116 Colony Dr, Morganton, NC 28655
OFF MARKET

$301,400

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 992 sqft (on 1.39 acres)

116 Colony Dr, Morganton, NC 28655

Est. Refi. Payment $1,804/mo*
Refinance Your Home
Currently Off Market - Sold Jul 8, 2024 for $305,000

Home Value

Trulia Estimate
$301K
Since last month
Decreased$3K (-1%)
Since last year
Decreased$22K (-6.8%)
Since last sale
Decreased$3K (-0.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +179% in the last 10 years
MonthEstimated value
2026
August 2026$302K
August 2026$301K
July 2026$305K
June 2026$308K
May 2026$314K
April 2026$307K
March 2026$311K
February 2026$310K
January 2026$324K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
102 Ann St, Morganton, NC
0.13
Single-Family Home
$259,700
07/21/26
2
1
1,252
300 Patton St, Morganton, NC
0.10
Single-Family Home
$274,720
11/20/25
3
2
1,718
808 W Union St, Morganton, NC
0.28
Single-Family Home
$339,800
10/08/25
4
2
2,046
305 Forest Hill St, Morganton, NC
0.38
Single-Family Home
$260,000
08/07/26
2
2
1,800
107 Burkemont Ave, Morganton, NC
0.42
Single-Family Home
$216,000
10/16/25
3
2
1,807
110 Patton St, Morganton, NC
0.25
Single-Family Home
$323,000
09/24/25
4
2
2,146
302 Walton Rd, Morganton, NC
0.34
Single-Family Home
$290,000
12/16/25
3
2.5
2,570

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Colony Dr #11, Morganton, NC 28655
0.03
-
-
-
-
Off Market
300 Patton St, Morganton, NC 28655
0.10
$274,720
3
2
1,718
Recently Sold
102 Ann St, Morganton, NC 28655
0.13
$259,700
2
1
1,252
Recently Sold
705 W Union St, Morganton, NC 28655
0.09
$319,000
4
2
1,591
For Sale
104 Ann St, Morganton, NC 28655
0.14
$303,000
2
2
1,185
Off Market
102 Falls St, Morganton, NC 28655
0.14
$545,000
4
3
2,851
For Sale
414 Patton St, Morganton, NC 28655
0.15
$310,000
3
2
2,466
For Sale
101 Falls St, Morganton, NC 28655
0.17
$254,900
3
2
1,559
For Sale
103 Silver Creek Rd, Morganton, NC 28655
0.15
$173,000
2
1
965
For Sale
110 Mimosa St, Morganton, NC 28655
0.15
$205,500
2
1
1,340
Off Market
803 W Union St #B, Morganton, NC 28655
0.20
-
3
2.5
1,600
Off Market

Local Information

  • Map ViewExplore the area around 116 Colony Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1985
1.39 acre lot
992 sqft
$304/sqft
Garage

About this House

Looking for a New Home, this one has been meticulously renovated from top to bottom. Nestled on a 1.39 acres at the end of a cul-de-sac, you're going to love living here! Minutes to downtown shopping, dining and entertainment! Main level features open concept floor plan with Portuguese cork floors; stunning kitchen with custom countertops, breakfast bar, and European style cabinets with plenty of storage, plus a pantry. Primary suite w mirrored closet, double sink vanity and and laundry closet in bathroom. Second bedroom opens to the full guest bath for extra convenience. The living area has great natural light from the double doors leading to the private deck area. Later if your in need of additional living space; the basement is perfect for it. Basement has high ceilings, and is already plumbed for a full bath. There is access to the backyard and driveway from the basement. Extra lot has sewer line easement for the city of Morganton. Seller didn't pull permits for renovation.
116 Colony Dr, Morganton, NC 28655 is a 2 bedroom, 2 bathroom, 992 sqft single-family home built in 1985. It last sold for $305,000 on Jul 8, 2024 (5% below the $319,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $301,400, with a rent estimate of $1,290/month.
Last check for updates: about 16 hours ago
Listed by Nancy Roberts
Nancy Roberts Realty LLC
Bought with: Carly Esslinger, (828) 280-3056, Town and Mountain Realty
Source: Canopy MLS as distributed by MLS GRID, MLS#4136986

Home Details for 116 Colony Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Basement Garage Door,Basement Shop,Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out AccessNumber of Rooms: 1Types of Rooms: Primary Bedroom
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 992 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, RefrigeratorDishwasherLaundry: In BathroomRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: Mirrored Closet Door(s)Flooring: Carpet, Cork
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Two or More Access ExitsFloors: Carpet, Cork
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Deck
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Basement,Circular Driveway,Driveway
Frontage
Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Dirt, Paved
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 992 Square Feet

Days on Market

Cumulative Days on Market: 30

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Cedar ShakeNot a New Construction
Property Information
Parcel Number: 1793835895Additional Parcels Description: 17938335731

Price & Status

Price
List Price: $319,900

Location

Direction & Address
City: MorgantonCommunity: Colony Acres
School Information
Elementary School: Forest HillJr High / Middle School: Walter JohnsonHigh School: Freedom

Building

Building Area
Building Area: 992 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 1.39 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

BasementMls Number: 4136986Attribution Contact: nancysellsnc@gmail.comAbove Grade Unfinished Area: 992

Price and Tax history

DateEventPrice
Jul 8, 2024
Source: Canopy MLS as distributed by MLS GRID #4136986
Sold
$305,000
May 16, 2024
Source: Canopy MLS as distributed by MLS GRID #4136986
PriceChange
$319,900
Price decreased by 6%
May 8, 2024
Source: Canopy MLS as distributed by MLS GRID #4136986
Listed For Sale
$339,900
May 20, 2022
Source: Canopy MLS as distributed by MLS GRID #3848454
Sold
$105,000
Apr 29, 2022
Source: Beverly-Hanks & Associates, Inc. #3848454
Pending
$150,000

Market trends in Morganton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$270K
$9.83KMoM
Sale-to-List Price
—
Price per sq ft
$179
$3MoM
Available listings
221
19MoM

Around this home

What Locals Say about Morganton

At least 149 Trulia users voted on each feature.

