368 Settlemyre Rd

Morganton, NC 28655

$327,500
Last Sold Price
3
Beds
2,828 Sq. Ft.
$116 / Sq. Ft.
2,828
Sq. Ft.
$116
per Sq. Ft.
Closed 11/21/25
Closed 11/21/25
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Description

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...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!
  1. Listed by Shane Cook • C Shane Cook & Associates • cshanecook@yahoo.com

Property Details for 368 Settlemyre Road

Architectural Style
Farmhouse
Parking Features
Detached Carport, Circular Driveway, Driveway
Subdivision Name
None
LISTING UPDATED: 11/21/2025 09:06 PM

Property Details for 368 Settlemyre Road

StatusClosed
MLS #4264485
Days on Market130
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1909
Lot Size6.19 AC / 269,636 SF
CountyBurke County

Location

Listing Courtesy of C Shane Cook & Associates

Sold By Western Piedmont Real Estate, LLC

Add your commute

Building Information for 368 Settlemyre Road

Stories-Year Built1909Building Size-Lot Size6.19 AC / 269,636 SF

Payment Calculator

$1,618 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,618

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 368 Settlemyre Road

Summary
Location and General Information
  • Longitude: -81.615264
  • Latitude: 35.759106
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $204,144.00
  • Parcel Number: 2724-41-1490
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Heritage
  • High School: Jimmy C Draughn
  • Elementary School: Drexel
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport Spaces: 2.0
  • Parking: Carport YN: Yes
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 1000
  • Above Grade Finished Area: 2454.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1519
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 935
  • Sq Ft Other: 720.0
  • Sq Ft Second Living Quarters HLA: 374.0
  • Sq Ft Total Property HLA: 2828.0
  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 47
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Available, Electricity Connected, Propane, Wired Internet Available
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Rear Porch
  • Road Surface Type: Gravel, Paved
  • Roof: Metal
  • Other Structures: Workshop
Interior Features
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Levels: Two
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Radiant
  • Laundry Features: In Bathroom, Main Level
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Fireplace YN: Yes
  • Flooring: Wood
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Bedroom Main: 1
  • Bedroom Upper: 2
  • Full Bath Main: 1
  • Full Bath Second LQ: 1
  • Full Bath Upper: 1
  • Half Bath Main: 0
  • Half Bath Upper: 0
  • Second Living Quarters: Exterior Not Connected, Guest House, Main Level, Separate Entrance, Separate Kitchen Facilities, Separate Living Quarters
Room Information
Room Information
  • Room Count: 9.0
Room 1
  • Room Types: Living Room
  • Room Level: Main
Room 2
  • Room Types: Kitchen
  • Room Level: Main
Room 3
  • Room Types: Sunroom
  • Room Level: Main
Room 4
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 5
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 6
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 7
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 8
  • Room Types: Den
  • Room Level: Upper
Room 9
  • Room Types: Bathroom-Full
  • Room Level: Upper

Property History for 368 Settlemyre Road

DateEvent & SourcePriceAppreciation
Nov 21, 2025

Closed

CANOPY #4264485

$327,500—
Nov 19, 2025

Closed (Public Record)

Public Record #1921241830

$327,500—
Oct 10, 2025

Under Contract-No Show

CANOPY #4264485

—
Sep 19, 2025

Price Change

CANOPY #4264485

$335,000—
Jul 24, 2025

Listed (Active)

CANOPY #4264485

—
Jul 20, 2025

Under Contract-No Show

CANOPY #4264485

—
Jul 19, 2025

Under Contract-Show

CANOPY #4264485

—
May 28, 2025

Listed (Active)

CANOPY #4264485

$350,000—
Mar 28, 2014

Closed

CANOPY #25306

$135,000—
Mar 28, 2014

Under Contract-No Show

CANOPY #25306

—
Jan 14, 2014

Listed (Active)

CANOPY #25306

$137,500—
DateEvent & SourcePrice
11/21/2025

Closed

CANOPY #4264485

$327,500
11/19/2025

Closed (Public Record)

Public Record #1921241830

$327,500
10/10/2025

Under Contract-No Show

CANOPY #4264485

—
09/19/2025

Price Change

CANOPY #4264485

$335,000
07/24/2025

Listed (Active)

CANOPY #4264485

—
07/20/2025

Under Contract-No Show

CANOPY #4264485

—
07/19/2025

Under Contract-Show

CANOPY #4264485

—
05/28/2025

Listed (Active)

CANOPY #4264485

$350,000
03/28/2014

Closed

CANOPY #25306

$135,000
03/28/2014

Under Contract-No Show

CANOPY #25306

—
01/14/2014

Listed (Active)

CANOPY #25306

$137,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 368 Settlemyre Road

Taxable ValueLand$57,852Additions$135,384Total$193,236
Home Facts
Beds4Total Finished SqFt2,116 SqFtAbove Grade Finished SqFt2,116 SqFtStories2StyleSingle Family ResidenceYear Built1909Year Renovated1960ZoningR-20 RESIDENTCountyBURKEAPN67233

Schools near 368 Settlemyre Road

This home is within Burke County School District.
Rating
School
Type
Grades
Distance
Drexel Primary
Public - PK to 5
Heritage Middle
Public - 6 to 8
Jimmy C. Draughn High School
Public - 9 to 12
Chesterfield Elementary
Public - PK to 5
Rating
School
Distance
Drexel Primary
PublicPK to 5

Heritage Middle
Public6 to 8

Jimmy C. Draughn High School
Public9 to 12

Chesterfield Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C Shane Cook & Associates

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/02/2026 09:11 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.