$350,000

368 Settlemyre Rd Morganton, NC 28655

Estimated payment $1,860/month

Total Views 6,682
3 Beds
3 Baths
2,454 Sq Ft
$143 Price per Sq Ft

Highlights

  • Very Popular Property
  • Guest House
  • Wood Flooring
  • Heritage Middle School Rated A-
  • Wooded Lot
  • Farmhouse Style Home

About This Home

Discover a rare opportunity to restore a piece of local history with this 1909 farmhouse nestled on 6.19 acres. Located just outside Drexel, with easy access to Morganton & Valdese, this property offers both the charm of country living & the convenience of nearby amenities.With a little vision and dedication, this timeless home can be brought back to its former glory—blending classic character with modern comforts. Features include hardwood & pine floors, two wood-burning fireplaces, a main-level living room, sunroom, kitchen, bedroom, full bath, & laundry. A heated/cooled rear porch leads to the backyard & a 370 sq ft detached guest house with kitchenette, laundry, & bath. Upstairs offers two bedrooms, a den/office, & a second full bath. A converted singlewide at the rear serves as a woodworking shop. Old shared driveway near 350 Settlemyre Rd. Sold as-is; priced accordingly. Cash or renovation loans preferred. A unique opportunity to own a slice of history with endless potential!

Last Listed By

C. Shane Cook

C Shane Cook & Associates Brokerage Email: cshanecook@yahoo.com License #210804 Listed on: 05/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29

Year Built

  • Built in 1909

Lot Details

  • Wooded Lot
  • Property is zoned R-20

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Parking

  • Detached Carport Space
  • Circular Driveway

Outdoor Features

  • Enclosed patio or porch
  • Separate Outdoor Workshop

Additional Homes

  • Guest House
  • Separate Entry Quarters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2724-41-1490

Home Details

Home Type

Single Family

Est. Annual Taxes

$29

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1909
  • Second Living Quarters: Exterior Not Connected,Guest House,Main Level,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 123.76
  • Geocode Confidence: High
  • Attribution Contact: cshanecook@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1519
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 935
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Above Grade Finished Sq Ft: 2454
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Living Area: 2454
  • Bedroom Main: 1
  • Room Count: 9
  • Sq Ft Other: 720

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Wood
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Circular Driveway, Driveway

Utilities

  • Heating: Forced Air, Heat Pump, Radiant
  • Sewer: Septic Installed
  • Laundry Features: In Bathroom, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Propane, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 6.19
  • Lot Size Units: Acres
  • Parcel Number: 2724-41-1490
  • Additional Parcels: No
  • Zoning Specification: R-20

Green Features

  • Green Verification Count: 0

MLS Schools

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

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $29 $4,320 $4,320 $0
2023 $29 $4,320 $4,320 $0
2022 $28 $3,600 $3,600 $0
2021 $28 $3,600 $3,600 $0
2020 $28 $3,600 $3,600 $0
2019 $28 $3,600 $3,600 $0
2018 $28 $3,600 $3,600 $0
2017 $28 $3,600 $3,600 $0
2016 $27 $3,600 $3,600 $0
2015 $27 $3,600 $3,600 $0
2014 $27 $3,600 $3,600 $0
2013 $27 $3,600 $3,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $350,000 +159.3% $143 / Sq Ft
03/28/2014 03/28/14 Sold $135,000 0.0% $55 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $135,000 -- $55 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 None Available
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4264485

Canopy MLS (Canopy Realtor® Association)

APN: 56864