  • 84 % Say parking is easy

  • 81 % Say yards are well-kept

  • 80 % Say car is needed

  • 72 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 58 % Say they plan to stay for at least 5 years

  • 58 % Say it's quiet

  • 58 % Say kids play outside

  • 52 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 49 % Say neighbors are friendly

  • 49 % Say streets are well-lit

  • 34 % Say it's walkable to restaurants

  • 33 % Say there are sidewalks

  • 32 % Say it's walkable to grocery stores

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ashleyjay1125
    "Morganton is small but it’s quite not a lot of crime, with a country like setting most anywhere you live. "
    0
    Flag
  • Schafincow13
    "Great friendly people . Always something to do down town. Live bands you can hear from the house. Breweries near by. Movie theatre. Down town Morganton does trick r treating and also the churches do trunk r treating. We have an actual witch that lives near by. There are dog parks that you can take your fury friend to. Several festivals near by. Firework display in parks and other town close by."
    0
    Flag
  • Prkrrp
    "We have lots of festivals throughout the year. Our town has several parades to celebrate different holidays. We several parks in the community that support local sports and out door activities. Lake James is also close by. Lake James is good for fishing, swimming and boating. "
    0
    Flag
  • Lisa B.
    "lots of dogs in the neighborhood. people clean up after pets. leashes used. it's a dog friendly community. "
    0
    Flag
  • Kellyrae0928
    "There is Tons of trails to walk, dog parks and greenway tracks! Most businesses are also dog friendly."
    1
    Flag
  • Bananasrock84
    "I feel very safe in my neighborhood. The neighbors are very friendly and helpful. I've never had to worry about my mail or packages going missing."
    0
    Flag
  • Shelly S.
    "We have a good community, low crime rate and genuinely nice friendly people. I know all of my neighbors, and we all try to lend a helping hand when needed. We may not live in Mayberry but we have a small town feel. "
    0
    Flag
  • Brandi N. P.
    "I live in Morganton in the Parkview Apartments and it is wonderful. Upkeep is always done in a timely manor, I feel safe at home. Really quiet neighborhood, walking distance to Bethel Park. Clean. Nice neighbors that become friends, we love it!"
    5
    Flag
  • Trulia User
    "I have lived in Morganton all of my life. It is a great place to live with lots of Southern charm. Small town environment meets the rural South."
    0
    Flag
  • Ryanpatrickpage
    "Great people! No crime in my neighborhood. Park nearby with dog park. Plenty of places to grocery shop."
    0
    Flag
  • Sleepinbeauty305
    "I dont have kids so I have no idea. So sorry. It is how ever a good neighborhood and neighbors are friendly."
    0
    Flag
  • Sherry.young
    "Friday night Concerts on the square in downtown Morganton. Cute shops, restaurants and parks close by too. "
    0
    Flag
  • kevinsimpsondc
    "I own a downtown condo with my wife. We both grew up in Morganton, both love it and both hope to retire and move back to Morganton! It's a great place to raise a family and offers many options for how the parents want to raise their children. Overall, you will get from it what you put into it..."
    6
    Flag
  • Dameronlyon
    "It's quiet peacefull,besides k9ds playing nearby at the school and in my neighborhood.Near the mountains and beautiful sights yet also close to town and shopping "
    0
    Flag
  • Lyssaleigh1972
    "My husband retired from the navy, 20 year service and we moved here from Norfolk Virginia. It was difficult at first but we’ve been here for about 4 years now and I love it. My son goes to New Dimensions, best school in my opinion. We are looking for our forever home here in Morganton. "
    5
    Flag
  • Lyssa L.
    "easy access to everything. Interstate, shopping, movies, restaurants, brewing..ect. I have lived for about 4 years and I love it. The people are diverse and nice. good school and nice parks. "
    2
    Flag
  • Lindsay S.
    "There are very few rentals allowing dogs. However, dogs are fairly common and accepted in this neighborhood. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-12 01:03:27 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 116 Colony Dr

  • What is 116 Colony Dr estimated to be worth?
    Trulia's estimated value for 116 Colony Dr in Morganton, NC is $301,400.
  • What is the price history for 116 Colony Dr?
    116 Colony Dr in Morganton, NC last sold for $305,000 in July 2024.
  • Is Morganton a buyer's or seller's market?
    Morganton is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Morganton?
    The median sale price in Morganton is $270K. That is down $9.83K from the prior month.
  • Does 116 Colony Dr have air conditioning?
    Yes, 116 Colony Dr in Morganton, NC has air conditioning.
  • Does 116 Colony Dr have laundry facilities?
    Yes, 116 Colony Dr in Morganton, NC has laundry facilities.

Explore by feature - Pet Friendly

22 pet-friendly rentals in Morganton, NC

Explore by feature - Garage

7 rentals with a garage in Morganton, NC

Explore by feature - Air Conditioning

28 rentals with air conditioning in Morganton, NC

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25 rentals with a washer/dryer in Morganton, NC

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