Sarah Benfield
Home & Heart Realty, LLC
(828) 624-3793
47 Total Sales
1 in Drexel
$132,000 Price
658 Settlemyre Rd Morganton, NC 28655
Drexel AreaEstimated Value: $300,000 - $459,000
3
Beds
2
Baths
--
Sq Ft
1.97
Acre Lot
Highlights
- Shed
- Level Lot
- Carpet
- Heritage Middle School Rated A-
About This Home
As of April 2019A Duplex and 4 single wide mobile homes sitting on 1.97 acres with a 24x36 metal storage building. Bringing in gross income of $33,000 per year. Each tenant pays their own power bills. Units have range /oven, fridge, washer dryer connections. Park pays for water ($120 per month), trash removal, and electrical on storage building and street lights ($33 a month). Combined rents are $2750 per month. All units are on Drexel sewer and 5 units are on Town of Valdese water. One unit is on a shared well with the adjoining park.
Last Agent to Sell the Property
Nest Realty Morganton License #296868 Listed on: 10/15/2018
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 1.97
Home Design
- Brick Exterior Construction
Flooring
- Carpet
- Laminate
Additional Features
- Crawl Space
- Shed
- Level Lot
Listing and Financial Details
- Tenant pays for cable, electric heat, electricity
- Rent includes exterior maintenance, garbage pick-up, outdoor lighting, sewer, water
- Assessor Parcel Number 2724128941
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
Oct 15, 2018
Closed on
Apr 17, 2019
Sold by
Bought by
Seller's Agent
Matt Crotts
Nest Realty Morganton
Buyer's Agent
Elizabeth Thao
EXP Realty LLC Mooresville
List Price
$225,000
Sold Price
$175,000
Premium/Discount to List
-$50,000
-22.22%
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
$179,005
Avg. Annual Appreciation
10.07%
Original Mortgage
$140,000
Outstanding Balance
$121,060
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$232,945
Purchase Details
Closed on
Nov 27, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morganton, NC
-
Sarah Benfield
-
Dave Dribbon
Dave Dribbon
GreyBeard Realty
(828) 655-7946
79 Total Sales
1 in Drexel
$47,000 Price
-
Chris Gettys
Chris Gettys
EXP Realty LLC Mooresville
(828) 523-8674
144 Total Sales
1 in Drexel
$215,000 Price
-
Kim Heavner
Kim Heavner
Premier South
(980) 842-7113
65 Total Sales
1 in Drexel
$280,500 Price
-
Elaine Register
Elaine Register
True North Realty
(813) 761-2984
33 Total Sales
1 in Drexel
$279,000 Price
-
Kenneth Morrison
Kenneth Morrison
Responds QuicklyHorizon Realty Associates LLC
(828) 608-1485
22 Total Sales
1 in Drexel
$229,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $175,000 | None Available | ||
| $150,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $140,000 | ||
| Previous Owner | $150,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $175,000 | -7.8% | -- |
| 02/12/2019 02/12/19 | Pending | -- | -- | -- |
| 01/24/2019 01/24/19 | Price Changed | $189,900 | -5.0% | -- |
| 12/31/2018 12/31/18 | Price Changed | $199,900 | +8.1% | -- |
| 12/26/2018 12/26/18 | Price Changed | $184,900 | -7.5% | -- |
| 12/05/2018 12/05/18 | Price Changed | $199,900 | -9.1% | -- |
| 11/13/2018 11/13/18 | Price Changed | $219,900 | -2.3% | -- |
| 10/15/2018 10/15/18 | For Sale | $225,000 | -- | -- |
Source: Canopy MLS
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 | $1,640 | $236,377 | $24,674 | $211,703 |
| 2024 | $1,648 | $236,377 | $24,674 | $211,703 |
| 2023 | $1,648 | $236,377 | $24,674 | $211,703 |
| 2022 | $1,233 | $148,959 | $21,511 | $127,448 |
| 2021 | $1,227 | $148,959 | $21,511 | $127,448 |
| 2020 | $1,223 | $148,959 | $21,511 | $127,448 |
| 2019 | $1,223 | $148,959 | $21,511 | $127,448 |
| 2018 | $1,149 | $139,379 | $21,511 | $117,868 |
| 2017 | $1,147 | $139,341 | $21,511 | $117,830 |
| 2016 | $1,121 | $139,341 | $21,511 | $117,830 |
| 2015 | $1,118 | $139,341 | $21,511 | $117,830 |
| 2014 | $1,472 | $139,341 | $21,511 | $117,830 |
| 2013 | $1,453 | $139,341 | $21,511 | $117,830 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Crotts
M
Seller's Agent in 2019
Matt Crotts
Nest Realty Morganton
(828) 413-9247
62 Total Sales
-
Elizabeth Thao
Buyer's Agent in 2019
Elizabeth Thao
EXP Realty LLC Mooresville
(828) 391-9666
48 Total Sales
Map
Source: Canopy MLS
MLS Number: CAR3444036
APN: 4234
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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Listings courtesy of Canopy MLS as distributed by MLS GRID
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