NOT LISTED FOR SALE

122 Settlemyre Rd Morganton, NC 28655

Estimated Value: $186,000 - $191,000

2 Beds
1 Bath
952 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 23, 2025

Last sale price $185,000 $194 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,077/month

12 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Shed
  • Heritage Middle School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of January 2025

Welcome to 122 Settlemyre Rd, a charming 1-story cottage located in Drexel, NC. This cozy home features 2 BRs 1 BA, offering a perfect blend of comfort & simplicity. Ideal for first-time homebuyers, downsizers, or those seeking a peaceful retreat, this cottage provides a warm & inviting atmosphere. The spacious LR offers a great space for relaxation, while the functional kitchen features everything you need, including a cozy dining area. Both bedrooms are generously sized, providing a peaceful environment for rest. The bathroom is conveniently located nearby. Outside, the property offers a serene setting with plenty of room to personalize, whether for gardening or outdoor activities. The garage has heat & air. Located in a quiet neighborhood, this home is close to local amenities, schools, & parks, while still offering the tranquility of small-town living. The crawl space is encapsulated with a French drain, sump pump, dehumidifier & a transferable warranty. Schedule a showing today.

Last Agent to Sell the Property

Garrett Osborne

Osborne Real Estate Group LLC Brokerage Email: garrett@osbornereg.com License #275031 Listed on: 12/19/2024

Co-Listed By

Robbin Osborne

Osborne Real Estate Group LLC Brokerage Email: garrett@osbornereg.com License #187260

Last Buyer's Agent

Ashley Morton

Salt & Light Homes LLC License #348162

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned R-8

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring
  • Storm Doors

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2723594884

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1952
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 194.33
  • Geocode Confidence: High
  • Attribution Contact: garrett@osbornereg.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 952
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 252
  • Sq Ft Unheated Total: 252
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Refrigerator with Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 952
  • Has Basement: Sump Pump
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Living Area: 952
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: Raised beds do not remain
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Units: Acres
  • Parcel Number: 2723594884
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 22, 2025
Sold by
Valentino Patricia L
Bought by
Betz Andrew and Betz Meryl
Seller's Agent
Garrett Osborne
Osborne Real Estate Group LLC
Buyer's Agent
Ashley Morton
Salt & Light Homes LLC
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%
Views
43
Current Estimated Value
$188,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,080
Avg. Annual Appreciation
1.50%
Original Mortgage
$15,000
Outstanding Balance
$14,878
Interest Rate
6.6%
Estimated Equity
$173,202

Purchase Details

Listed on
Jan 2, 2022
Closed on
Mar 14, 2022
Sold by
Jo Morgan Wendy
Bought by
Valentino Patricia L
Seller's Agent
Chrissy Samson
Wilson Realty
Buyer's Agent
Garrett Osborne
Osborne Real Estate Group LLC
List Price
$147,500
Sold Price
$150,000
Premium/Discount to List
$2,500
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$142,500
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 27, 2020
Sold by
Bailey Sylvia J and Bailey Jean Karen
Bought by
Morgan Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,046
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2019
Sold by
Bailey Sylvia J
Bought by
Bailey Sylvia J and Bailey Karen Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Betz Andrew $185,000 None Listed On Document
Betz Andrew $185,000 None Listed On Document
Betz Andrew $185,000 None Listed On Document
Betz Andrew $185,000 None Listed On Document
Valentino Patricia L $150,000 New Title Company Name
Morgan Wendy J $72,500 None Available
Bailey Sylvia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betz Andrew $15,000
Closed Betz Andrew $15,000
Open Betz Andrew $175,750
Closed Betz Andrew $175,750
Previous Owner Valentino Patricia L $142,500
Previous Owner Morgan Wendy J $1,850,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold $185,000 +0.1% $194 / Sq Ft
12/19/2024 12/19/24 For Sale $184,900 +23.3% $194 / Sq Ft
03/14/2022 03/14/22 Sold $150,000 +1.7% $158 / Sq Ft View Prior Sale
02/14/2022 02/14/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $147,500 0.0% $155 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $147,500 -- $155 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,334 $138,987 $18,375 $120,612
2024 $858 $136,685 $18,375 $118,310
2023 $853 $136,685 $18,375 $118,310
2022 $537 $65,451 $15,750 $49,701
2021 $531 $65,451 $15,750 $49,701
2020 $527 $65,451 $15,750 $49,701
2019 $527 $65,451 $15,750 $49,701
2018 $495 $60,800 $15,750 $45,050
2017 $493 $60,800 $15,750 $45,050
2016 $478 $60,800 $15,750 $45,050
2015 $475 $60,800 $15,750 $45,050
2014 $474 $60,800 $15,750 $45,050
2013 $474 $60,800 $15,750 $45,050
Source: Public Records

Agents Affiliated with this Home

  • Garrett Osborne

    Seller's Agent in 2025

    Garrett Osborne

    Osborne Real Estate Group LLC

    (828) 455-5405

    2 in this area

    204 Total Sales

    Garrett Osborne
    Section Image
  • Robbin Osborne

    Seller Co-Listing Agent in 2025

    Robbin Osborne

    Osborne Real Estate Group LLC

    (828) 312-3158

    1 in this area

    216 Total Sales

    Robbin Osborne
    Section Image

  • A

    Buyer's Agent in 2025

    Ashley Morton

    Salt & Light Homes LLC

    (828) 443-6250

    2 in this area

    18 Total Sales

    Ashley Morton
    Section Image

  • C

    Seller's Agent in 2022

    Chrissy Samson

    Wilson Realty

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4207984

Canopy MLS (Canopy Realtor® Association)

APN: 4956

North Carolina Burke County Morganton 28655

122 Settlemyre Rd, Morganton, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) 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.
Based on information submitted to the MLS GRID

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