Seller's Agent in 2025
C. Shane Cook
C Shane Cook & Associates
(828) 443-3205
16 in this area
133 Total Sales
368 Settlemyre Rd Morganton, NC 28655
3
Beds
3
Baths
2,828
Sq Ft
6.19
Acres
Highlights
- Guest House
- Wood Burning Stove
- Wood Flooring
- Heritage Middle School Rated A-
- Wooded Lot
- Farmhouse Style Home
About This Home
As of November 2025Discover 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 & 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 storage/workshop from a converted singlewide at the rear of the property, considered of no value. Old shared driveway near 350 Settlemyre Rd. Sold as-is; priced accordingly. Cash, conventional or reno loan preferred. A unique opportunity to own a slice of history with endless potential! Reduced $15,000 to $335,000!
Last Agent to Sell the Property
C Shane Cook & Associates Brokerage Email: cshanecook@yahoo.com License #210804 Listed on: 05/28/2025
Home Details
Home Type
- Single Family
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 Stove
- Wood Burning Fireplace
- Wood Flooring
- Crawl Space
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Bathroom
Parking
- 2 Detached Carport Spaces
- 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
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2724-41-1490
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2014
Closed on
Mar 28, 2014
Sold by
Hawn Frnces Reynolds and Hawk Jon
Bought by
Iritsky Keith A and Iritsky Cindi L
List Price
$135,000
Sold Price
$135,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $327,500 | -2.2% | $116 / Sq Ft | |
| 10/10/2025 10/10/25 | Pending | -- | -- | -- | |
| 09/19/2025 09/19/25 | Price Changed | $335,000 | -4.3% | $118 / Sq Ft | |
| 07/24/2025 07/24/25 | For Sale | $350,000 | 0.0% | $124 / Sq Ft | |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- | |
| 05/28/2025 05/28/25 | For Sale | $350,000 | +159.3% | $124 / Sq Ft | |
| 03/28/2014 03/28/14 | Sold | $135,000 | 0.0% | $55 / Sq Ft | View Prior Sale |
| 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)
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 | $28 | $4,320 | $4,320 | $0 |
| 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 |
| 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
Agents Affiliated with this Home
-
C. Shane Cook
-
Daisy Donnahue
Buyer's Agent in 2025
Daisy Donnahue
Western Piedmont Real Estate, LLC
(828) 448-2290
12 in this area
57 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4264485
APN: 56864
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