NOT LISTED FOR SALE

111 Settlemyre Rd Morganton, NC 28655

Estimated Value: $197,000 - $218,996

3 Beds
2 Baths
1,104 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $174,900 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,194/month

6 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Covered Patio or Porch
  • Heritage Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2022

Move in ready! Freshly painted and updated, this is a great home in the heart of Drexel. Three ample sized bedrooms, large living room with hardwood floors, updated kitchen, 2 tiled bathrooms-one is private to the primary bedroom and a large mudroom with laundry. New vinyl flooring in primary BR and kitchen. Hardwoods in Living room, hall and 2 bedrooms. Large, fenced rear yard with storage building. Second metal building will need some TLC for use. Flat gravel drive provides plenty of parking and there are covered front and rear porches. Easy access to Hwy 70 and I 40.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James Brokerage Email: pollyleadbetter@gmail.com License #210179 Listed on: 10/11/2022

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Shelby Clevenger

ERA Live Moore License #338270

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1946

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned R8

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Wired For Data
  • Insulated Windows
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2723598407

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1946
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 158.42
  • Attribution Contact: pollyleadbetter@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1104
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1104
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1104
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Other - See Remarks

Utilities

  • Heating: Heat Pump, Propane
  • Sewer: Public Sewer
  • Laundry Features: Mud Room, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Parcel Number: 2723598407
  • Zoning: R8
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 28, 2022
Sold by
Newcomb Edna B
Bought by
Macdonald Lillian Michelle and Pineiro Dustin Mitchell
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Shelby Clevenger
ERA Live Moore
List Price
$174,900
Sold Price
$174,900
Views
156
Current Estimated Value
$205,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,443
Avg. Annual Appreciation
6.46%
Original Mortgage
$176,900
Outstanding Balance
$171,889
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$35,110

Purchase Details

Closed on
Apr 26, 2005
Sold by
Daugherty Myra A
Bought by
Newcomb Edna B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macdonald Lillian Michelle $175,000 --
Macdonald Lillian Michelle $175,000 None Listed On Document
Newcomb Edna B $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Lillian Michelle $176,900
Closed Macdonald Lillian Michelle $176,900
Previous Owner Newcomb Edna B $75,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $174,900 0.0% $158 / Sq Ft
10/11/2022 10/11/22 For Sale $174,900 -- $158 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $904 $144,793 $18,375 $126,418
2023 $899 $144,793 $18,375 $126,418
2022 $507 $61,188 $15,750 $45,438
2021 $501 $61,188 $15,750 $45,438
2020 $497 $61,188 $15,750 $45,438
2019 $497 $61,188 $15,750 $45,438
2018 $526 $65,352 $15,750 $49,602
2017 $524 $65,352 $15,750 $49,602
2016 $509 $65,352 $15,750 $49,602
2015 $506 $65,352 $15,750 $49,602
2014 $505 $65,352 $15,750 $49,602
2013 $505 $65,352 $15,750 $49,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3912376

Canopy MLS (Canopy Realtor® Association)

APN: 11825