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1550 Old Dry Creek Rd

Morganton, NC 28655

4 bd 5 ba 5,035 sqft Built 2020 Lot 88,427 sqft single_family
Most recent sale
$2,282,661
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $2,282,661 MLS #3587724
Oct 26, 2020 Sold $450,000 Public Record
Aug 15, 2020 Price changed $1,899,000 MLS #3587724
Jan 31, 2020 Listed $1,599,000 MLS #3587724
Dec 20, 2019 Sold $300,000 Public Record
Dec 29, 2004 Sold $311,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,273,055 $446,680 $1,719,735 $11,012
2023 $1,273,055 $446,680 $1,719,735 $11,094
2022 $793,505 $282,650 $1,076,155 $8,422
2021 $15,887 $257,650 $273,537 $2,120
2020 $15,887 $232,650 $248,537 $1,926
2019 $232,650 $232,650 $1,803
2018 $209,180 $209,180 $1,621
2017 $209,180 $209,180 $1,749
2016 $209,180 $209,180 $1,589
2015 $209,180 $209,180 $1,589
2014 $209,180 $209,180 $1,589
2013 $209,180 $209,180 $1,589
2012 $375,900 $375,900 $2,180
2011 $375,900 $375,900 $2,180
2010 $375,900 $375,900 $2,180
2009 $375,900 $375,900 $2,180
2008 $375,900 $375,900 $2,180
2007 $375,900 $375,900 $2,180

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
5,035 sqft
Lot size
88,427 sqft
ZIP code
28655
City
Morganton
Street
Old Dry Creek Rd
Coordinates
35.76601, -81.84208

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$13,696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1550 Old Dry Creek Rd last sell?
1550 Old Dry Creek Rd most recently sold on Jun 9, 2022 for $2,282,661.
What is the current tax assessment for 1550 Old Dry Creek Rd?
The most recent total assessment for 1550 Old Dry Creek Rd (year 2025) is $1,719,735 with $11,012 in property tax.
How does 1550 Old Dry Creek Rd's assessment compare to its last sale price?
The current assessment is 24.7% below the last sale price of $2,282,661.
When was 1550 Old Dry Creek Rd built?
1550 Old Dry Creek Rd was built in 2020.
How does 1550 Old Dry Creek Rd compare to others on Old Dry Creek Rd?
We track 8 other properties on Old Dry Creek Rd. Browse the list under "Other properties on Old Dry Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 1550 Old Dry Creek Rd?
1550 Old Dry Creek Rd is a 4 bed, 5 bath, 5,035 sqft, 88,427 sqft lot single_family.
Is 1550 Old Dry Creek Rd a flip candidate?
Yes — 1550 Old Dry Creek Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1550 Old Dry Creek Rd a tax-appeal candidate?
No — 1550 Old Dry Creek Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast

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