1475 Watermill Rd
Morganton, NC 28655
3 bd 2 ba 1,112 sqft Built 1972 Lot 19,602 sqft single_family
Most recent sale
$198,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 27, 2022 | Sold | $198,000 | MLS #3840747 |
| Mar 21, 2022 | Listed | $189,900 | MLS #3840747 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $181,458 | $14,063 | $195,521 | $1,333 |
| 2023 | $181,458 | $14,063 | $195,521 | $1,339 |
| 2022 | $74,358 | $9,450 | $83,808 | $739 |
| 2021 | $74,358 | $9,450 | $83,808 | $734 |
| 2020 | $74,358 | $9,450 | $83,808 | $730 |
| 2019 | $74,358 | $9,450 | $83,808 | $730 |
| 2018 | $73,202 | $9,450 | $82,652 | $721 |
| 2017 | $73,202 | $9,450 | $82,652 | $719 |
| 2016 | $73,202 | $9,450 | $82,652 | $701 |
| 2015 | $73,202 | $9,450 | $82,652 | $698 |
| 2014 | $73,202 | $9,450 | $82,652 | $697 |
| 2013 | $73,202 | $9,450 | $82,652 | $689 |
| 2012 | $65,619 | $8,550 | $74,169 | $506 |
| 2011 | $61,012 | $8,550 | $69,562 | $476 |
| 2010 | $61,012 | $8,550 | $69,562 | $475 |
| 2009 | $61,012 | $8,550 | $69,562 | $472 |
| 2008 | $61,012 | $8,550 | $69,562 | $478 |
| 2007 | $61,012 | $8,550 | $69,562 | $229 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,112 sqft
Lot size
19,602 sqft
ZIP code
28655
City
Morganton
Street
Watermill Rd
Coordinates
35.76699, -81.76340
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,501
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value
—
Frequently asked questions
When did 1475 Watermill Rd last sell?
1475 Watermill Rd most recently sold on Apr 27, 2022 for $198,000.
What is the current tax assessment for 1475 Watermill Rd?
The most recent total assessment for 1475 Watermill Rd (year 2025) is $195,521 with $1,333 in property tax.
How does 1475 Watermill Rd's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $198,000.
When was 1475 Watermill Rd built?
1475 Watermill Rd was built in 1972.
How does 1475 Watermill Rd compare to others on Watermill Rd?
We track 8 other properties on Watermill Rd. Browse the list under "Other properties on Watermill Rd" to compare beds, baths, and sale history.
What are the property facts for 1475 Watermill Rd?
1475 Watermill Rd is a 3 bed, 2 bath, 1,112 sqft, 19,602 sqft lot single_family.
Is 1475 Watermill Rd a flip candidate?
No — 1475 Watermill Rd does not appear in our flips dataset.
Is 1475 Watermill Rd a tax-appeal candidate?
No — 1475 Watermill Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Watermill Rd