Lauren Hart
Hart Real Estate
(828) 624-6354
156 Total Sales
2 in Drexel
$375K - $525K Price Range
368 Settlemyre Rd Morganton, NC 28655
Drexel AreaEstimated Value: $331,000
3
Beds
3
Baths
2,828
Sq Ft
$117/Sq Ft
Est. Value
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 & 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!
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Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,000
Avg. Annual Appreciation
7.45%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morganton, NC
-
Lauren Hart
-
Tony Colella
Tony Colella
Western Piedmont Real Estate, LLC
(828) 554-0684
75 Total Sales
4 in Drexel
$65K - $265K Price Range
-
Brent Heavner
Brent Heavner
Premier South
(828) 392-7186
142 Total Sales
1 in Drexel
$280,500 Price
-
Stephen Kue
Stephen Kue
Century 21 American Homes
(828) 523-9046
159 Total Sales
1 in Drexel
$36,000 Price
-
Rebecca Lafunor
Rebecca Lafunor
Real Broker, LLC
(828) 672-3911
80 Total Sales
1 in Drexel
$409,000 Price
-
Donna M. Laws
Donna M. Laws
Foothills Realty, LLC
(828) 929-1708
253 Total Sales
1 in Drexel
$170,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | View Prior Sale |
| 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 |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2025
C. Shane Cook
C Shane Cook & Associates
(828) 443-3205
128 Total Sales
-
Daisy Donnahue
Buyer's Agent in 2025
Daisy Donnahue
Coldwell Banker Newton RE
(828) 448-2290
68 Total Sales
Map
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