Last Sold Price
3 beds2,828 sqft$116/sqft
368 Settlemyre Rd, Morganton, NC 28655

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!
LISTING CLOSED: 11/21/2025 12:00 AM

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

Property Details for 368 Settlemyre Road

Status
MLS #
4264485
Days on Market
130
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1909
Lot Size
6.19 AC / 269,636 SF
Architectural Style
Farmhouse
Parking Features
Detached Carport, Circular Driveway, Driveway
Subdivision Name
None

Location

Listing Courtesy of C Shane Cook & Associates

Sold By Western Piedmont Real Estate, LLC

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Building Information for 368 Settlemyre Road

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

Payment Calculator

$1,665 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,665

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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

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

For completeness, we 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
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Drexel Primary
PublicPK to 5

Heritage Middle
Public6 to 8

Jimmy C. Draughn High School
Public9 to 12

Hallyburton Academy
Public6 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 368 Settlemyre Road, Morganton, NC 28655
$327,500
3
2,828
269,636
$115,000
1
792
118,048
$87,500
2
942
23,522
$49,000
2
1
982
43,124
3
3
3,528
30,056
$20,000
2
924

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C Shane Cook & Associates

Based on information submitted to the MLS GRID as of 11/21/2025 09:06 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.