Active

Price cut: $15K (6/22)

$334,900

316 Drexel Rd, Morganton, NC 28655

2beds

1,310sqft

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Single Family Residence

Built in 1947

5.84 Acres Lot

$326,000 Zestimate^®

$256/sqft

$-- HOA

What's special

Expansive acreage offers privacyScenic viewsBeautiful brick ranch-style homeEat-in kitchenLower-level laundry roomCar garageDining room

Come and check out this beautiful brick ranch-style home, just minutes away from downtown Morganton! Home features an eat-in kitchen, dining room, living room, and den with a wood stove, 2 beds and 1 bath, and a lower-level laundry room, car garage, all on 5.84 beautiful acres. 2022-2.5-ton Goodman heat pump installed using an oil furnace as auxiliary heat source for when the outside temperature falls below 40 degrees. 2026 Spirit oil furnace installed, replacing the original oil furnace. Whether you're looking for a hobby farm, space for animals, gardening, or simply peaceful country living--this home could be the one for you! Expansive acreage offers privacy, scenic views, and plenty of room to expand or build additional structures!

162 days

526

21

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Bar Fridge, Microwave, Convection Oven, Dishwasher, Washer/Dryer
Laundry: Main Level

Features

Flooring: Vinyl, Wood
Doors: Sliding Doors, Storm Door(s)
Basement: Partially Finished,Unfinished
Fireplace features: Den, Wood Burning Stove

Interior area

Total structure area: 1,310
Total interior livable area: 1,310 sqft
Finished area above ground: 1,310
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached Carport, Garage on Main Level
Has garage: Yes
Carport spaces: 2
Details: Plenty of driveway parking

Features

Levels: One
Stories: 1
Patio & porch: Side Porch

Lot

Size: 5.84 Acres

Details

Parcel number: 2712681266
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Full

Condition

New construction: No
Year built: 1947

Utilities & green energy

Sewer: Septic Installed
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Morganton

Financial & listing details

Price per square foot: $256/sqft
Tax assessed value: $229,133
Annual tax amount: $1,593
Date on market: 1/30/2026
Cumulative days on market: 162 days
Exclusions: None
Road surface type: Asphalt, Paved

Estimated market value

$326,000

$310,000 - $342,000

$1,501/mo

Price history

Date	Event	Price
6/22/2026	Price change	$334,900-4.3%$256/sqft
Source: Canopy MLS as distributed by MLS GRID #4341632 Report a problem
5/29/2026	Price change	$349,900-4.1%$267/sqft
Source: Canopy MLS as distributed by MLS GRID #4341632 Report a problem
4/30/2026	Price change	$364,900-6.4%$279/sqft
Source: Canopy MLS as distributed by MLS GRID #4341632 Report a problem
3/10/2026	Price change	$389,900-2.5%$298/sqft
Source: Canopy MLS as distributed by MLS GRID #4341632 Report a problem
2/3/2026	Listed for sale	$399,900$305/sqft
Source: Canopy MLS as distributed by MLS GRID #4341632 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,593 -0.5%	$229,133
2024	$1,600	$229,133
2023	$1,600 +110.1%	$229,133 +47.5%
2022	$762 +0.4%	$155,355
2021	$759 +0.3%	$155,355
2020	$757 -10.9%	$155,355
2019	$849 +15.4%	$155,355 +3.6%
2018	$736 +2.3%	$150,020
2017	$719	$150,020
2016	$719 +0.3%	$150,020
2015	$717	$150,020

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28655

Getting around

17 / 100

Car-Dependent

5 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Mull Elementary
Grades: PK-5Distance: 1.6 mi
5/10
Liberty Middle
Grades: 6-8Distance: 1.9 mi
8/10
Robert L Patton High School
Grades: 9-12Distance: 2.2 mi

Schools provided by the listing agent

Elementary: Mull
Middle: Liberty
High: Patton

Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.