea
1.00 WOOD DECK WDDK 60
1.00 PORCH, OPEN PORC 48
1.00 PORCH, OPEN PORC 10
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
4000 SIZE PAVING ASPHALT 1963 75 2000
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)