$400,000
SOLD SEP 2, 2025

1126 Watermill Rd Morganton, NC 28655

3 Beds
2 Baths
1,873 Sq Ft
3.76 Acres

Recently Sold

$214 Per Sq Ft

4% Below List Price

69 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • 2 Car Attached Garage
  • Ranch Style House
  • Front Porch
  • Patio

About This Home

As of September 2025

A must-see one-level home featuring a full unfinished basement and 3.76 acres of land. The property includes 3 bedrooms and 2 full bathrooms, offering over 1,870 square feet of living space. Recent updates include a new HVAC system, blinds, ceiling fans in the kitchen and bedrooms, new toilets, refinished oak hardwood flooring, and vinyl plank flooring in the bedrooms. Most rooms have been freshly painted. The den boasts a wood-burning fireplace enhanced with the "Schmear" technique. Basement is ready for finishing and includes laundry, a large fireplace, and plenty of natural light from the glass sliding doors. Enjoy the inviting rocking chair front porch and a fenced backyard. The property also features a 2-stall barn w/fenced pasture an 2 car garage. Conveniently located near schools, shopping, and within short drive to many outdoor activities like hiking, biking and beautiful Lake James just under an hour from Asheville, 30 minutes from Hickory, plus minutes to downtown Morganton.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE Brokerage Email: timnewton@cbnewtonrealestate.com License #103382 Listed on: 05/21/2025

Coldwell Banker Newton RE

Last Buyer's Agent

Laura Uherka

EXP Realty LLC License #318067

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Lot Has A Rolling Slope
  • Property is zoned Burke, R-3

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,873 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Den with Fireplace
  • Storm Doors

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Oak Hill Elementary School
  • Table Rock Middle School
  • Freedom High School

Farming

  • Barn
  • Pasture

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1784181210

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1974
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 213.56
  • Geocode Confidence: High
  • Attribution Contact: timnewton@cbnewtonrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1873
  • 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: 1841
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Exhaust Hood, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1873
  • Has Basement: Daylight, Exterior Entry, Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Den, Wood Burning
  • Living Area: 1873
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Chain Link, Partial, Wood
  • Construction Type: Brick Partial
  • Other Structures: Barn(s)
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 1784181210
  • Zoning: R-3
  • Plat Reference Section Pages: 32/144
  • Horse Amenities: Barn
  • Additional Parcels Description: 1784180480
  • Zoning Specification: Burke

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Aug 27, 2025
Sold by
Hawkins Peter J and Gadoury Theresa M
Bought by
Fauria William Britt and Fauria Karla Kay
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Laura Uherka
EXP Realty LLC
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
145
Current Estimated Value
$398,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,044
Avg. Annual Appreciation
-0.84%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$198,956

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 28, 2021
Sold by
Ingram Matthew S and Ingram Kristin Lee
Bought by
Hawkins Peter J and Gadoury Theresa M
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Linda Meares
Coldwell Banker Boyd & Hassell
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$256,500
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 22, 2019
Sold by
Jnh Properties Llc
Bought by
Ingram Matthew S and Ingram Kristin Lee
Seller's Agent
Nicholas Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$217,500
Sold Price
$202,000
Premium/Discount to List
-$15,500
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$198,341
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $285,000 None Available
Warranty Deed $202,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $256,500 New Conventional
Previous Owner $198,341 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Sold $400,000 -3.6% $214 / Sq Ft
05/21/2025 05/21/25 For Sale $415,000 +45.6% $222 / Sq Ft
12/28/2021 12/28/21 Sold $285,000 0.0% $154 / Sq Ft View Prior Sale
11/13/2021 11/13/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $285,000 +41.1% $154 / Sq Ft
03/22/2019 03/22/19 Sold $202,000 -4.9% $109 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $212,500 -2.3% $115 / Sq Ft
02/01/2019 02/01/19 For Sale $217,500 -- $118 / 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
2025 $1,900 $284,656 $28,791 $255,865
2024 $1,910 $284,656 $28,791 $255,865
2023 $1,910 $284,656 $28,791 $255,865
2022 $1,420 $170,464 $19,337 $151,127
2021 $1,414 $170,464 $19,337 $151,127
2020 $1,410 $170,464 $19,337 $151,127
2019 $1,406 $169,946 $19,337 $150,609
2018 $1,333 $160,626 $19,336 $141,290
2017 $1,331 $160,626 $19,336 $141,290
2016 $1,302 $160,626 $19,336 $141,290
2015 $1,299 $160,626 $19,336 $141,290
2014 $1,297 $160,626 $19,336 $141,290
2013 $1,281 $160,626 $19,336 $141,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4201720

Canopy MLS (Canopy Realtor® Association)

APN: 26737